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Braydensgrail System:) (Braydensgrail System: )) - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |
Introduction : Braydensgrail is a unique approach to trading the Forex market. This is not a scalping method. It is the result of years of trial and error, research and common sense investing strategies (i.e. trading online, participating in forum discussions, studying signal alert websites, and testing EAs). The concept is designed to profit from large moves of 100-200 points that occur in pairs.

system :

1) Open any Forex chart, place the "Williams Percent Range" indicator and just use the standard settings without changing anything. Next, using the standard settings, click and drag “RSI” onto the Williams Percent Range Indicator. OK, you're done.
2) Next, once the Accelerated Oscillator appears on the chart, double-click on the Accelerated Oscillator and drag the Stochastic Oscillator onto it using the standard settings.
Now, when the Williams Percent Range crosses below the RSI and the Stochastic and Accelerating Oscillator simultaneously crosses below zero (0), go short! When the Williams Percent Range crosses the RSI and the Stochastic and Accelerating Oscillator simultaneously crosses above zero, go long! As an additional option, I placed 50, 100 and 200 MA on the chart both using filters and trend direction.

Timeframe: H4 and Daily.

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Things to note : The red line is where the indicator/indicator crosses and trades are made. If you notice that Williams/RSI sometimes crosses first or Stochastic/AC crosses first (you can use this as an early entry if you wish), these indicators are powerful enough to be used independently. Sometimes I'll get in early if I feel the price action will cooperate, but I feel more confident in a trade when all indicators reflect each other.

Stop Loss: I use a mental stop loss of -73 pips (I sometimes increase this to -100 or more depending on the currency pair and market conditions). If I have an open trade that is not yet profitable and I am going to sleep or not sit at my computer for a few days, I will set a stop loss on my trade with my broker. When a trade reaches 1 pip profit, I would put a 15 or 25 pip trailing stop on it (however, if the market is volatile, I would increase the trailing stop) and let it run until I get stopped out, but you can use any size trailing stop you want or that your broker provides.

Money Management: As a "general rule"; I never risk more than 1% of my total equity on any trade. Since everyone's account size is different, I recommend that you use the money management program that works best for your account.

Second note : Hi everyone, I'm not going to post more signals on this post (I never intended this post to be a place to give signals), I just wanted to post some trades to let you all see how the system works, since I've received several emails asking me to post bank statements, credit card numbers, transaction statements, etc..., so I thought I'd just post a few trades, and I hope that's enough. I'd like to continue discussing other ways to improve this system that I may have missed. Read, learn, post, have fun, and thanks for stopping by.
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