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| GPS Trading System https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=890 |
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| Author: | jasonckb [ Fri Nov 09, 2012 5:35 pm ] |
| Post subject: | Re: GPS Trading System |
I have changed my entry rule of the GPS system after testing it for sometimes. 1) Long Bias : +3 to +7 and D1 MACD slope increasing ; Short Bias: -3 to -7 and D1 MACD slope decreasing 2) -2 to +2 no trade zone 3) +8 to + 10 and -8 to -10 finding reversal signals (ignore D1 MACD) 4) Long signal: H1 MACD >0 and Price close above 8 periods EMA PAC 5) Short signal: H1 MACD <0 and Price close below 8 periods EMA PAC 6) Exit anywhere you like or opposite signal issued; for autotrader I suggest 80% of remaining average daily range (20 days) (For example, daily range 100, current 50, then exit is 40 pips) I will post my trade in the coming weeks, my trading hour mainly late London session till mid NY session. Or you can go to myfxbook seeing the Basket Trade portfolio and those with GPS or blank comment will be executed thro' GPS trading method. |
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| Author: | jasonckb [ Mon Nov 12, 2012 12:17 am ] |
| Post subject: | Re: GPS Trading System |
with a rating of -7 short GBPCAD. TP 1.5852, SL 1.594. |
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| Author: | jasonckb [ Mon Nov 12, 2012 8:21 am ] |
| Post subject: | Re: GPS Trading System |
SL moved to be + 3 =1.589, tp moved to 1.582, 85% daily range |
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| Author: | jasonckb [ Mon Nov 12, 2012 10:12 am ] |
| Post subject: | Re: GPS Trading System |
Day low1.5864, stop out at +3 pips |
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| Author: | jasonckb [ Mon Nov 12, 2012 10:15 am ] |
| Post subject: | Re: GPS Trading System |
Day low1.5864, stop out at +3 pips |
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| Author: | jasonckb [ Mon Nov 12, 2012 10:40 am ] |
| Post subject: | Re: GPS Trading System |
Although this earn not much but actually it can earn more as there was an earlier signal at many hours ago like 9 Nov 10:00. That means if we can have an autotrader, it can catch a bigger move. |
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| Author: | DING [ Mon Nov 12, 2012 2:29 pm ] |
| Post subject: | Re: GPS Trading System |
Jason, thanks you share your GPS Trading System and give us the FF Genesis Matrix information, could you share why you not direct trading using Genesis Matrix strategy, did you found the Genesis Matrix have what drawback that you need to tweaking? |
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| Author: | jasonckb [ Mon Nov 12, 2012 2:41 pm ] |
| Post subject: | Re: GPS Trading System |
GM is good in deed. An it can be used as a good signal generator. I use PAC + MACD is that I found the combination always gives out an earlier signal and more reliable (this is my own feeling, no solid proof at all). In addition, PAC can give me a feeling on price action. |
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| Author: | jasonckb [ Wed Nov 14, 2012 11:17 am ] |
| Post subject: | Re: GPS Trading System |
GBPCAD short rating -6, target 1.582, SL 1.594 |
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| Author: | jasonckb [ Wed Nov 14, 2012 12:05 pm ] |
| Post subject: | Re: GPS Trading System |
NzdUSD short at early today 2:25, SL has been moved to be +4, tp 0.8118 |
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