Dislikedok i can see in your documents why you are using bb .
still 2 points what for is the NRTR ( u didnt talk about it in your document )and the psr
regardsIgnored
ASCTrend for Omega Prosuite 3.51 3 replies
Double CCI and ASCTrend Signal 63 replies
Would you trade this system? New system #2. 10 replies
ASCTrend indicator 0 replies
Dislikedok i can see in your documents why you are using bb .
still 2 points what for is the NRTR ( u didnt talk about it in your document )and the psr
regardsIgnored
Dislikedhi
thanks for sharing .
could you explain what for the psr and bb . since it is not included in the buy and sell rules ?
could you please from your experience the win / loss ratio for this system ?
regardsIgnored
DislikedWhat time frame are you using? I'm guessing 30m or higher because to Stoploss...Take Proft. Did you derive this system based on the one in the Metatrader forum? Thanks for presenting this.Ignored
Dislikedhi
thanks for sharing .
could you explain what for the psr and bb . since it is not included in the buy and sell rules ?
could you please from your experience the win / loss ratio for this system ?
regardsIgnored
Dislikedhi
thanks , this system look good , i took 3 trades all winner .
i would like to know when you enter the trade: after the candle of signal close and you enter the next candle
or you enter while the candle is still open
regardsIgnored
Disliked
01. Stop-loss = 30 pips.
02. Enter long if:
a. 5-EMA crosses above the 10-EMA.
b. RSI is above 50.
c. ASCTREND up-arrow signal and candle lighted up by ASCTREND.
d. Stochastics lines going up.
e. CCI line is pointing up and above 50%.
03. Enter short if:
a. 5-EMA crosses below the 10-EMA.
b. RSI is below 50.
c. ASCTREND down-arrow signal and candle lighted up by ASCTREND.
d. Stochastics lines going down.
e. CCI line is pointing down and below 50%.Ignored
Disliked
I want you to look at this chart very carefully. The candles that are circled are lighted up by ASCTrend. Those are the candles that are okay to trade. However, the candles that have a square around them, they are not considered lighted up by ASCTrend and therefore I don't trade them, unless they were already part of the trade. Sometimes I get out when I see a candle like the ones you see with a square around it, but depending on other indicators such as CCI, Stochastic Oscillator, RSI and Moving Averages. But I will never enter a trade with a candle such as the ones you see a square around it.
And to answer a question before, Yes, sometimes the ASCTrend arrow disappears, then re-appears, take great care on entering your trade when that indicator does that, that could indicate a fake signal. Remember, no system is 100% accurate, which is why I have many other indicators on my charts, so be careful.Ignored
DislikedHi Redrobin,
How do you diffrentiate between circle candle and square candle ?
Is the candle far away from the yellow line trend consider valid,
and candle nearer to yellow line trend not valid ?Ignored
DislikedHi redrobin06, Which indicators were missing from the first post? I am a bit confused. ThanksIgnored