Synergy method
Transcript of Synergy method
SSYYNNEERRGGYY 22..00
TTrraaddiinngg MMeetthhoodd
Advanced Training
Presented by
Compass Foreign Exchange, LLC.
www.compassfx.com
Dear Trader, Advanced Synergy 2.0 offers traders a user-friendly sophisticated trading edge designed to prompt traders when multiple facets of the market are in complimentary consensus. The Synergy trading method is used by Forex traders around the world with much acclaim:
"The method you shared over two days was everything you stated and more. The indicators and method may be the best I've been exposed to since I started trading Forex 3 ½ years ago!" ~ G.R., Phoenix, AZ
“I have never been able to gain such consistency until this method...the simplicity and conservative approach to taking a trade. Finally, an approach to trading that is working for me.” ~ K.K., Detroit, MI
"The one thing I really like about the Synergy method is the entry and exit rules."
~ B.J., Kansas City, MO
"I use the Advanced Synergy as my main Forex trading tool." ~ M.M., Sao Paulo, Brazil
Okay, it’s your turn! You’ve traded your valuable time to learn a system that traders enjoy using. Our commitment to you is to show you what we know and provide the support you may need – it’s your choice to make the Advanced Synergy 2.0 work for you!
~ CompassFX Team
© 2008 Compass Foreign Exchange, LLC. All rights reserved. *Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading. Unique experiences and past performances do not guarantee future results! Testimonials herein are unsolicited and are non-representative of all clients; certain accounts may have worse performance than that indicated. Trading stocks, futures, options and foreign exchange spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss. Forex, futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the foreign exchange, futures and options markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks, futures, options, and foreign exchange spot currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed within this document. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. CompassFX receives a volume based referral fee for its services. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors. CompassFX and its affiliates assume no responsibility for errors, inaccuracies or omissions in these materials. They do not warrant the accuracy or completeness of the text, information, graphics, links or other items contained within these materials. CompassFX and its affiliates shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. This is not a solicitation to buy or sell currency in the spot Forex market.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 1
© CompassFX, 2008www.compassfx.com
Presented by Dean Malonewww.compassfx.com
AdvancedAdvancedSYNERGY 2.0SYNERGY 2.0Trading Method Trading Method
2© CompassFX, 2008www.compassfx.com
Risk DisclaimerRisk DisclaimerTrading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your monetary objectives,level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate withcapital that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor ifyou have any doubts. Past returns are not indicative of future results.
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.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 3
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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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Price Action
Support &Resistance
Volatility MarketStrength
Momentum
TrendRange
MTF
Advanced Advanced SYNERGY SYNERGY
2.0 2.0
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 4
© CompassFX, 2008www.compassfx.com
SYNERGY SYNERGY Trading Method Trading Method
““Basic TechniquesBasic Techniques””
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1. Price action2. Trend3. Momentum 4. Strength
SYNERGY MethodSYNERGY Method
There are 4 primary market conditions in a potential trade:
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 5
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Average Price Bars Price Action ChannelPrice Action & Trend
Momentum & Strength Traders Dynamic Index
SYNERGY MethodSYNERGY Method
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Average Price Bars (APB)
Price Action Channel (PAC)
Traders Dynamic Index (TDI)
SYNERGY MethodSYNERGY MethodBasic Chart SetupBasic Chart Setup
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 6
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Average Price BarsAverage Price Bars
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Provide a better depiction of current market.
Eliminate fluctuations of nominal price action.
Remove the noise of price distortion.
Maintain focus on the underlying trend.
Reveal market strength & consolidation.
Average Price BarsAverage Price Bars
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 7
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APB vs. CandlesticksAPB vs. Candlesticks
Typical Japanese Candlesticks
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False exit points!
APB vs. CandlesticksAPB vs. Candlesticks
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 8
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Blue and Red Average Price Bars overlaid on typical
candlesticks.
No false exit points …just trending price
bars!
APB vs. CandlesticksAPB vs. Candlesticks
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Average Price Bars with candlesticks
removed!
APB vs. CandlesticksAPB vs. Candlesticks
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 9
17© CompassFX, 2008www.compassfx.com
Average Price BarsAverage Price BarsLong Candle Short Candle
haOpen
haOpen
haClose
haClose
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Average Price BarsAverage Price BarsLong Candle
haOpen
haClose Blue Candles signify an uptrend.
Blue candles with no lower wick indicates a strong uptrend.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 10
19© CompassFX, 2008www.compassfx.com
Average Price BarsAverage Price BarsShort Candle
haOpen
haClose
Red candles signify a downtrend.
Red candles with no upper wick indicates a strong downtrend.
