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Stealth Forex Trading System


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Hi fx4_ever - what setup are u looking for? ie agreement of which indis. Also where do u take exit, and how much sl. Also, could you say what other indi u add.

 

Thanks

 

I do not have long standing experience with this system, but what i can tell by manual backtesting, it really looks good. But, I also see many false signals generated by the system. So, I prefer to enter after I have all indicator to be in agreement inclusing my own. So, what I am looking at is,

1) setup all Stealth indicators on 1 hr chart. - entry rules recommended by instruction

2) I scan 16-18 currencies since it's 1 hr chart, signal doesn't come often if you only look at 1 currency. - If I see multiple currencies signaling the entry, I choose what I think it is best. i.e. look at where the price is at the time and if it is at S/R level or how much it has already moved, etc..(what I am looking for is if there is any room left to move)

3) I add my favorite indicator: cc indicator and BBand indicator.Always make sure these are in agreement before entry.

4) Exit, this is the tricky part. Not set-n-stone. I tried to target Next S/R level (I use FDM S/R indicator for the most part. Works well). Also, SuperADX.

 

This is just my trading setup. It may not be the best setup, but works for me for now.

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