Magic isn't it.
Re: Simple Trading System
61As you get older 3 things happen. The first is your memory goes, and I can't remember the other two.
Magic isn't it.
You know what "they" say?!
For those using mt5. Im using the following indicators. I modified the Fib indicator for your strategy firesword: Easier to flip through the charts. It also tracks new highs/lows, when a break happens. You can flip the sides and modify the settings for your needs.firesword wrote: Tue Sep 02, 2025 6:35 pm Another thing I didn't mention ;
When the market moves past the zones you have drawn over the weekend, either up or down,
feel free to adjust the zone lines to current prices as then you have new zones formed.
WN25 wrote: Tue Sep 02, 2025 7:23 pm Screenshot 2025-09-02 052220.png
MT5
I was browsing around for CCI’s on here but I don’t even know what it is so I just looked until I found one that resembled the 1800 Period you have set
Is there a way to determine I’m using the correct period for other pairs?
I mainly trade
XAUUSD
US30
NASUSD
Thinking about adding a few more pairs once I have more time, I prefer set ups I don’t have to think about. Referencing Cagliostro‘s test of his Alkemix I may try GBPNZD and GBPJPY
As for why I picked some of these other indicators? I’m addicted to candles changing color when things align now, so I took Kvak’s CCI candle for starters, all the rest were found by typing things I felt would match in MT5 threads
Just used what I could find, I’ll check later when I get home if there is a normal CCI so I can also do this, I want to draw trendlines on it for confirmation as you demonstratedfiresword wrote: Tue Sep 02, 2025 7:52 pm To be honest, you can trade this system without CCI ( Commodity Channel Index) .
When the market gets into the zone and reverses, you can draw a trendline and enter on the break and set SL above or below the zone.
CCI is just for easier confirmation of entry. I like my charts clean so I draw lines on CCI,
but in all honesty, CCI is not that important.
If you have an indi that confirms reversals, feel free to use it.
God bless.