The Challenge
We were asked to create a candlestick based digitally coded trend follower style swing trading system with advanced trend confirmation tools and razor sharp entry and exit signals. It was also important to make the charts 100% automatic, even the trendline drawer and the custom Fibonacci tool.
The Solution
We created System No.3 to fit the needs of traders who prefer logical and easy-to-trade systems. We coded a no-brainer long term/short term trend confirmation indicator, a trend-change signal and a price channel to make sure all entries are in the direction of the main trend. We also added a luxury Fibonacci tool and an automatic trendline drawer to fine-tune entries and exits.