Super Simple trading system

Forexbio Squeeze More Strategy

Setup:

1. Open any 4 Hr Candle Stick chart.

2. Setup Bill Williams Awesome Oscillator (AO) with Default values

3. Setup Bill Williams Accelerator Oscillator (AC) with Default values.

4. Setup Stochastic on top of AC with setting 5, 3, 4. See attached template file.

Aggressive Entry:

1. Strong Signal: When stochastic %K and %D crosses above or below 80 or 20 and both AC and AO turn red/green at the same time.

2. When Stochastic crosses above or below 80 or 20. Wait for AC to turn red/green, enter on open of the same bar.

Conservative Entry:

1. When Stochastic crosses above or below 80 or 20, wait for Stochastic to cross 0 line of AC.

Stand Aside:

1. When Stochastic crosses above or below 80 or 20 but AC doesn’t change color on the next candle

2. When Stochastic has been moving between 80 and 20.

Money Management:

1. Trade with 3 lots with Stop Loss 50 pips away

2. Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE)

3. Take Profit on 2nd Lot at 100 pips.

4. Let the 3rd Lot run until you see an opposite entry signal.

Exit:

1. Don’t exit if Stochastic crosses under 80 and 20. Wait for it to cross 0 line of AC and then exit. This is important if you want to catch big moves. For ex. 100 – 800 pips move

Rationale behind above setup:

1. 4 Hr chart helps in catching Big Moves 100-800 pips. A smaller time frame can be used however expect smaller moves. For Ex use 30 Min chart for 40-50 pips moves.

2. AO gives an idea of current trend. When AO and AC are same color then it represents strong trend. AO reacts slowly to trend then AC.

3. As mentioned AC indicates change in trend faster than AO and hence provides good entry and exit signals. AC actually is the only indicator that can help you getting close to catching Tops and Bottoms.

4. Stochastic gives information about Oversold and Overbought price. Very important in deciding Entry and Exit points.

Caveats:

1. You will not be able to catch every move.

2. You will not be able to pick top and bottom

3. Stochastic helps us to find big moves and helps us to identify sideway markets

4. When AC bars reach below 20 or above 80 and at that time Stochastic crosses than it is strong signal.

You can get the template and indicator