FX PRINCE (SHARK SYSTEMS) Discussion

Here we go again,

I'm happy to introduce my new strategy called ( FX PRINCE SHARK SYSTEMS ) It's developed with sophisticated market analysis combining hybrid systems all together working to generate the best trades in the market, here you can watch mt systems performance and sharing your thoughts and opinions with me to potentially improve my system and keep up the good work.

My System is open for discussion so your thoughts, opinions, or suggestions are welcome.


https://www.myfxbook.com/members/YENMAGICIAN/fx-prince-shark-systems/7552732

semanticfx posted:
Verkaufen Sie diesen?

Hello,semanticfx,


ja sicher,Es ist ein profitables System, und ich werde es verkaufen.

Hello Traders ,

My strategy FX PRINCE SHARK SYSTEMS reached a 334% Gain today, and I'm looking forward to performing better in the new upcoming year 2021.

I wish you all a merry christmas.

Can you share the system?

Hi Aleksey,

Yes, absolutely I'm going to share with you some aspects and rules that my system strictly follows before placing any trade as my system is hybrid and a mix of 2 strategies one of my strategies takes any trade according to the following rules :

first of all ADX INDICATOR ALONG WITH STOCHASTIC OCCILATOR both indicators are used on the chart and the trade is taken according to the following rules

I go long when the following rules are met :

1- looking at the price of the pair on the H4 chart and make sure that the price is above the 13 days simple moving average, then checking the ADX indicator, first it must be above the 25 level and the ADX INDICATOR and the price go at the same direction of PRICE MUST follow THE ADX, in this case, I will identify the market as it is in an uptrend After making sure of the main trend is up, I will go to chart M5 for entry and if my analysis identified the market is trending up I will go long when I see the stochastic in the m5 chart goes oversold and turns around up again.


I go short when the following rules are met :


First, I go to the h4 chart and check the price of it's below the 13 days simple moving average and the adx above 25 level i will identify the market as it's in a downtrend and then I go to the m5 chart and shorting after the stochastic hit the overbought level in the stochastic oscillator.

Mentioned above are the backbone of my system and I'm glad to share it with you.

I will illustrate this further for you in the next posts so you get familiar with e way my system trades.


Thanks

Thank you, what time do you need to do the price analysis?
What is the best time to open an order?
Can this analysis be done throughout the day?

Hello again,

My system to work properly needs volatility as the ADX indicator itself is a lagging indicator and needs high volume times in order to generate a reliable and accurate signal. Therefore the system works the best at the time when liquidity is the highest that will be in the second hour of the London session.

The volume is getting intense and peaks when the US stock market opens. Try to avoid to trade my system after the close of the London session as liquidity dries up.

I will clarify in the next posts some important tips to avoid false ADX signal and how to analyze the ADX indicator correctly.

Wish you all a happy new year and achieve what you always wanted.

Thanks