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Trend Line Price Action with MACD strategy

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  • Post# 201
  • Quote
  • Nov 30, 2012 9:05am
  • harlam
    Joined Feb 2012 | 44 Posts | Status: Member
There is something interesting at EUR/GBP
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  • Post# 202
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  • Nov 30, 2012 2:53pm
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
This is the correct one harlam
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  • Post# 203
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  • Dec 1, 2012 4:24pm
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
I want to post something interesting today, using woodies with basket to make a trendline price action. this is what am going to trade next week. the advantage of using this woodies with basket for trend line price action is, i will be able to analyse multi currency at a time just in one chart. i will be using 4 currency which is GBPUSD,EURUSD,EURJPY,GBPJPYJPY thanks to kosomolate thread (still basketting) that make it possible for trading this.
now let get to business i will be posting the indicator of the basket any pair, choose 4 pair and it will automatic select the currencies above, see the settings below:

15 minutes
4 pairs and choose 3000 bar
drop it on a daily candle of EURUSD
open an offline chart label #bul15

then insert your woodies and put the levels to 200 and -200
rules: whenever we have a high it must be greater than the levels 200 abovel
i have post a picture for you so that you will understand what am trying to say.
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  • Post# 204
  • Quote
  • Dec 1, 2012 6:04pm
  • harlam
    Joined Feb 2012 | 44 Posts | Status: Member
Quoting afolabiay
This is the correct one harlam
The last pin at H4 crashed my hope
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  • Post# 205
  • Quote
  • Dec 2, 2012 12:44am
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
Quoting harlam
The last pin at H4 crashed my hope Attachment 1091303
it is not over yet you can still close in profit
  • Post# 206
  • Quote
  • Dec 2, 2012 8:38am
  • harlam
    Joined Feb 2012 | 44 Posts | Status: Member
Quoting afolabiay
it is not over yet you can still close in profit
Yes, I have already done it.
  • Post# 207
  • Quote
  • Dec 2, 2012 9:57am
  • wilsonch
    Joined Mar 2010 | 95 Posts | Status: Member
afolabiay, can kindly share your woodie indicator and settings? i got one from 'Range Bar Basket System' by Jaquemate.. But would like to try ur indicator as it seems much simpler.. thanks
  • Post# 208
  • Quote
  • Dec 2, 2012 11:52am
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
Quoting wilsonch
afolabiay, can kindly share your woodie indicator and settings? i got one from 'Range Bar Basket System' by Jaquemate.. But would like to try ur indicator as it seems much simpler.. thanks
this is it
Attached Files
File Type: mq4 woodies.mq4   4 KB | 110 downloads
File Type: ex4 woodies.ex4   4 KB | 93 downloads
File Type: mq4 Basket any pair.mq4   14 KB | 92 downloads
File Type: ex4 Basket any pair.ex4   13 KB | 74 downloads
  • Post# 209
  • Quote
  • Dec 3, 2012 9:58am
  • wilsonch
    Joined Mar 2010 | 95 Posts | Status: Member
Quoting afolabiay
this is it
thanks mate
  • Post# 210
  • Quote
  • Dec 6, 2012 10:37pm
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
My trade past
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  • Post# 211
  • Quote
  • Dec 6, 2012 10:39pm
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
present setup "don't miss this"
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  • Post# 212
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  • Dec 10, 2012 12:33am
  • cku
    Joined Jul 2012 | 89 Posts | Status: Member
This is my Trendline
didi i get it for the USD JPy 30mins
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  • Post# 213
  • Quote
  • Dec 11, 2012 12:43pm
  • hir0406
    Joined Aug 2009 | 48 Posts | Status: Member
is this proper tl?
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  • Post# 214
  • Quote
  • Dec 12, 2012 12:17am
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
Quoting cku
This is my Trendline
didi i get it for the USD JPy 30mins
yes
  • Post# 215
  • Quote
  • Dec 12, 2012 12:19am
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
Quoting hir0406
is this proper tl?
yes but let the MACD cross before you decide the low
  • Post# 216
  • Quote
  • Dec 12, 2012 12:49am
  • hir0406
    Joined Aug 2009 | 48 Posts | Status: Member
Quoting afolabiay
yes but let the MACD cross before you decide the low
So macd should below or above 0 before we dicide high or low of swing
  • Post# 217
  • Quote
  • Dec 12, 2012 4:54am | Edited at 5:13am
  • madprofit
    Joined Nov 2012 | 11 Posts | Status: Member
GBPUSD - H4 - looks like something interesting
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I'm in with 50 pips stoploss - going to relax till the next H4 candle
  • Post# 218
  • Quote
  • Dec 13, 2012 5:39am
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
Quoting madprofit
GBPUSD - H4 - looks like something interesting
Attachment 1098179

I'm in with 50 pips stoploss - going to relax till the next H4 candle
nice one but you did not let the candle close up before you enter in that way it is very risky...
  • Post# 219
  • Quote
  • Dec 13, 2012 5:41am
  • afolabiay
    Commercial Member | 211 Posts | Joined May 2012
Quoting hir0406
So macd should below or above 0 before we dicide high or low of swing
yes bro
  • Post# 220
  • Quote
  • Dec 13, 2012 5:59am
  • hir0406
    Joined Aug 2009 | 48 Posts | Status: Member
Quoting afolabiay
yes bro
cant we make some kind of indi or ea for this
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