GPS Trading System

[jasonckb]

NzdUSD short at early today 2:25, SL has been moved to be +4, tp 0.8118

Take profit earlier at 0.8129

[jasonckb]

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.

All GPS trade from 8 Nov using the new rule

[Stearno]

So how had the system done the last four months. Interesting ideas you did.

[jasonckb]

So how had the system done the last four months. Interesting ideas you did.

I have stopped the development of the GPS system as I am developing my 3M since December and also because I am not a coder and need to pay others to code my new EA, so I have to focus my resources