Hello Guys,

I have been playing this game for already quiet a while and as everyone else on this website I love to experiment with indicators.

Most of my trading is done on the 1Minute Timeframe and that rather successfully and I have come to a point where I would like to spend less time on Charts and more time with my family.

Hence I have started to play around with a systematic trading approach on the Daily timeframe.

I believe this community has many amazing Traders and Coders on here and I am confident that we can together create something awesome.

Of course I also have things to share and I would like to show you the potential foundation of our Communities SwingTrading Template.

Keep in mind anything can be changed and that I am just sharing a potential starting point.

Rules for Updated Version

1: Is your Baseline which shows us the current Trend Blue -> Bullish Trend; Red -> Bearish Trend

2: This is your first entry indicator Blue Candle -> Long signal; Red Candle -> Red signal

3: Is our confirmation indicator (confirming entry) Blue Arrow up -> long signal; Red Arrow down -> short signal

4: I cant count and skipped number 4

5: Volume indicator shows if there is enough Volume to trade, meaning is enough movement there to take a trade Bar above yellow MA = enough Volume -> Take Trade; Bar underneath yellow MA -> not enough Volume dont trade

6: filters out signals where the trend is already overextended, if Sell signal and Candle hits green zone -> dont take trade; if Buy signal and Candle hits red Zone -> dont take trade

7: Indicator is used for early exits, if your trade doesnt go your desired direction, when short trade -> exit when blue crosses up, when long trade -> exit when blue crosses down

Updated Version Template
Special thanks to the contributors: Kathy McGarry, jng640

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maybe some food for thought.

What to do when a signal appears and the trend seems to be very overextended? Maybe adding a oscillator for Overbought/OverSold?

Maybe add a 2nd Entry Indicator for confirmation?

Maybe add something for reversal setups when Price deviates "too much" from baseline? maybe add a faster baseline for reversal?

Could me divergence be used too?

potential confirmation Indicator?

maybe an additional Filter could be added to both BH and CCI indicator to reduce the clustering of Arrows? Maybe someone could code our Baseline as filter?

adding TrendChannel Indicator for now to get a nice better view of current Market flow

Please dont be afraid to add anything. This is not a journal, but a community project.

could this be our confirmation signal? looks good.

If anyone shows interest I will update the template with new settings and indicators

testing:

Only trade when all 3 Signals give a "go"

again sadly a lot of noise, would be good if it could be filtered out by a coder. Mrtool would need to do though, he only published the ex4 file

this looks like a very promising indicator to show divergences.

potentially a good way to take reversal signals too. As previously discussed.

For now this is how my Template is going to look like.

If anyone has an idea for a potential better baseline, I am all ears

Jurik Baseline seems interesting

PumbaPLS wrote: Wed Oct 06, 2021 10:31 pm Hello Guys,

I have been playing this game for already quiet a while and as everyone else on this website I love to experiment with indicators.

Most of my trading is done on the 1Minute Timeframe and that rather successfully and I have come to a point where I would like to spend less time on Charts and more time with my family.

Hence I have started to play around with a systematic trading approach on the Daily timeframe.

I believe this community has many amazing Traders and Coders on here and I am confident that we can together create something awesome.

Of course I also have things to share and I would like to show you the potential foundation of our Communities SwingTrading Template.

Keep in mind anything can be changed and that I am just sharing a potential starting point.

Hey Pumba

Will post my strategy later when I have some time

Kath