Download

Download the template for this system below:

Conclusion

This system has been provened to be very profitable and you may get more than one signal daily per currency so If you could monitor about five currency pairs per day and you engaged the market you could smile daily to the bank with between 50 – 250 Pips but also depending on your trading experience and also the peculiarity of the currency pairs you trade. Always be aware of the various news released per day so you could factor this into your daily trading plans. Ensure you don't trade during high impact news because you may never be able to manage your trade in a very fast market and this could wipe out your account. In short don't trade during a major news release. One more thing take the issue of Money management very serious because the Holy grail in trading in the Forex market is proper money management. Research more on this online and engage it in all your trading experience. Warning: Please demo trade this system and understand how it works before live trading the system. Happy Trading.

Stop Loss and Trailing Stop

Always place a stop loss on your trade because you can’t tell what war may happen in the market that may want to take all your funds. There maybe a devastating news released after you place a trade. This is the greatest safety valve in Forex trading and it is a good money management opportunity Forex trading gives any trader but many traders don't use this hence the great loss stories we hear daily in the market. How do we place a Stop loss on Kemi_Glow system? On Buy trading: when taking a buy trade place your stop loss 10 Pips below the Signal candle. You may choose to take more but this is appropriate. See an example below: The low of the signal candle was 1.0186 so our Stop Loss will be 1.0176 as the black line indicated. In Sell trading: place your stop loss 10 pips above the signal candle. See the image below. In the image below the high of the signal candlestick was 1.0253 thus our stop loss was placed at 1.0263 as shown on the black line below. What about Trailing Stop Order? Yes in most case the trend may favor your position it is advisable that you move your stop loss to breakeven point when you are on 20 pips. And as the trade progresses you could continue shifting your stop loss along the trend with any amount of trailing stop you like by this you may succeed in milking the trend for maximum pips but no matter what you intended to do about trailing always close any trade when you see an opposite signal.

Take Profit

You can exit the trade in 2 ways depending on your trading goal and risk appetite. - Place a pre-determined take profit pips. It also depend on what time frame you are trading on and the instrument pairs you are working with. I encourage place a take profit of between 10 – 20 pips and when your trade reaches this point you are closed out with your profit. - Close at the emergence of a new opposite signal ie the EMA signal. Using this exit plans entails that you allow your trade to run till you see an opposite signal. If you are Buying you can exit when you see a Sell signal. Note: No matter how much pips profits you hoped to get from any trade always close the trade when you see an opposite signal. Take a look at the USDCHF Buying trade below – we got the buying Signal at 0.98148 and the trade was in our favor but a Sell signal emerged at point 0.98265 just close the trade because the market from that point may become a Sell time you have earned 12 Pips. Diagram

