Tiger Trend Trading -Long Term Position Trading

friends..

I am interested in sharing a method..that has been inspired by
the millipede thread started by pipeasy
..i have also modified some of the indicators and templates used
in the flying buddha technique..again, explained very well by pipeasy.

I think this WILL be MASSIVELY profitable system in the long run(with occasional bouts of successive losses)...
but, so far in a very short period of time,
its exceeded my expectations!!

The key to this method is patience and sticking to the rules.

This is a MANUAL METHOD..
Currently testing an EA developed by Brigadier..its still in the testing & improvement phase

I am still demoing..so please do not put any real money..
which in no way..will i be responsible for your losses!!

Attached Image (click to enlarge)

ENTRY:
check the signal on the daily chart which is using the MA ribbon signals.
its a simple 3/20 ema cross signal.go to the 5 min chart.
1. enter on the cross of 9/20 ema cross with the MA ribbon signals.
2. enter only on the second consecutive signal which is somewhat of a
confirmation that the trend is established in the direction of the main daily trend
3. keep stacking positions.
4. establish SL as the peaks or valleys associated with the
eMA cross.

See also  Hooks and Ticks

TRADE MANAGEMENT and EXIT:
I enter with 2 units (micro/mini/standard..whatever)
1. exit first unit when the lows or highs of the daily candles
are violated depending if its uptrend or downtrend
2.exit the second unit when when there is a signal change in
the daily chart..i.e. 3/20 ema cross.

Attached Images (click to enlarge)

2 TEMPLATES..
one for daily chart for trend determination
second, for entries on 5 min chart

Attached Files

5min.tpl   50 KB | 903 downloads

daily.tpl   34 KB | 836 downloads

##BarCountDown.ex4   4 KB | 835 downloads

MA ribbon filled_Alerts1.ex4   7 KB | 846 downloads

MA ribbon filled_Alerts1.mq4   5 KB | 918 downloads

Spread(1).ex4   3 KB | 750 downloads