Attached File(s)
[i] TDTL_v2.mq4
14 KB
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429 downloads
TrendLines.mq4
5 KB
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419 downloads
Jake Bernstein 10 SMA high 8 SMA low trading system 94 replies
SMA 200+SMA 55+SMA 5 is very profitable 49 replies
AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies
EMA or SMA for continuation trading method? 1 reply
Programming of SMA and SMA cross over 20 replies
DislikedIs GPB/JPY the only pair you can use this on? Can I use it on other pairs? Please let me know the pairs I can try this on.Ignored
Dislikedonce I code the EA using everyone's suggestions, then we can try any pair, any timeframe.Ignored
I ask you please, not to pose questions here about this ea because this thread is about a different strategy. If unsure about anything, go to the thread at http://www.forexfactory.com/showthread.php?t=51365 and read about it. I urge you all to do this; I am already making live pips with this ea, and so are many others.
DislikedSo what's the exit point!!!???
If nobody wants me to code an EA for this strategy, then why am I always looking for new posts, and wasting my time???Ignored
DislikedSo what's the exit point!!!???
If nobody wants me to code an EA for this strategy, then why am I always looking for new posts, and wasting my time???Ignored
DislikedSo what's the exit point!!!???
If nobody wants me to code an EA for this strategy, then why am I always looking for new posts, and wasting my time???Ignored
DislikedI wonder why it is you are wasting time with this any way. From the first picture shows how poor this system is being. wtf?
From author entry, AO must be opposite candle color? I have been trying to make some sense of it. Sillyness.Ignored
Dislikedregulations toward buy
u shouh have sma 21 and ao indicators @ chart
when the price close over the sma 21 and u have slats green @ ao
u can have a buy @ chart
stop los is : lower spot of close candle - 5
take profit is :strike with penmanship defianceIgnored
DislikedI am almost done with the EA, it's going to be in my next post. I just need to finish some things.Ignored
DislikedFrom Author on post #13
The entry does not go in line with what he state are rules.
Bear candle, bull ao bar... trust in me, I have spent more then 5 minuts try to understand. In previous picture why he did not take sell where box is? price is being under 21 and ao is red, what is stated as entry but we hear nothing?Ignored
DislikedI agree that a trade taken out under the circumstances would have failed. I don't think this is a 1H strategy; I think it is a 4H strategy.
Have a look at the picture I have attached, of the 4H chart - I have highlighted the period you are describing in blue. This does not give a sell signal until Dec 28th. As I described earlier, I was late into the trade yet still made 130 pips; had I allowed it to run, I would have made over 200 pips.
Put the template onto a 4H chart and you will see again and again opportunities for profiting by hundreds of pips.
There are times where the sl used by powerquest would have resulted in failed trades, but these are blown away by the successful ones.
Given that I regard this as a 4H strategy, there are still failed trades to spot - look back to 10th-11th Dec for example to spot one easily. Mostly though, a sl of 100 pips would allow enough space for retraces to run out of steam and the trade to become profitable.
So, Rizzo, rather than incoherently rubbishing this strategy, do you have a useful and helpful contribution to make?
Ignored
Dislikedchange the ma from 21 to 34
I know a traders that use this one as their base for their system
.. I do think they trade on hight TF
tebIgnored
DislikedHow do I get gbpjpy on my Interbank FX? I don't have it!!!
I backtested EurJpy for about 2 years and here is the graph and the EA.
I REALLY REALLY THINK THAT WE SHOULD GET A BETTER EXIT STRATEGY BECUASE IT MISSES A LOT OF MONEY AND RETRACES. It only made 800 pips in 2 years, I can make 800 pips in 1-3 days.
Any changes? Contact Me.Ignored