synergy basic 2009
TRANSCRIPT
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© CompassFX, 2009www.compassfx.comRev. 81009
SYNERGYSYNERGYTrading MethodTrading Method
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© CompassFX, 2009www.compassfx.comRev. 81009
SYNERGY MethodSYNERGY MethodINSTALLATIONINSTALLATION
Basic Synergy is designed to automatically download onto the C: drive of your computer.
If your local drive is not the C: drive, please send an email to [email protected] for
technical support.
Follow the installation instructions shown on the registration “Thank You” webpage.
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SYNERGY MethodSYNERGY MethodINSTALLATIONINSTALLATION
There are 2 indicator files and 2 template files.
Indicators: Synergy_APB.ex4Synergy_TDI_Basic.ex4
Templates: Synergy_black.tplSynergy_gray.tpl
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SYNERGY MethodSYNERGY MethodINSTALLATIONINSTALLATION
1. After installation, open MetaTrader 4.0.
2. Open a new chart.
3. Right click on the chart. A pop-up will appear.
4. Select Template.
5. Select either “Synergy_black” or “Synergy_gray”.
6. A template with the Basic Synergy indicators will load onto the chart automatically.
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Unique experiences and past performances do not guarantee future results.
Trading stocks, options and Forex spot currencies involves substantial risk; and there is always the potential for loss. Your trading results may vary.
No representation is being made that any software or training will guarantee profits or not result in losses from trading.
DisclaimerDisclaimer
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SYNERGY MethodSYNERGY Method
Entry at 1.2823
EUR/USD 1 Hour EUR/USD 1 Hour –– Active TraderActive Trader
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Exit at 1.2875
SYNERGY MethodSYNERGY MethodEUR/USD 1 Hour EUR/USD 1 Hour –– Active TraderActive Trader
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Mark Douglas, author of Trading in the Zone, states:
“The best traders have developed an edgeand more importantly, they trust their edge.”
Why the SYNERGY Why the SYNERGY Method?Method?
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The “trading edge” of Synergy:1. A high degree of probability.
2. Enter and exit trades with less emotions.
3. Trade decisions dictated by price action, not by preconceived beliefs and opinions.
Why the SYNERGY Why the SYNERGY Method?Method?
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“Mutually advantageous collaboration of forces to create an enhanced combined result.”
What is SYNERGY?What is SYNERGY?
Price Action
Momentum
MarketStrength
Trend
Basic Basic Synergy Synergy MethodMethod
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1. Price action2. Trend3. Momentum 4. Strength
SYNERGY MethodSYNERGY Method
There are 4 primary market conditions in a potential trade:
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Average Price Bars
Price Action Channel
Traders Dynamic Index
SYNERGYSYNERGYBasic IndicatorsBasic Indicators
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Momentum & Strength Traders Dynamic Index
SYNERGY MethodSYNERGY MethodAverage Price Bars Price Action ChannelPrice Action & Trend
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Provide a better depiction of current market.
Reveal market strength & consolidation.
Eliminate fluctuations of nominal price action.
Remove the noise of price distortion of the underlying trend.
Why Average Price Bars?Why Average Price Bars?
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Typical CandlesticksTypical Candlesticks
False exit points!
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Average Price Bars Average Price Bars (APB)(APB)
Average Price Bars instead of candlesticks!
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Long Candle Short Candle
haOpen
haClose
haOpen
haClose
Average Price Bars Average Price Bars (APB)(APB)
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Long Candle
haOpen
haClose Blue Candles signify an uptrend.
Blue candles with no lower wick indicates a strong uptrend.
Average Price Bars Average Price Bars (APB)(APB)
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Short Candle
haOpen
haClose
Red candles signify a downtrend.
Red candles with no upper wick indicates a strong downtrend.
Average Price Bars Average Price Bars (APB)(APB)
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haOpen
haClose haOpen
haClose
Short CandleLong Candle
Small Body candlesSmall Body candles“Small Body” candles surrounded by upper and lower wicks indicate a potential trend change or reversible.
Consider exiting if in a position, or waiting for confirmation to enter.
