DislikedHello,
Can you please explain entry and exit rules in more detail, I don't follow.
ThanksIgnored
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DislikedHello,
Can you please explain entry and exit rules in more detail, I don't follow.
ThanksIgnored
Exits
You can easily grab 25 to 100 PIPs just on one lot contract
As with all systems, be wary of news time coming up
Do not chase a missed entry using this system
One thing I have noticed. If you open the charts for the first time, close MT4, and re-open it again. I had found the chart display with the indicators to be incorrect....
Disliked...................
One thing I have noticed. If you open the charts for the first time, close MT4, and re-open it again. I had found the chart display with the indicators to be incorrect....Ignored
DislikedHi Et,
I had copied the .tpl & indicators, offline - OK, but when I connect to the internet/server, It crashed.
I tried to reopen, coz it closed automatically, still didn't work.
Then I restarted my laptop, reopen MT4, still didn't work.
What should I do? Any suggestions?
ThanksIgnored
DislikedThe rules of the system is quite simple.
Entries
- Buy when the GREEN arrow appears
- Sell when the RED arrow appears
- When you go into the Asian Session the following day, and there is no cross, that is, it moves sideways, you can enter based upon the last arrow [see the chart below].
Exits
- exit current position when you get an opposite signal
- S/R
- Fibs
- Trailing Stop
- etc.
You can easily grab 25 to 100 PIPs just on one lot contract
As with all systems, be wary of news time coming up
Do not chase a missed entry using this system
One thing I have noticed. If you open the charts for the first time, close MT4, and re-open it again. I had found the chart display with the indicators to be incorrect....Ignored
DislikedThank you for the explanation.
What stop loss do you use for this system?
How often this system generate the false signal?
What time zone you suggest for this system.
Thanks and happy trading.Ignored
DislikedThe rules of the system is quite simple.
Entries
- Buy when the GREEN arrow appears
- Sell when the RED arrow appears
- When you go into the Asian Session the following day, and there is no cross, that is, it moves sideways, you can enter based upon the last arrow [see the chart below].
Exits
- exit current position when you get an opposite signal
- S/R
- Fibs
- Trailing Stop
- etc.
You can easily grab 25 to 100 PIPs just on one lot contract
As with all systems, be wary of news time coming up
Do not chase a missed entry using this system
One thing I have noticed. If you open the charts for the first time, close MT4, and re-open it again. I had found the chart display with the indicators to be incorrect....Ignored
DislikedThe rule is using h1
1. if 2 SMMA WEIGHTED CLOSE CROSS UP the DAY OPEN LINE open LONG
at new candle
2. if 2 SMMA WEIGHTED CLOSE CROSS DOWN the DAY OPEN LINE open SHORT
at new candle
Hello,
Can someone please explain the entry rules? What is the Momentum indicator for?
The above doesn't made any sense to me :sIgnored
Dislikedhi everyone.. meet again
remember this system is designed to run at broker with time server GMT 00
INTERBANKFX and ODL are GMT 00
i ussualy open with 3 ORDER
1 order tp is 50 pip
2 order tp is 100 pip
3 order tp Out when we got opposite signal
when 1st TP is reached, i put SL to BEP+1 for the others
disicpline-moneymanagement-not greedy... is the key
Forex is complicated... do not try to be complicated...
simple is beautiful
Ignored
DislikedHi,
I'm unable to open zip files, so I was wondering if anyone would be so kind as to post the indicators used for this system and their template, I would greatly appreciate it.
My understanding is that you're using a 2 period smoothed moving average with weighted close to cross up or down the 00:00 GMT daily pivot on 1Hr chart. Entry is based on opening of new candle after the candle that caused the cross to close. Is this correct?
It's been said to enter after the green or red arrow appears. Is there an indicator that you use that creates those arrows?
Thanks in advance for everyone's help, I certainly appreciate it!!....T-WolfIgnored