Secret Weapone Trading system

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 Secret Weapone Trading system

Two Strategies

An intraday trading strategy using the ema and ma crossover indicators. I use the QQE MTF5as a confirmation indicator only. This strategy can be used on any timeframe but I prefer the
1 hr timeframe. You are free to test other time frames if you so desire. You can use the 30 min and 15 min timeframe for better entry points.

When you get a signal from the MA crossover indicator and
the M15 MTF signal
turns to black , it is time to trade. Make sure that the 5SMA crosses up and over the 12 SMA for better entry points and the M15
MTF indicator either turns black or the
opposite color They will usually cross before the signal is generated. The signal is just a confirmation signal only.
You trade in the direction of the arrows. Do not trade if
the QQE has not
crossed. 85-90% of the time the QQE will cross before you get an up or down signal so that will eliminate the false breakouts. Your take profits will be your
1st Fib Support or Resistance Line or you can use the points are on your chart under daily pivots. You the trader will make that decision. When you are
trading this strategy make sure that trend is going in your direction. I prefer a strong trend which is over 75% but by that time your move may be already ready for a retrace. As long as your
other indicators still agree with one another it is still a safe trade.

 

Just move up your stop losses to minimize your losses or lock in profit if the
trade suddenly reverses. When the trend starts dipping to the 50-50 level and the QQE starts turning in opposite direction, I will close my trade regardless of the situation as this usually means a
ranging market is in store or the short term trend is reversing.

Now we will get into the daily pivot
strategy

Look at your chart. Observe the bold tomato colored line. This is your daily
pivot point. Details of what a daily pivot was outlined in the auction

To utilize this strategy look where the price action is compared to the daily
pivot. If the price action is significantly higher or lower than the daily pivot then there will be no trade at this time. You can utilize the other strategy at this time.

When the price starts getting near the daily
pivot then a possible trade setup is
near. We only enter the market if the price closes above or below the daily pivot and above or below the 200 sma on the 1hr chart only. For example, if candle closes above the daily pivot and price closes above the 200 sma, then you
would be in a buy position. If the candle closes below the daily pivot and candle closes below 200 sma, then you will sell. Make sure the QQE indicator is in agreement before
entering a trade as it may range for a few hours before the price starts going below or above the daily
pivot. Make sure the candle closes above or below
the 200 SMAbecause a
lot of times there will be a significant bounce off that level so be prepared to adjust your stop loss accordingly! Use of an additional momentum indicator is recommended. It is pre-loaded in
your metatrader platform Setting should be set to 10. You can also use the 15 minutechart but instead of using the 200SMA use the
100 SMA

There are 3 daily
pivots that we will speak of and the only
2 that is worth mentioning is the London daily and the US daily. This indicator automatically adjusts for these time zones. London daily pivots starts at 3amEST and US starts at 8amEST. Most of
the big price moves are in these time periods and therefore are the best times to place your trades.

I have also included an additional daily pivot indicator called the
Exit_-_1hr

This calculates the daily pivot point thruout the day. Add it to your charts and you
take the value of the top line, subtract the value of the bottom line and divide that value by 2 to get an up to the hour daily pivot

For example if top line of GBP reads 2.0400 and bottom line says 2.0250 you would
subtract:

2.0400

-2.0250

———-

0.0150/2 = .0075

2.0400

-0.0075

———–

2.0325 would be your daily pivot

15min Scalping Strategy

Indicators:

a). Simple Moving Average

Values:

5 Close and 100 close

c). Level stop Reverse

Values:

Use ATR mode True

Non-ATR stop pips 40

ATR Periods 28

ATR Multiplier 2.0

ATR Smoothing 0

D).QQE on 1min and 15 min time frames (3
indicators)

Values:

Smoothing Factor 60 (QQE 60)

Smoothing Factor 5 (QQE 5)

Smoothing Factor 1 (QQE 1)

E) MOM – Momentum

Value:

10 Close

F) Daily Pivot
points at
start times

Values:

Pivot
set 1 = Daily (1=daily, 2=weekly, 3=monthly)

G) Trading Hours

Values:

3AM EST to 3PM EST only

How to spot a trade opportunity:

Buy/Sell signals:

After you get the two signals (Arrow & QQE
60 cross signal) you enter after the QQE5 or QQE1
cross the 50 line.

Only take the short trade if the signal generates below
the Daily Pivot level.

Only take the Long trade if the signal generates above
the daily pivot level.

Exit:

If QQE5 cross to the opposite direction you must exit the
trade.

Re-enter:

You can re-enter a trade when QQE1 touch the 50 line and cross back towards the QQE60. When you get the proper entry set up, check for the 1hr momentum. If the 1hr momentum and 15
min Momentum on the new confirmation bar shows a very promising trend continuation (45 Degrees plus bent) you don’t have to wait until the 5
SMA touches to enter.

When the momentum shows a sharp bent on any given TF, it indicates
a retracement is due to 5sma of that particular TF. I’m always hesitant to introduce the Momentum indicator, since on a trending market if
the momentum changes to the opposite direction some traders blow their account by trying to catch the retracement. When ever you catch a retracement you are going against
the trend. You only
suppose to use it to find better entries to go with the trend

Stop Loss:

60 pips

SL is closet support or resistance around 60pips

Take profit:

100 pips

Applying Daily
Pivots & 100sma to minimize the fake calls.

Long-

15 QQE60 crossed above the Daily Pivot (15 Min Timeframe Only)

Price is above the 100 sma & LevelStop-Reverse

I also use 1hr QQE5 to identify the trend direction

Applying Daily Pivots & 100sma to minimize the fake calls.

Short-

15 QQE60 crossed down Below the Daily Pivot (15 Min Timeframe
Only)

Price is below the 100 sma & LevelStop-Reverse

Secret Weapone Trading system 
  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window

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