MADdash (Moving Average Distance) | Page 175 | Forex Factory

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MADdash (Moving Average Distance)

  • #3,481
  • Nov 18, 2024 4:24am Nov 18, 2024 4:24am
18-Nov-24
Entered Multiple pairs with AUD and NZD on weak side , CHF & USD on strong side.

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After all the trades its just 6Pips earning. Lol
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Worst Return Today: -0.2%
  • #3,482
  • Nov 18, 2024 7:34am Nov 18, 2024 7:34am
Quoting Erebus
{quote} Same as any strategy using Moving Averages, there will be LAG Good Luck
Yea, incredible lag. Once it starts to show on Maddash - its kinda late and moves have already happened. Only hope is to expect it to continue further to next S/R probably. I am just a beginner and this fascinated me. Like it though.
Worst Return Today: -0.2%
  • #3,483
  • Nov 19, 2024 1:12am Nov 19, 2024 1:12am
19-Nov-24

As said by @Erebus , sometimes it can lag. I was thinking, can Maddash identify liquidity run pairs before hand. The concept of AMD is running though on youtube and trending these days. Could the strongest currency be manipulated to make u think its the strongest before turning over. I switched to HTF and checked the trend. H4 shows good bearishness in my eyes, so I am presuming - AUDJPY . I am assuming that AUD is strong just for this manipulation reason, I am picking the top at this point, not sure how its gonna play out. But trying it out. If I am wrong, then I am wrong. I should move to BE though, even though slight profit but sticking by the trade to test the result
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Worst Return Today: -0.2%
  • #3,484
  • Nov 19, 2024 2:35am Nov 19, 2024 2:35am
Above continuations

Was under the impression AUD and NZD will weaken, but USD, EUR , GBP weakened againt JPY being strongest. What u think doesnt happen in market. Although, I am in good profit for NZD, AUD, JPY pairs, Booking profit.
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Thank you Erebus for pointing about lagging based on MA. Took note of that.
Worst Return Today: -0.2%
  • #3,485
  • Nov 19, 2024 2:43am Nov 19, 2024 2:43am
Only after effing booking the profit market wants to reward some imaginary pips in mind. DAMNN
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Worst Return Today: -0.2%
  • #3,486
  • Nov 20, 2024 3:16am Nov 20, 2024 3:16am
20-Nov-24
GBPJPY - Loss - 17Pips -ve .

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Worst Return Today: -0.2%
  • #3,487
  • Dec 6, 2024 6:50am Dec 6, 2024 6:50am
Quoting honestknave
Latest Version: 1.38 ------------------------ Frequently Asked Questions click here ------------------------ What is MADdash? A multi timeframe dashboard looking at price's distance from a moving average. Where do I put the file? In the EXPERTS folder. It is a large dashboard designed to take over a chart. Latest version is an INDICATOR What is the background to MADdash? Back in April I started...
Seems a very effective system.
MetaTrader 4 - so many advantages.
  • #3,488
  • Dec 10, 2024 2:04am Dec 10, 2024 2:04am
10-Dec-24

Took like multiple pairs with 0.01 lot size for very small scalp.

Strong side - EUR,GBP, CAD, USD
Weak side - AUD, NZD

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Worst Return Today: -0.2%
  • #3,489
  • Dec 11, 2024 3:38am Dec 11, 2024 3:38am
11-Dec-24

JPY Weakest , so went all Buy side on pairs with JPY
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Will trail manage all of them
Worst Return Today: -0.2%
  • #3,490
  • Dec 12, 2024 12:23am Dec 12, 2024 12:23am
12-Dec-24
AUD,NZD- Strong side
CHF,JPY,EUR,GBP,USD -Weak side

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Closed positions
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The dollar value isnt much, but the concept is working in respect to the pip value
Worst Return Today: -0.2%
  • #3,491
  • Dec 21, 2024 4:19pm Dec 21, 2024 4:19pm
Hello Traders!

