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- SwingMan replied 5 hr ago
Hello! 280 and 95 are the points wins (entry to exit) - the thick green lines. I thought you checked that on your chart... The thick red/blue arrows in the chart are the possible trend changes on D1, and the dashed lines are the MAs for this MTF ...
Golden-Cross Trading-Idea
- SwingMan replied 16 hr ago
The Exits on two levels (Bar Range = 189 points). See #Post 165 and 174. (280 + 95 points) x (0.5 Lots) = 187 x Lots vis-a-vis initial lots (95 points) x (Lots) = 95 x Lots
Golden-Cross Trading-Idea
- SwingMan replied 26 hr ago
In #Post 123 I made a suggestion to do a reasonable money management. - Basically, the lots are calculated with the BarRange and 1% Risk (from Balance e.g.). The loss on the Initial SL will be 1-2%, and the gains will also be 4-5%. Important note: ...
Golden-Cross Trading-Idea
- SwingMan replied 42 hr ago
What must you do with this trade: - The ChannelRange (BarRange) at the SignalBar at 16:00 is 189. - The entry level is "CloseForecast - 1/2 BarRange" - From the entry down, the price already surpassed this 189 range on the next bar. - In order to ...
Golden-Cross Trading-Idea
- SwingMan replied May 30, 2023
Version 4.7.1 is in #Post 132. Do you want me to understand that you haven't read ALL my posts yet
Golden-Cross Trading-Idea?
- SwingMan replied May 30, 2023
- In principle, one does not need a trend confirmation from W1. - Study my exit recommendations. RR 2:1 does not fit the system. Check futures, sugar e.g., where RRs are also 10:1. - Signals are good enough, they are generated from raw price action, ...
Golden-Cross Trading-Idea
- SwingMan replied May 30, 2023
Please use better color settings and bar charts, no candles. Areas are drawn so that one can quickly see where the initial stop loss is and where the close of the second bar is, for a possible exit at the end of the bar.
Golden-Cross Trading-Idea
- SwingMan replied May 30, 2023
This is poorly programmed. I would have to concentrate better to draw the background correctly, and will do that when i have time. However, the signals are correct and one sees the trend. In fact, the background on H4 corresponds to the close for ...
Golden-Cross Trading-Idea
- SwingMan replied May 28, 2023
You asked correctly. Also in #Post 139 I wrote that the indicator had a small problem with the upper time frame. In this case, the bar is on the border of the main trends and the long trend is wrongly assumed, so no sell arrows are drawn. That's ...
Golden-Cross Trading-Idea
- SwingMan replied May 28, 2023
I didn't quite understand what you tested with the RSI. The system is good, okay. - I recommend trading only in the direction of the main trend for several reasons. - Reversals only trade after longer trends and near the Donchian Channel. - The ...
Golden-Cross Trading-Idea
- SwingMan replied May 28, 2023
Very good that you did that! Spend another 20-30 afternoons and you will slowly become familiar with the system... Your analyzes with other indicators mean nothing to me unless you post some charts. - I only compared the signals with the popular TDI ...
Golden-Cross Trading-Idea
- SwingMan replied May 27, 2023
The second drawn signal 2-Buy may not be traded in the D1 short trend. One could do that if the prices were much closer to the Donchian Channel. The sell signals should be traded one, there are actually sometimes losses. My broker (Pepperstone) ...
Golden-Cross Trading-Idea
- SwingMan replied May 27, 2023
Now everything is correctly commented! For long trends on D1 only Buy-Stop orders are allowed, and this always every 4 hours. If you have questions like in your next post, it should be visible which pair is and the time scale, otherwise I can't ...
Golden-Cross Trading-Idea
- SwingMan replied May 24, 2023
I also started with a small boat... and now with Golden-Cross...
Golden-Cross Trading-Idea
- SwingMan replied May 24, 2023
Perhaps you are right about the understanding. In my previous post I wrote what I assume what you need, and it's nice that you're trying to use the indicator! Actually, I don't feel like explaining several times that when you're sitting at the ...
Golden-Cross Trading-Idea
- SwingMan replied May 23, 2023
I can imagine what you actually want! If I'm not sitting in front of the screen every 4 hours and following the signals, but trade on my yacht with the mobile phone, one needs to get the signals from my VPS server via notify or email. Then I can ...
Golden-Cross Trading-Idea
- SwingMan replied May 23, 2023
In your chart the entry price is 138.742 When the bar opens, a small line is drawn in a rectangle, and when the price reaches this value, a horizontal arrow is drawn. Entry prices are marked as an aid to each bar at the open of the bars. I have ...
Golden-Cross Trading-Idea
- SwingMan replied May 23, 2023
Please post a decent chart with a light background, I can't see the entry level at the last bar. Please trade H4. At each new bar is drawn simultaneously "Price for Crossing" and "Entry Price". You don't need an alarm to set a buy/sell stop. These ...
Golden-Cross Trading-Idea
- SwingMan replied May 23, 2023
The limit setting arrow and the entry value are drawn at each bar. If the limit is not reached, the arrow and the limit will be deleted at the next bar. Isn't that so? With alarm and 20 pairs, 20 alarms would be sent every 4 hours. The idea is to ...
Golden-Cross Trading-Idea