Trading systems

Flags

Flag is a continuous pattern. The flag itself is a pullback from a bullish/bearish market. It’s a robust pattern that works with every asset class and across timeframes. We have two variations of the flag. A normal and a horizontal flag. A normal flag as shown above is a pullback/pause after the market had been …

Flags Read More »

Lazy System

I always prefer simple systems. Ones I can explain to my 8-year old niece and she gets it within 10 minutes. One such system is the lazy system. A system developed by Simon Brown. It is a trend-based system that uses 3 Exponential moving averages, 15, 30 & 60. It first identifies the direction of …

Lazy System Read More »

7-21 System

 In the book “Trading for a living” by Dr Alexander Elder states it pays for retail traders to design a system that will give signal relatively infrequently. This will save you a ton in fees and whip-sores. A trading system that trades infrequent doesn’t mean there will be no drawdowns or the system will always …

7-21 System Read More »