Double Screen Super Simple Supdem Momentum System

[Piper]

Hey everybody!
Here is a simple system for new traders. Simple and easy to follow rules included. (if you are not happy with it you will be refunded in 30 days, promise 8)) Pictured demonstration of the system of a short period in the next post(only 5 pics allowed to be attached)Been forward tested to a period of a month with fx tester, with very good results. In my opinion a new trader can utilize this system after a learning curve of a few days, 2 weeks tops.

Edit:
Some clowns started to jump around and bash this, suggesting alternative motives. The only reason this is went up and public, to give back some value to struggling ppl(and its not going to happen again, this is a great starting for a new trader to develop from, but i'm not here to hold your hand and give you fish, gave you a way to fish and become better from this point), what's exactly my teacher done for me. Take it, leave it, I don't care(it's not my usual edge). Trading is think or swim!!! And with this you got a freakin' Jetski... You just need to do some effort and learn how to drive it.. I'll go that far, that it will be more advantages for me if you will not utilize it,and i'll find you in the other side of all my trades.

Needed ingredients( attached):
1.MT4
2.SSTO
3.SD indi (here you can eliminate the d line in the options,since we're using it only to determine htf conditions in our favor,not crossovers)
4. Zlag Macd(remove signal line, it'll just distort you view)
Set up your charts as you see from the picture examples below.(not necessary to trade 15 to hourly, but i recommend that you keep ltf 15 minimum,and the htf in relation of 1 to 4, eg: hrly to 4hr)

1. To buy/sell we need htf to be overbought/oversold.
2. We are only buy/sell after price entering s/d zone present.
3. Divergence on the correct direction must be present(bull div/hidden bull div forbuy,bear hidden bear for sell).
4. S/L 10 pips below recent s/d (though its just a good and pretty sure number, in time ,if you choose to use this sys, you can refine the s/l statistically that works the best to get a better R:R )
5. exit on macd div to the opposing direction of the trade combined with htf ob/os
6. Profit taking, I recommend the following strategy:
1 20% out after 10 pips
2 another 20% after 20 pips with s/l adjustment to -6 pips, now the only way to loose is a worst case scenario of spike to the other direction, even if s/l hit you are in profit!
3 (optional), get out 10% for every 10 pips.

The trade selection process:

I would recommend that you watch/read all the below,since it's not a bad idea to understand the underlying foundation of what you are doing,and it will give you trust the tools you are using,and confidence in the system. And also to read the supply demand thread on the forums.
In a short summary this utilizes the following simple(and simple doesn't mean not damn effective),fundamentals of the market:
If the higher time frame market flow is over bought,once the low tf diverges from price at an s/d area price has a very high probability of turning.
By timing you'll notice that most of the setups will come in session beginnings/midsession of london and new york.
PS Don't expect it being a grail just an edge. But a damn good one!

Resources:

Stochastic explanation:
https://www.youtube.com/watch?v=7marHAWmtlI&index=17&list=PLu_M4_N3SBoK8zRFr9OIdowWf9F3_deoC
Macd explanation
https://www.youtube.com/watch?v=wYZeZy20xRg&index=18&list=PLu_M4_N3SBoK8zRFr9OIdowWf9F3_deoC

Babypips div school:
http://www.babypips.com/school/high-school/trading-divergences/divergence-trading.html

A good series of macd and macd div explanation.
http://www.youtube.com/watch?v=OR8vwFv-5iU&feature=relmfu
http://www.youtube.com/watch?feature=endscreen&NR=1&v=Hz4tuWGQqfo
http://www.youtube.com/watch?v=4ybk72R9_90&feature=relmfu


Two and a half hours of more quality material with no marketing/selling twists whatsoever,and a deeper touch and more detailed explanation about the s/d concept.

http://www.fxstreet.com/webinars/sessions/supply--demand-and-odds-enhancers---part-1-foundation-20120604/
http://www.fxstreet.com/webinars/sessions/supply--demand-and-odds-enhancers---part-2-foundation-20120705/
http://www.fxstreet.com/webinars/sessions/supply--demand-and-odds-enhancers---part-3-application-20120810/
https://www.youtube.com/playlist?list=PLxYo5fP9bnnabvQ7Td9oGA1itryY2mVoL

A good book about the topic and further utilization of the s/d concept

http://www.4shared.com/office/-NSnSDXqba/Price_is_Everything.html

There are some pretty useful resources available for getting the most from supply and demand.

