Filtering Trend With Ed Ponsi

Have you previously read this thread complete? Because in this thread only provides information about the TREND formed NOT to be BUY or SELL. The reference to enter the market is still guided by the trading system that we have, this is only a filter only to further enhance the accuracy of our transactions. And I have informed this in some of my posts, I always say that this is only a filter, the benchmark in the market keeps the trading system that we have. Later I will give an example of utilizing this system if you don't understand. So in this thread or this system only discusses the trend, NOT a SIGNAL, meaning my post is still relevant and according to the topic, so it doesn't break the rule forum 

In the example 1 picture we can see that the trend is showing a healthy decline, or we can call it a Down Trend. So we focus on sell signals and ignore buy signals on our trading system. That's what filters are for.


(Now See example 2 picture) Well, for example, I trade with the Over Bought (OB) and Over Sold (OS) Stochastic Oscillator systems. The rule is to sell, if the 5,3,3 period stochastic enters the OB area above the 80 stochastic level, then exits again from the 80 level accompanied by a stochastic cross down. risk reward 1:1, with SL placed at the high of the last candle.

We enter at the opening candle which I gave an arrow, what happened, there were 4 OP sell, OP 1,2,4 TP, the OP was 3 SL, because the TP didn't arrive. 4 OP win 3 loss 1. Not bad right?


so this is how to use this system. Hopefully it can be understood, but if you don't understand don't hesitate to ask. Thank you