Three independent systems
Trading systems which only work in one set of market conditions tend to fail when those conditions change. For example, a system that performs well in trending conditions may give back all of its gains when the market turns choppy.
This system contains three signal systems that work together, so you can adapt easily to changes in the market.
Each system generates signals only when its specific conditions are met, and does not generate signals if its conditions have not been met. The result is more opportunities to participate regardless of whether the markets are trending, choppy or reversing.
| Bollinger Breakout | MACD Dots | Bollinger Reversal |
|---|---|---|
| This signal system looks for low volatility conditions that have been sustained for a period of time. When volatility increases, it signals both long and short entries that typically indicate the beginning of rapid price movement in one direction. It generates 1-3 trades per week, per pair, and is primarily used on the GBPUSD, EURUSD, USDCHF and GBPUSD15-minute time frames. Approximately 15% of all signals are generated from this system. | The MACD Dots system is the everyday workhorse of the three systems, generating about 80% of the signals. It indicates reversals in range-bound markets and continuations in trending market conditions. On a 15 minute chart, it typically generates 2-4 trades per day. On longer term charts, such as 240 charts, it typically generates 1-2 signals a week. Testing has shown that its accuracy is unaffected by increasing time frames, which demonstrates a high degree of robustness. This system has tested well on any pair in the 15/60/240 minute, daily, and weekly timeframes without optimization. | This signal indicates a large and sudden market move followed by a rejection of further price movement. This system accounts for approximately 5% of the signals generated. In most cases, this is a news related reaction which moves too far, too fast. Like an airplane that stalls out when it goes vertical, price cannot continue to move without some retracement. This system works on any pair, any time frame, and is universally applied without any change in settings. Because it predicts a large reversal, which is statistically less accurate than a continuation signal (Bollinger Breakout System), it has a tight stop and an excellent risk:reward ratio. |
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One-on-one support
Currensys providespractically unlimited, individual, one-on-one support to help you understand how to trade the system by online chat, email, instant messenger and phone. The Currensys team believes the key to turning a solid system into a profitable one is getting the support necessary to be successful.
Rather than waiting for you to ask questions, you will receive, upon purchase, a 240 page user manual. Don’t worry because of its length, the rules are only about a page and there are lots of pictures.
Flexibility for multiple markets
Because the three signal systems are based on widely-used technical indicators, the overall system is robust enough to work across multiple currencies, multiple time frames and multiple markets. The back-testing and programming for the system has been designed for Forex, but there are several traders around the world who have successfully adapted the system to work on e-minis, futures and stocks.
Currensys Trading System Overview
Showroom recording
We demonstrate the Currensys system and trading methodology in action with real time charts and price action.
In this webinar we will explain you:
- how the system came into being
- the Currensys system (three programs acting as one) in detail
- the breakout, reversal and dot system
- why the system has performed for the last 7 years and still performing today
- examples of the systems in action with real time positions
- our unlimited training and live trading room
Watch this 5-minute system overview video to understand better the service:
These 3 videos will explain you the 3 systems available:
Bollinger Breakout System
MACD Dot System
Bollinger Reversal System
On which time frames does the system work?
The CurrenSys Trading Systems consists of 3 distinct subsystems that reside on the chart together. Each looks at the market in a completely different manner and attempts to capitalize on the various scenarios that we experience.
The system will work on any currency and any time frame with little to no change in settings. In situations where setting changes are required, the values are provided. We primarily trade and tested the system on Forex, but users have applied the system to stocks, futures, and e- minis and have reported good results. There are 5 generally accepted time frames. These are the 5, 15, 60, and 240 minute charts as well as the daily charts. One or more of these time frames will fit most trading schedules and time zones as well as trader preferences.
How are the signals generated?
The MACD and Reversal systems place a small dot above or below the appropriate candle, while the breakout system draws a short horizontal line at the breakout price. All of the indicators necessary to make decisions are already programmed into the dots or lines. They are color coded to address the various market conditions in which they reside.
What type of markets does the system trade?
The MACD Dots seek to buy dips in an uptrend, sell peaks in a downtrend, buy low/sell high in choppy markets while avoiding signals in flat markets. The Reversal Dots are designed to identify statistical turns in the market following extreme moves. The Breakouts signal opportunity as the market explodes from periods of consolidation. Each system simultaneously resides on the chart and will decide when it meets the appropriate market conditions.
What are the systems performance statistics?
There are 3 systems, 5 time frames, and approximately 30 currency pairs. That’s 450 equity curves! Since the system is not automated, it would take us months to generate the curves and when finished, it would be time to start over again. To give people a sense of the system, we generally pick a few charts from the 240 minute time frame because it is somewhere in between the shortest and longest times we recommend for use. We also generally pick cross pairs because they have higher spreads, move less, and considered more difficult to master. Our belief is that, if successful, these results will serve as a proxy for other currencies and time frames that are generally considered more conducive to trading. The best way to view performance statistics is to go over what we would consider an average result.
The following curve and statistics are from the last 100 trades on the 240 minute GBPJPY chart. We chose this pair because it is often considered “too tough to tame.” The time span covers an unprecedented level of unwinding of the carry trade as well as the global financial meltdown. The combination of these events makes a great case study.
The trading period covers almost 18 months of trading and ends on the day captured this screen shot. You can see that it has wins, losses, profit, drawdown, and periods of non-growth. In other words, it is real life trading. This curve trades a single contract, is not optimized, and has no position sizing whatsoever. Presumably the application of position sizing would make this curve even better.
Why is the system not available for Metatrader?
We are not yet comfortable that this platform is stable enough for our program code. We are continuously testing Metatrader and other platforms for reliable compatibility with CurrenSys.
What kind of support do you offer?
A well documented system shouldn’t require extensive support but it’s nice to know that support exists when it’s needed. Your learning curve may be steep initially but that is temporary and within a short period of time you should have learned most, if not all, that is needed to trade well. But, sometimes life gets in the way of trading and you have to put it aside for a period of time. The necessary support should still be available to you. You want to have a sense that the seller cares about your success and caring shouldn’t have an expiration date.
The support you get is on-on-one, and has no expiration date or monthly fees. We’ve even had customers leave trading for a while and come back much later. They were supported as if they never left. We are obsessed with answering all our emails promptly.
Support is offered by live webchat, email, IM, Skype, and phone.