This forexfactory thread has a good intro:
http://www.forexfactory.com/showthread.php?t=428204
Including this cool graphic:
http://www.forexfactory.com/attachment.php?attachmentid=1447280&d=1402652572
The thread starter moved on to his own site which is paid, but also offers plenty for free:
http://www.set-and-forget.com/supply_demand_beginners
Have a browse and watch a video or two to make your own mind up concerning its value.

There are also 3 posts of briefer, quite simple and sound info here:
http://instaforexpips.com/simplicity-supply-demand-trading-strategy/ [links to next 2 articles at bottom]

Credits(and thanks):

Fred for supplying the book,
Sam Seiden for SupDem concept,
George Lane Stochastic inventor,
Gerald Appel for the macd,
Alex Katsaros for the intoduction of macd and stoch,
Marko for the div explanations and macd,
Ausdoc for the valuable resources,
Alpha for supplying clues of how to look on price,
And last but most my mentor, Shop a true master of price and the markets, the greatest trader who i was lucky to meet,who tirelessly and patiently(i was really good at being a dumbass from time to time) pointed me towards how the markets work,and raised me to be the trader i am today.

Cheers:
-P

 

[Piper]

Pictures.
And as usual,
if you will make a crapload of money, beer and expensive gifts are welcomed. 8) 8)

-P

 

[sqa]

If anyone else has a problem clicking on the pictures, reload the page and it should go away. It was giving a "cannot access" error. Hope it was just a page-load bug and not the server having issues.

 

[Piper]

Yea, replaced em, forgot to delete the account nr.. ???

 

[foreigner]

Hey everybody!

(Appeal to good nature) Logical Fallacy

Two and a half hours of more quality material with no marketing/selling twists whatsoever,and a deeper touch and more detailed explanation about the s/d concept.

(What like the free drivel on the subscription site links below?) Contradictory

http://www.fxstreet.com/webinars/sessions/supply--demand-and-odds-enhancers---part-1-foundation-20120604/
http://www.fxstreet.com/webinars/sessions/supply--demand-and-odds-enhancers---part-2-foundation-20120705/
http://www.fxstreet.com/webinars/sessions/supply--demand-and-odds-enhancers---part-3-application-20120810/
https://www.youtube.com/playlist?list=PLxYo5fP9bnnabvQ7Td9oGA1itryY2mVoL

And last but most my mentor, Shop a true master of price and the markets, the greatest trader who i was lucky to meet,who tirelessly and patiently(i was really good at being a dumbass from time to time) pointed me towards how the markets work,and raised me to be the trader i am today.

(A true master that uses lagging indicators? mmm..) Just outsight BS

Cheers:
-P

 

[Piper]

You Tested it? No. You got a clue? No. You're full of sh*t? Yea! In his finger nail he got more knowledge then you're whole little ICT clown-show together!
haha dude, i can do your weekly obj of 75 pips in any pair
in any session( ok not asia ) l eat two legged clowns like you for breakfast. yum yum and generally u can f*ck off. Not interested a tad bit of ur stupid babbling!

