The Sea Trading System: Presents
The Sea Trading System: Presents
The Sea Trading System: Presents
By Russ Horn
www.RapidResultsMethod.com
www.RapidResultsMethod.com
Currency Pairs:
Major pairs such as the EUR/USD and the GBP/USD.
Indicators:
1.
2.
3.
4.
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Chart Setup
1. Bollinger Bands (20,3)
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1. 3 Period Exponential Moving Average (EMA)
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2. MACD (6,17,1)
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3. 14 period Relative Strength Index (RSI)
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The 3 period EMA must cross above the Middle Bollinger Band.
The MACD must cross above the 0 level.
The 14 period RSI must cross above the 50 level.
When all the conditions above are met, place a buy order.
Set the Stop Loss a few pips below the nearest swing low or the Lower Bollinger
Band, whichever is closer.
6. Set the Take Profit at the Upper Bollinger Band or use a fixed profit target,
depending on the timeframe you are trading. Here are some examples of fixed Take
Profit targets in pips for each timeframe:
M1 (1 minute):
M5 (5 minute):
M15 (15 minutes):
M30 (30 minutes):
H1 (1 hour):
H4 (4 hours):
D1 (Daily):
3-5 pips
5-10 pips
15-20 pips
25-30 pips
40-60 pips
80-100 pips
150-200 pips
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Above, we have long trade taken on GBP/JPY H4 chart along the vertical line (A).
Prior to the entry, when the RSI crossed above the 50 level, we got the first sign to start
looking for long trade. The MACD also crossed above the 0 level. A few candles later
the 3 EMA crossed above the Middle Bollinger Band.
After the close of the current set up candle, a long position was opened at 126.283 (B).
Then, a Stop Loss of 80 pips under the entry was set, just below the last swing low point
at 125.483 (C).
Next, a Take Profit Target of 100 pips was set at 127.283 (D), which was hit right at the
very next candle.
Now lets take a look at Short trade conditions.
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The 3 period EMA must cross under the Middle Bollinger Band.
The MACD must fall below the 0 level.
The 14 period RSI must move below the 50 level.
When all the conditions above are met, place a sell order.
Set the Stop Loss a few pips above the nearest swing high or the Upper Bollinger
Band, whichever is closer.
6. Set the Take Profit at the Lower Bollinger Band or a fixed target, depending on the
timeframe you are trading.
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Here, we have a short trade on the EUR/USD H1 chart, along the vertical line (A).
First, the RSI crossed below the 50 level and almost simultaneously, the 3 EMA crossed
below the Middle Bollinger Band. The last signal was given by the MACD when it fell
under the 0 level.
Immediately after the close of the setup candle, a short trade was placed at 1.30512
(B).
Next, a Stop Loss of 15 pips above the entry was set, at 1.30662, which is just above
the last swing high (C).
And then, a Take Profit of 40 pips was set at 1.30112 (D). As you can see, the Take
Profit was hit 4 hours later.
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Thats all there is to the Sea Trading System. I know a lot of traders who use this kind of
method, because it can be traded on each timeframe, it is simple to follow, and is also
profitable. Try it and collect the profits that you deserve.
Thanks for the time you spent with me. I wish you good trading profits.
Best Regards,
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