20© CompassFX, 2008www.compassfx.com
Average Price BarsAverage Price Bars
haOpen
haClose haOpen
haClose
Short CandleLong Candle
Small Body candlesSmall Body candles
A candle with a “small body” surrounded by upper and lower wicks indicates a trend change or possible reversible. Consider exiting if in a position, or waiting
for confirmation to enter.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 11
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Average Price BarsAverage Price Bars
Positive bars mean “BUY”
Negative bars mean “SELL”
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Average Price BarsAverage Price Bars
Shorter bar than previous bar is an
“indication of Change”
A very short bar means
“Change of Trend”
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 12
23© CompassFX, 2008www.compassfx.com
““HowHow--To ReadTo Read”” Synergy Synergy Average Price BarsAverage Price Bars
Very small red candle with long upper and lower wicks
Small red candles with upper and lower wicks
Red candle bodies get smaller, upper wick appears
Descending long red candles with no upper wicks
Descending red candles
Short Trend Entry Exit
Change of Trend
Consolidation
Weak
Strong
Normal
Trend Type
Very small blue candle with long upper and lower wicks
Small blue candles with upper and lower wicks
Blue candle bodies get smaller, lower wick appears
Ascending long blue candles with no lower wicks
Ascending blue candles
Long Trend
24© CompassFX, 2008www.compassfx.com
““CountingCounting””Average Price BarsAverage Price Bars
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 13
25© CompassFX, 2008www.compassfx.com
1. Check the difference between the HA_Open & HA_Close.
2. 3 – 10 pips difference depending on the time frame.
3. Count the first Average Price Bar (APB) when #2 is satisfied.
4. Once you start a count, continue the count even if a candle does not satisfy #2.
5. Look to enter a trade between APBs 1, 2, 3.
6. Possible to enter trade on APB 4, if all indicators are good.
7. Look to scale out or potential exit between APBs 5 - 8.
Counting APBsCounting APBs
26© CompassFX, 2008www.compassfx.com
Counting APBsCounting APBs
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 14
27© CompassFX, 2008www.compassfx.com
Counting APBsCounting APBs1 2 3 4 56
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Counting APBsCounting APBs1 2 3 4 56
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After 5-8 APBs & outside of PAC…
Price is King!
After 5-8 APBs & outside of PAC…
Price is King!
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 15
29© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_HeikenAshi
1. Apply a “Synergy_basic” or “Synergy_2”template to a chart.
2. Double click on Synergy_HeikenAshi in the Custom Indicator folder found in the Navigator window.
Average Price BarsAverage Price Bars
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Applying APB IndicatorApplying APB Indicator
1. Go to Navigator window > Custom Indicators > Synergy_HeikenAshi
2. Double left click to attach to chart.
3. Click on “OK”.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 16
31© CompassFX, 2008www.compassfx.com
1. Blue candles with no lower wicks = good uptrend.
2. Red candles with no upper wicks = good downtrend.
3. An Average Price Bar with a small body with upper and lower wicks indicates a possible trend change.
4. To reduce risk, wait for confirmation by monitoring HA_Close.
Remember, using Average Price Bars helps to avoid false exit signals!
Average Price BarsAverage Price Bars
32© CompassFX, 2008www.compassfx.com
Price Action ChannelPrice Action Channel
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 17
33© CompassFX, 2008www.compassfx.com
Price Action ChannelPrice Action Channel
Provides overall trend direction.
Reveals periods of consolidation.
Used primarily as an Entry tool.
Can be used as a Trailing Stop.
34© CompassFX, 2008www.compassfx.com
Traditional channels, such as Linear Regression and Keltner, set outside of
current price activity.
Used to determine upper and lower boundaries and signal potential
reversal or breakout.
Traditional channels can cause “reactive” trading!
PAC vs. Traditional PAC vs. Traditional ChannelsChannels
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 18
35© CompassFX, 2008www.compassfx.com
Price Action Channel sets inside of price movement…instead of outside of price
waiting for the market.
Used by institutional traders and sophisticated trading programs.
Promotes “responsive” trading!
PAC vs. Traditional PAC vs. Traditional ChannelsChannels
36© CompassFX, 2008www.compassfx.com
Price Action ChannelPrice Action Channel
5 period Smooth MA = Low price.
5 period Smoothed MA = High price.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 19
37© CompassFX, 2008www.compassfx.com
Price Action ChannelPrice Action Channel
Buy Entry = HA_Close > PAC High
““Long Entry Condition for PACLong Entry Condition for PAC””
38© CompassFX, 2008www.compassfx.com
Price Action ChannelPrice Action Channel““Short Entry Condition for PACShort Entry Condition for PAC””
Sell Entry = HA_Close < PAC Low
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 20
39© CompassFX, 2008www.compassfx.com
““Stay the TradeStay the Trade””
Long TrendAverage Price Bars tend to rise above and run on
top of channel.
Short TrendAverage Price Bars tend to drop below and run
on bottom of channel.
40© CompassFX, 2008www.compassfx.com
Positive bars riding the top of the Price Action
Channel
““Buy Long TrendBuy Long Trend””
Nice upward trend of the Price Action
Channel.
““Stay the TradeStay the Trade””
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 21
41© CompassFX, 2008www.compassfx.com
Negative bars riding the bottom of the Price
Action Channel
““Sell Short TrendSell Short Trend””
Nice downward trend of the Price Action
Channel.
““Stay the TradeStay the Trade””
42© CompassFX, 2008www.compassfx.com
Traders Dynamic IndexTraders Dynamic Index
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 22
43© CompassFX, 2008www.compassfx.com
A hybrid indicator developed to indicate market conditions related to
trend direction, momentum, and market volatility.
