Money Management Strategy

The Goal is to be Aggresive in trading than can Gain $300 to $500
Type of trader Applicable = ANY TYPE

Rules
1. Must be applied to the Proven Consistent System and Strategy
2. Well Versed on Money Managment System.
3. Only Use this during the week where Trade Plan is in the peak
4. Lot Size must be Equivalent amount of the pips that you are willing to loose.
5. Do not Gamble by adding amount of capital just to perform this trade.


Risk level = High

Disadvantage =
1.Thin line between Gambling and Trading
2. Lost everything you save for this event

Benefits
1. Increase your trade size without hurting your capital
2. High Frequency trading with NO RISK!!!!
3. 2nd Proven Strategy.

94% Success Rate on Strategy

The Very reason why I really recommend you to create journal is for you to assest yourself on what to work on and also for you to be able to see your progress. The most important on the journal is to be able to measure

1. Percentage Profitable as a Trader
2. Strategy Success rate'

With this basic needs to derive report you will be able to do some adjustments that will lead you to consistency. I really do believe in Consistent Analysis + Consistent Strategy = Consistent Profit.

Due to the fact that market are not really thesame as what it was yesterday or day before commonly we tend to bend are analysis so that we can profit. by doing so we also bend our Strategy which leads to a trap. In the end you will be chasing the market.

on the Video below explaining my progress report for the month of August which I can prove to you that I was able to create a 94% success rate on Strategy.  Watch the Video 

codes to detect Rejection and Retest

//Codes by Chrismoody

study(title="CM_Williams_Vix_Fix_V3_Upper_Text-Plots", shorttitle="Market checker", overlay=true)
//Inputs Tab Criteria.
pd = input(22, title="LookBack Period Standard Deviation High")
bbl = input(20, title="Bolinger Band Length")
mult = input(2.0 , minval=1, maxval=5, title="Bollinger Band Standard Devaition Up")
lb = input(50 , title="Look Back Period Percentile High")
ph = input(.85, title="Highest Percentile - 0.90=90%, 0.95=95%, 0.99=99%")
new = input(false, title="-------Text Plots Below Use Original Criteria-------" )
sbc = input(false, title="Market Check")
sbcc = input(false, title="Show Text Plot if Buttom")
new2 = input(false, title="-------Text Plots Below Use FILTERED Criteria-------" )
sbcFilt = input(true, title="Show Text Plot For Filtered Entry")
sbcAggr = input(true, title="Show Text Plot For AGGRESSIVE Filtered Entry")
ltLB = input(40, minval=25, maxval=99, title="Long-Term Look Back Current Bar Has To Close Below This Value OR Medium Term--Default=40")
mtLB = input(14, minval=10, maxval=20, title="Medium-Term Look Back Current Bar Has To Close Below This Value OR Long Term--Default=14")
str = input(3, minval=1, maxval=9, title="Entry Price Action Strength--Close > X Bars Back---Default=3")
//Alerts Instructions and Options Below...Inputs Tab
new4 = input(false, title="-------------------------Turn On/Off ALERTS Below---------------------" )
new5 = input(false, title="----To Activate Alerts You HAVE To Check The Boxes Below For Any Alert Criteria You Want----")
sa1 = input(false, title=" choose what to alert")
sa2 = input(false, title="Market Check?")
sa3 = input(false, title="Confirm Entry?")
sa4 = input(false, title="Aggresive Entry?")

//Williams Vix Fix Formula
wvf = ((highest(close, pd)-low)/(highest(close, pd)))*100
sDev = mult * stdev(wvf, bbl)
midLine = sma(wvf, bbl)
lowerBand = midLine - sDev
upperBand = midLine + sDev
rangeHigh = (highest(wvf, lb)) * ph

//Filtered Bar Criteria
upRange = low > low[1] and close > high[1]
upRange_Aggr = close > close[1] and close > open[1]
//Filtered Criteria
filtered = ((wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh))
filtered_Aggr = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and not (wvf < upperBand and wvf < rangeHigh)

//Alerts Criteria
alert1 = wvf >= upperBand or wvf >= rangeHigh ? 1 : 0
alert2 = (wvf[1] >= upperBand[1] or wvf[1] >= rangeHigh[1]) and (wvf < upperBand and wvf < rangeHigh) ? 1 : 0
alert3 = upRange and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered ? 1 : 0
alert4 = upRange_Aggr and close > close[str] and (close < close[ltLB] or close < close[mtLB]) and filtered_Aggr ? 1 : 0

plotshape(sbcc and alert1 ? alert1 : na, title="WVF Is True Text", color=lime, style=shape.arrowup, location=location.belowbar ,text='Buttom', transp=0)
plotshape(sbc and alert2 ? alert2 : na, title="Entry/Rev Text", color=aqua, style=shape.arrowup, location=location.belowbar ,text='Entry/Rev', transp=0)
plotshape(sbcAggr and alert4 ? alert4 : na, title="Early in/Rev Text",color=orange, style=shape.arrowup, location=location.belowbar ,text='Early in/Rev', transp=0)
plotshape(sbcFilt and alert3 ? alert3 : na, title="Confirm Entry/Rev Text", color=fuchsia, style=shape.arrowup, location=location.belowbar ,text='confirm entry/Rev', transp=0)

