5Min Intraday System

EU signals:



AU signals:


Ranging market no trading:


AU night session trading:

Hello, How are you? I am quite new here and I saw the Phillip Nel system for M5 and it looks quite impresive. I am wondering how can I do to load the 50MA angle in MT4, because I only could load tpl file, and the file that I found is exe.4
Thank a look.

any one stile use it

Yeah good question, anybody still using it?

I am just getting into this whole forex thing, so I am a bit of a newbie. I having been playing around with this trying to put it in my tool box. I'd be keen to do some comparison with someone.

But my chart time is limited, and during the close of the asian session and start of the london which from what I have seen has been too choppy for this. Stupid day job.

So I wouldn't expect a huge amount of interaction.

Hi all,
I have tried so many systems which sometime give profit & losses too.
But, currently I am using this kind of trading on TF 5mins (I got it from other friends). The different is only using the 50EMA and not 50SMA. Anyway, it is quite similar.
And the best thing is, really works for all Major Pairs.
Always hit the TP (10pips) if the timing is really correct.

I am still using this to make more profit on my daily tradings.
I am glad that I found some of members here are using the same system.

I will update more.

Regards
-ATUQUE-

I am so agree with what Phillip was telling in this thread earlier about the Max Trades daily. He did those max trades on one pair only.
I have a few pairs which I have been trading (all major). For every pair, max 3 trades. Hardly made more than 3 trades for each pair.

Before I start coding this in efs (eSignal) has it already been done ?

I have been a member of FF since 2017, but decided to change my nickname to my real name, so I'm back to being a newbie!

I've been looking for a suitable thread to post my work in and Phillip Nel's work, at least in the earlier pages, is as close as I could find to mine, so it feels right here. But his work is widely respected so I don't really want to get in the way of that. I hope what I post adds value. And as Phillip is a fellow South African, it feels even more like home! Phillip, if you read this, Groete!

I use an 8/21 EMA strategy. There is nothing special about those two numbers. No magic. You could use Phillip's 10/21 EMAs or 10/25 or 6/15, or 12/35, whatever. But I did not suggest 50/200. Smaller MA numbers means the MAs never get very far from price and there is a reason for that - it gives a visual reference for price behaviour, you can judge almost up to the minute how stretched price is from the MAs and whether it is more likely to undergo a correction (reversion to the mean) or to break away from the mean.

This chart summarises my strategy. It is to wait for a trend to form, as defined by the EMA crossover, then wait for a pullback to (or close to) the EMAs, which I have now discovered is similar to what Phillip teaches, and then enter a trade. I almost always use stop orders, so that if a pullback turns into a reversal, as long as the trade doesn't get triggered, the worst is that I will be left behind as price continue the 'wrong' way. Note that I identified a two-bar pullback setup and two inside bar setups. They all represent a pause at least, or a local consolidation period. And after the multi-IB setup, price exploded away. That's just perfect. I look for that kind of setup all the time.

If you are wondering where I disappeared to, I decided to start my own thread. You can continue following my MA crossover thread here: https://www.forexfactory.com/thread/...5#post14224455