A new system developed by a fellow trader. After understanding the the pros and cons of a multiframe systems, he developed a system that would suit his trading lifestyle as a commodity trader. The 1 min to 5 min adaptive gaan system, as he called it is designed and developed for trading on intraday basis right away from 1 -4 hours.
The arrows in every indicator requires one candle after every one signal or arrow for conformation . It is the second candle’s open you should open the position for buy or sell. All the 4 indicator should have the same color or in agreement with buy or sell position. You could also alert on 5 minutes adaptive gaan settings which is the smallest timeframe. To be able to set the price at the point wherein in the yellow chart arrow at the point whenever the line is moving, you just set the ShowValue= true to show indicator value. You may try to weak it a bit to be able to achieve your goals as a trader.
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Remember that our main objective is minimize the risk and let profit take care of itself. The rules for trading are the ff: Buy or Sell only when all the timeframes are showing same direction. If you want, you may add 4 hour set uo with this system. In a 5 min TF, place your stop loss on 15min adaptive gaan indicator line. If you are somewhat a conservative trader and believe in locking in locking profit early then place your stop loss according to 5 min adaptive gaan indicator line. This kind of strategy can help doing correct Technical analysis and identifying the trend in all timeframes at a single glance. Just take careful note that this strategy on demo first till you understand it well and get to know the functions very well and if you think you are confident enough to proceed on live accounts, then just do so.