Simple Trading Plan

Indicators that used :
1. LaGuerre 1 ( for entry ) - Gamma 0.60, levels 0.15, 0.85,0.45 bars to read 9500 color Blue 
2. LaGuerre 2 ( for exits ) - Gamma 0.80, levels 0.15, 0.85, 0.45 bars to read 9500, color Red 
For the Lags Enable Fixed maximum (~1.05) and fixed minimum (~-0.05) on in the Common tab of the Laguerre indicator
3. Bollinger bands - 20, 0 and close ( default) ( This is very imp indicator as in uptrend the middle Bollinger acts as support and
in downtrend it acts as resistance )
4. EMA 200 ( Red ) and EMA 60 (Blue) to find support and resistance
5. Pivot Points : To Find daily Profit levels and as indication of expected Support / Resistance areas for the day.
6. MACD – Traditional – Setting of 12,20,9 – Crossover confirmation with Lags for entry and exit.
7. StochHistogram - an indicator which shows the overbought/oversold status of the market.. Use default settings of 14,3,3 .






Buy when the price crosses to positive.
Sell when the price crosses down to negative.
Green histogram means it's in an uptrend. Red histogram means it's in a downtrend.
These are the only indicators we use and do not intend to add more, want to make it very simple and straight forward
The method to use. You can use your favorite indicator to confirm the entry and exits.

SAFE ENTRY for Long Trades / Buy Order ( on 5 min chart )

First Setup ( Best Setup – Maybe able to catch moves of +50 to 150 pips )
For Long/ Buy
first you have to do is look at price, if price is above the Daily Pivot,
LaGuerre 1 (henceforth called as Lag1 ) is above 0.15 and going upwards ,
StochHistogram ( Henceforth called as Stoch) is gone from negative to positive ,
MACD has made a crossover to positive ( Crossover above Zero Line ) and
LaGuerre 2 ( Henceforth called as Lag2) is at the bottom ( for Extended Period of time ) or trending upwards above 0.15 .

Second Setup ( when Price is already climbing up ) – Maybe able to catch moves of +30 to +80 pips
For Long/ buy
LaGuerre 1 ( henceforth called as Lag1 ) is at or above 0.45 and going upwards ,
StochHistogram ( Henceforth called as Stoch) is gone from negative to positive and climbing
LaGuerre 2 ( Henceforth called as Lag2) is at 0.45 or above and trending up .
I don’t recommend to take any other long setup apart from this unless all the indicators are pointing in that direction. Check if 1min,5min and 15min Lags are in agreement to take trades apart from the ones mentioned above.

Exits for Long ( Multiple Options – Choose whichever option as per your Take Profit Level )
1. When Lag-2 crossed 1.00 and then starts to come down below 0.85
2. When you get +50 pips
3. Daily R1 – ( First Resistance above Daily Pivot )
4. Daily R2 – ( Second Resistance above Daily Pivot)
5. MACD crossover from Positive to Negative and Red lag is turning down
6. When Stoch Histogram goes from Positive to Negative, and Red Lag is pointing Down ( both conditions have to be
met , if not take 50% profit and let the trade run )
7. When the Stop Loss is hit ( 20 pips + Spread ) – This is likely to happen only if you have not taken the trade as per rules or taken a trade 30 mins before or within 30 mins of news
If anyone has more suggestions, kindly tell me so I can look into it and add to the exits.

SAFE ENTRY for Short Trades / Sell Order( on 5 min chart )

First Setup ( Best Setup – Maybe able to catch moves of +50 to 150 pips )
For Short/Sell :
LaGuerre 1( henceforth called as Lag1 ) is below 0.85 and going downwards ,
StochHistogram ( Henceforth called as Stoch) is gone from positive to negative ,
MACD has crossover to Negative from Positive ( Below Zero Lines )
LaGuerre 2 (Henceforth called as Lag2) is at the top ( for extended period of time ) or trending downwards below 0.85

 
Second Setup ( when Price is already climbing up ) – Maybe able to catch moves of +30 to +80 pips
For Shorts/Sell :
LaGuerre 1 ( henceforth called as Lag1 ) is at or below 0.45 and going downards ,
StochHistogram ( Henceforth called as Stoch) is gone from positive to negative and climbing down
LaGuerre 2 ( Henceforth called as Lag2) is at 0.45 or below and trending down.

Exits for Short /Sell ( Multiple Options – Choose whichever option as per your Take Profit Level )
1. When Lag-2 crossed 0.00 and then starts to come up to 0.15
2. When you get +50 pips
3. Daily S1 – ( First Support below Daily Pivot )
4. Daily S2 – ( Second Support below Daily Pivot)
5. MACD has crossed over to positive and red lag is turning up
6. When Stoch Histogram goes from negative to positive, and Red Lag is pointing up ( both conditions have to be
met , if not take 50% profit and let the trade run )
7. When the Stop Loss is hit ( 25 Pips including Spread ) – This is likely to happen only if you have not taken the trade
8. as per rules or taken a trade 30 mins before or within 30 mins of news

Stop Loss for all the entries for Long and Short is 20 pips plus spread from the best setup as per

rules.