Scribd
Upload
127 views

A Simple System: Michael Duane Archer

The document describes a simple trading system that uses two indicators: a moving average crossover and a momentum index. The system can be used on various time frames from 5 minutes to daily. Details are provided on how the indicators work and how the system generates buy and sell signals.

Uploaded by

Sushil Mundel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
127 views

A Simple System: Michael Duane Archer

The document describes a simple trading system that uses two indicators: a moving average crossover and a momentum index. The system can be used on various time frames from 5 minutes to daily. Details are provided on how the indicators work and how the system generates buy and sell signals.

Uploaded by

Sushil Mundel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

3/16/2015

ASimpleSystem

ASimpleSystem
By:MichaelDuaneArcher,datedApril22nd,2013

Related"ASimpleSystem"
articles
ThissimplesystemisanindicatorbatterythatwasshowntomebyatraderatPeavey&Companyintheearly1970s,

1. IntroductiontoSimpleSystem

whereIcutmytradingteethoncommodityfutures.Insofarasfuturesandcurrenciesarebothhighleveragemarkets,it FOREXTrading
shouldbeequallyathomeineithermarket.Thesimplesystemwillalsogiveyousomeideaonhowtradingmethods

2. GeneralPrinciplesofTechnical

FOREXTools

basedonindicators,anindicatorbattery,ifyouwill,aredeveloped.Thisoneisindeedsimple!Someofthemarevery
complexandneedtobecomputerprogrammedtouseeffectivelyinthefastmovingFOREXmarkets.

3. KeepItSimpleToolboxforFOREX

Tip:Useonlyonetimeframetotradethesimplesystemfornow.Itcanbeappliedonanyfrom5minutesto1day.I

4. ASimpleSystem

recommend15minute,30minute,or1hourtobegin.

5. ComplexSystemsandGoodmans

LawofTradingSystems

Thesimplesystemisanindicatorbatterycomposedoftwoindicators,amovingaveragecrossoverandamomentum

6. PairstoTrade

index,similartoanoscillator.Abatteryisacombinationofindicators.Whentheindicatorsinabatteryarecombinedto
automaticallygeneratebuyandselltradesignalsbyacertainsetofrules,itisreferredtoasanexpertadvisor,orEA.

data:text/htmlcharset=utf8,%3Ch1%20style%3D%22outline%3A%20none%3B%20borderbottomstyle%3A%20none%20!important%3B%20color%3A%20rgb(0%2C%2087%2C%20183)%3B%20fontsize%3A%2022px%3B%2

1/4

3/16/2015

ASimpleSystem

Tip:Anindicatorbatteryoranexpertadvisorcouldbeusedasaprimarytradingmethodorasacheckontheprimarymethod.
YoumaywishtoreviewTechnicalAnalysis,whichprovidesdetailsontheworkings,strengths,andweaknessesofmovingaveragesandoscillators.All
tradingplatformsoffermovingaverages,momentumindexes,andprebuiltoscillators.ThesimplesystemisbuiltonMetaTrader4,butotherplatforms
maybeusedwithverylittledifference.
YouwillfindaccesstoindicatorsinthenavigationwindowofMT4.Herearesomeofthembrokendownaseithertradingortrendingtools.
Thisisjustasampleofthoseavailable.But,again,breakingthemdowntoeithertradingortrendingidentifiesthenatureofmostofthem.Ifyoucannot
ascertainthetypeinadvance,tryitonaverysharptrendingmarketandaverychoppytradingmarket.Theperformancewilltellyouthewholestory!

data:text/htmlcharset=utf8,%3Ch1%20style%3D%22outline%3A%20none%3B%20borderbottomstyle%3A%20none%20!important%3B%20color%3A%20rgb(0%2C%2087%2C%20183)%3B%20fontsize%3A%2022px%3B%2

2/4

3/16/2015

ASimpleSystem

IndicatorComparisonTradingandTrending

Pages:1 2 3 4 5
data:text/htmlcharset=utf8,%3Ch1%20style%3D%22outline%3A%20none%3B%20borderbottomstyle%3A%20none%20!important%3B%20color%3A%20rgb(0%2C%2087%2C%20183)%3B%20fontsize%3A%2022px%3B%2

3/4

3/16/2015

ASimpleSystem

"AdaptedfromGettingStartedinCurrencyTrading.
Copyright2012byMichaelDuaneArcher.Allrightsreserved.JohnWiley&Sons,Inc."
Contentprovidedhereunderexclusivelicense

data:text/htmlcharset=utf8,%3Ch1%20style%3D%22outline%3A%20none%3B%20borderbottomstyle%3A%20none%20!important%3B%20color%3A%20rgb(0%2C%2087%2C%20183)%3B%20fontsize%3A%2022px%3B%2

4/4

You might also like