221# Directional Key Trading System
Submit by JanusTrader
ENTRY RULES
Long Entry
Enter a LONG position when all following conditions are met
- Direction indicator is BLUE and just changes its color from RED to BLUE
- Confirmation Indicator is BLUE
Short Entry
Enter a SHORT position when all following conditions are met
- Direction indicator is RED and just changes its color from BLUE to RED
- Confirmation Indicator is PURPLE
Stop loss
Stop loss level is set to the value suggested by the KeyStop indicator
Exit
There are two ways to exit your trade
-
Use take profit level as suggested by the KeyStopIndicator
-
Exit when the system shows a reversal signal
EUR/USD Short Trade Example
In this example, we are going to trade EUR/USD pair. The timeframe used is 4-H.
As we can see from the screenshot above, the Direction indicator turned from BLUE into
RED. At the same time, the Confirmation Indicator was also in PURPLE
color.
This was
possibly a very good set up for SHORT entry. So, on the opening of the next candle, we
entered a SHORT trade at 1.33068. The value of stoploss is 79 pips above (if you use 5-
digit broker, this value is 79 x 10 = 790) the entry point and set at 1.33858. The take
profit was set at 158 pips below (if you use 5-digit broker, this value is 158 x 10 = 1580)
at 1.31487.
The trade went down strongly in our favor direction and hit our profit target. The trade
was closed with 158 pips profit
EUR/USD LONG Trade Example on Daily Timeframe
As we can see from the screenshot below, the Direction indicator turned from RED into
BLUE. At the same time, the Confirmation indicator also changed its color from purple to
BLUE. This was possibly a very good set up for LONG entry. So, on the opening of the next
candle, we entered a LONG trade at 1.37494. The value of stoploss is 216 pips below the
entry point and set at 1.35331.
The trade went up strongly in our favor direction. When the system generated a reversal
signal, we exited our LONG position at 1.45408 and got 791 pips in profit.
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Directional Key Trading System
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Han (Saturday, 16 September 2017 12:58)
I recommend everyone to try this system or incorporate this strategy to your current system, from what I see this strategy does NOT repaint.
hassan (Friday, 08 April 2016 18:10)
thats looking good..i will try it