Trading Systems

Developing a Trend Following KIS-System Based on ADX by Dr. Martin Boot

The Channel-Breakout System by Steve Notis

Steps in developing a trading system

1. Select the type of system: trend following, support and resistance, volatility system, or combined system.
2. Select time frame: daily, or intraday trading (weekly is also possible...).
3. Select technical indicators that will give you trading signals.
4. Play with the system to see if it meets your expectations.
5. Test and optimize the system.
6. Trade.
7. Revise and modify the system, but not during trading.