Instant Buy Sell filtered

Instant buy sell is a trading system created by Karl Ditmann in 2010, in 2010, however, he did not have much luck, however, to look at it well the system can be profitable simply by applying a trend filter.The filter I applied is the Sar paraboloc, so when the signals agree with the Parabolic Sar they are confirmed. it seems that this filter reduces false signals by 1/3. The result is a simple, clean and efficient trading system.

Pairs

GBP/USD is recommended but the software works on all other major pairs

Timeframes

M5 (not recommended), M15, M30, 1H, 4H ( 1H is default settings )

Most useful timeframes M15, M30 ( make sure to set correct setting for each timeframe)

IMPORTANT: Settings for each timeframe ( 001.ex4 indicator

properties – INPUTS )

H4 - Arrowperiod - 45-65 (55) Arrowsticker - 1.5-2.0 (1.9)

H1 - Arrowperiod - 44-64 (53) Arrowsticker - 1.1-1.7 (1.2)

M30 - Arrowperiod - 26-42 (37) Arrowsticker - 1.1-1.6 (1.3)

M15- Arrowperiod - 44-64 (53) Arrowsticker - 1.5-1.1 (1.2)

M5 - Arrowperiod - 15-30 (65) Arrowsticker - 1.1-1.4 (1.2)

Entering Trades

The Instant Buy Sell Signal generates trades when it prints arrows.

To use the ‘‘Instant Buy Sell Signal’ to generate signals:

Long trades occur when the ‘‘Instant Buy Sell Signal’ shows green arrows.

Short trades occur when the ‘‘Instant Buy Sell Signal’ shows red arrows.

The signals of the arrows are confirmed when they are in the same direction as the Parabolic Sar (0.015, 0.15).

If you want to increase the filter level it is advisable to trade only the signals that agree with the 4H or daily trend.

In conclusion, if you want to use this trading system, my recommendation is to apply it to currency pairs that are trending on the daily time frame and trade only on that side of the trend, then you can also add the Parabolic Sar filter.

Stop Loss

Smart Stop loss levels printed in your popup alert window ( high /low of the last bars + SL adjustable distance value that set in your 001.ex4 indicator properties ).The SL automatically calculated by the software and displayed in your popup alert window.

Exiting Trades

Exit your trades when next signal is printed. For example: you got a buy signal and open a trade – exit when you see next signal arrow printed (sell in this case). Exit also at the Important Support or resistance level or ratio stop loss 1.12.

In the pictures examples of Instan Buy Sell filtered.