CMMDS System = Candlesticks + MACD + MA + Divergence + SAR | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

SAR system based on QQE Adv and MACD Platinum 226 replies

Macd SAR - Please Help !!! 0 replies

MACD, Parabolic SAR, and Awesome Oscillator 4 replies

MACD with SAR indicator on MT4? 3 replies

Parabolic SAR on MACD 0 replies

Attachments: CMMDS System = Candlesticks + MACD + MA + Divergence + SAR
Exit Attachments

CMMDS System = Candlesticks + MACD + MA + Divergence + SAR

  • #1
  • First Post: Feb 17, 2007 3:52pm Feb 17, 2007 3:52pm
Hi All, I'm very new to forex and have put together this simple system. I base this on Adam3000's "my very simple system" (http://www.forexfactory.com/showthread.php?t=5153) but I've added one piece: MACD. Please look at the following chart to see if I'm reading this correctly. Look at the recent Divergence... is that a major SHORT confirmation??? Anyone know more about Divergence and could clue me in?

I've also just started studying candlesticks and I see what I'd consider a Shooting Star just before the huge down turn that appeared last week on Feb. 7. So many indicators lining up...did I get it right? If not, HELP!

Details:
MACD= 12, 26, 9
MA1= 15
MA2= 21
SAR1= .09, .2
SAR2= .02, .2

Thanks!

Deb
Attached Image
  • #2
  • Feb 17, 2007 4:06pm Feb 17, 2007 4:06pm
So many indicators gives me brain cloud.
  • #3
  • Edited Feb 18, 2007 4:48am Feb 17, 2007 4:26pm | Edited Feb 18, 2007 4:48am
do you really need both sars?

I think in the 1st line they change to the 2nd 9/2 from 2/2
I don't think they were using both
I like the normal one as that is what everyone else is seeing

what are are you using the Macd for-? just divergance?
I find the histagram is better its the dark bars at the bottom of the macd
in fact I would take off the two lines & leave just the histagram
  • #4
  • Feb 23, 2007 11:00pm Feb 23, 2007 11:00pm
Yes that is negative divergence. A shooting star is small body with a long top wick and little to no bottom wick at the top of an up trend. Don't use two sars. You only need one.

Quoting coachdeb
Hi All, I'm very new to forex and have put together this simple system. I base this on Adam3000's "my very simple system" (http://www.forexfactory.com/showthread.php?t=5153) but I've added one piece: MACD. Please look at the following chart to see if I'm reading this correctly. Look at the recent Divergence... is that a major SHORT confirmation??? Anyone know more about Divergence and could clue me in?

I've also just started studying candlesticks and I see what I'd consider a Shooting Star just before the huge down turn that appeared last week on Feb. 7. So many indicators lining up...did I get it right? If not, HELP!

Details:
MACD= 12, 26, 9
MA1= 15
MA2= 21
SAR1= .09, .2
SAR2= .02, .2

Thanks!

Deb
A. Finesse Williams Making Millions One Pip At A Time!
  • #5
  • Feb 23, 2007 11:54pm Feb 23, 2007 11:54pm
That's a good trip divergence but your entry should be agressive on break of blue trendline as, in a long upmove like this, the move down could already be over IMHO...
Attached Image
  • #6
  • Feb 24, 2007 9:11am Feb 24, 2007 9:11am
Quoting aswilled
... Don't use two sars. You only need one.
So, doesn't a second SAR sort of help confirm that a change is about here? Which of the two SARS is more reliable? If you're suggesting I use only one, which one is that and do you suggest any change in the pararmeters?

Thanks for your input!

Deb
  • #7
  • Feb 24, 2007 10:40pm Feb 24, 2007 10:40pm
The sar is a lagging indicator; a place to place your stops. However, you can use 20,2,exponential calibration and the sar will do what it do. Thats tell you where to place your stop, and signal an impending reversal. The bolinger bands will work better for what you are doing with the sars.

Quoting coachdeb
So, doesn't a second SAR sort of help confirm that a change is about here? Which of the two SARS is more reliable? If you're suggesting I use only one, which one is that and do you suggest any change in the pararmeters?

Thanks for your input!

Deb
A. Finesse Williams Making Millions One Pip At A Time!
  • #8
  • Feb 25, 2007 6:19am Feb 25, 2007 6:19am
Quoting coachdeb
So, doesn't a second SAR sort of help confirm that a change is about here? Which of the two SARS is more reliable? If you're suggesting I use only one, which one is that and do you suggest any change in the pararmeters?

Thanks for your input!

Deb

no I would use only one sar -
I always use tools on normal setting as that is what everyone esle is using
and so seeing -- #1 one thing you want to go with the hurd - the trend!
(the real trend not the dumb money which only thinks it is)

an easyer system is one I am working on
its in this forum

its called s/r to get channel -- the name really has nothing to do with system
but it wins a lot more then this one -
look for the smiling face

but this one is a good one - its all about money management -
  • #9
  • Last Post: Feb 25, 2007 11:46am Feb 25, 2007 11:46am
Quoting Thruline
That's a good trip divergence but your entry should be agressive on break of blue trendline as, in a long upmove like this, the move down could already be over IMHO...
My gosh, look at what I missed: break of a trendline and 3 huge waves! D-OH! Thanks for the heads up and the suggestion. I also missed Support & Resistance.

All of that from just a few little pixels - OY!!!!

Thanks again,

~~Deb~~
Future Successful Forex Trader-in-Training
0 traders viewing now