Mohammed Munzer - South Lebanon submitted own Forex system:

Hello
I am using this strategy and it works well with me
I like to share it with others
This website is the best I have got use off

Mine is on 1 hour chart:
Two EMA of settings 5 and 15 - close
Two EMA of settings 144 and 169 - close- vegas 1 hour tunnel

asctrend2 for determining stop
MACD settings 12,26,9
RSI settings 21
Trend trigger mod

Entry long:
EMA 5 and 15 crossover upward
crossover of MACD lines upward
RSI(21) > 50
and TrendTriggerMod upward

Short entry:
EMA 5 and 15 crossover downward
crossover of MACD lines downward
RSI(21) < 50
and TrendTriggerMod downward

Hint1: do not make the trade if trendtriggermod do not agree the others
Hint2: beware of the 2 EMA's 144 and 169 They work well as Support and
Resistance

Exit: Use new crossover of MACD lines

Stop loss depends on asctrend2 or use ATR(14)*2"

Munzer, our greatest appreciations for contributing this Forex system!
Thank you! Well done!


Source: http://forex-strategies-revealed.com/

Munzer Strategy with GBP/JPY:

with GBp/JPY it is better to take concentrate on long trades when price is over vegas tunnel and the short trades when price is below it

This is a chart revealing :
1- false entry signal
2- reliable entry signal

3- undesired entry signal
- The false entry signal is symboled by aqua colored "x" ( entry conditions lacks trendtriggermod harmony or agreement with others)
- the valid entry signal is symboled with down arrow and check sign at 1.1772 with candle open and there the trendtriggermod moved downwards so agreeing the other indicators(RSI<50,5EMA<15EMA,MACD Crossing downwards).
Exit were at 1.1692 with the opening of the candle depending on new MACD crossover upwards.
- The undesired entry signal is symboled with Plum colored "x" and it is becoz price is near Vegas 1 hr tunnel(resistance area) although conditions were valid.






Source: http://forex-strategies-revealed.com/