In a trading system, which is more important? Entry VS Exit – Trading Systems – 7 February 2023
In a trading system, both the entry and exit are important. A well-planned entry can set a trader up for success, but it is ultimately the exit strategy that determines whether a trade will be profitable or not. A good entry strategy should take into account the trader’s risk tolerance, the current market conditions, and […]
Donchian Channels System Indicator for MT5
Introduction to the Donchian Channels System Indicator Price action traders identify trend direction based on the patterns of the price swings, whether price action is forming higher or lower swing highs and swing lows. The Donchian Channels System Indicator is a momentum indicator which is based on the same concept using breakouts from prior price […]
Trading system: trend is your friend! – Analytics & Forecasts – 20 January 2023
A popular trading expression is “the trend is your friend.” This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due to its usefulness and simplicity. This article provides traders with an in-depth guide on what trendlines are, how to draw […]
A Simple Breakout Trading System +5,024% (Backed by Data)
What is this system, and why does it work? Simple. This is a stock trading system. Based on academic research and my backtesting, strong stocks are likely to continue in the direction of the trend. It’s proven! It’s why this system looks to buy breakouts. Now I want to be honest here… I’m about to […]