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Boss Mode

Boss Mode

BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend. The reason for this is because most pips are made while catching the trend.
OK…Here goes..
Inside the Oscillator window you will see the Range indicator.
This is real easy to read…
White line above top black line…. price going up White line below bot black line…. price going down
Now, this indy will show BOSS MODE  the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
The drawback to using this indy is even though it is great at showing us when to get in on the BOSS MODE  start of a new move, it is much harder to see continuation moves with this indy.
Not to worry. The histo indy that is in the window above the Oscillator is a filter indy 🙂 This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit. Also the filter indy will help you decide if its a good time to get in. As a rule of thumb… do not trade against the filter indy… it is there for your protection.
The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart. This way you can see the immediate higher timeframe as it is critical to your decision making process. Trading with the higher time frames is preferred.
The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy. You want to be in a red small gann BOSS MODE  ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short. It is there as a confidence booster. Just watch it for a few days and you will see why .

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Boss Mode
Boss Mode

Just remember the Range indicator is very important. You shouldn’t take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.I want the Range BOSS MODE  line to be facing up or down when it does it’s cross. A Flat Range line is a weak signal.
Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup. When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry. DSR. Stands for Dynamic Support & Resistance. It’s support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade .

What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don’t. The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
But as for me, I try to keep it as simple as possible.

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So what I look is how much price has moved across the murrey math map. I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction. So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I’m looking for signs of weekness. Like a double or triple bottom. Now that I’m in the over sold area of the murrey math. I’m not looking to take anymore sell trades. I’m now looking for the trend to change and go upwards
On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips. I always open 2 trades on a BOSS MODE  pair at a time, this way I can try and make the second trade run. So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me. The how point of this is to bag my first trade early to give me leeway to let the second run. This is just my style of trading, you should do what works for you.
When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news. Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry. The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the BOSS MODE  way it is going to go that ‘s why I wait until the trade goes my way a little before moving stoploss close to small gannline. Again this is just the way I do it, so you should do how ever you feel confortable trading.

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Boss Mode System Specs :

Platform : Metatrader 4 ( MT4 )

Time Trame : M30 – H1 – H4

Currency Pairs: EURUSD – GBPUSD – USDJPY – AUDUSD – USDCAD – USDCHF – NZDUSD – AUDCAD – AUDJPY – AUDCHF – AUDNZD – CADCHF – CADJPY – CHFJPY – EURAUD – EURCAD – EURCHF  – GBPCHF – GBPJPY

Recommended companies for this trading system: FXTM

 

Buy Signal on this system:

Boss Mode
Boss Mode

Sell Signal on this system:

Boss Mode
Boss Mode

 

The download file has these parts :

Indicators :

!XPS iMA.ex4

!XPS v8 CLOCK.ex4

!XPS v8 CONTINUATION-test.ex4

!XPS v8 DSR-test.ex4

!XPS v8 FILTER.ex4

!XPS v8 FOREX POWER lite.ex4

!XPS v8 FRACTAL MATH.ex4

!XPS v8 GANN SSL 4HR.ex4

!XPS v8 GANN SSL D1.ex4

!XPS v8 GANN SSL.ex4

!XPS v8 MONTHLY PIVOTS.ex4

!XPS v8 OSCILLATOR.ex4

!XPS v8 PANEL.ex4

!XPS v8 PRICE.ex4

!XPS v8 PROFIT.ex4

!XPS v8 RANGE-test.ex4

!XPS v8 TRENDBARS.ex4

nonLagMa Trend Display v1.0.ex4

NonLagMA_v7_M.ex4

STD.ex4

Std_Dev+MA.ex4

Synergy_Continuation.ex4

Synergy_DSR.ex4

Synergy_HeikenAshi.ex4

Synergy_MTF.ex4

Synergy_RangeFactor.ex4

Synergy_TDI.ex4

Synergy_TradeSignal.ex4

Synergy_TradeTargets.ex4

Synergy_Volatility.ex4

Sounds

alert

boss

Templates

BOSS MODE.tpl

 

Download

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4.3

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