WADS（William Acc/Dist）从趋势和逆转中赚钱！ (WADS (William Acc/Dist) Make Money off o)

This is for all of you who want a simple system that can capitalize on turning points in the markets (both trend-following and trend reversal)
Okay this may seem like a popular statement but "there is no holy grail" there will never be but this is the best divergence indicator I've ever found. It far out rivals stochastic and MACD. It is similar to RSI in its calculation but it diverges much less than RSI on any given chart. You can pick up this indicator for mt4 here: http://codebase.mql4.com/2295.

The Approach

The way we approach the market with this indicator is multi-faceted, we approach it both with a counter-trend and a trend-following mindset i.e. we trade both regular and hidden divergences. Since it rarely ever diverges there are not alot of trades at all. As you can see on the AUD/CAD chart below there were only 2 divergences on this h4 chart in about a month or two of data. But these are hidden gems when they are found and almost always yield 1.5 times your risk. (if you can't see the chart it is at the bottom)

The Tools

 

1. WADS indicator (link to download for mt4 above)
2. ATR (set to 7 periods)

1. The ability to add

The Trade

1. Identify Hidden or Regular Divergence
2. Place Stop at 2x ATR (modify if support/resistance is near)
3. Place Limit at 3x ATR (modify if support/resistance is near)
4. Stop is trailed at fractals (essentially swings)

4.Move Stop to breakeven when market moves 2xATR in your direction
Of course always trail at fractals
(See picture below of original example to see the trades) (green is entry peach is stop, blue is limit)

The Examples

Remember that this system isn't perfect but it does get you close to a turning point more than 50% and with the 1.5 RRR created it is highly profitable. To make this system more efficient (what I do) is to determine trend and trade with it (still regular and hidden) and then I also trade triple tops and bottoms. This is more conservative but I've found these are the quickest and most profitable trades. I have no idea of turning this into money when I can make my own with this system.