An “all-in-one” indicator!
Traders Dynamic IndexTraders Dynamic Index
44© CompassFX, 2008www.compassfx.com
Traders Dynamic IndexTraders Dynamic IndexThe Lines of the TDIThe Lines of the TDI
GreenGreen line … RSI Price Line 68 upper level lineRedRed line … Trade Signal Line 50 mid level lineYellowYellow line … Market Base Line 32 lower level lineBlueBlue lines … Volatility Band
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 23
45© CompassFX, 2008www.compassfx.com
RSI Price (Green) LineRSI Price (Green) Line
Rules: Trade Long whenRules: Trade Long when RSI PL RSI PL > 50.> 50.Trade Short whenTrade Short when RSI PLRSI PL < 50.50.
Traders Dynamic IndexTraders Dynamic Index
46© CompassFX, 2008www.compassfx.com
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 IndexTraders Dynamic Index
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 24
47© CompassFX, 2008www.compassfx.com
RSI Price (Green) LineRSI Price (Green) Line
Green Green > 68 > 68 …… Buying momentum will slow & reverse.Buying momentum will slow & reverse.Green Green < 3232 …… Selling momentum will slow & reverse.Selling momentum will slow & reverse.
68 line = Buying exhaustion
32 line = Selling exhaustion
Traders Dynamic IndexTraders Dynamic Index
48© CompassFX, 2008www.compassfx.com
RSI Price Line compared to Price ActionRSI Price Line compared to Price Action
Traders Dynamic IndexTraders Dynamic Index
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 25
49© CompassFX, 2008www.compassfx.com
Trade Signal (Red) LineTrade Signal (Red) Line
Rules: Trade Long whenRules: Trade Long when RSI PLRSI PL >> TSL. TSL. Trade Short whenTrade Short when RSI PLRSI PL < < TSL. TSL.
Note: Note: Less risk when Less risk when RSI PLRSI PL && TSLTSL are both > or < 50are both > or < 50
Traders Dynamic IndexTraders Dynamic Index
50© CompassFX, 2008www.compassfx.com
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 Long whenTrade Long when RSI PLRSI PL is >is > MBL.MBL.Trade Short whenTrade Short when RSI PLRSI PL is <is < MBL.MBL.
Traders Dynamic IndexTraders Dynamic Index
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 26
51© CompassFX, 2008www.compassfx.com
Market Base Line compared to Price ActionMarket Base Line compared to Price Action
Traders Dynamic IndexTraders Dynamic Index
52© CompassFX, 2008www.compassfx.com
Market Base Line forecastsMarket Base Line forecasts Market ReversalsMarket Reversals
Traders Dynamic IndexTraders Dynamic Index
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 27
53© CompassFX, 2008www.compassfx.com
Volatility Band (Blue) LinesVolatility Band (Blue) Lines
Rules: Possible to add to a Long whenRules: Possible to add to a Long when RSI PLRSI PL is >is > VB. VB. Possible to add to a Short whenPossible to add to a Short when RSI PLRSI PL is <is < VB. VB. Consider exit whenConsider exit when RSI PLRSI PL crosses back overcrosses back over VB.VB.
Traders Dynamic IndexTraders Dynamic Index
54© CompassFX, 2008www.compassfx.com
Volatility Bands compared to Intraday Price ActionVolatility Bands compared to Intraday Price Action
Tight Volatility Band
Tight Price Range
Traders Dynamic IndexTraders Dynamic Index
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 28
55© CompassFX, 2008www.compassfx.com
Treat the TDI as your “Trading Buddy” to inform and/or confirm price action.
Confirm Entry and Exit conditions.
Determine Positive or Negative sentiment.
Look for Bullish and Bearish Divergence.
Trading TDITrading TDI
56© CompassFX, 2008www.compassfx.com
Trading TDITrading TDI
Use the Green line of the TDI as market sentiment compared to Price activity when considering Bullish Divergence. Bullish Divergence
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 29
57© CompassFX, 2008www.compassfx.com
Trading TDITrading TDI
Use the Green line of the TDI as market sentiment compared to Price activity when considering Bearish Divergence.
Bearish Divergence
58© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_TDI
1. Apply a “Synergy_basic” or “Synergy_2”template to a chart.
2. Double click on Synergy_TDI in the Custom Indicator folder found in the Navigator window.
Applying TDIApplying TDI
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 30
59© CompassFX, 2008www.compassfx.com
1. Go to Navigator window > Custom Indicators > Synergy_TDI
2. Double left click to attach to chart.
3. Click on “OK”.
Applying TDIApplying TDI
60© CompassFX, 2008www.compassfx.com
Automatically applies internal parameters according to currency pair and time frame.
TDI Fast – an “On / Off” setting to run a faster version of the Traders Dynamic Index.
Applying TDIApplying TDI
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 31
61© CompassFX, 2008www.compassfx.com
TDI vs. Fast TDITDI vs. Fast TDI
Fast TDI
62© CompassFX, 2008www.compassfx.com
SYNERGY SYNERGY Trading MethodTrading Method
““Basic Entry RulesBasic Entry Rules””
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 32
63© CompassFX, 2008www.compassfx.com
Long Entry: (All conditions are satisfied.)1. APB haClose > PAC High Moving Average.2. 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. PAC trending down.3. TDI = RSI PL < 50, TSL, and MBLMBL.