Average Price Bars Average Price Bars (APB)(APB)
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Provides overall trend direction.
Reveals periods of consolidation.
Use as an Entry target.
And, use it like a Trailing Stop.
Price Action Channel Price Action Channel (PAC)(PAC)
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Price Action Channel Price Action Channel (PAC)(PAC)
Buy Entry Condition
Sell Entry Condition
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A hybrid indicator developed to indicate market conditions related to
trend direction, momentum, and market volatility.
An “all-in-one” indicator representing Market Sentiment!
Traders Dynamic Index Traders Dynamic Index (TDI)(TDI)
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RSI Price (Green) LineRSI Price (Green) Line
Above 50 = Positive SentimentBelow 50 = Negative Sentiment
GreenGreen > 50 = > 50 = Positive sentiment Positive sentiment …… (Buyers buying)(Buyers buying)
GreenGreen < 50 = < 50 = Negative sentiment Negative sentiment …… (Sellers selling)(Sellers selling)
Traders Dynamic Index Traders Dynamic Index (TDI)(TDI)
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Trade Signal (Red) LineTrade Signal (Red) Line
Rules: Trade Rules: Trade LongLong whenwhen GreenGreen >> RedRed..Trade Trade ShortShort whenwhen GreenGreen < < RedRed..Exit trade whenExit trade when GreenGreen && RedRed crossover.crossover.
Traders Dynamic Index Traders Dynamic Index (TDI)(TDI)
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Long Entry Condition
Traders Dynamic Index Traders Dynamic Index (TDI)(TDI)
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Market Base (Yellow) LineMarket Base (Yellow) Line
Rules:Rules: Market Base Line (MBL) is the Market Base Line (MBL) is the Overall TrendOverall Trend..Trade Trade LongLong whenwhen GreenGreen is >is > Yellow Yellow line.line.Trade Trade ShortShort whenwhen GreenGreen is <is < Yellow Yellow line.line.
Traders Dynamic Index Traders Dynamic Index (TDI)(TDI)
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Volatility Band (Blue) LinesVolatility Band (Blue) Lines
Rules: Possible to add to a Rules: Possible to add to a LongLong whenwhen GreenGreen is >is > VB. VB. Possible to add to a Possible to add to a ShortShort whenwhen GreenGreen is <is < VB. VB. Consider exit whenConsider exit when GreenGreen crosses back overcrosses back over VB.VB.
Traders Dynamic Index Traders Dynamic Index (TDI)(TDI)
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SYNERGY SYNERGY Trading MethodTrading Method
““Basic Entry RulesBasic Entry Rules””
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Long Entry: (All conditions are satisfied.)1. APB haClose > PAC High Moving Average.2. APB & PAC trending up.3. TDI = RSI PL > 50, TSL, and MBLMBL.
Short Entry: (All conditions are satisfied.)1. APB haClose < PAC Low Moving Average.2. APB & PAC trending down.3. TDI = RSI PL < 50, TSL, and MBLMBL.
SYNERGY MethodSYNERGY MethodBasic Entry RulesBasic Entry Rules
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SYNERGY SYNERGY Trading MethodTrading Method
““Basic Exit RulesBasic Exit Rules””
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APB Long exitPositive bar is much shorter than the previous bar orchanges to a negative bar at close.
PAC Long exitAPB closes inside the channel.
TDI Long exit = 1. Green crosses back below Red to the downside. 2. Green > 68 on small timeframes.3. Green crosses back below the upper Volatility
Band to the upside.
SYNERGY MethodSYNERGY Method
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APB Short exitNegative bar is much shorter than the previous bar or changes to a positive bar at close.
PAC Short exitAPB closes inside the channel.
TDI Short exit1. Green crosses back over the Red to the upside. 2. Green < 32 on small timeframes.3. Green crosses back up over the lower Volatility Band.
