Simple Trading System

Hi,firesword:
Could you please take a look at this USD/CHF currency pair? Last week, two downward arrows appeared, and I had a short position. It didn't reach 50% before it surged and I had to stop loss on Friday. On Monday, there were also two downward arrows, and I again had a short position, which also surged before reaching 50%. Could you help me analyze whether my trading method is incorrect, or if I don't understand your system well enough?

saoco wrote: Wed Jun 10, 2026 11:31 am Hi,firesword:
Could you please take a look at this USD/CHF currency pair? Last week, two downward arrows appeared, and I had a short position. It didn't reach 50% before it surged and I had to stop loss on Friday. On Monday, there were also two downward arrows, and I again had a short position, which also surged before reaching 50%. Could you help me analyze whether my trading method is incorrect, or if I don't understand your system well enough?

Hello saoco.
Can you please describe you entries and your thinking behind the each trade you took.
Also, in your account history ,left click on each trade and drag it onto the chart then post the chart.
I'll be glad to go through them with you.

God bless.

Cagliostro wrote: Fri May 29, 2026 9:20 pm Here you go, MT5 version that should do the job.

A single indicator, with some extra features.

Thanks @Firesword, I love this one. It looks now like Trinity's cousin

PS: if someone is really interested in the stand-alone beast arrows let me know as I have made several versions of them.

Enjoy

+C+

Dear Mr. Cagliostro, could you please convert the ex5 file to ex4 so that MT4 users can use it?

Thank you very much.

khanhviet1804 wrote: Wed Jun 10, 2026 10:09 pm Dear Mr. Cagliostro, could you please convert the ex5 file to ex4 so that MT4 users can use it?

Thank you very much.

For MT4 please stick to Firesword's indicators and template. MT4 has limitations that would require a lot of work.

Cagliostro wrote: Wed Jun 10, 2026 11:46 pm For MT4 please stick to Firesword's indicators and template. MT4 has limitations that would require a lot of work.

Thank you very much, sir.

Hello friends.
I have a small request.
I have shared with you my time and knowledge and I enjoyed every bit of it.
If you find this system valuable and you make good profits using it,
would you please be so kind and share a small percentage of your good fortune
with those less fortunate.
You pick a charity of your choice and donate any amount that seems fair to you.
Thank you very much and God bless you all.

⚔

Hi Firesword,

Is this outlook correct ?
I'm trying to understand your system....

Note :
pls omit my RSI(3) graph it is for other purpose, just see the levels.

Gemini Man wrote: Mon Jun 22, 2026 10:11 am Hi Firesword,

Is this outlook correct ?
I'm trying to understand your system....

Note :
pls omit my RSI(3) graph it is for other purpose, just see the levels.

Hello Gemini Man.
As per my original system, you need to take the highest high and lowest low of the past 2 weeks.
Your chart is taking those levels from the past 3 weeks.
It is not necessarily wrong but it is not the way the system is designed.
If you go to my post #221 on page 23 of this thread you will find a PDF and all the indicators for the simplified version of the system.
Your chart for Gold should look something like the pic below.
I hope you'll find it useful.

God bless.

Thanks for your nice system Firesword.
I have a question..
In your pdf it says

"The Big Black Arrow is the slow ZigZag and the small black arrow is the faster ZigZag.
They update (“repaint”) as the price moves. Don't worry, we will work around that."

The workaround is the big blue/red arrows ?
greetings
Panos

panos59 wrote: Tue Jun 23, 2026 2:43 am Thanks for your nice system Firesword.
I have a question..
In your pdf it says

"The Big Black Arrow is the slow ZigZag and the small black arrow is the faster ZigZag.
They update (“repaint”) as the price moves. Don't worry, we will work around that."

The workaround is the big blue/red arrows ?
greetings
Panos

Hello Panos.
Yes, breakout arrows are there to confirm that the change of trend is highly likely.
However, if the price breaks the last swing point
the breakout arrow will update some time later.
The work around bit is the 50 and 00 entry price
point.
The arrows need to appear in the 12.5 or 87.5 zone.
Then we have to wait for the market to break through the closest round number and close
above/ below it.
We then wait for the market to come back to
that round price and enter in the direction of
the big arrows.
You can target 50 pips per trade or 50%, 62.5%
levels.
I hope this helps.

God bless.