Trading the System

Take trades only when the price breakthrough the EMA lines and closes above the EMA line for buy and below the EMA line for a sell. Dont take trade within the channel or on the EMA line and take trades only when the RVI is crossing or is in an upward or downward trend. See information about the RVI below. About the Relative Vigor Index (RVI) The Relative Vigor Index (RVI) is a technical indicator, which anticipates changes in market trends. How it is used to make trading decisions: The RVI has 2 lines as indicated below: • Green Line The green line is a standard simple moving average of the Relative Vigor Index calculation. Although you can adjust the green line, the default value is 10-periods. • Red line The red line is a 4-period volume weighted moving average. The red line is the “trigger line” because it provides trade signals when it crosses above or below the green line. I use the crossover of these two to make my entry decisions. Thus • Crossovers Entry and exit signals are triggered when the red line crosses the blue line. Therefore, we go long the moment the red line of the relative vigor index tool breaks the blue line in upward direction signaling a new bullish trend. And We go short the moment the red line of the relative vigor index tool breaks the blue line downward signaling a new bearish trend. But others still trade this RVI taking into account the oversold when below the 0 line and the overbought when above the 0 line. ** And some trade it on the basis of divergence. Buying and Selling Signals Buy Trade: When the trend is maintaining an upward trend the signal is to go long. - The candle breakout and closes above the EMA 5 high. Take decision to buy only after the close of the candle. Diagram!! - On the RVI: The red line must be either at the point of crossing the blue line in an upward direction or has crossed already and the two lines are in upward direction as shown below: Note: if the RVI did not give a confirmation signal wait until the close of the next candle but be sure the candle still closed above the 5 EMA high if not don't take the trade Diagram !!! When the two above are in agreement then you can open a market order to buy at the close of signal candle. We place instant order to buy not a pending order. Place your Stop loss and take profit order as we shall explain later. Sell Order: To place order to sell the following condition must be in agreement: - The market must be in a downward trend. Price breakdown through the 5 EMA low line and close below the 5 EMA line as shown below Diagram !!! - On the RVI: The red line must be either at the point of crossing the blue line in a downward direction or has crossed already and the two lines are in a downward direction as shown below: Note: if the RVI did not give a confirmation signal wait until the close of the next candle but be sure the candle still closed below the 5 EMA low if not don't take the trade Diagram !!! When the two above are in agreement then you can open a market order to Sell at the close of the signal candle price. We place instant order to Sell not a pending order. Place your Stop loss and take profit order as we shall explain later. Advert !!! No Trade Candles There are some signal candles that you must not place trade with: 1. Don't take trades that has abnormal candle height because they may lead to heavy loss because the direction may not be sustain. The white candle below is above 10 Pips and its abnormal - see that it did not sustain. The black signal candlestick below is 50 plus pips so we did not take that sell trade. The candle heights depends on you the trader to know what distance between open and close is large for you and it also depend on your risk appetite and what instrument you are trading. Diagram !!! 2. Don't take any candle that is touching the two EMA lines whether the wick or whole body like shown below. The black candlestick below is touching both 5 EMA high and low lines. Diagram!!! Determination of Candle height: Don't take any signal whose candle height from open to close is 10 and above for scalping and any amount for Day trading. The signal may not be sustain. But each trader is at liberty to consider any height appropriate taking into consideration the time frame you are trading on and the trading instruments. Don't take another trade until there is a new signal that 5 EMA and the RVI agreed as a valid signal. Diagram !!! Adverts !!!

Trade Set Up

Indicators We are using common Fx inducators found on meta trader platform both MT4 and MT5 and other trading platforms. 1. Moving Averages - Moving Average: Type: Exponential Period: 5 Applied to: High Color: Blue diagram of 5 EMA high - Moving Average: Type: Exponential Period: 5 Applied to: Low Color: Red Diagram of 5 EMA low 2. Relative Vigor Index: Period: 6 Diagram of Relative Vigor Index Advert!!!!! The Exponetial Moving Average is for getting trend direction while the Relative Vigor Index is for gauging the trend strength and also an additional filter to enable us enter the market without stress and fear of early retracement. Tradable Instruments: All Currency pairs, All Commodities, Stocks and Crypto pairs Time Frame: All time frames as you like (I prefer using the 1H for a day trading opportunity and also 1M - 15M for scalping the market) Advert !!!! Trading Types: - Aggressive traders: Trading aggressively the system entails not using the RVI to enter the market but just taking trading decision based on the EMA signal. The good thing is that you will enter the market earlier but the disadvantage is that you will secure many loosing trades but more high pips compared to the conservative traders. - Conservative traders: this trader takes trading decision based on the signal confirmation by the RVI such trader only enter trades based on the fact that the RVI agrees with the EMA signal. The advantage is that you have more sure winning trades but less numbers of trades. The type of trading depends on your risk choice but i advice take the conservative route. Adverts!!!

Introduction

The Forex Market is a very fantastic and very profitable market that has changed the financial destinies of many traders worldwide. From the little i have known about this market its opportunities are unlimited. The wealth potential in this market comes into manifestation by understanding all about the market and the factors that influences the market movement. Market movement has become a key in profiting in the market. The ability to know what to do when the trend starts make you a winner in this Warfare called Forex Trading. It is said that the trend is your friend until it bend. The Kemi_Glow trading system is all about knowing the beginning of a trend and taking advantage of it and milking enough pips and smilling to the Bank. It is actually a Cash Cow System. Forget about all you have learnt or know about Fx Trend and Trading and follow this system step by step. This system trades currencies, gold and commodities, indices, oil and many other trend induced instruments. I have seen thousands of pips on Gold in most days and hundreds on currency pairs. Advert!!!!!!! The Kemi_Glow Cash Cow The Kemi_Glow System (KGS) is a Forex Trading system that follows the market trend using our common trading indicators: i. Moving Average indicator found on all Forex trading platforms and ii. The Relative Vigor Index (RVI) indicator.