Hi,
I am a 29 yrs old, Momentum/Trend trader from Singapore. I like to trade on longer time frame lik 4H and D1. I can't be in front of my home pc all the time and I use logmein(logmein<dot>com) to keep track. I use ODL Metatrader demo (it is GMT 0) for charting, I suggest you to try ODL as well. Download Here So, if there is any queries arise,at least we are on the same page. Download Sonic Striker EA 2.2 as it is the latest.
The results are proven to be profitable especially in AUD/USD,EUR/USD,EUR/JPY,USD/JPY,GBP/USD. All I need is to be disiplined and consistancy. For new trader, I suggest you test out on "demo" first.
http://i37.tinypic.com/m9u2h5.jpg
* Sonic Indicator will help you indicate the Buy/Sell Signal, the following rules of the signal are jus for your understanding only!!
Opening a position
BUY
AC is above 0 or AC(now) is > than AC(prev bar)
Stoch Main > Stoch Signal
Stoch (now) > Stoch (prev bar)
RSI >52
ADX(now) > 15 (Green) or ADX(now) > 25 (Red)
SELL
AC is below 0 or AC(now) is < than AC(prev bar)
Stoch Main < Stoch Signal
Stoch (now) < Stoch (prev bar)
RSI < 48
ADX(now) > 15 (Red) or ADX(now) > 25 (Green)
Exit: Oppsite Buy/Sell signal or as per Money Management.
* Sonic Slope is to guide the overall market direction at that moment, please assess the price action properly whenever sonic signal appears against that direction,before take the position.
*AC & Stoch indcate the general trend or the trend changes!
*RSI is used to indicate the strong trend direction, while ADX help me determine how strong the momentum/trend is!!
Money Management(Sonic Strker EA)
Open Trade with 4 Lots (or 0.4) with Stop Loss 80 pips away
Take Profit on 1st Lot at 30 pips. Stop Loss move to Break Even (BE).
Take Profit on 2nd Lot at 60 pips.
Take Profit on 3rd Lot at 90 pips.
Let the 4th Lot run until you see an opposite entry signal.
*I created EA to help you with the MM arrangement! I will go LIVE on non-MT4 broker and all the trade, TP and SL will manually inputed.
This gona be a start of my forex journey!!
I am always looking for a bad trade, loophole to define/correct the system.
Please feel free to share the suggestions here!!!
sonic
I am a 29 yrs old, Momentum/Trend trader from Singapore. I like to trade on longer time frame lik 4H and D1. I can't be in front of my home pc all the time and I use logmein(logmein<dot>com) to keep track. I use ODL Metatrader demo (it is GMT 0) for charting, I suggest you to try ODL as well. Download Here So, if there is any queries arise,at least we are on the same page. Download Sonic Striker EA 2.2 as it is the latest.
The results are proven to be profitable especially in AUD/USD,EUR/USD,EUR/JPY,USD/JPY,GBP/USD. All I need is to be disiplined and consistancy. For new trader, I suggest you test out on "demo" first.
http://i37.tinypic.com/m9u2h5.jpg
* Sonic Indicator will help you indicate the Buy/Sell Signal, the following rules of the signal are jus for your understanding only!!
Opening a position
BUY
AC is above 0 or AC(now) is > than AC(prev bar)
Stoch Main > Stoch Signal
Stoch (now) > Stoch (prev bar)
RSI >52
ADX(now) > 15 (Green) or ADX(now) > 25 (Red)
SELL
AC is below 0 or AC(now) is < than AC(prev bar)
Stoch Main < Stoch Signal
Stoch (now) < Stoch (prev bar)
RSI < 48
ADX(now) > 15 (Red) or ADX(now) > 25 (Green)
Exit: Oppsite Buy/Sell signal or as per Money Management.
* Sonic Slope is to guide the overall market direction at that moment, please assess the price action properly whenever sonic signal appears against that direction,before take the position.
*AC & Stoch indcate the general trend or the trend changes!
*RSI is used to indicate the strong trend direction, while ADX help me determine how strong the momentum/trend is!!
Money Management(Sonic Strker EA)
Open Trade with 4 Lots (or 0.4) with Stop Loss 80 pips away
Take Profit on 1st Lot at 30 pips. Stop Loss move to Break Even (BE).
Take Profit on 2nd Lot at 60 pips.
Take Profit on 3rd Lot at 90 pips.
Let the 4th Lot run until you see an opposite entry signal.
*I created EA to help you with the MM arrangement! I will go LIVE on non-MT4 broker and all the trade, TP and SL will manually inputed.
This gona be a start of my forex journey!!
I am always looking for a bad trade, loophole to define/correct the system.
Please feel free to share the suggestions here!!!
sonic
Attached File(s)
Sonic3.zip
17 KB
|
6,940 downloads
|
Uploaded May 10, 2008 11:42pm
SonicStriker_EA_v1.0.zip
11 KB
|
132,668 downloads
|
Uploaded May 13, 2008 9:04am
SonicStriker_EA_v2.0.zip
14 KB
|
2,956 downloads
|
Uploaded May 21, 2008 2:10am
SonicStriker_EA_v2.11.zip
49 KB
|
3,148 downloads
|
Uploaded Jun 19, 2008 1:02am
SonicStriker_EA_v2.2.zip
69 KB
|
7,594 downloads
|
Uploaded Jul 21, 2008 12:11am