Trading and Investing Forum

Go Back   Trading Forum and Blogs > Trading Strategies and Systems

Thread Tools Display Modes
Old 04-09-2008, 11:40 AM
Shooting Star
Posts: n/a
Default KISS System

Here is a very good KISS (keep it simple!) system for traders who are limited on the amount of time they can spend in front of the charts trading - people who can perhaps make one trade a day.

The system uses the 200 period EMA and multiple time frames (MTF). You are basically looking for a trend reversal the shortest time frame.

The 200 period EMA is possibly the most powerful tool to use in technical analysis and trading systems. It is the definitive mark or 'line in the sand' dividing the bulls and the bears.

This system uses example the 4 hour, 1 hour and 15 minute time frames.

Buy set up: Price is above the 200 EMA on the 4 hour and 1 hour. It moves from below to above the 200 ema on the 15 minute chart. When it rises a couple of pips above the previous reaction high, this is the trigger (buying the breakout)

Sell set up is the inverse.

Many technical indicators such as RSI and stochastics are telling you basically the same thing - it's better to use one indicator across 3 time frames than to use multiple indicators on one time frame.

With regard to stop losses and profit targets I use previous reaction lows and highs.

Last edited by Shooting Star; 04-10-2008 at 06:10 AM.
Reply With Quote
Old 04-09-2008, 08:24 PM
Hobbs's Avatar
Hobbs Hobbs is offline
Senior Member
Join Date: Sep 2006
Location: Chicago
Posts: 158
Blog Entries: 7
Hobbs is on a distinguished road

The idea of this system is to stay within the trend and trade breakouts within the prevailing trend.
Reply With Quote
Old 08-04-2008, 10:22 PM
Posts: n/a

I'm using KISS. I use the 5, 3, 2 and 1 minute charts. It took a while to really get it all, but things are going well. I'm averaging about .7-1 point/day.
Reply With Quote
Old 01-18-2011, 02:39 PM
yowhereismike yowhereismike is offline
Join Date: Jan 2011
Posts: 1
yowhereismike is on a distinguished road
Default Mike

I would like to learn more about the KISS System, using multiple charts. Thanks
Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -6. The time now is 01:12 AM.

Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.