Grid Step System – ONLY TRADES AND SETUPS!

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10/16/2016 at 1:12 PM #14971 quote
cfta
Participant

Senior
The purpose of this thread is to detect and share trade opportunities and setups for my Grid Step System in major stock indices, FX pairs and oil, in order to do so efficiently I ask everyone to respect the following rules;

– Only two types of post are allowed.

– One of the types are trades for which you have stared the system and include a screenshot.

– The other type is setups in which you are looking to start the system shortly and it appears likely that the system will take the first entry within the next 12 hours and include a screenshot.

– Again always include a screenshot showing the trade or setup with the standard indicators we use.

– Do not post in this thread if you have not read the entire main thread and understand the system and the concept properly.

– All questions, comments and discussion about the system and trades or setups should be posted in the main thread found here:

http://www.prorealcode.com/topic/grid-orders-with-one-combined-stop-loss-and-limit-can-it-be-done/

The reason for the above rules it to keep it clean of other post than trade opportunities so that when subscribers receive an email with a post in this thread they know a fellow trader has detected an opportunity and they will want to consider checking their own charts and start the system.

A reminder about the method for everyone, we scan H4 and H1 for setups where the Coppock Curve and MACD has started to curve in the direction we are looking to trade and for the Heiken Ashi to change color, these three are our filters which give us a setup and when the CCI crosses zero in the matching direction we have a signal. The ADX is our reference indicator, if its value is above 20 (previously I had the value set to 23 but made and adjustment) and rising it is a stronger signal, if its value is below 20 and going sideways and declining it is a weak signal and we might want to think twice about starting the system.

Once we receive a signal or solid setup we start the system on M1. We can also run it on lower timeframes such as 10 second but then the indicator values in they code neeed to be multiplied by 6 to match the lower timeframe.

Remember for scanning the markets on H4 and H1 we use the indicators default values but on M1 we use higher values adjusted to match higher timerframes;
```
COI= WEIGHTEDAVERAGE[210](ROC[165] +ROC[150])
MAC= MACDline[180,390,135]
CCC= CCI [60]
AAA= ADX [14]
```
Take note that the system is still under development and indicators and their values in the code are likely to change so stay updated to the main thread.

I hope we will find plenty of profitable trades and setups together raking in plenty of pips!

Cosmic1, Brage, siaoman and 4 others thanked this post
10/17/2016 at 7:13 AM #14993 quote

cfta
Participant

Senior

Setup approaching on EURCAD in H4, I will look for minor retrace towards 1.4400. Beware it can be a very risky trade since ECB president Draghi is due to speak tonight.

Setup-EURCAD-20161017.png

10/17/2016 at 3:20 PM #15035 quote

Cosmic1
Participant

Senior

Thanks for the heads up. All a bit flat at the moment.

10/17/2016 at 3:27 PM #15036 quote

cfta
Participant

Senior

Cosmic & Brage read the rules in the first post again and let the headline remind you, we want email notifications for trades and setups not for comments. I appreciate a thanks but it is better to use the thanks link available at each post since it does not send a notification.

Cosmic1 thanked this post

10/18/2016 at 7:21 AM #15077 quote

cfta
Participant

Senior

Long trade signal on EURJPY, ADX is low so it’s a weak signal. Note that the trade on the screenshot is manual and adjustments need to be made when running the system on JPY pairs.

Nicolas thanked this post

EJ-20161018.png

10/19/2016 at 7:55 AM #15145 quote

Cosmic1
Participant

Senior

EUR/JPY Short, target 11300? cfta to confirm?

cfta thanked this post

EURJPY.png

10/21/2016 at 7:14 AM #15249 quote

cfta
Participant

Senior

Long setup for crude oil on H1, I entered manually alredy.

Cosmic1 thanked this post

Crude-20161021.png

10/25/2016 at 7:10 AM #15443 quote

cfta
Participant

Senior

Long setup forming on EURUSD, a weak one though since ADX is low. Also beware of German Business Climate release in less than 2 hours and Draghi is due to speak late this afternoon.

Elsborgtrading thanked this post

EURUSD-20161025.png

11/02/2016 at 8:11 AM #15850 quote

cfta
Participant

Senior

Long setup forming on DAX H1, likely retracement after yesterday’s heavy fall, I started the system so let’s hope for some good entries. Beware of lots of US data today and FOMC tonight at 19.00 CET.

DAX-20161102.png

11/14/2016 at 8:07 AM #16459 quote

cfta
Participant

Senior

Crude oil long setup forming on H1 just above major support level.

Cosmic1 thanked this post

Oil-20161114.png

11/17/2016 at 10:16 AM #16699 quote

cfta
Participant

Senior

Short setup forming on GBPJPY H4 & H1, stay sharp and wait for signal. Also beware of UK retail sales data in 15 min.

GBPJPY-20161117.png

01/26/2017 at 3:21 PM #22601 quote

Elsborgtrading
Participant

Veteran

Brent crude Oil looks like a setup. I been in since 5544

cfta thanked this post

Screenshot_153.jpg

01/26/2017 at 5:38 PM #22636 quote

Elsborgtrading
Participant

Veteran

Wait for retrace to 5617- this confirms the 4H resistance- now support and get in again

Nicolas thanked this post
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