Laposta System made for Cable (GBP/USD)

EAcpu | 5 reads | 0 comments | 2026-05-03

This strategy works well on MT4 with summer time zone GMT+3 and winter time zone GMT+2 i.e. market observation is 2 hours ahead of London time, for the purpose of this document Fxopen MT4 is my reference. Generally speaking, you have to become a virtual agent of your system, i.e. let the market do all the thinking, let your system tell you to go long or short, and then you can trade without hesitation.
This system considers one thing: price action and all one or two things associated with it (EMA crossovers and unknown limits), i.e. no trend lines, no support, no resistance, no Fibonacci, no pivots. You may want to ask why? In fact, in my trading experience so far (3 years), I have found news trading, trend lines, support and resistance, Fibonacci, etc. Everything requires human judgment to decide what will survive and what will be broken. So I threw them all away (not that I don't know how to use them, I do, but never for entry and exit.
NOTE: If you have this document in your hands, I want to believe that you have learned all the Forex basics as I will be using various terminology used in Forex trading. Another thing is that any trading done with the help of this system is done at your own risk.

Time range: 30M
Currency pair: GBP/USD
Indicators: MACD (5, 13, 5); MACD_OSMA (5, 13, 5) which can be found by any MT4 trader.
Note that MACD (5, 13, 5) only acts as a 5 and 13 EMA, with a 5-period SMA added.
Unknown limit (UL): +/- 20 pips from the opening price (0:00 on FxOpen MT4).
Stop loss: 30 points, take profit: 70 points, trailing stop loss 45 points.
Maximum number of transactions per day: 2 transactions

First setup: When the European session starts, look for the first 30M bar (setup bar) to close above or below UL. If a bar that is closed before the start of a European match meets this condition, it will be considered an established bar. If the setup bar closes above (below) the unknown limit, the buy stop (sell stop) is 1 pip + your broker's spread (1 pip) above (below) the setup bar's high (low).

Corollary 1: If the price is hovering above (below) the UL before the start of the European session, we will only look to buy (sell) unless the 5 and 13 EMA tell us otherwise. Therefore, if the price is above UL, the MACD histogram should be above zero and moving further away from the signal line. MACD_OSMA should help solve this problem. MACD_OSMA should be lime green (not to be confused with dark green). If the bar that closed before the European session meets these conditions, then it becomes our setting bar. If the bar does not meet this condition, we will wait for one that does. The transaction proceeds as in the first setup.
On the other hand, if price hovers below the UL, we would look to sell unless the 5 and 13 EMA tell us otherwise. The MACD histogram should be below zero and moving further away from the signal line. MACD_OSMA should be maroon (not to be confused with light red). If the bar that closed before the European session meets these conditions, then it becomes our setting bar. If the bar does not meet this condition, we will wait for one that does. The transaction proceeds as in the first setup.

Corollary 2: If the price is hovering below (above) the UL and the MACD histogram is above (below) zero. We will look to go long (short). Therefore, the bar chart we set up must meet the requirements (lime green for long, maroon for short).

Second setup: This only occurs if the first setup does not produce 70 pips, i.e. it is stopped. If the first trade is a short (long) trade, we will wait for the first bar to close above (below) the zero line. This bar becomes the setup bar to reverse the initial direction we chose and trade as before.

Corollary 1: If shorts (longs) are stopped out, MACD_OSMA will close in maroon (lime green) again before the histogram allows us to enter a long (shorts) trade. We select this bar as a new setup for another short (long trade) trade.