SYNERGY MethodSYNERGY Method
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SYNERGYSYNERGYTrading Method Trading Method ““Advanced TechniquesAdvanced Techniques””
www.synergyforex.com
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Price Action
Support &Resistance
Volatility MarketStrength
Momentum
TrendRange
MTF
Advanced Advanced SYNERGY SYNERGY
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Average Price Bars Price Action Channel Traders Dynamic IndexDynamic Support / ResistanceVolatility Range FactorContinuationMTF (Multiple Time Frame)Synergy Trade Signal
Advanced SYNERGYAdvanced SYNERGYChart SetupChart Setup
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Dynamic Support Dynamic Support ResistanceResistance
A dynamic model of price behavior illustrating major and minor points of
Support and Resistance.
Dynamic Resistance
Dynamic Support
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VolatilityVolatility
The dynamic strength and weakness of price activity to potentially avoid trading
during market doldrums.
www.synergyforex.com
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Range FactorRange FactorA filter designed to avoid trading in
periods of inactivity and tight choppy markets.
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ContinuationContinuation
Purposely designed to illustrate potential trend continuation in order to stay in
a trade longer.
www.synergyforex.com
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Synergy MTFSynergy MTF
A multiple time frame indicator designed to monitor the Advanced Synergy conditions
of other time frames tick-by-tick.
www.synergyforex.com
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1. Price Action2. Trend 3. Momentum4. Market Strength5. Support & Resistance6. Volatility7. Range
Synergy Trade Signal
Advanced Synergy Trade SignalAdvanced Synergy Trade Signal
Seven market forces combined into one powerful signal!
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Advanced Synergy Trade SignalAdvanced Synergy Trade Signal
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Trade LongProceed with
Caution
Trade Short
Advanced Synergy Trade SignalAdvanced Synergy Trade Signal
www.synergyforex.com
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Personalized Trade Setups
Traders can adjust a number of Advanced Synergy parameters to better fit their trading style!
Advanced Synergy Trade SignalAdvanced Synergy Trade Signal
www.synergyforex.com
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Operating System: Windows 98/Me/NT/2000/XP/2003 Server/Vista
Physical space: 25+ MB
Memory: 20 – 30 MB
Trade Platform: MetaTrader 4.0
Minimum System Minimum System RequirementsRequirements
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Advanced Synergy Members AreaAdvanced Synergy Members Area
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Advanced Synergy Advanced Synergy PopPop--Up Audible AlertUp Audible Alert
Buy condition = Ask & Sell condition = Bid.
Alerts include audible on/off alarm.
Alert stamped with local time.
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History of CompassFX History of CompassFX 1991 – Compass Financial, NFA registered futures firm, started.
2003 – CompassFX is founded.
2004 – CompassFX establishes IB relationship with IFX Markets andoffers one-click multiple account trading designed for tradersand fund managers.
2005 – CompassFX offers access to a managed account program.
2006 – CompassFX establishes IB relationship with FXDD andoffers the MetaTrader 4.0 platform with Synergy tradingmethod.
2009 – CompassFX establishes IB relationships with FX Solutions, FX Solutions Australia, and Gain UK.
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Forex broker with a traderForex broker with a trader’’s perspective s perspective
• Access to MetaTrader 4.0 trading platform• Trade over 20 Currency Pairs • 2 - 3 pip spread - EUR/USD & USD/JPY • 3 - 4 pip spread - USD/CHF• 3 - 5 pip spread – GBP/USD • Leverage - 100:1 & 200:1 • Standard, Mini & Micro Lot Size trading accounts • One-click trading for multiple accounts management• Trailing Stops and Scaling-out • $500 minimum deposit (Mini & Micro accts.)
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Forex broker with a traderForex broker with a trader’’s perspective s perspective
• Online educational videos
• Basic & Advanced trading strategies
• Forex pivot point calculator
• MetaTrader 4.0 Custom indicators
• Synergy Trading Method
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Understanding Money ManagementUnderstanding Money Management
Margin“Margin is only how much it costs you to place the trade.”
Leverage“Leverage is the equity in your account divided by the volume of the positions traded.”
Consistency“Stay in the game with Consistency, Discipline, Patience, andLow Leverage trading.”
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To view Synergy in actionTo view Synergy in action……
Sign up for our free daily video Sign up for our free daily video commentary.commentary.
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