Sonic R Trading System
This is a scalping system that uses 5M and 15M but recommended is 15 minutes. Trading time must be 1 am to 4 am EST (UK session) and 7 am to 11 am EST (US session). You can use any pairs on this system but you can try EU and GU or if you choose JPY pairs, change the trail stop and SL to at least 80 pips.
Instruction: Pay attention to the “Angle” of the slope. The steeper, the better. Avoid
horizontal ranging periods. Follow the trading time period closely.
** Have general trend/bias on mind. Determine the general trend, flip the
screen to 15M/1H/D1 TF with same setting and look at the slope.
For Buy entry:
- Look for the candle goes above upper white line.
- Wait till the candle ends and put the “Buy stop” few pips above the “High” of that candle.
- MACD sloping up or QQE Sloping Up)
- Stoch must be pointing up.
For Sell entry:
- Look for the candle goes below lower white line.
- Wait till the candle ends and put the “Sell stop” few pips below the “Low” of that candle.
- MACD sloping down. (or QQE Sloping Down)
- Stoch must be pointing down.
The Target Profit a few pips below the lower white line when the price touches the lines again
or Use Trail Stop (e.g +40 Pips). This is if you have a long position.
For Short position, set few pips above the upper white line when the price touches the lines again
or Use Trail Stop (e.g +40 Pips).
Stop Loss
For Long, few pips below the lower white line or nearest Support or min 40 pips.
For Short, few pips above the upper white line or nearest Resistance or min 40 pips.
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