«Market Leader» - news and previews making you rich.

Tuesday, 21 May 21:17 (GMT -05:00)


Market Leader Free Newsletter
Your Name:
Your Email:

Foreign exchange market

Profitable Forex Trading Systems: Introduction to TS SACS

Profitable Forex Trading Systems: Introduction to TS SACS

 

Most professional traders make their trading decisions basing on the readings of various technical indicators. All technical traders (especially those who use Meta Trader 4 or 5) face the problem of choosing good, reliable indicators.
 

 

 

The most popular standard indicators are:
 
·         Fibonacci levels
·         Moving averages (MAs)
·         RSI
·         Stochastic indicators etc
 
However, there are custom indicators. They are not built in the trading platform. They are developed by private users and can be integrated into the platform like Meta Trader 4 or 5.
 
 
SACS: Trading System Based On Custom Indicators
 
SACS stands for Special Automated Channel System. The system is developed by the experts of Masterforex-V Academy – Best Forex Training Project 2008-2011.
 
According to Eugene Antipenko, Chief of the Mid-Term Trading Department of Masterforex-V Academy, it is all about becoming a successful professional trader. Financial freedom is motivation. With SACS, it is really possible to trade Forex successfully. But firstly, it is necessary to take into account the following information:
 
·         Put aside all your previous knowledge because SACS is a self-sufficient and profitable trading system.
 
·         When organizing your trading environment, use a permanent set of indicators. No extra tools or other components are added during the process of learning and mastering the system. The only criteria that let students change their working environment are successful graduation and earning stable profit on а demo account.
 
·         Single-broker rule applies. Various brokers can give different quotes. In order to avoid misunderstanding or misinterpretation, all the students must open a demo trading account with the same broker.
 
SACS: Itroduction
 
The trading system is based on several custom indicators:
 
1.       ATEI.BI:

 

 

 

2.  ATEI.TRA:2.

 

 

 

3. Volatility Indicator. ATEI.SAKS.Channel:

 

 

4. ATEI.SAKS.Oscillator:

 

 

 

 

According to the developers, the hardest and most crucial thing about SACS is to learn how to analyze charts with different timeframes and to combine the information into a single picture for making correct trading decision. If you master these technique, you have passed 70% of your way to success!
 
In order to simplify the process, they use profiles in Meta Trader. A profile is some kind of a trading environment consisting of several charts with different timeframes and attached indicators and charting tools.
 
The working environment of SACS consists of 4 parts:
 
·         Major trend. Monthly chart.
·         Strategy. Daily chart.
·         Tactics. Н1 chart.
·         Decision making. М15 chart.
 
 
 
The introduction is over. In order to make a profile we will need the following tools:
 
·         New chart
·         Profiles
·         Window
·         Templates

 

 

 

 

 

 

 

Therefore, by utilizing the products developed by the Mid-Term Trading Department of Masterforex-V Academy, it is possible to become a professional who trades Forex successfully.
 
The next articles of the SACS series will be devoted to each of the indicators the SACS trading system is based on.
 
 
Market Leader and Masterforex-V Academy would appreciate if you could participate in a survey. Please, visit the Academy’s forum for traders and investors and answer the following question:
 
To your mind, what technical indicators are the most profitable?

 

 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

USDJPY Outlook

 

 

Stimulating the Japanese economy seems to be finally paying off. The real GDP in Japan grew by 3,5% in Q1 2013, which is the best performance seen over the last 12 months.
 
Publication date: 20 May 05:32 PM

EURUSD: Intraday Outlook

 

 

Today, on May 20th, Forex started a new trading week. There have been no radical changes in the market of EURUSD so far. The previous bearish move was elongated by some 200 points. The price keeps developing the ABC pattern of wave level Daily. The move hasn’t reached any of the given targets so far.
Publication date: 20 May 06:15 AM

Experts: EURUSD Will Drop Down To 1,15

 

 

It seems like more and more experts feel bearish on the near-term prospects of the common European currency. Some of them say that EURUSD may even drop down to 1,15 in late 2013. If this is the case, this will be the lowest level in 10 years.
 
Publication date: 17 May 10:35 AM

Japanese Yen: Market Outlook

 

 

The current weakening of the Japanese Yen was fairly predictable for investors. However, after USDJPY exceeded the 100 limit, experts got divided over the prospects of the currency pair.
 
Publication date: 17 May 06:27 AM

Trichet: Situation In Eurozone Gets Worse

 

 

Yesterday, on May 15th 2013, Eurostat published a eurozone GDP report, which reflects the economic dynamics in al the 17 countries. The figures turned out to be much worse than expected. In Q1 2013, the aggregate GDP dropped by 0,2% as compared to the previous quarter. At the same time, tere was a 1% decline year-over-year.
Publication date: 16 May 05:06 AM

Larson and Holtz: How to Trade with Zero Spreads?

 

Stability is a cornerstone of success. While standards can change, such things as quality, reliability and safety will always be of great value.  
 
There are hundreds of broking companies. However, few of them can actually boast premium-quality services and competitive trading conditions. Larson&Holz is one of such broking companies.
 
The company keeps evolving and improving the existing products and services while staying client-oriented and focused on innovation.
 
Not so long, the broking company offered even better trading conditions on NDD-based trading accounts. Let’s have closer look at the offer.
 
Publication date: 15 May 08:51 AM

Masterforex-V: Documentary on Forex – What Don’t We Know?

 

These days, few people do not know about Forex. Most people know that this is a currency market that gives everyone an opportunity to make money by trading currency pairs. Unfortunately, there are many people that treat Forex as some kind of a scam or bingo play… or they are sure that it is impossible to trade Forex profitably. Indeed, most traders do lose in the long run, but this is how it works. This holds true for any market.
 
This is a rather controversial issue that needs comprehensive analysis.
 
Publication date: 14 May 12:08 PM

FIBO Group: High Leverage – Good or Evil?



What is the key factor of successful trading? There is no universal answer to this question. Everyone can give his own reasoning. However, the most typical answers include:

Publication date: 14 May 09:49 AM

British Pound Keeps Weakening Without New Easing Steps

 

 

The Bank of England has left its policies unchanged. The MPC is probably not going to make any major changes until the new BOE Governor takes office.
 
Publication date: 13 May 07:11 PM

External Account Surplus Reverses USDJPY

 

 

Japan’s external account showed bigger surplus in March. The actual figures reached ¥1251bn. This was a major increase against ¥637bn in February.
Publication date: 13 May 06:57 PM