trading strategy based on the Trading System Pluto / Pluto
way trade system Pluto to many may seem to some "childish". But if you plug a bit of imagination and fantasy, this trading system will pleasantly surprise and entertain !!!
So, Why Pluto?
Intraday Forex trading is like life on the planet Pluto.
Why tell you? Because Pluto - the smallest in our solar system, so day and night on it very quickly replaced by each other.
Let us imagine that the planet is entirely built up with huge skyscrapers (some kind of giant Manhattan from its poles to the equator). Every day we are seeing wildness of life on this planet. We nablidaem how people make trips between the huge skyscrapers from the equator to the poles and in the opposite direction.
Consider the graph:
The graph MT4 price serogoy color, because price in the system as such for us is not so important. Much more important than price - registration of our planet.
On the chart, you can differentiate amongst the blue and blue lines. These same lines can be either lateral or vertical. They nazyvayutsya - Skyscrapers.
Higher prices on the chart you can see the point. These points - rising or setting sun. In further explanation of this strategy we will use the terms "morning sun" (on the schedule orange) and "Evening Sun" (on the chart - in red). We can see many of these "sunrise" and "sunset", which is why it was chosen as the planet Pluto (as day and night, much to quickly follow each other out).
brightness of the sun and its glow:
Between the two suns and the skyscrapers you'll see a yellow and a red line - this is the signal lines. It's brightness (intensity) of sunlight. The yellow light gives us the morning sun, and red light gives us the evening sun.
When the price podnimaetsya up, there is a rising sun (orange dot). Morning, the rising sun gives us a bright yellow sun (the line between our sun and our skyscrapers), shining, over the skyscraper. This light colors this skyscraper in blue.
When prices start to go down, and the sun is purple (in our case - red dot). The evening sun gives us a red light, there is a red line between the sun and our new skyscraper. Red sunlight with our colors to blue skyscraper.
Always show up when we can see the distorted colors the morning or evening sun (such as red and blue skyline skyscraper, and the like).
Rising prices mean up the morning sun - orange dots, bright horizon - the yellow line and the skyscraper, shining on our sun (shining in blue).
Falling prices mean evening sun down - red spots, dark horizon - the red line and blue skyscraper.
Tropical and Polar circles:
The same graph we can see horizontal lines. This is - tropical or polar circles. Pivotline - it's equator, L3 - is the southern tropic, L4 - is the southern polar circle, H3 - a northern tropic and Finally, H4 - a northern polar circle.
VERY IMPORTANT: on the planet Pluto, the farther we go to the South Pole, the less there is sunlight. The farther we go north, the more there is sunlight. When the day begins on Pluto, on the equator-pivotline, life begins to boil. And depending on what is now, the sun or shade, we will see the previous day, we travel north or south. This is because our people do not have enough sun in the previous day and so they want more heat, or vice versa. When they get tired from the heat in the past few days, they try not to go out there the shadows.
Under the skyscrapers are a kind of underground branches - 4 lower window (indicators). The first window shows us the inhabitants of Pluto - green or red vertical lines. How much people there so much green lines and they will be longer. If there are no people on the planet in general - there are red lines. 3 lower windows - this is the underground (you will see three windows with red and yellow lines) that can help us very life on the planet Pluto ....
All the inhabitants of the planet Pluto only travel on the subway. How much more people getting into our underground in one direction, the faster we can get to your destination. Therefore, if we are going to see little people (small vertical line), and three branches of our subway going in different directions (in one window will be above the crimson color of yellow, while the other will be above the yellow raspberry), which means that people can not Pluto decide where to go to them. In this situation, and we do not need to leave the house (a bargain).
main question - How do I trade all this???
How can trade under the laws of life of the planet Pluto?
Since We want to trade only when all indicators point to a true direction we chose. From our equator to the poles and more. Or from our poles to the equator and back, possibly to the opposite pole to him. To do this on our polar and tropical circles Pluto located station. Tropical community (L3 and H3) - this is the first station, a place where we can find out what happens!
Entering the market:
We have a 2 is possible:
1st) At the first station (L3 or H3) we have to see what happens. Will our subway to go back or go further, to the 2nd destination station (L4 or H4 )?!?< br />
Risk-averse traders forex at the moment of being on the first station may open a position if they see that rose the morning or evening sun, and our skyscraper has changed its color. This shows us that we are most likely turn around and go back to the equator, and maybe even go to the opposite station. Confirmation of these signals could be followed a little later.
Those who are much more cautious in trading on the forex market (like me), it is worth to wait a little while you will not wait the morning or evening sun and the sun the color associated with this horizon, as well as corresponding with the skyscraper sun colors and the necessary number of people at the station , sitting down on the subway in the required direction. The less you see the signals and at the same time it will take the note to verify their trading positions, the worse, maybe she will feel.
2nd) If our metro stops at the first station and preparing to move further. If you see that the subway crosses our line of tropical L3 or H3 (and goes further towards the Arctic Circle L4 or H4), and all our indicators show us movement in one direction, then wait until you see how the two indicators have replaced the direction. And then open the stand and put a stop band at the station level L3 or H3 (in our case through the tropics).
It is very important: At the second station, ie Polar circles (L4 or H4), are exactly the same rules as at first.
Out of position:
When do we get out of trading positions open on first station?
This should be done if unfold 2 out of 3 metro lines. Or, if you unfold the 1st subway line and change the color horizon. So we should wait until you see a reversal, at least 2 important for a trader signals. If you see only a little sun and a light The deployed, it is not enough. If you're going from L3 to H3 or H4 to H3 from and not see slow down, you should stay in your position. It happens not very often, but sometimes. These days you can easily get from 150-200 points in a single trading position.
NEVER SHOULD REMAIN IN POSITION , if changed at the color the skyscraper and skyline.
I would recommend to trade only from 10:00 to 21:00 GMT.
Be very careful if you decide to take a position in a magnetic storm.
time scale and currency pairs:
My nastryki calculated on the price of 5-minute chart of the currency pair GBP / USD. In the template was included indicators for monitoring vital functions to Pluto. Indicator values ??are set exactly to 5 minutes and the pair GBP / USD. You do not need to apply it to other currency pairs, and especially to other time intervals. If you have an interest, then a little later I'll share the values ??for the remaining intervals.
Anyone for whom all this may seem a bit complicated, I give circuit inputs and outputs from the position .
To be sure of trading signals, you must wait until the final candle is closed.
So Sign up (purchase):
The graph should be:
1) One or two orange dots (the sun)
2) Yellow signal line
3) The blue vertical line is replaced by a blue vertical line
on indicators should be:
4) stepMA_stoch - yellow line above the crimson
5) stepRSI - yellow line above the crimson
6) stepSto - yellow line above the crimson
down (for sale):
On grafikedolzhno be:
1) One or two red spots (sun)
2) Red Signal Line
3) The blue vertical line is replaced by a blue vertical line
on indicators should be:
4) stepMA_stoch - crimson line above the yellow
5) stepRSI - crimson line above the yellow
6) stepSto - magenta yellow line above
What is far more signals at the entrance to the trading position of the points in one direction, the more likely price movement in a given direction to us.
output of a long (buy) and short (sell) positions:
If at least two lights (not counting the dot) unfold in the opposite direction to the open position.
1) should NEVER hold a long position if the blue vertical lines and signal lines red
2) should NEVER keep a short position if the blue vertical lines and signal lines yellow
When you do not see a clear set of trading signals - not trade !!!