- Navin
urbanforex
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DislikedHere's an Idea for alerts.
Its called xpma(courtesy of codersguru). Just put EMA 37 and EMA 50 (top and bottom of the rainbow) Everytime the market hit any of the moving averages it will give you an alert with arrows and everything.
Default is set MA_TYPE= 1 = EMA. The only thing you need to change is the periods.
Hope it helps.Ignored
DislikedNavin,
I'd like to know if this fits your criteria for down trend trade.
I checked out your website. Very well done. Easy to navigate.
Thanks much.
CliffIgnored
DislikedI did not post any chart yet . I meant to ask does the distance between the entry signal and Rainbow makes any difference?
Attached is the chart, can you confirm if its a valid entries?
ThanksIgnored
DislikedHere's an Idea for alerts.
Its called xpma(courtesy of codersguru). Just put EMA 37 and EMA 50 (top and bottom of the rainbow) Everytime the market hit any of the moving averages it will give you an alert with arrows and everything.
Default is set MA_TYPE= 1 = EMA. The only thing you need to change is the periods.
Hope it helps.Ignored
DislikedNavin
What I like this most about this sstrategy is that you can play both sides of the coin. If you get stopped, just go to the oposite direction. Pretty neat. It's like a wide moving average.Ignored
DislikedNavin
What I like this most about this sstrategy is that you can play both sides of the coin. If you get stopped, just go to the oposite direction. Pretty neat. It's like a wide moving average.Ignored
DislikedHi,
Yes I have this feeling but could you elaborate please Perhaps you could publish one or two charts demonstrating this situation, the setup and so and so...
TIA
Best regards
BBFIgnored
DislikedHi Urbanforex.
I have used a similar method successfully but just recently decided to change my rules a little. Then I saw your post and you have done a little different what I was thinking of but yet to fine tune.
As you can see in my pic attached, I was using the 5min chart with a 20 and 30ema, I was waiting for a pin to form on or in the ma's and entering on the break of the pin. I had a very good success rate (over 90%) but what I did was only trade the pairs that had good strength and weakness as per the strength meter you can see attached....Ignored
DislikedHi,
Yes I have this feeling but could you elaborate please Perhaps you could publish one or two charts demonstrating this situation, the setup and so and so...
TIA
Best regards
BBFIgnored
DislikedPlease see the charts.
BTW. I trade on five minutes and I take all pullbacks in consideration.
I am sorry Navin, no intentions to go off subject.Ignored