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  #1  
Old Apr 12, 2007 5:16am
breizhfx's Avatar
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Member Since Jan 2007
Default strategy HILO on GBP/JPY

Hi, i give my strategy ...

You need :
on chart £Y UT240 :
EMA8,
SMA21 HIGH,
SMA21 LOW,
ADX 14,( gray),+DI (green), -DI (red)

Strategy :

Long : EM8 cross SMA21H at open next candle if ADX going up and +DI>-DI>15

Short : EM8 cross SMA21L at open next candle if ADX going up and -DI>+DI>15

this strategy is very cool and profitable ... Look on a month !!!

the chart ut240

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  #2  
Old Apr 12, 2007 5:56am
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Member Since Dec 2006
Default TP SL

Hi

Thank you for sharing.

What are the TP and SL targets that you take?

Simon
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  #3  
Old Apr 12, 2007 6:05am
WHTenn's Avatar
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Member Since Nov 2006
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Strategy looks good...wish you continued success
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  #4  
Old Apr 12, 2007 6:13am
breizhfx's Avatar
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Member Since Jan 2007
Default stop an target

hi
Long : i put my stop 10 pips under SMA21 LOW reverse if short ...
I haven't a target ... I stay in the trade as long as em8 is out off sma21 HI LO ( it's very hard if you haven't a strong psy ... because £Y has a big volatity ) and the signal is to exit is when adx begin to go down or the cross +DI and -DI or price cross ema8

regards
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  #5  
Old Apr 12, 2007 6:23am
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Member Since Sep 2006
Default

looks good
but I think adx 14 gives the signal too late
did u try lower nomber
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  #6  
Old Apr 12, 2007 6:26am
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Member Since Mar 2007
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Yes, when you stop?
Thx.
Quote:
Originally Posted by simonr View Post
Hi

Thank you for sharing.

What are the TP and SL targets that you take?

Simon
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  #7  
Old Apr 12, 2007 6:45am
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Member Since Dec 2006
Default DI question

Quote:
Originally Posted by breizhfx View Post

Long : EM8 cross SMA21H at open next candle if ADX going up and +DI>-DI>15

Short : EM8 cross SMA21L at open next candle if ADX going up and -DI>+DI>15

this strategy is very cool and profitable ... Look on a month !!!

the chart ut240

hi

thank you for your quick response. But i have one more question
when you write > 15 is it the ADX line or the DI line

Thanks again,

Simon
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  #8  
Old Apr 12, 2007 7:02am
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Member Since Nov 2005
Default ADX

This is a newbie question
Is there a significance in level 15?
Senbanda
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  #9  
Old Apr 12, 2007 7:56am
breizhfx's Avatar
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Member Since Jan 2007
Default about adx ...

for almeezan, adx14 1is too late ... you can use adx8 , i think , it's ok too ...

for senbanda line15 AND 20 when +DI ans -DI are under this is a ragne period ans it will be better to be flat .

About adx (gray line ) i m flat when it go down under line 40 ... and i tahe a trade when it go up !

bzh
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  #10  
Old Apr 12, 2007 12:09pm
breizhfx's Avatar
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Member Since Jan 2007
Default now , my complete strategy...

Now , i give you others informations about my stratégy ...
To mesure the volatility , i use Standard deviation 13 with levels 0,003 and 0,0015 for gbp/chf ut240 ( i determine the level with my feeling )
To mesure the trend , i use sma55 ...
Look at my chart !

BZH
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  #11  
Old Apr 12, 2007 1:22pm
howard
 
Member Since Sep 2006
Default Trades

Hi BZH

What pairs do you trade with this strategy? So far I have seen GBPJPY and GBPCHF which are the most volatile pairs, are these what you trade?
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  #12  
Old Apr 12, 2007 2:19pm
breizhfx's Avatar
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Member Since Jan 2007
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hi Howard !

I trade £$, £Y,£F,$Y,$F ans sometimes €$,€F,€Y...only on UT 4H .

I think my strategy is ok with alls pairs ...

about volatilty , my favorite is £Y !!! ...

but i must repeat ( it's very hard if you haven't a strong psy ... because £Y has a big volatity) you must have a strict money management !

regards ...
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  #13  
Old Apr 12, 2007 4:59pm
droesparky's Avatar
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I noticed a EA running on one of your charts, is it for your system or sonething else?
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  #14  
Old Apr 12, 2007 5:16pm
breizhfx's Avatar
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scuse me EA running ??? i don't understand ...

regards

BZH
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  #15  
Old Apr 12, 2007 6:53pm
droesparky's Avatar
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Member Since Aug 2006
Default

On the first chart you posted it shows in the upper right corner that the chart has a EA attached to it. Is that EA this system? or something else
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