Elliott Wave Free Forex Signal

Today I would like to share on Chaos Trading System.

Chaos Trading is a New Trading Dimensions for Profitunity Trading  by Bill Williams.

This method is best to apply with elliott wave trading which produce the best result from the two together.

Below is Chaos Trading - Profitunity System Setup:-

Indicators that use in Profitunity Trading :-
Alligator - Three SMAs (13/8/5) with a future offset of 8/5/3 respactively.
Fractals - 5 bars sequence where middle one has highest High / lowest Low and its preceded and followed two bars have lower highs / higher lows
preceded by two lower highs and is followed by two lower highs
Awesome Oscillator (AO) - difference between the 34-period and 5-period simple moving averages of the bar’s midpoints (H+L)/2
Acceleration Oscillator (AC) - difference between 5/34 momentum histogram (AO) and a 5-bar simple moving average on the AO

To apply then into MetaTrader 4 platform use these menus
Alligator: Insert -> Indicators -> Bill Williams –> Alligator
Fractals: Insert -> Indicators -> Bill Williams –> Fractals
Awesome Oscillator: Insert -> Indicators -> Bill Williams –> Awesome Oscillator
Acceleration Oscillator: Insert -> Indicators -> Bill Williams –> Acceleration Oscillator

For Entry:
When (Alligator) lines are opening we put a buy stop one point above the most recent fractal outside of the lines in trend direction

Exit Strategy:
When (Alligator) lines are closing we are closing too.

we stay out of the market when and while lines are intertwining.

Additional Notes:
After the first fractal is taken, we take any and every signal in that direction.

Additional Notes on Entry Signals:
AO:

1. we go long when AO cross zero line from negative to positive values and short on the opposite scenario.
2. we go long we have 3 consecutive AO bars above zero line last two having higher highs (i.e. AO pulls back for a while)

* - opposite rules for sell signal

AC:

1. Go long after two consecutive bars above zero line
2. Go long after three consecutive bars below zero line -

* - opposite rules for sell signal

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