-P

 

[Piper]

But you know, have to ask you.. You are keep yapping shit cause i mashed up a more delivering better system in like 10 min than ur idols trading plan , that ur complicating the shit out for years without success? Must be frustrating.. And if you weren't a complete idiot, you would might understand why your cult leader is telling you not to pick tops and bottoms in hes flash videos (he should be in vegas baby), wait till price bounces( i bet that i'm better even at utilizing the ICT stuff) cause it shows that price exhausted to the current run. Now when the the fractal formed, and its confirmed with divergence, and ab s/d level(or a so called ict bullshit block, he came up with that up in the sniper series only, factually less then a year ago,yea i'm following ict too, pls show me a vid before where he even mentions it )what means that where you entering while you are shaking praying and being faked out(consistently i bet) i'm entering on the other side of your trades happily, peacefully, with the knowledge of that i'll take your money (but i bet that u r still trading demo champ) And that one out of a hundred i will fail. Bummer. If you would have a base understanding: you confirming price with the indi d*mbass, not the other way around. A freebie lesson for you f@r@$$igner ;D and you are bashing me (the system far less precise and accurate then my edge) and a system that can place anybody easily in the top 2%.

Conclusion:
Jealous? Probably. U typing shit with no base? Factually.

Have a great day and chill! But come back and trade on monday pls! Need some clowns to take the other side of my trades! 8)

-P

 

[Piper]

Ahhhhhhhhhh, no answer? Nothing to say... Sucks... > > > >

...
And if you want a pissing contest i'm ready anytime,anywhere,any asset for a period of week,if you promise to stfu after you'll loose, via myfx monitored demo/real account,let the results speak
I'll even let you win if you promise that :thumbsup:
...

BTW, i'm still up to that!

-P

 

[AusDoc]

You know Piper, people used to crank out "systems" (really approaches or methods) like this and charge about $3,000 for them. Adding a few trade examples with nice charts and a spreadsheet, or at least a table, of successful trade results achieved by following the system meant they would sell like hot cakes.

Actually, I may be doing you a disservice because many of those didn't even work or have a hope of being profitable without pretty rare price action that was a near repetition of past price action. They were mostly curve fitted to blazes.

Your method would work and could be quite profitable if people could be patient and disciplined enough to wait for the right conditions/signals and then brave enough to pull the trigger. Most wouldn't get this part right and then they would be taking you up on your money back offer! ;D

One thing to clear up though is the MACD stuff. First, that guy in the bottom two videos doesn't always get it right. He blends some things that are correct with some that aren't. (And he annoys the daylights out of me by perpetuating the myth that moving averages lag!)

Also, he shows and describes a different type of MACD indicator than the one you are recommending. I don't mean that his is standard and yours is Zero Lag. I mean that he is talking about a way of displaying the MACD that makes a histogram of the MACD line-signal line convergence and divergence. As he says, it is an indicator of the indicator.

The histogram in the Zero Lag MACD is the actual MACD histogram (i.e. the zero line-the MACD line which is the equivalent on a chart of the slow moving average minus the fast moving average). That is why the MACD line (or histogram edge if the line is missing) always crosses the zero line exactly when the two moving averages would cross on the chart.

I look forward to seeing some results.

 

[Piper]

You know Piper, people used to crank out "systems" (really approaches or methods) like this and charge about $3,000 for them. Adding a few trade examples with nice charts and a spreadsheet, or at least a table, of successful trade results achieved by following the system meant they would sell like hot cakes...

Yea Doc.. But i'm milking out enough from the markets Don't need anything from anybody. Ever.

The histogram in the Zero Lag MACD is the actual MACD histogram (i.e. the zero line-the MACD line which is the equivalent on a chart of the slow moving average minus the fast moving average). That is why the MACD line (or histogram edge if the line is missing) always crosses the zero line exactly when the two moving averages would cross on the chart.

Totally true, but if anybody will look at the chart examples i removed the macd signal line,and crossover totally, to simplify things, so we only left with the histogram... They aren't part of the system, since not needed...

..
Actually, I may be doing you a disservice because many of those didn't even work or have a hope of being profitable without pretty rare price action that was a near repetition of past price action. They were mostly curve fitted to blazes.
..