SYNERGY MethodSYNERGY MethodBasic Entry RulesBasic Entry Rules
64© CompassFX, 2008www.compassfx.com
Traders Dynamic Index (TDI)
• Long entry = RSI PL > 50, TSL, and MBLMBL.
• Consider adding to a Long position if:Green > upper Volatility Band & > 50, but < 68.
• Avoid entering a Long position if:Green > upper Volatility Band, > 50, and > 68.
SYNERGY MethodSYNERGY Method
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 33
65© CompassFX, 2008www.compassfx.com
Traders Dynamic Index (TDI)
• Short entry = RSI PL < 50, TSL, and MBLMBL.
• Consider adding to Short if: Green < lower Volatility Band & < 50, but > 32.
• Avoid entering a Short position if:Green < lower Volatility Band, < 50, and < 32.
SYNERGY MethodSYNERGY Method
66© CompassFX, 2008www.compassfx.com
SYNERGYSYNERGYTrading MethodTrading Method
““Basic Exit RulesBasic Exit Rules””
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 34
67© CompassFX, 2008www.compassfx.com
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. RSI PL crosses back below TSL to the downside. 2. RSI PL > 68 [5-minute chart]3. RSI PL crosses back below the upper Volatility Band.
SYNERGY MethodSYNERGY Method
68© CompassFX, 2008www.compassfx.com
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. RSI PL crosses back over the TSL to the upside. 2. RSI PL < 32 [5-minute chart]3. RSI PL crosses back above the lower Volatility Band.
SYNERGY MethodSYNERGY Method
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 35
69© CompassFX, 2008www.compassfx.com
SYNERGYSYNERGYTrading MethodTrading Method
““Scale Out ExitScale Out Exit””
70© CompassFX, 2008www.compassfx.com
SYNERGY MethodSYNERGY MethodThree lower Highs in a row indicate a potential
“Scale out” for a Long trade.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 36
71© CompassFX, 2008www.compassfx.com
SYNERGY MethodSYNERGY Method“Scale out” examples of a Long trade.
72© CompassFX, 2008www.compassfx.com
SYNERGY MethodSYNERGY MethodThree higher Lows in a row indicate a potential
“Scale out” for a Short trade.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 37
73© CompassFX, 2008www.compassfx.com
SYNERGY MethodSYNERGY Method“Scale out” examples of a Short trade.
© CompassFX, 2008www.compassfx.com
SYNERGY 2.0SYNERGY 2.0Trading Method Trading Method ““Advanced TechniquesAdvanced Techniques””
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 38
75© CompassFX, 2008www.compassfx.com
Price Action
Support &Resistance
Volatility MarketStrength
Momentum
TrendRange
MTF
SYNERGY 2.0 SYNERGY 2.0
76© CompassFX, 2008www.compassfx.com
1. Price action2. Market Strength3. Momentum4. Trend5. Support & Resistance6. Volatility 7. Range8. Continuation9. Multiple Time Frames
SYNERGY 2.0SYNERGY 2.0Advanced TechniquesAdvanced Techniques
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 39
77© CompassFX, 2008www.compassfx.com
Volatility
Range
Continuation
Dynamic Support and Resistance
MTF
78© CompassFX, 2008www.compassfx.com
Average Price Bars (APB)
Price Action Channel (PAC)
Traders Dynamic Index (TDI)
Dynamic Support / ResistanceVolatility Range FactorContinuationMTF (Multiple Time Frame)
SYNERGY 2.0SYNERGY 2.0Advanced Chart SetupAdvanced Chart Setup
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 40
79© CompassFX, 2008www.compassfx.com
Dynamic Support Dynamic Support ResistanceResistance
80© CompassFX, 2008www.compassfx.com
Dynamic Support Dynamic Support ResistanceResistance
Primarily used as an intraday trading tool.
Dynamic S/R changes levels of S/R in harmony with current price activity unliketypical S/R levels remaining constant thruthe day such as Daily H/L or Pivot levels.
The unique design of the Dynamic S/R provides an effective interpretation of price behavior.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 41
81© CompassFX, 2008www.compassfx.com
Dynamic Support Dynamic Support ResistanceResistance
Acts similar to typical S/R levels.
During market congestion, Dynamic S/Rlevels will tighten toward each other.
During trends, Dynamic S/R can beused to determine appropriate areas to enter a new position, exit a position or addto an existing position.
82© CompassFX, 2008www.compassfx.com
Dynamic Support Dynamic Support ResistanceResistance
Dynamic Resistance
Dynamic Support
Dynamic Mean
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 42
83© CompassFX, 2008www.compassfx.com
Dynamic Resistance
1. Potential Long target from Dynamic Mean.
2. Look for a possible Bounce to the downside.
3. Look for possible Break above.
4. If a Break above…a. Consider waiting for a retest.
b. Consider adding to Long position.