It's about a week ago when I came across this thread. I was strugglinig with a wide range of assets alarm system. Now this problem doesn't exist anymore.
We are in december 21st, 2024. And it's working like a charm. I just need to hover on 4 different charts. A breeze.
The idea is simply brilliant, and I wish to thank the person who did this job and gave to the traders community. This forum is amazing.
Regards from Brazil!
  • #3,492
  • Dec 21, 2024 4:42pm Dec 21, 2024 4:42pm
Quoting Tricolor77
Hello Traders! It's about a week ago when I came across this thread. I was strugglinig with a wide range of assets alarm system. Now this problem doesn't exist anymore. We are in december 21st, 2024. And it's working like a charm. I just need to hover on 4 different charts. A breeze. The idea is simply brilliant, and I wish to thank the person who did this job and gave to the traders community. This forum is amazing. Regards from Brazil!
What do you mean by " 4 different charts"?
MetaTrader 4 - so many advantages.
  • #3,493
  • Dec 21, 2024 6:33pm Dec 21, 2024 6:33pm
Quoting RiskFighter
{quote} What do you mean by " 4 different charts"?
I find useful to choose the 2 best performers against the 2 worst performer currencies, and wait for the pullback, this selection makes 4 charts. Its fantastic to choose the charts properly instead of looking everywhere. I had alerts in 40 different charts and getting crazy with false signals.
  • #3,494
  • Dec 21, 2024 10:02pm Dec 21, 2024 10:02pm
Quoting Tricolor77
{quote} I find useful to choose the 2 best performers against the 2 worst performer currencies, and wait for the pullback, this selection makes 4 charts. Its fantastic to choose the charts properly instead of looking everywhere. I had alerts in 40 different charts and getting crazy with false signals.
OK. Thanks. That is the same thing I do. Waiting for the pullback that shows on the lowest timeframe and invest when the strength return.

The strategy means that you never get the beginning of a trend, because the strength has not developed at that time, but you can get the first pullback - and the coming pullbacks if the strength continue.

For the time being I use a multiple timeframe CCI tool. It does the same thing as the MADdash, so it is only a choice. I might switch to MADdash - I don't know right now.

This way of selecting pairs to trade is very new to me too, so I am in a test right now.

The CCI tool is the one in the middle of my screen.
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MetaTrader 4 - so many advantages.
  • #3,495
  • Dec 23, 2024 7:01am Dec 23, 2024 7:01am
23-Dec-24
CADCHF
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Worst Return Today: -0.2%
  • #3,496
  • Dec 27, 2024 6:19pm Dec 27, 2024 6:19pm
Quoting worstiez
23-Dec-24 CADCHF {image} {image}

Hello Worstiez!

Can you explain the criteria you have to pick the pair you will trade. I was watching your decision and this question came up.
Thanks mate.

Happy new year, yall!
  • #3,497
  • Dec 27, 2024 10:35pm Dec 27, 2024 10:35pm
Quoting Tricolor77
{quote} Hello Worstiez! Can you explain the criteria you have to pick the pair you will trade. I was watching your decision and this question came up. Thanks mate. Happy new year, yall!
Mostly with reference to strong vs weak. USD,EUR was strong. JPY,CHF were weak. I checked through all 4 possible pair combinations on these, but didnt fit my entry criteria. So CAD usually goes along USD in similar fashion, here it was lagging behind, I saw some set of strength on CAD , checked with JPY , CHF as well, took on CHF as it was good enough for me. Took it.
Worst Return Today: -0.2%
  • #3,498
  • Jan 20, 2025 2:08am Jan 20, 2025 2:08am
20-Jan-25
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USD is weak- So going for a Gold trade
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Will see how it pans out
Worst Return Today: -0.2%
  • #3,499
  • Jan 20, 2025 5:09am Jan 20, 2025 5:09am
Quoting worstiez
20-Jan-25 {image} USD is weak- So going for a Gold trade {image} Will see how it pans out
Update - Total +35 pips.
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Worst Return Today: -0.2%
  • #3,500
  • Jan 21, 2025 11:05pm Jan 21, 2025 11:05pm
22-Jan-25
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Tried GJ, EJ - but couldnt get an entry for me. Since EUR and GBP are on strong side. Making an assumption that USD will go further weaker. Took and entry on EU Long side. Expecting a lot of SL liquidation above those highs as there will be lot of short entry players. They need to get liquidated even if the price wants to go down in future, just making that assumption

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Worst Return Today: -0.2%
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