This is not it's too fundamental.. And it'll work in ranging markets, and also trending ones.. 8)

 

[the golden gun]

This is a great system!

It's great that it completely hinges on being able to recognize HTF overbought/oversold conditions, as well as mark out relevant support and resistance levels.

So basically, all I have to do is learn how to trade, and then I will be able to make money?

Really glad you were here to invent that concept! ;D

 

[Piper]

Well, if you can't recognize when stoch is at 20/80 levels, and you can't apply the indis to your chart, then i would recommend that you deliver yourself to the nearest institution where they take care of disabled ppl.

 

[the golden gun]

Well, if you can't recognize when stoch is at 20/80 levels, and you can't apply the indis to your chart, then i would recommend that you deliver yourself to an institution where they take care of disabled ppl.

You're right, it's so simple that even an idiot could do it. And does.

 

[Piper]

You're right, it's so simple that even an idiot could do it. And does.

Started to utilize it already? With the markets closed? Dude, you should wait until monday! 8)

 

[the golden gun]

Started to utilize it already? With the markets closed? Dude, you should wait until monday! 8)

I think this is way too advanced for me to be honest. I'll stick to the simpler stuff, as seen in my Cable&Fiber intraday setups thread.

 

[Piper]

[quote author=Shopster]
Simple works in forex and all other tradable markets, because they are all very simple.

All Markets will continue to go up, down and sideways until further notice.

Most traders complicate things incredibly, so they are not compatible with simple markets and will continue to fail.

All trading systems or methods are just some structure used to aggregate results, so use the simplest methods because those are the ones the markets can "understand" the best.

Everybody gets a chance to vote in the market and most tend to be wrong long enough for tactical traders to extricate consistent profits.

The market will continue to serve up trades with white gloves on a silver platter.
Your job is to take each and every one of these trades that are high accuracy and high % winners.

All trading is discretionary. No one forces anyone to trade any particular style, quantity, system or timeframe. So any method you chose to trade is by your own discretion.


[/quote]

And these words worth gold.

-P

 

[the golden gun]

And these words worth gold.

-P

You know what?

you're alright. :thumbsup:

 

[Piper]

You know Piper, people used to crank out "systems" (really approaches or methods) like this and charge about $3,000 for them. Adding a few trade examples with nice charts and a spreadsheet, or at least a table, of successful trade results achieved by following the system meant they would sell like hot cakes....

I look forward to seeing some results.

I took your marketing advice of flow charts! Now this is a problem.. i'm starting to think about pulling this of and start selling it for 5k (greedy bastard i am.. ) Below you see The DSS high accuracy system's trading process,and compare it vs two benchmarks of trade selection:
1st is a selector of some never heard lamer gone(RIP) by the name of Jesse Livermore. Must be an indian village's retarded clowning around,Great bear.. wtf....???
2nd Some "other" system that people are trying to utilize around here (tnx for the magic flowchart Sqa!)

DSS:

The Jesse Fella's System:

"other" System (credit goes to Sqa and ICT)

Spot 5 differences ;D ;D ;D ;D

Cheers,
-P

EDIT:

Just noticed, this is not a fair comparison,this is about trade selection process,not about position management! Half of Jesse's chart should be removed, since after position entry, its about position management(told ya hes a clown), unfair comparison by all by all means! Corrected my bias, correct chart presented (my mistake).

-P

 

[AusDoc]

Yes, must say I like your flow chart/decison matrix. (Always good for marketing if you can get away with tautology say the same thing as many times as you can get away with!)

Seriously though, it is logical, clear, simple, and... only half done! Oh no, that will never do Piper. You need to show the next phase of the operation. That's the part everyone will be looking for before reaching for their plastic. Show them the money! Manage this entry to profit.

I know you can do it.

 

[Piper]

Just now a friend from the rums noticed me about the tweetstorm that ICT is laying upon me today.. So its taking a bit to answer it It's a bit of a distraction.. Really Mike,nothing better to do....?
This is going to be interesting..