Trading Dynamic S / RTrading Dynamic S / R
84© CompassFX, 2008www.compassfx.com
Trading Dynamic S / RTrading Dynamic S / R
Trade Long
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 43
85© CompassFX, 2008www.compassfx.com
Trading Dynamic S / RTrading Dynamic S / R
Bounce off Resistance
86© CompassFX, 2008www.compassfx.com
Trade Long & Add
Trading Dynamic S / RTrading Dynamic S / R
Trade Long & Add
Break of Dynamic Resistance
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 44
87© CompassFX, 2008www.compassfx.com
Trading Dynamic S / RTrading Dynamic S / R
Trade Long after Break of Resistance
Break of Dynamic Resistance
88© CompassFX, 2008www.compassfx.com
Dynamic SupportDynamic Support
Dynamic Support
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 45
89© CompassFX, 2008www.compassfx.com
Dynamic Support
1. Potential Short target from Dynamic Mean.
2. Look for a possible Bounce to the upside.
3. Look for possible Break below.
4. If a Break below…a. Consider waiting for a retest.
b. Consider adding to Short position.
Trading Dynamic S / RTrading Dynamic S / R
90© CompassFX, 2008www.compassfx.com
Trade Short
Trading Dynamic S / RTrading Dynamic S / R
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 46
91© CompassFX, 2008www.compassfx.com
Trading Dynamic S / RTrading Dynamic S / R
Bounce off Support
92© CompassFX, 2008www.compassfx.com
Trading Dynamic S / RTrading Dynamic S / R
Trade Short & Add
Break below Dynamic Support
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 47
93© CompassFX, 2008www.compassfx.com
Dynamic MeanDynamic Mean
Dynamic Mean
94© CompassFX, 2008www.compassfx.com
Dynamic Mean
1. When price is Above…trade Long.
2. When price is Below…trade Short.
3. Avoid trading Long if price below it.
4. Avoid trading Short if price above it.
Trading Dynamic S / RTrading Dynamic S / R
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 48
95© CompassFX, 2008www.compassfx.com
Trading Dynamic S / RTrading Dynamic S / R
Dynamic Mean 1. Price is above … look to trade long. 2. Price is below … look to trade short.3. Avoid trading Long if below it.4. Avoid trading Short if above it.
Dynamic ResistanceBreak above = Trade Long or add to
existing Long position.
Dynamic Support Break below = Trade Short or add to
existing Short position.
96© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_DSR
1. Apply a “Synergy_2” template to a chart.
2. Double click on Synergy_DSR in the Custom Indicator folder found in the Navigator window.
Dynamic S / RDynamic S / R
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 49
97© CompassFX, 2008www.compassfx.com
Applying Dynamic S / RApplying Dynamic S / R
1. Go to Navigator window > Custom Indicators > Synergy_DSR.
2. Double left click to attach to chart.
3. Click on “OK”.
98© CompassFX, 2008www.compassfx.com
Comparing DSR LevelsComparing DSR Levels
Dynamic Support
Dynamic Resistance
5 MinuteChart
1 HourChart
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 50
99© CompassFX, 2008www.compassfx.com
VolatilityVolatility
100© CompassFX, 2008www.compassfx.com
VolatilityVolatility
The statistical measure of rate of change in price activity from one period to the next or over a period of time intervals.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 51
101© CompassFX, 2008www.compassfx.com
VolatilityVolatility
Primarily used as a filter to determine strength or weakness of price activity.
Designed to illustrate periods of low market volatility which helps to eliminate
possible trade entries in periods of market doldrums.
102© CompassFX, 2008www.compassfx.com
When buyers buy Long more and more in the market, prices activity increases
causing Volatility to rise.
When buyers stop buying and start closing their positions, price activity decreases
causing Volatility to decline.
VolatilityVolatility
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 52
103© CompassFX, 2008www.compassfx.com
When sellers sell Short more and more in the market, price activity increases
causing Volatility to rise.
When sellers stop short selling and start closing their positions, price activity falls
causing Volatility to decrease.
VolatilityVolatility
104© CompassFX, 2008www.compassfx.com
VolatilityVolatility
High volatility:High volatility:Rising Volatility lineabove red line.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 53
105© CompassFX, 2008www.compassfx.com
VolatilityVolatility
Low volatility:Low volatility:Falling Volatility lineabove red line.
106© CompassFX, 2008www.compassfx.com
VolatilityVolatility
Zero volatility:Zero volatility:Volatility line belowthe red line.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 54
107© CompassFX, 2008www.compassfx.com
Trading VolatilityTrading Volatility
High VolatilityHigh Volatility
Entering Long or Short: Look for rising Volatility line.
Entering Long or Short: Look for rising Volatility line.
108© CompassFX, 2008www.compassfx.com
Trading VolatilityTrading Volatility
Low VolatilityLow Volatility
Exiting Long or Short: Look for falling Volatility line.
Exiting Long or Short: Look for falling Volatility line.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 55
109© CompassFX, 2008www.compassfx.com
Trading VolatilityTrading Volatility
Zero VolatilityZero Volatility
Avoid trading during Zero Volatility!Avoid trading during Zero Volatility!
110© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_Volatility
1. Apply a “Synergy_2” template to a chart.
2. Double click on Synergy_Volatility in the Custom Indicator folder found in the Navigator window.
VolatilityVolatility
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 56
111© CompassFX, 2008www.compassfx.com
1. Go to Navigator window > Custom Indicators > Synergy_Volatility.
2. Double left click to attach to chart.
3. If desired, double left click on MyLevel value and enter value.
4. Click on “OK”.
Applying VolatilityApplying Volatility
112© CompassFX, 2008www.compassfx.com
Automatically adjust Volatility red line levelaccording to currency pair and time frame.
Option: Selectable red line settings from the Inputs window as “MyLevel”.
Applying VolatilityApplying Volatility
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 57
113© CompassFX, 2008www.compassfx.com
Volatility default settings GBP, EUR, and CHF:
1 Minute chart = 0.0001
5 Minute chart = 0.0002
15 Minute chart = 0.0004
30 Minute chart = 0.0006
1 Hour chart = 0.0008
4 Hour chart = 0.0014
Daily = 0.005
Applying VolatilityApplying Volatility
114© CompassFX, 2008www.compassfx.com
Volatility default settings JPY:
1 Minute chart = 0.01
5 Minute chart = 0.02
15 Minute chart = 0.04
30 Minute chart = 0.06
1 Hour chart = 0.08
4 Hour chart = 0.14
Daily = 0.5
Applying VolatilityApplying Volatility
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 58
115© CompassFX, 2008www.compassfx.com
Range FactorRange Factor
116© CompassFX, 2008www.compassfx.com
Range FactorRange Factor
Primarily used as filter to determine if price is in a range of inactivity.
Designed to avoid trading in periods of inactivity and tight choppy markets.
The unique design of the Range Factor helps to eliminate trade entries due toindecision or lack of discipline.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 59
117© CompassFX, 2008www.compassfx.com
Range FactorRange FactorCompare the Range Factor of different time frames to determine potentialstrength of market direction.
Be aware of varying market directions on smaller and larger times frames.
Acts similar to the zero line of a MACD to show which side of the market to trade.
118© CompassFX, 2008www.compassfx.com
Long outlook ─ Rising RF line above upper blue line.
Short outlook ─ Falling RF line below bottom blue line.
Range-bound outlook ─ RF line between blue lines.
Range FactorRange Factor
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 60
119© CompassFX, 2008www.compassfx.com
Trading Range FactorTrading Range FactorTrade Long: Range Factor Line rises above the top blue line.
Trade Short: Range Factor Line drops below bottom blue line.
Avoid Trading: Range Factor Line between blue lines.
120© CompassFX, 2008www.compassfx.com
Range-bound…no tradeRange-bound…no tradeTrade LongTrade Long
Trading Range FactorTrading Range Factor
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 61
121© CompassFX, 2008www.compassfx.com
Range-bound…no tradeRange-bound…no tradeTrade ShortTrade Short
Trading Range FactorTrading Range Factor
122© CompassFX, 2008www.compassfx.com
Trading Range FactorTrading Range Factor30 Minute Chart30 Minute Chart 4 Hour Chart4 Hour Chart
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 62
123© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_RangeFactor
1. Apply a “Synergy_2” template to a chart.
2. Double click on Synergy_RangeFactor in the Custom Indicator folder found in the Navigator window.
Range FactorRange Factor
124© CompassFX, 2008www.compassfx.com
Applying Range FactorApplying Range Factor
1. Go to Navigator window > Custom Indicators > Synergy_RangeFactor.
2. Double left click to attach to chart.
3. If desired, double left click MyRange value, and enter value of choice.
4. Click on “OK”.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 63
125© CompassFX, 2008www.compassfx.com
Automatically adjust RF blue line levelsaccording to currency pair and time frame.
Option: Selectable blue line settings from the Inputs window as “MyRange”.
Applying Range FactorApplying Range Factor
126© CompassFX, 2008www.compassfx.com
Range Factor default settings:
1 Minute chart = 0.01
5 Minute chart = 0.02
15 Minute chart = 0.04
30 Minute chart = 0.06
1 Hour chart = 0.08
4 Hour chart = 0.14
Daily = 0.4
Applying Range FactorApplying Range Factor
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 64
127© CompassFX, 2008www.compassfx.com
ContinuationContinuation
128© CompassFX, 2008www.compassfx.com
ContinuationContinuation
A moving average of the Average Price Bars.
An indication of continued market momentum.
Designed to provide a view of possible trend continuation in order to stay in a trade longer.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 65
129© CompassFX, 2008www.compassfx.com
Trading ContinuationTrading Continuation
Possible Exits
Continuation
130© CompassFX, 2008www.compassfx.com
Trading ContinuationTrading Continuation
Possible Exit
Continuation
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 66
131© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_Continuation
1. Apply a “Synergy_2” template to a chart.
2. Double click on Synergy_Continuation in the Custom Indicator folder found in the Navigator window.
ContinuationContinuation
132© CompassFX, 2008www.compassfx.com
Applying ContinuationApplying Continuation
1. Go to Navigator window > Custom Indicators > Synergy_Continuation
2. Double left click to attach to chart.
3. Adjust values of MA_Method and MA_Period, if desired.
4. Click on “OK”.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 67
133© CompassFX, 2008www.compassfx.com
Input the Moving Average method. Default Setting = 00 = SMA, 1 = EMA
Input the Moving Average period. Default setting = 2.0
Applying ContinuationApplying Continuation
134© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 68
135© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
A multiple time frame indicator designed solely to monitor the Advanced Synergy
conditions of other time frames.
