38# Kevinator Retracement Trading System

Kevinator Retracement update 2024

Kevinator trend momentum strategy.

Indicatrors MT4

MT Trend line

TMA CCGG Repaint

MTF Stochastic

Retracement Find

5 min trading setting

Long: Goal 5+ pips

1. The 60 min (1hr) stoch on the MRF stoch indicator is stepping up

2. The RF is below the zero line on the indicator

3. When RF breaks above the zero line enter trade

4. When confirmation bar occurs, you should be in good pips

5. If RF bar then breaks back down below the zero line get out of the trade

6. The more on the opposite side of the TMA as the direction you are going in the better

7. For longs, you want to be closer to the bottom line

Short: Goal 5+ pips

1. The 60 min (1hr) stoch on the MRF stoch indicator is stepping down

2. The RF is above the zero line on the indicator

3. When RF breaks below the zero line enter trade

4. When confirmation bar occurs, you should be in good pips

5. If RF bar then breaks back above the zero line get out of the trade

6. The more on the opposite side of the TMA as the direction you are going in the better

7. For shorts, you want to be closer to the top line

I’m not sure what to do for MM at this point for an automated trading system. I’ve been trading it demo

and some live as now. I am VERY aggressive with moving up my SL.

MOM or Sling Shot trade: Goal 20+ pips

1. View the 240 (4hr) stoch on the MTF stoch indicator

2. Look for the direction of the line

3. If the line is “stepping” up

a. Wait for price to break the lower band on the TMA line

b. Check the middle band to make sure that it is still in a visible uptrend

c. After price has broken the lower band and the middle band is still in uptrend, wait for a

long break on the RF

Kevinator Retracement update 2024

Kevinator up.rar

compressed file archive 98.4 KB

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Submit by janus trader (written by Kevinator)

This is a scalping system based on the retracement of the price.

Time frame: 5m Kevinator system Major only.

Pairs: Majors (eur/usd, usd /chf, gbp/usd, aud / usd, usd / cad, usd/jpy, gpb/gpy).

Metatrader Indicators:

TMA,

MTF Stoch 4TFx4,

Retracement Finder.

Retracement bars are the magneta (purple) bars on the indicator on the bottom.If the market is stepping down you take the downward magneta bars as entry.If the market is stepping up you take the upward magneta bars as entry.

LONGTERM
You can either enter the market (long term) when the mtf stochastics is changing directions and hold until trend is done or at any of the retracement bars going in the direction of the trend and hold (20-400pips)
SHORT TERM
You can scalp the market by finding the direction of the current trend (stepping up or stepping down) and entering the retracement bars

There are two ways to trade this system but the entry rules are solid.We have a solid method to define a trend (mtf stochastics) and a solid entry method (enter on retracements).

It is up to you how much profit you take as you could befollowing a trend for days or just scalping all day long for short profits.

Share your opinion, can help everyone to understand the forex strategy.

Retracement Forex Strategies

Write a comment

Comments: 2

#1
chuks .e (Wednesday, 25 February 2015 22:46)

Thanks for providing, am looking for gud indis or template does not repaint for my Option trade is been hectic with the once i have thks.
#2
sabelo (Tuesday, 07 December 2021 17:52)

do you have retracement finder for mt5