Sharing: Impulse Trade system for newbies

Discussion in 'Forex' started by Loftrader, Nov 5, 2015.

  1. After using the Zonal Trading system for a while, I decided to learn another system which I am sharing now. The number of trading strategies that one could learn is limitless.

    We would need two indicators for trading on the impulse systems, the moving average and MACD.

    [​IMG]

    On the chart above, there are four indicators. Two of them (The yellow and red line) are the main focus. The middle indicators (AC and AO) are there to serve a purpose and to help you understand something, which I will explain as well.

    How to read the signal
    The moving average helps to identify the face of the trend, when the moving average is below the chart and it is rising, it is a bullish trend. If the moving average is above the chart and it is falling, it is a bearish trend.

    The MACD indicator is used to estimate the speed of changes. If the MACD histogram is above the signal line, it indicates a good speed of growth. Accordingly if the macd is below the signal line, it indicates a good falling speed.

    If the signal of the moving average and the MACD coincides with each other, we open the deal. The deal is closed when one of the signals stop giving a buy/sell signal. Any noise that does not necessarily mean a change in the trend can knock you out of the market.

    To understand this better, including how to apply the following indicators you may use the Video or pictorial direction below:
    How to apply and understand the Impulse Trade of Alexander Helder

    This this strategy won’t allow you take more than 15 to 25 percent of the trend. It is important to open a deal only after identifying the trend on a larger time frame. So, as you can see from below the chart, I opened a trade just to grab a few pips, which I did using the Profiforex Platform. Since you can only grab a few pips from this trade it is advisable to use a broker with fast execution and low spread.


    The two indicators in the Middle are Awesome Oscillator and Acceleration Oscillator. At the moment I wrote this, it produced a Buy signal (two green bar each), but the MVG and MACD produced a Sell signal. However, the MVG and MACD combined together is a stronger force than the AO and AC. So I will prefer to follow the signal by the former. This is because if you switch the time frame to a 4hour time frame, the AO and AC give the Sell signal, while the MVG and MACD remains the same. So Moving Average and the MACD are more reliable.

    Never use this system if you tend to show a lack of self-discipline.
     
  2. Looks like another stealth vendor has invaded elite.
     
  3. Thank you my friend. I am glad you noticed. Your comment is highly appreciated.
     
  4. The zonal trading oscillators signals a bullish trend. Also the Impulse trading indicators signals a Bullish trend for the EURGBP. However, the price movement does not agree much. This is a strong buy signal. I will enter trade on a demo account just to learn something here.
     
  5. gkishot

    gkishot

    What makes you think it works?
     
  6. Because I have made reasonable profit using these systems. What makes you think it does not work.
     
  7. U have made profit on demo accaunt ? :)
     
  8. doggyfx

    doggyfx

    what about connecting your real account to myfxbook and just drop the link to your account performance? It's hard to say something certain about your system profitability as one trades proves nothing but it can be done randomly. Keep that in mind.
     
  9. And the words you don't believe? Only what you see?
    Itoo :D
     
  10. PipLord

    PipLord

    Thanks for this system. The fact that the strategy takes just 15 to 25 percent of the trend is what interests me the most. And then when I tried it, the addition of the MACD histogram helped me a lot as it gave me an idea of the speed of changes especially as I could tell that speed of growth was going well when the MACD went above the signal line.
     
    #10     Dec 21, 2015