Breakthrough trend forex strategy using indicator towave

[dci2002]

The principle of this strategy:
1) we build H1 and M15 trends using two last fractals of towave indicator
2) trade is opened when M15 trend is broken (crossed) through resistance point (+/- 3pips) in one case - with breakthrough H1-trend (situations 1,2,4) and in other case - in direction of H1-trend (sit.3,5)
3) stop-loss is set on the last fractal of M15-timeframe (+/-3 pips)
4) trade finished when M15-trend is crossed in reverse direction

Strategy uses two indicators ToWave indicator and TREND-MA.
The indicator TREND-MA draws support/resistance lines. The indicator ToWave uses Elliot theory base. Look on price changes, ToWave builds extremums('resistance points'), fractals (significant point of trend).

Analysis of trades on USDJPY: 15.01.2015-16.01.2015 - Profit: 89 pips
At this days I provided two successfull trades:
1) case №3 - sale trade is opened - М15-trend is crossed into Н1-trend direction (I)
2) case №5 - buy trade is opened - М15-trend is crossed into Н1-trend direction (2)
H1-timeframe

More details on look on Facebook in my page ToWaveStrategy and my site assigned with it fxoption.hut2.ru/indexEn.htm

 

[dci2002]

Trades 19.01.2015 (+50 pips USDJPY)
Was closed 1 trade (case 2) on breakthrough H1-trend (II) with strategy rule (breakthrough M15-trend with breakthrough H1-trend)

 

[dci2002]

USING STRATEGY TOWAVE. TRADES 20-21.01.2015 (+90 PIPS USDJPY)
Examples of trades with strategy using indicator ToWave. After that - weekly results 15-21.01.2015 (+229 pips). Strategy was described in my blog early
During two days may be possible 5 trades.
Case 1 - buy, M15 trend is crossed in direction of H1-trend; this position I don't open, was busy
Case 2 - buy, M15 trend is crossed in direction of H1-trend; this position I don't open, I was afraid that it is 4 breakthrough and price would be ready to cross H1-up trend
Case 3 - sell, M15 trend is crossed with breakthrough H1-trend, profit 50 pips
Case 4 - sell M15 trend is crossed in direction of H1-trend; profit 40 pips; according the strategy this trade would made profit 5 pips, but I closed position look at market volatility, when price twice touched +40 pips level
Case 5 - M15 trend is crossed with breakthrough H1-trend
Additionaly, about closing of trade. There are 3 cases that I use: 1) price achieved +50pips, 2)M15-trend is crossed in reverse direction; 3) stop-loss case
Weekly results +229 pips, +195$, +17% to deposit
Pict: H1-chart, M15-chart (cases 2,3), M15-chart (cases 4,5), weekly report

 

[dci2002]

USING STRATEGY TOWAVE. TRADES 22-23.01.2015 (+80 PIPS USDJPY)
During two days may be possible 5 trades.
Case 1 - sell, M15 trend is crossed with breakthrough of H1-trend; profit +42 pips
Case 2 - buy, M15 trend is crossed with breakthrough of H1-trend (I); profit +40 pips
Case 3 - buy, M15 trend is crossed n direction of H1-trend (II); loss trade; I didn't open it
Case 4 - buy, M15 trend is crossed n direction of H1-trend(II); loss trade; loss -27 pips
Case 5 - M15 trend is crossed with breakthrough H1-trend(II); this position I closed with profit (+25 pips), because previous trade was lossed,stop loss higher than trade open price, and I closed trade when summary profit was equals zero.

Screenshorts:
H1-chart, M15-chart (cases 1, 2), M15-chart (cases 3, 4, 5)

 

[mkowa]

I am very confused. Could you please describe the sequence with only one setup in the chart?

I got the indicators on the chart. I drawed the trendlines in m15 and h1.
I did not get the exact rule for entering.
What do you mean with "trend crossed"?

Help is welcome.
Thank you for sharing the strategy.

