677# Incremental Profit System
Profit incremental for swing trading
Submit by Lopez F. 04/03/2016
Incremental profit system is a trading strategy based on the following indicators: ATR keltner and JMO Stocastic indicator but filtered with dynamic support and resistance.
This system is not holy grail but help you at the gain pips.
Time frame 15 min or higher.
Financial markets any
Metatrader indicators:
Support and resistance dynamics with this setting:
SR=6, SRZZ=20, Main RZZ=30, FP=40, SMF=3,
ATR Channel, trading system with arrow,
JIM V5 Stochastic (15, 10, 10) with moving average 5 period,
Choppy indicator.
Trading rules Incremental Profit System
Buy
When it forms a support wait a buy arrow, confirmed by jmo that crosses upward and by the choppy indicator that is not flat.
Sell
When it forms a resistance wait a sell arrow, confirmed by jmo that crosses downward and by the choppy indicator that is not flat.
Exit position is discretionary.
But as profit target, recommended, ratio 1:25 stop loss.
In the pictures Incremental Profit System in action.
Share your opinion, can help everyone to understand the forex strategy
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