MODIFIED CSR100

As I promised, today we go to the next level. Merging two indi principle MT4, Moving Average (62 EMA) and the Awesome Oscillator (AO) with CSR100. I call this merging Modified CSR100 (MCSR100).
Just for info,CSR100 is based on pure Price Action -----> Leading Indicator.
AO 62 EMA and also is based on data2 (history) previously -------> Lagging Indicator (AO = Repaint)
Setting for indi in MT4
1. EMA 62 ---> 62 Exponential Moving Average (Close)2. AO ------> Bill Williams Awesome Oscillator.
Function 62 EMA and AO
1. 62 EMA ------> 62 EMA primary function is to help us know for sure the direction of the trend so on to make sure we "Trade with the Trend". It is also very effective to act as "Support and Resistance"
2. AO -----> AO function is as a filter / confirmation for anything Trade. It also serves to help us see the "divergence" is there beyond signaling the beginning there has been a "trend reversal" or something we are still in the trend - "trend continuation".
Semuga merger "Leading and Lagging" indicator is in MCSR100, can help facilitate our trading and also help to us "lurking peluang2 or SETUP" there.

Rules or strategy MCSR100
Highly Effective At TF 1 Hr (tf 15m kadang2 ok gak)
1. Price above 62 EMA -------> Uptrend (Buy / Long Aja)2. Price below 62 EMA ------> Downtrend (Sell / Short Aja)
Downtrend (sell aja)
Enter Post ------> Wait for the SBR, enter short if the price bounces off SBR or 62 EMA. If the position of SBR and 62 EMA are in the same position, or almost, this indicates "Strong Resistance" and the best opportunity to enter the post sell / short.
Target Profit
TP 1 -----> Lowest Point (Support after the breakout)TP 2 or TP 3 ------> Because we trade with the TREND, the possibility to break Lowest price point (latest support) and make a new low is high. Here the AO function play a role for us memaksimakan TP (profits). Close sell when the AO switch from red to green or when the "divergence". Trailing Stop (TS) may also be used. Sentiasa move SL few pips above the 62 EMA after breakeven.
Stop Loss (SL) ------> A few pips above SBR or 62 EMA.
For Uptrend is the opposite.
Refer to Chart below for a clearer picture.
Chart GU TF 1 HR.

from blog:  http://notaforexku.blogspot.co.id/2011/08/modified-csr100.html