DislikedHey umairs i was wondering if you take most of your trades when the indicators line up or do you wait for trend confirmation as well on 5 min, 15 min etc or is it discretionary?
thanks!Ignored
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DislikedHey umairs i was wondering if you take most of your trades when the indicators line up or do you wait for trend confirmation as well on 5 min, 15 min etc or is it discretionary?
thanks!Ignored
DislikedDoes any one find the 144 MA stoping them from taking really good signals?
i basically only do buys when the rsi crosses the 10MA and is above the 144MA and psar indicates a buy. for sells i wait for rsi to cross 10MA below the 144MA and psar indicates a sell. is this the right way of using the system with 144MAIgnored
DislikedDoes any one find the 144 MA stoping them from taking really good signals?
i basically only do buys when the rsi crosses the 10MA and is above the 144MA and psar indicates a buy. for sells i wait for rsi to cross 10MA below the 144MA and psar indicates a sell. is this the right way of using the system with 144MAIgnored
Dislikedok, this i just one example, i just want to know would u enter at the crossing of the rsi and the 10MA or would you wait for the rsi and 10ma to move below the 144MA before going into the sell like i did, i enterd only at the red circle on the chart coz thats where it crossed 144MA, if you did you would have missed some of pips. the 144MA does help with false signals, i always wait for rsi and 10MA to cross 144MA. Is this the right way of using the system?Ignored
Dislikedthanks for the reply, so how do we use the 144MA in the system?.
coz basically what you just told me now is that we enter a trade as per rules of your 1st post and not consider the 144MA.Ignored
Dislikedok, this i just one example, i just want to know would u enter at the crossing of the rsi and the 10MA or would you wait for the rsi and 10ma to move below the 144MA before going into the sell like i did, i enterd only at the red circle on the chart coz thats where it crossed 144MA, if you did you would have missed some of pips. the 144MA does help with false signals, i always wait for rsi and 10MA to cross 144MA. Is this the right way of using the system?Ignored
DislikedThe 144 is not original in the system i had added it for personal issues...
because it could avoid you from whipsaws, it could stop there and turn so you have to pay more attention to this level... so below higher probability short above higher probability long... thats doesn't mean that a short above cannot be profitable enough, but they key of this method is to grab x-times 3-5 pips out of the market not to trade it the whole day... like a swing trading method...
otherwise, watch also the 50 level from the rsi and the 70 and the 30 for overbought and oversoldIgnored
DislikedIm testing this system by MACD 5 , 34 , 1 & Putting MA= 10 in it coz rsi crosses so fast lets c if it works im testing it but not recommending anyways now 2up coming news are comming ...Ignored
DislikedI think ur idea of ma= 144 is not bad but im now testing this strategy now and its seems to me really very good also to avoide from false signals....check it...im just testing it now not confirmed it yet see settings as!!!
PSAR = 0.1 , 0.11
MACD = 5 , 34 , 1 + Put MA = 10 in it al put MA= 80 In it....so it looks like as ...
MACD = 5 , 34 ,1 + MA = 10 + MA = 80
We may use MA = 80 as our trend counter...
enter long only when both lines of MACD & MA = 10 Crossed each & also MA = 80 Up & P-SAR Dots appears below ....and in uptrend enter long only in long P-SAR Dots also dont enter short in uoptrend by short P-SAR Dots....& Same critaria for Short in downtrend....Lets see how can we avoide from false signals....? Also im just testing it and i think maybe RSI Might be fast to understand thts y i like to use macd,s in its place....im just testing not recommending....Ignored
DislikedThanks. There are so many MACD indicators/combos that it would be nice if you would post your template. Thanks again.Ignored