136© CompassFX, 2008www.compassfx.com
Synergy MTF is an optional indicator.
When applied to a chart, it updates in real-time the normal Advanced Synergy conditions of other time frames for that
specific currency pair.
Synergy MTFSynergy MTF
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 69
137© CompassFX, 2008www.compassfx.com
It does not affect the Synergy Trade Signal or other Advanced Synergy indicators when applied to a chart.
It is intended for traders who prefer to trade knowing the current status of other
time frames.
Synergy MTFSynergy MTF
138© CompassFX, 2008www.compassfx.com
Illustrates the current status, tick-by-tick, of other time frames by showing 1 of 5 market conditions:
– Average Price bar is blue.
– Average Price bar is red.
– Green arrow indicating a Buy / Long condition.
– Red arrow indicating a Sell / Short condition.
or – Yellow arrow indicating slow momentum.
Synergy MTFSynergy MTF
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 70
139© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
140© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
USDCHF 4-hour chart
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 71
141© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
Blue APB on 5 minute chart
142© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
Blue APB on 15 minute chart
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 72
143© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
Red APB on 30 minute chart
144© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
Red APB on 1 hour chart
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 73
145© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
Yellow arrow on 4 hour chart
146© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
Green arrow on Daily chart
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 74
147© CompassFX, 2008www.compassfx.com
Synergy MTFSynergy MTF
Blue APB on Weekly chart
148© CompassFX, 2008www.compassfx.com
Trading Synergy MTFTrading Synergy MTF
Step 1Consider your trading style: Scalper, Active, Conservative, or Position.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 75
149© CompassFX, 2008www.compassfx.com
Trading Synergy MTFTrading Synergy MTF
Step 2Consider the Synergy rules on the current time frame.
150© CompassFX, 2008www.compassfx.com
Trading Synergy MTFTrading Synergy MTF
Step 3Consider a higher time frame for overall trend direction.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 76
151© CompassFX, 2008www.compassfx.com
Trading Synergy MTFTrading Synergy MTF
Step 4Consider lower time frames for Entry / Exit warning.
152© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_MTF
1. Apply a “Synergy_2” template to a chart.
2. Double click on Synergy_MTF in the Custom Indicator folder found in the Navigator window.
Synergy MTFSynergy MTF
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 77
153© CompassFX, 2008www.compassfx.com
1. Go to Navigator window > Custom Indicators > Synergy_MTF
2. Double left click to attach to chart.
3. If desired, you can change the Label Display color.
4. Click on “OK”.
Applying Synergy MTFApplying Synergy MTF
154© CompassFX, 2008www.compassfx.com
Automatically reads and depicts current status on each time frame according to
currency pair applied.
Applying Synergy MTFApplying Synergy MTF
Modifying the Label Display
color.
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 78
155© CompassFX, 2008www.compassfx.com
Applying Synergy MTFApplying Synergy MTF
Synergy MTF Labels missing?
156© CompassFX, 2008www.compassfx.com
1. Right click on chart.2. Select “Auto Arrange”.
Applying Synergy MTFApplying Synergy MTF
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 79
157© CompassFX, 2008www.compassfx.com
Applying Synergy MTFApplying Synergy MTF
Automatically shifts chart to view Synergy MTF Labels!
158© CompassFX, 2008www.compassfx.com
Synergy Trade SignalSynergy Trade Signal
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 80
159© CompassFX, 2008www.compassfx.com
1. Price action
2. Momentum
3. Strength
4. Support & Resistance
5. Volatility
6. Range
Synergy Trade Signal
Synergy Trade SignalSynergy Trade Signal
160© CompassFX, 2008www.compassfx.com
Synergy Trade SignalSynergy Trade SignalWhen the combined parameters of these indicators identify Long or Short conditions, the Synergy Trade Signal is triggered.
Average Price Bars
Price Action Channel
Traders Dynamic Index
Dynamic Support & Resistance
Volatility
Range Factor
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 81
161© CompassFX, 2008www.compassfx.com
Synergy Trade SignalSynergy Trade Signal
When triggered, the Synergy Trade Signal will automatically:
Show a Green arrow below or a Redabove the Price Action Channel.
If momentum changes, the Green or Red arrow will change to a YellowYellow arrow.
Sound an audible alert.
Display an “Alert” pop-up box.
162© CompassFX, 2008www.compassfx.com
Synergy Trade SignalGreen arrows = Long conditionsRed arrows = Short conditions
Yellow arrows = Slowing momentum
Synergy Trade SignalGreen arrows = Long conditionsRed arrows = Short conditions
Yellow arrows = Slowing momentum
Synergy Trade SignalSynergy Trade Signal
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 82
163© CompassFX, 2008www.compassfx.com
Synergy Trade SignalSynergy Trade Signal
164© CompassFX, 2008www.compassfx.com
Buy conditions shown at Ask price.Sell condition shown at Bid price.
