Cheat Sheet: Gladiator and Falcon
Trading the Falcon and Gladiator are relatively an easy job. The complexities behind these super indicators are not entirely visible given the ease of these charts and h0w easy it is to intepret them. But even then I would like to point a few styles of trading that may be useful for you to trade Falcon and Gladiator. In due time , as you get used to them, you will innovate your style of trading around them.
There are a fe particular style of trading that I have dealt below:
- Aggressive trading
- Conservative Trading
- Auto Trading
Aggressive Trading
Initiate Long position
As and when the +1 line is pierced for more than an hour, you can initiate a long with a stop which you are comfortable with your money management. Stops can also be placed below important support zone(SMA confluence etc) or it can be at the low of previous three candles.
For example, USDCAD crosses +1 at 1.001, then a long can be initiated 10 pips below at 1.000 with traling stop that you are comfortable with. The long trade will stand as long as the following conditions are met:
- Trade is not stopped at your stop level
- Falcon has not dipped to zero line
- Trade has not hit your target level. Targets need to be worked out by you. They can be arbitrary 50 pips away or it can be 10 pips below important resistance levels.
In other words, the trade stands as long as Falcon is flying above zero line or it has not stopped out or it has not hit targets.
Initiate Short position
As and when the -1 line is pierced for more than an hour, you can initiate a short with a stop which you are comfortable with your money management. Stops can also be placed above important resitance zone(SMA confluence etc) or it can be at the high of previous three candles. For example, USDCAD crosses -1 at 1.001, then a short can be initiated 10 pips above at 1.002 with traling stop that you are comfortable with. The short trade will stand as long as the following conditions are met:
- Trade is not stopped at your stop level
- Falcon has not risen to zero line
- Trade has not hit your target level. Targets need to be worked out by you. They can be arbitrary 50 pips away or it can be 10 pips above important support levels.
In other words, the trade stands as long as Falcon is flying below zero line or it has not stopped out or it has not hit targets.
Conservative Trading
Conservative Long positions
Once a +1 line is pierced, you can maintain a long position but neutralise it as soon as the plot dips back below +1.
For example, USDCAD crosses +1 at 1.001, then a long can be initiated 10 pips below at 1.000 with traling stop that will be 30 pips below the buy price. But the long will automatically be neutralised as soon as the falcon dips back into neutral zone (below +1). So assume the usdcad moves to 1.002 and then falcon dips below to +.95, then you will not wait for the stop at .9970 but immediately close the trade. If the Falcon moves back over +1 line you can follow the trade again with a stop 30 pips below. In other words, the trade stands as long as Falcon is flying above +1 line
Conservative Short positions
Once a -1 line is pierced, you can maintain a short position but neutralise it as soon as the plot dips back above -1. For example, USDCAD crosses -1 at 1.001, then a short can be initiated 10 pips above at 1.002 with traling stop that will be 30 pips above the buy price. But the short will automatically be neutralised as soon as the falcon dips back into neutral zone (above -1). So assume the usdcad moves to 1.0031 and then falcon dips above to -0.95, then you will not wait for the stop at 1.005 but immediately close the trade. f the Falcon moves back below -1 line you can follow the trade again with a stop 30 pips above. In other words, the trade stands as long as Falcon is flying below the -1 line
An sample image:
Auto Trading
In the auto trading mode, every time Falcon or Gladiator has a crossing on the +1 or -1, you take a trade but keep the stops about 25 pips below the crossing and take a target of 50 pips from the crossing. Because these indicators have momentum indicators built into it, they will often give much more than the 50 pips targets set.
Which browser to use?
The most compatible are Google Chrome and Mozilla Firefox. IE does not work well with these indicators.
What happens during News spikes?
Important news spikes can wreck falcon hourly charts and there fore critical that stops be placed not more than 30 pips from entry. They should be moved up to break even esp as you near the release of the news.







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