Indi by Kang Gun

My friend posted this indi on forex-tsd.com. You can follow his thread here : http://www.forex-tsd.com/manual-trading-systems/8134-kg-trapping-mode.html

kang_gun Senior Member Join Date: Mar 2007 Posts: 313

KG Trapping Mode Hi, i am just a newbie in this forex worlds and if you are a newbie too i know what you feel about this forex's game. I'll share two system that you can use to start your trading: ---------------------- 1. KG Trapping System ---------------------- OK. This is how you can use it: a. Download file KG_Trapping_Mode_V2.1a.mq4 and copy it to your expert\indicators directory in your metatrader. b. Run your metatrader, open pair that you like to trade. c. Check the last candle on your chart (Time Frame H1 is better), noted it. d. Click or run KG_Trapping_Mode_V2 indicator, set the Start_Time input. e. Now, you will have Buy Stop and Sell Stop entry point on your chart. f. Open both order, and when one of your Buy/Sell Stop hits just cancel the other OP. There are two ways that i used to set the Start_Time. First, i use Market Open time as the input of course I have to convert the time match with my broker (metatrader) time. Example, Tokyo Open is around 07:00 am at my place and my broker metatrader time is around 03:00 am, so I set the Start_Time input with value 3. The second way, i'm just trade when i open my metatrader, let's say when I open my metatrader the last candle time on H1 is 13:00, so I put value 13 as Start_Time input. Hope, this simple trapping system will make your trade easy. If you like it, please share it to the people that love forex. And i know this not a "Holly Grail" but you can do a backtest and calculate the P/L (Profit/Loss). So if you think it's profitable just use it if not profitable just deleted it or throw it to the sea. (Honestly, i never use this system again) ------------------------ 2. KG Sea Wave System ------------------------ This is a simple trading system that you can use to analyze price movement, and help you to make a decision when you have to Entry and Exit from the market. a. Download KG Sea Wave System V.1.rar b. extract the file, copy all ex4 files to your expert\indicators directory and copy tpl file to your templates directory. c. Run your Metatrader and click templates than chooce KG sea Wave System. d. Buummm... all have been set up on your chart. So, how we use it? First, just 'imagine' the price movement as a sea wave. Sea Wave ? Yes.. sea wave in the ocean that's what i mean. If you look closely how they move you will see that there are a lot of small wave move up and down inside the big wave. Big wave i mean a sea wave that we see when we are in the ocean or beach. Base on that i try to approach the price movement in the market as a sea wave. OK, 'Wave Major' is the biggest wave and 'Wave Minor/micro/trigger' are a series of small wave inside the biggest wave (Blue = Up Trend; Red = Down trend). Just remember to buy low and sell high, but the questions is how we know and when it's happened? No body knows. Now, if we do approach the price movement as a sea wave in the ocean. We can do Buy Low & Sell High, sell at the peak of wave and buy at the valley of wave. Yeah.. yeah.. but how? OK, look at the Major, Minor, Micro & Trigger wave. You can see there are two bar colors, blue & red. When the bar is change from red to blue, it's means the wave start to move up. Now, try to understand this "Small waves will move and follow the bigest wave direction, and the big wave direction is formed and starting by the small waves" ... so base on this we will use Sea Wave System for trading. (To be continued) ----------------- 09 August 2007 ----------------- # Upload KG Sea Wave System V1.1 # Add filter in Sea Wave ... just watch the first and second values on the left Wave Histogram. If the value >= 90 means the peak of sea wave will be reached and if the value <=10 means the valley of sea wave will be reached. So it will help us to predict when the peak or valley of the 'Sea Wave' will be performed. ----------------- 19 August 2007 ----------------- #Upload KG Sea Wave System V.1a Download here ==> KG Trapping Mode ----------------- 02 Sept 2007 ----------------- #Upload KG GGH Signal.. with alert Download here ==> KG Trapping Mode KG