Hello
- | Commercial Member | Joined Aug 2009 | 247 Posts
"More important than the quest for certainty is the quest for clarity"
A simple but promising strategy 58 replies
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DislikedHere is 2 charts from today:
Forgot: On the chart you also see a 20ema close. This can be a 6 ema open or a 8 ema open or even a 10 ema close. You can use a crossing of the 5 and this ema to reenter or to close a trade or just don't use it and go for 50 to 100 pips profit.Ignored
DislikedNow that the first two questions are out of the way let me go ahead and add the others just to make it official....
1. Can you post your template?
2. Do you trade this live?
3. Is there an EA for this method?
And somewhere in the next 10-15 posts there will be someone who has this super duper mega indicator that should be added to help "filter out" some of the bad trades.
ok, sorry for the sarcasm but it seems as though every new thread in the trading systems section heads down the same road.
The 1 hour system you...Ignored
DislikedThe system seems very interesting. Can you explain or direct me to some more information on the Top_Trend indicator?
Thanks in advance
JeremyIgnored
DislikedHello,
Now we had some responds and we can start to make the system better! After this week and a tight range on some pairs I decided to change the following:
First check the main trend on the 4 hour chart. The top trend indicator can show you the main trend direction and you also can draw a trend line. Now you switch to 1 hour or 30 min and take only trades in the main trend direction. This will help to avoid some less profitable trades. This is a good advice for beginners. Otherwise, if you know what you do you can trade against the trend....Ignored
DislikedHello SXM Trader,
I´ve been use 35 EMA´s in my chart. So, Did you change de 35 SMA´s for EMA´s? (Just checking - ok??)
And Top Trend indicator - deviation 1 !
Please, take a look in my template. It´s ok??
P.S.: Great Job! I´m testing your system and I have good profit! (Sorry about the English...I´m brazilian).
Thank you.Ignored