Intro: Braydensgrail is a distinctive, method for trading on the Forex Market. It is not a method. It is the end result of many years of trial and error and research and common-sense investing egies (i.e., online trading, participating in forum discussions, looking into sign alert websites; and analyzing EA#8217;s. The idea is aimed at profiting from the pip moves that happen in pairs.
The System:
1) Open any Forex chart, put the #8220;Willi Percent Range#8221; indior just use the standard settings that you don#8217;t need to modify anything. Next click and drag the #8220;RSI#8221; over the Willi Percent Range Indior, with standard settings. Ok you#8217;re done.
2) Next double-click #8220;Accelerator Oscillator#8221; once you've got that on your chart drag and click the #8220;Stochastic Oscillator#8221; over it with standard settings.
Now, if the #8220;Willi Twist Range#8221; crosses under the #8220;RSI#8221; and also the #8220;Stochastic#8221; and Accelerator Oscillators#8221; cross under zero (0) at the same time, GO short! When the Willi Twist Range crosses across the #8220;RSI#8221; and the #8220;Stochastic and Accelerator Oscillators#8221; cross above zero at Precisely the Same time, GO long! As an added option, I set a 50, 100, and 200 MA on my charts to both use a filter and fashion management.
Time Frame: H4 and Daily.
Note: The red lines are were the indiors/indior crossed and trades were shot. If you notice the Willi/RSI occasionally crosses the Stochastic/AC crosses first (you can use this as a historical entrance if you would like to) these indiors are powerful enough to be used independently. I will sometimes enter the market early if I feel price action will cooperate, however I'm more confident about a trade when all of the indiors are reflecting one another.
Stop Loss: I utilize a mental stop loss of -73 pips (depending on the pair and market requirements I occasionally raise it to -100 or more). If I have a commerce open that's not yet in profit and I am going to bed or never going to be next to the computer for a couple days I will place a stop loss with my broker. When a trade strikes one pip profit I set a 15 or 25 point trailing stop on it (but if the market is acting volatile I will improve my trailing stop) and allow it to run until I'm stopped out, but you can use which ever size trailing stop you want or your broker offers.
Money Management: As a general guideline; I never risk greater than 1 percent of total equity on any trade. Since everybody has a different account size I suggest you use a cash management program that's best for your account.
2nd Note:Hello there people, I won#8217;t be posting any more signs on this thread (I never intended to make this thread a place to give signs ) I just though I'd post a few trades to let you all see how this method functions, and because I got a couple of e-mails asking me to post, bank statements, credit card numbers, trading statements, etc....,so I though I'd just post some trades instead, I hope that suffices. I'd like to move to other ways that we can enhance this system I might have missed. Read, learn, post, be joyful, and thanks for stopping by.