TRENDY SYSTEM

hello friends

this is my first post here i'm hisham ghoneim from egypt i want to share with you my way to tarde on gbp/jpy on frame 15min but i will work on fxsol charts i hope u like the system i will explain it on 17/12/2007 because i will have 5 days vacation so untill the date i hope u prepare your programs and have a demo account on fxsol

Hello Bro

welcome in ur 1st post and we wait ur exp sharing

have anice time

Hi, I still waiting your next post

Where did you go to?

hi every one sorry for late but i have a problem with fxcharts so i will explain the indicators now and later i will upload the charts.

our system will depend on three sides
1- tech.analysis ( 3 indecators )
2- numerical analysis ( 6 indecators )
3- cadels analysis (4 patterns )
we will catch the chane on frame 15m but we must keep watchin frame 1h&4h before entry

Technical analysis :-
5&15 rolling moving average
This is to generate buy & sell signals as follow
If 5ma cross over 15ma from below this is buy signal
If 5ma cross below 15ma from above this is sell signal
we can find the definition of moving average rolling from fxsol charts programs as follow

Moving Average – Rolling

Description

The moving average may be the most widely used indicator. The Rolling Moving Average indicator calculates and plots a moving average of prices (closing prices), from each of the most recent number of bars specified by the Periods parameter. The Rolling Moving Average indicator assigns a weight to the price data as the average is calculated, though less weight is assigned to each later price in the series.

A moving average is generally used for trend identification. Attention is given to the direction in which the average is moving and to the relative position of prices and the moving average. Rising moving average values (direction) and prices above the moving average (position) would indicate an uptrend. Declining moving average values and prices below the moving average would indicate a downtrend

hey there hisham, im looking at the gbpjpy as well, i use MT4 and i dont see any rolling MA, how does that differ from the the other options?

thanks mate

From the description, it is the Linear Weighted MA.

ok, i was leaning in that direction, thanks for the fast response.

Please post your indicators, instructions and if you need a program to take a snapshot of charts, pm me and I can hook you up.

SECON INDECATOR IN TECH .ANALYSIS SECTION
SMA 55 APPLY TO OHLC
definition from fxsol charts

Moving Average OHLC


Description

OHLC stands for which field is used in the calculation of the moving average. The FidType in the indicator’s parameters determines which field is used.
FidType
Field used
1
Open
2
High
3
Low
4
Close

generate a signal
*buy signal :- on frame 15m
1- the 5 ma cross over from below the 15 ma
2- the cross have two cases :-
CASE 1
THE CROSS ABOVE 55 SMA THIS MEANS THE CANDELS MUST BE ABOVE THE 55 SMA ( I CALL THE SIGNAL THE BEST )
CASE 2
THE CROSS JUST BELOW 55 SMA THIS MEANS THE CANDELS ARE JUST BELOW 55 SMA ( IT IS GOOD SIGNAL )

ENTRY POINT
IN CASE 1
WE WILL ENTER FROM THE NEXT CANDEL AFTER CROSS CANDEL
IN CASE 2
WE WILL ENTER FROM THE NEXT CANDEL BREAK 55 SMA AND CLOSE ABOVE

THIS IS THE SIMPLE WAY I TRADE WITH TREND ON SMALL FRAMES
BUT THIS IS NOT ALL THE RULES .

THANKS ALOT BRO BUT I WANT TO EXPLAIN THAT THESE INDECATORS ARE IN FXSOL CHARTS PROGRAM AND I WILL ONLY BUT THE DEFINITIONS OF THE INDECATORS I WILL USE IN THIS SYSTEM .

Thanks for the instructions. If you need help showing the charts, let me know

Good Luck

The Two Charts Explain The Entry Point As Case 1
The Cross Happened Above 55 Sma As Buy Signal And Below 55 Sma As Sell Signal

The Next Two Charts Explain The Entry Point As Case 2
The Cross Happened Just Below 55 Sma As Buy Signal And Just Above 55 Sma As Sell Signal
The Entry Will Be @the Next Candel Break The 55 Sma Indecator And Close Above For Buy Signal Or Close Below For Sell Signal .

This Is The Main Idea And Rules Of The System .
Now It Is Time To Talk About Frame 1h&4h
Generally We Will Watch The Candels Postion From 55 Sma On Frame 1h&4h
If We Have Buy Signal On Frame 15m We Will Have 2 Cases On Frame 1h&4h
Case 1
The Candels Above 55 Sma This Mean That The General Trend Is Also Up On The Large Frams
Case 2
The Candels Below 55 Sma Here The Candels Must Far From 55 Sma On Frame 1h&4h Not Less Than 50 Pips

I'm Waiting For Ur Reply Before We Going To Numerical Analysis .

great system from my forex teacher

go ahead