Monday, January 22, 2007

Part 8 - The signals

I have 3 signals that I use for day trading all are mechanical in there set up

  1. Regular signal .. counter trend based
  2. Delayed signal.. counter trend based
  3. Inverse signal .. trend based

Each signal can be used to go long or short in the market

Each signal has a series of green lights, and each light has to be green for me to proceed to the next.Hence if green light 1 does not complete but light 2/3 and 4 do the signal is invalid.

Only signals with the appropriate light are system signals and will be traded.

Regular signal - 4 green lights .. Price, Indicator 1, Indicator 2 , Candle formation

Delayed signal - 5 green lights .. Price, Indicator 1, Indicator 2 , Candle formation, Open or Close of trigger candle,

Inverse signal - 4 green lights .. Price, Indicator 1, Indicator 3 , Candle formation

For my own security I cannot disclose what each indicator is, the settings of each indicator or how I use it.Neither can I disclose the time frame of the chart.

Below are examples of all 3 signals all on the FTSE Future

This is the regular signal and is counter trend based

This is the Inverse signal and is trend based

This is the Delayed signal and is counter trend based

3 Comments:

At 7:59 pm, Anonymous Anonymous said...

Here are some links that I believe will be interested

 
At 2:34 am, Anonymous Anonymous said...

Your website has a useful information for beginners like me.
»

 
At 10:39 am, Anonymous Anonymous said...

Very pretty site! Keep working. thnx!
»

 

Post a Comment

<< Home