FOREX for LIVING: Isakas Osentogg Trading System

Isakas Osentogg Trading System is the trend following method to helps scalper or intraday forex traders to their trading activity with maximum result. It uses several EMAs combine with other trend filter indicators to keep signal accuracy. Isakas Osentogg Forex Trading System gives an opportunity to identifies various patterns in price action which are invisible to the naked eye.

Based on the information that shown at the chart, hoped traders can predict further market price movement and adjust this system according to the its trading style. Isakas Osentogg Trading System can be applied to all forex currency pairs that uses 1-hour or 30-minute timeframe.

After the installation of the indicator is completed, main chart of MT4 should be look like:

Isakas Osentogg Trading System

Indicators:

HeikenAshi: It is a popular trend indicator. It appears at the main chart window close to the market price bars . It turns yellow means the trend is bullish. Conversely, it turns red confirms the trend as bearish.
4, 24 & 60 EMA: These are EMA lines based on 4, 24 and 60-day period. For a bullish trend signal confirmation, the price bars must be above all EMAs. While an opposite scenario is interpreted with the price bars crosses down and stay below these EMAs.
KusKusStop: It is a zigzag indicator that measures possible length of momentums. It is plotted line upwards when the trend strength is bullish and for bearish trend, pointing opposite direction.
Hist-StepMA-Stoch: It shows the trend strength of the current market. It is also utilized as a signal confirmated of trend signals that produced by other indicators of this system.

Isakas Osentogg Trading System Indicators

Trading rule:

Buy entry:

HeikenAshi is green, Hist-StepMA-Stoch turn green, KusKusStop line pointing upwards.
Price bars close and stays above all EMAs and HeikenAshi.
Exit Buy whenever HeikenAshi and Hist-StepMA-Stoch turns red at the same time.

Sell entry:

HeikenAshi is red, Hist-StepMA-Stoch turn red, KusKusStop line pointing downwards.
Price bars close and stays below all EMAs and HeikenAshi.
Exit Sell whenever HeikenAshi and Hist-StepMA-Stoch turns green at the same time.