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- manfredg replied Sep 23, 2019
I'm at a bit of a loss. Does not the EA get us into trades when we get an inside bar and the RMI is either oversold or overbought? Do those situations not predominantly occur at the end of a trend/run? If the trend still has further to run do we not ...
- manfredg replied Aug 6, 2019
It might be that the trade filter has filtered out the marked trades. GBPCAD does at times have extreme; greater than 15 pips, spread. It does on my broker's platform. I've been running V3 for sometime, but diversified the portfolio by trading ...
- manfredg replied May 20, 2019
Thanks Cubbybgood for the EA and setfiles. Just a couple of thoughts about the current DD. Why not manually close the worst trade when the account gets to 10% DD? This will allow the EA to do its job in either getting to TP more easily or take ...
- manfredg replied Jun 13, 2017
Good afternoon All, Have been reading up on all the refinements from the last couple of months. Great work by all. Attached is a Range chart of the ASX200, with Clive's LWMA, CCi and best wishes as well as Dave's MML. I had been trading them ...
- manfredg replied Nov 28, 2016
Well that's very clever and as we have agreed in the past: what ever works for you. The only problem I though was that a daily candle could be either too big or so small that it becomes too crowded. That's why I set my settings at two days for the ...
- manfredg replied Nov 28, 2016
Hi Dave, So I take it that you set the Fibs at 12.5% levels (1/8ths). Then set them at the weeks high and low and or daily high and low. If that works for you that's great. I have been true to Murrey Math Lines as per my setup and have increased my ...
- manfredg replied Oct 27, 2016
Well done Dave. If your settings work for you that's great. I didn't look to see if they are the same for every currency or indicie, if they are then the secret to consistent target levels is to follow the pattern of each pair and see how far they ...
- manfredg replied Oct 19, 2016
Well done Dave. I tend not to hold overnight - too much news risk. I also get charged a swap rate/holding fee as it's a CFD. Sorry I didn't respond to your last post as I am well aware of my shortcomings, Seriously thought I knew I should have ...
- manfredg replied Oct 18, 2016
Got too excited and took the trade too early. Short should be at 8/8ths for 2 levels (in my case). Watch what happens compared to the chart on post #10753. Keep that in the memory banks for next time. As my mother would say to me: I know you are ...
- manfredg replied Oct 18, 2016
Here is today's trade: same rationale different time frame. On 5min MACD above '0' line and pointing up. Above 3/8ths trading range. Likes to run at least 2 segments, but given the lower than usual runs in the last couple of days only went for 2. ...
- manfredg replied Oct 17, 2016
And that my friends is the beauty of trading. Dave uses 256 as there are about 256 trading days in a year for a daily chart. I like to use 8 as this is closest to 2 weeks of data. However have also used 4; closest to a trading week. I use about ...
- manfredg replied Oct 17, 2016
Dave don't lose the will. It as because of you that I started to add to the thread. I thought that I might help as you have done. After all you raised or at least pursued the Murrey Maths concept/idea. Keep up the good work. If you're having trouble ...
- manfredg replied Oct 17, 2016
Today's trade: Below 50 SMA.Below 3/8th Trading Range.Below MACD. Down to 2/8ths Pivot. Potential reverse.
- manfredg replied Oct 14, 2016
Hi Dave, I found I had to use different numbers for the CFD's of the cash market compared to the constantly traded CFD's. The idea as I understand it to be is to get a range of grid lines based upon past activity. I used 2 days of price information ...
- manfredg replied Oct 13, 2016
Oh Dave I forgot to add this: This is the corresponding 5min chart. In the 5min chart we're at the bottom of the 3/8th trading range and on the 1min we're at the 2/8th pivot-major reverse segment. This to me gives confirmation that we are heading ...
- manfredg replied Oct 13, 2016
Hi Dave, I am using the The MurrayMath Timeframe indicator by XARD777 and for the 1min FTSE100 I have it set to 2048. The 5min chart settings are 1024. I'm not sure what settings for the 15min chart would be. I would have thought that to give ...
- manfredg replied Sep 20, 2016
The great joy of trading is that every person has their own slant on what they want a chart to look like. My understanding of the parameters that you have used is that the chart is setup for 1hour; MM period = 60 If you want to show the 5 min MML ...
- manfredg replied Sep 20, 2016
To save you having to read the previous posts and depending upon which Murrey Maths indicator you're going to use: M1 = 1024 M5 = 256 M15= I don't trade, but the forum does give some suggestions. H1 = I don't trade either, but the forum ..... Use ...
- manfredg replied Sep 16, 2016
Just waited for the setup. Should have, could have, but didn't wait till move to 7/8ths. Ah well. Small fish taste sweeter.
- manfredg replied Sep 15, 2016
Have to this stage only focused on the FTSE. Here is a GBPJPY trade taken. Took some heat early. Ah could have, should have didn't hold out till 6/8ths. The system works!!