 

[dci2002]

USING STRATEGY TOWAVE. TRADES 26-28.01.2015 (USDJPY)
Examples of trades with strategy using indicator ToWave. After that - weekly results 22-28.01.2015 (+103 pips). Summary from 15.01-28.01.2015 +332 pips.

There are 7 trades may be possible during 3 days.

Case 1 - buy, M15 trend is crossed in direction of H1-trend; loss -15 pips;

Case 2 - sell, M15 trend is crossed with breakthrough H1-trend; this case I combine with case 3 (don't close, because it is high probability to open second sell position in direction of trend)

Case 3 - sell, M15 trend is crossed in direction of H1-trend; profit +49 pips;

Case 4- buy, M15 trend is crossed with breakthrough H1-trend; profit +10 pips;

Case 5 - sell, M15 trend is crossed with breakthrough H1-trend; profit +14 pips;

Case 6- buy, M15 trend is crossed with breakthrough H1-trend; loss -36 pips; FRS reports - high risk, usually I don't open trades in this period;

Case 7- sell, M15 trend is crossed with breakthrough H1-trend; profit +0 pips.

Weekly results: +103 pips, +87$, +6% to deposit

Charts: Н1, М15 (cases 1,2,3), М15 (cases 4,5), М15(cases 6,7), weekly report

 

[dci2002]

I am very confused. Could you please describe the sequence with only one setup in the chart?

I got the indicators on the chart. I drawed the trendlines in m15 and h1.
I did not get the exact rule for entering.
What do you mean with "trend crossed"?

Help is welcome.
Thank you for sharing the strategy.

You can ask questions on my mail dci2002@yandex.ru And I can help you through facebook chart or remotely tools: describe cases, entry points

 

[dci2002]

USING STRATEGY TOWAVE. TRADES 29-30.01.2015 (+98 PIPS USDJPY)
During two days may be possible 2 trades.
Case 1 - buy, M15 trend is crossed in direction of H1-trend ; profit +51 pips;
Case 2 - sell, M15 trend is crossed in direction of H1-trend ; profit +47 pips.
Charts: H1-chart, M15-chart (case 1), M15-chart (case 2).

 

[dci2002]

USING STRATEGY TOWAVE. TRADES 02.02-04.02.2015 (USDJPY)
Examples of trades with strategy using indicator ToWave. After that - weekly results 29.01-04.02.2015 (+101 pips). Summary from 15.01-04.02.2015 +433 pips. Strategy was described in my blog early.

Very unfortunate days. Yena could not find move direction.

There are 7 trades may be possible during 3 days.
Case 1 - buy, M15 trend is crossed in direction of H1-trend; loss -15 pips;
Case 2 - sell, M15 trend is crossed with breakthrough H1-trend; profit +22 pips;
Case 3 - buy, M15 trend is crossed with breakthrough H1-trend; profit +0 pips;
Case 4- sell, M15 trend is crossed with breakthrough H1-trend; profit +10 pips;
Case 5 - buy, M15 trend is crossed with breakthrough H1-trend; profit +0 pips;
Case 6- sell, M15 trend is crossed with breakthrough H1-trend; loss -28 pips;
Case 7- buy, M15 trend is crossed with breakthrough H1-trend; profit +14 pips.
Weekly results: +101 pips, +85$, +6% to deposit
Charts: Н1, М15 (cases 1,2), М15 (cases 4,5), М15(cases 6,7), weekly report

 

[dci2002]

USING STRATEGY TOWAVE. TRADES 05-06.02.2015 (+98 PIPS USDJPY)
Examples of trades with strategy using indicator ToWave.
During two days may be possible 4 trades.
Case 1 - buy, M15 trend is crossed with breakthrough H1-trend ; profit +0 pips;
Case 2 - sell, M15 trend is crossed with breakthrough H1-trend ; profit +10 pips;
Case 3 - sell, M15 trend is crossed in direction of H1-trend ; loss -12 pips.
Case 4 - buy, M15 trend is crossed with breakthrough H1-trend ; profit +100 pips;
Charts: H1-chart, M15-chart (case 1), M15-chart (case 2,3,4)