Synergy Trade SignalSynergy Trade Signal
“3:35:41 USDCHF: Buy condition at 1.0342 on 1-hour chart”
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 83
165© CompassFX, 2008www.compassfx.com
All alerts include an Audible alert and local Time stamp.
Synergy Trade SignalSynergy Trade Signal
“3:35:41 USDCHF: Buy condition at 1.0342 on 1-hour chart”
166© CompassFX, 2008www.compassfx.com
Indicator name = Synergy_TradeSignal
1. Apply a “Synergy_2” template to a chart.
2. Double click on Synergy_TradeSignal in the Custom Indicator folder found in the Navigator window.
Synergy Trade SignalSynergy Trade Signal
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 84
167© CompassFX, 2008www.compassfx.com
When applying the Synergy Trade Signal, it will automatically:
Recognize the time period of the chart.
Adjust the Range Factor parameters.
Adjust the Volatility parameters.
Applying Synergy Applying Synergy Trade SignalTrade Signal
168© CompassFX, 2008www.compassfx.com
1. Go to Navigator window > Custom Indicators > Synergy_TradeSignal.
2. Double left click to attach to chart.
3. Click on Inputs tab to input Email and Password (at first use).
4. Modify any other values.
Applying Synergy Applying Synergy Trade SignalTrade Signal
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 85
169© CompassFX, 2008www.compassfx.com
Trade Signal DisplayTrade Signal Display
Synergy 2.0 users can personalize their trade setups within the Synergy Trade Signal by
turning parameters “On” and “Off”.
170© CompassFX, 2008www.compassfx.com
Trade Signal DisplayTrade Signal Display
On / Off trade parameters:
Trade Signal Display
Yellow arrows
Dynamic S/R
Range Factor
PAC Surf
Fast Traders Dynamic Index
Audible Alerts
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 86
171© CompassFX, 2008www.compassfx.com
1. At the top menu bar select “Charts” > “Indicators List”.2. A pop-up window with a listing of indicators will appear.3. Click on Synergy_TradeSignal. 4. Click on “Edit” and the above window will appear.5. Scroll down to any parameter and change to “On / Off” condition.6. Click “OK”.
Personalize Trade Settings
Trade Style SettingsTrade Style Settings
172© CompassFX, 2008www.compassfx.com
Trade Signal DisplayTrade Signal Display
Display Corner placement:
Upper Left
Upper Right
Lower Left
Lower Right
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 87
173© CompassFX, 2008www.compassfx.com
1. At the top menu bar select “Charts” > “Indicators List”.2. A pop-up window with a listing of indicators will appear.3. Click on Synergy_TradeSignal. 4. Click on “Edit” and the above window will appear.5. Scroll down to “Display Corner” and change to “0, 1, 2, or 3”.6. Upper Left = 0, Upper Right = 1, Low Left = 2, Low Right = 3.7. Click “OK”.
Move the Trade Signal Display
Moving T. S. DisplayMoving T. S. Display
174© CompassFX, 2008www.compassfx.com
1. At the top menu bar select “Charts” > “Indicators List”.2. A pop-up window with a listing of indicators will appear.3. Click on Synergy_TradeSignal. 4. Click on “Edit” and the above window will appear.5. Scroll down to “Enable Display” and change to “Off”.6. Click “OK”.
Disabling the Trade Signal
Display
Disabling T. S. DisplayDisabling T. S. Display
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 88
175© CompassFX, 2008www.compassfx.com
1. At the top menu bar select “Charts” > “Indicators List”.2. A pop-up window with a listing of indicators will appear.3. Click on Synergy_TradeSignal. 4. Click on “Edit” and the above window will appear.5. Scroll down to “Display Color” and double click on “White”.6. Select color and click “OK”.
Change Trade Signal Display
Color
Change T.S. Display ColorChange T.S. Display Color
176© CompassFX, 2008www.compassfx.com
1. Double click on the MyRangeFactor value.
2. Enter value of choice.
3. Scroll thru RangeFactor_Help to view suggested values.
4. Click “OK”.
Modifying the RangeFactor
Modifying Range FactorModifying Range Factor
© 2008 Compass Foreign Exchange, LLC. All rights reserved.*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and is not suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. Past performance is not indicative of future results.. 89
177© CompassFX, 2008www.compassfx.com
1. Double click on the MyVolatility value.
2. Enter value of choice.
3. Scroll thru Volatility_Help to view suggested values.
4. Click “OK”.
Modifying the Volatility
Modifying VolatilityModifying Volatility
178© CompassFX, 2008www.compassfx.com
1. At the top menu bar select “Charts” > “Indicators List”.2. An pop-up window with a listing of indicators will appear.3. Click on Synergy_TradeSignal. 4. Click on “Edit” and the above window will appear.5. Scroll down to “Enable Alert” and change to “Off”.6. Click “OK”.
Disabling the Audible Alert
Disabling Audible AlertDisabling Audible Alert