American Day line

60# Trading System, Strategy American Day Line


Chart settings.
Currency pairs: AUDUSD, EURUSD, GBPUSD, USDJPY.
Time interval: H1.
Indicator: Moving Average. Period 5, Method MA - Linear Weighted, Apply to - Close.
Indicator: Trend Magic. CCPeriod – 50, ATR Period – 5.

BUY
1. Opening of US-session.
For example at Alpari and Forex4you we wait for the 14-hour bar to close.
(GMT+2 summertime)
2. At the closing of the 14-hour bar we draw a horizontal line at the spot where the MA-5
is located.
3. We wait another hour for the close of the 15-hour bar.
4. After closing the 15-hour bar we look at the two indicators.
5. To BUY, we need to match the two signals:
Moving Average should close above the line and Trend Magic should be blue.
6. If the two conditions coincide, we enter into the market.
7. Take Profit 60 Pips for the pair EURUSD.
8. Stop Loss of 70 Pips.
Exit
We leave when the bar closes below the Trend Magic !
Even if the open position is in profit, one should leave the market.
Stop Loss is needed only in cases when the market suddenly changes its direction,
or you have not had time to close the position at the intersection of the Trend Magic.
If there was no buy signal during the day or the trade closed at TP, remove the line and wait for the new US-session.

SELL
1. We look forward to the opening of the US session.
2. After the 14-hour bar closes, we draw a horizontal line
of the spot where the MA-5 is located.
3. We wait for another hour for the close of the 15-hour bar.
4. After closing the 15-hour bar we look at the two indicators.
5. For SELL we have a coincidence of two signals:
Moving Average should close below the line and Trend Magic should
be red.
6. If the two conditions coincide, we enter into the market.
7. Take Profit 60 Pips for the pair EURUSD.
8. Stop Loss 70 Pips.
Exit
We leave when the bar closes above the Trend Magic !
Even if the open position is in profit, one should leave the market.
Stop Loss is needed only in cases when the market suddenly changes its direction,
or you have not had time to close the position at the intersection of the Trend Magic.
If there was no sell signal during the day or the trade closed at TP, remove the line and wait
for the new US-session.

BUY in the case of Stop Loss
1. Complied with all eight conditions that were written above for BUY.
2. We left the market with a minus, when the bar closed below Trend Magic.
3. Leave line in the same spot and wait for a new signal to enter.
4. Once again Moving Average closed above the line and Trend Magic blue,
enter the market.
Only now increase a lot at 1.6 for the pair EURUSD.
This is important !
Do not enter if the Moving Average closed above the line, and Trend Magic is red.
Always waiting for matching two signals needed for the BUY of which
were written above.
5. In the course of testing this strategy on a real account and the strategy tester, we can say that usually the Order closed in plus, after a maximum of 3 orders.
But in terms of strategy we will increase the lot up to 5 times.
After that , put the original lot.
6. All orders are near the same line.
If the order was closed with a plus, clean line and wait for the opening of the
next US session.



Selling in the case of Stop Loss
1. Complied with all eight conditions that were written above for SELL.
2. We left the market with a minus, when the bar closed above the Trend Magic.
3. Leave line in the same spot and wait for a new signal to enter.
4. Once again Moving Average closed below the line and Trend Magic Red, enter
the market.
Only now increase a lot at 1.6 for the pair EURUSD.
It is important !
Do not enter if the Moving Average closed below the line and Trend Magic is blue.
Always wait for matching two signals needed for SELL that were written above.
5. In the course of testing this strategy on a real account and the strategy tester, usually an Order is closed in plus, after a maximum of 3 orders.
But in terms of the strategy we will increase the lot up to 5 times.
After 5 times, put the original lot.
6. All orders are near the same line.
If the order was closed with a plus, clean line and wait for the opening of the US session.


Initial Lot
Deposit $ 50 ( best would be $ 100 ) - Lot 0.01
Deposit $ 200 - Lot 0.02
Deposit $ 300 - Lot 0.03
Deposit $ 550 - Lot 0.04 - 0.05
Deposit $ 650 - Lot 0.06

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