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My system has 2 patterns - 1 counter-trend and 1 pro-trend.
For counter-trend pattern: 1. The market is declining under the SMA (for long) or rising above the SMA (for short).
2. The market will break the previous boundary of Swing
3. Entry candle has the following properties:
a) Close of candle is into the direction of trade
b) Close of candle is above the previous boundary of Swing (short) or below (long)
i) In the case of DT / DB requires that the market trend character! 4. TEMA (Min) is near or above the TEMA (Vol). TEMA (Min) and TEMA (Vol) is above the EMA (TEMA).
5. Developments in the Real JT Stats is inclined in the direction of trade - the development of the candle should be gradually bullish / bearish (according to the direction of trade)
For pro-trend pattern: 1. The market is declining under the SMA (for short) or rising above the SMA (for long).
2. The market will break the previous boundary of Swing
3. Entry candle has the following properties:
a) Close of candle is into the direction of trade
b) Candle touches SMA 4. TEMA (Min) is near or above the TEMA (Vol). TEMA (Min) and TEMA (Vol) is above the EMA (TEMA)
5. Developments in the Real JT Stats is inclined in the direction of trade - the development of the candle should be gradually bullish / bearish (according to the direction of trade)
We are what we repeatedly do. Excellence then, is not an act, but a habit. Aristotle
@ReaM The liquidity seems like it has been low for a couple years now. Too low for scalping, that is. I know one person claims the algos drove off the scalpers. I think it is that traders stop using the Bund/Bobl as proxies for other Euro area debt.
Compared to the first quarter and the half of the second quarter, right now it is very thin. Sometimes there often are not even 100 lots offered at some prices. I have older videos of myself trading and there in average are probably twice as many contracts offered for each price.
I don't know how it has been a couple of years ago though. Sounds like it was better^^
Actually, I am working on my system. I have some improvements and ideas, which should make trading system easier to trade for me. Also I am testing system na US Treasuries Bonds.
I will inform you.
We are what we repeatedly do. Excellence then, is not an act, but a habit. Aristotle
hi,
i'm trying too, to build a trading system for the fgbm (5 years bond) the fgbl seems too choppy...
why are you trading fgbl? as i understand your system, it can be applied to other futures as well, which might be less choppy. someone above here, remarked on your tight stoploss, and i agree with that, how do you manage it? you send orders only at end of bar? or inside bars too?
thanks, goodluck
