jasonckb wrote: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.