// Find all Fractals.
// This section based on [RS]Fractal Levels by RicardoSantos
hidefractals = input(false)
hidelevels = input(false)
topfractal = high[2] > high[1] and high[2] > high and high[2] > high[3] and high[2] > high[4]
botfractal = low[2] < low[1] and low[2] < low and low[2] < low[3] and low[2] < low[4]

plotshape(hidefractals ? na : topfractal, color=green, transp=0, style=shape.triangleup, location=location.abovebar, offset=-2, size=size.tiny)
plotshape(hidefractals ? na : botfractal, color=red, transp=0, style=shape.triangledown, location=location.belowbar, offset=-2, size=size.tiny)

topfractals = topfractal ? high[2] : topfractals[1]
botfractals = botfractal ? low[2] : botfractals[1]

topfcolor = topfractals != topfractals[1] ? na : green
botfcolor = botfractals != botfractals[1] ? na : red

plot(hidelevels ? na : topfractals, color=topfcolor, transp=0, linewidth=2)
plot(hidelevels ? na : botfractals, color=botfcolor, transp=0, linewidth=2)

//Coloring Criteria of Williams Vix Fix
col = wvf >= upperBand or wvf >= rangeHigh ? lime : gray

//Plots for Williams Vix Fix Histogram and Alerts
plot(sa2 and alert2 ? alert2 : 0, title="Alert If Entry/Rev", style=line, linewidth=2, color=aqua)
plot(sa3 and alert3 ? alert3 : 0, title="Alert Confirm Entry/Rev", style=line, linewidth=2, color=fuchsia)
plot(sa4 and alert4 ? alert4 : 0, title="Alert Early in/Rev", style=line, linewidth=2, color=orange)

matype = input(defval="HullMA", title="Fast MA Type: SMA, EMA, WMA, VWMA, SMMA, DEMA, TEMA, HullMA, TMA, ZEMA ( case sensitive )", type=string)
malength = input(defval=20, title="Moving Average Length", minval=1)
src = input(close,title="Moving average Source")

// Returns MA input selection variant, default to SMA if blank or typo.
variant(type, src, len) =>
     v1 = sma(src, len) // Simple
     v2 = ema(src, len) // Exponential
     v3 = wma(src, len) // Weighted
     v4 = vwma(src, len) // Volume Weighted
     v5 = na(v5[1]) ? sma(src, len) : (v5[1] * (len - 1) + src) / len // Smoothed
     v6 = 2 * v2 - ema(v2, len) // Double Exponential
     v7 = 3 * (v2 - ema(v2, len)) + ema(ema(v2, len), len) // Triple Exponential
     v8 = wma(2 * wma(src, len / 2) - wma(src, len), round(sqrt(len))) // Hull
     ema1 = ema(src, len)
     ema2 = ema(ema1, len)
     v10 = ema1+(ema1-ema2) // Zero Lag Exponential
     v11 = sma(sma(src,len),len) // Trianglular
     // return variant, defaults to SMA if input invalid.
     type=="EMA"?v2 : type=="WMA"?v3 : type=="VWMA"?v4 : type=="SMMA"?v5 : type=="DEMA"?v6 :         type=="TEMA"?v7 : type=="HullMA"?v8 : type=="ZEMA"?v10 : type=="TMA"?v11 : v1

// Calculate selected MA and get direction of trend from it.
zlema= variant(matype,src,malength)

up = zlema > zlema[1] ? 1 : 0
down = zlema < zlema[1] ? 1 : 0

// This section based on Candlestick Patterns With EMA by rmwaddelljr
//
ufb = input(false, title="Use Fractal S/R Cross Patterns")
udc = input(true, title="Use Dark Cloud Cover Patterns" )
upl = input(true, title="Use Piecing Line Patterns" )
ube = input(true, title="Use Engulfing Candle Patterns" )
ubh = input(true, title="Use Harami Candle Patterns" )
upb = input(true, title="Use Defined PinBar Patterns")
pctP = input(66, minval=1, maxval=99, title="Directional PBars, % of Range of Candle the Long Wick Has To Be")
// This section based on CM_Price-Action-Bars by ChrisMoody

//EOF

How to Detect Head and Shoulders

System In Detecting Potential Head and shoulders

Tools
1. CM_Ult_Macd = detect divergence and crossover confirmation
2. RSI = detect divergence

Skills needed
1. Support And Resistance
2. ABCD Pattern


Rules
1. Shoulders must be Below the Head
2. Start of neckline must above Point A or at the point A.


Find the the key factor.
1. ABCD Points or ABC
    To give you more idea about ABCD Pattern watch this Video

2. Confirm the ABCD Points to the Cross over of the MACD
3. Detect Divergent by using RSI or MACD in which B point is the Shoulder and D point is the head
4. Let ABCD points be the guide of your support and Resistance