As somewhat of a nubie I'm having trouble finding the code or even a platform that had the COG envelopes or averages. All I can find is a COG osillator, Any help would be greatly appreciated.
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DislikedAs somewhat of a nubie I'm having trouble finding the code or even a platform that had the COG envelopes or averages. All I can find is a COG osillator, Any help would be greatly appreciated.Ignored
DislikedHi there,
very intersting.
Can I ask, why do you trade some on the 1 hr and some on the 4 hr?
I mean, what is your creteria to put a pair in the 1 hr catagory vs the 4H category?
Regarding signal cross, I have set a rule that it must happen above median line for short (after price has closed above upper band) and vice versa for long, is that ok by your experience? (As sometimes the cross itself dosen't happen abvoe the upper band but are a bit postponed)
Thank's in advance,
PCIgnored
DislikedI've been following this thread with interest. I've got a few questions
1) people say that the cog indicator repaints, do we know how exactly this acts? As in I look at the previous ticks of the 4H chart and just about every trade looks in the money, is this due in part to the repaints? *** Edit: After using a quick test of Vhands, this is most certainly the case. Hindsight is 20/20 in this case ***
2) I've been looking around and found a little info on the CG oscillator but I've not found any info on this COG indicator, can anybody point me in the direction of the mechanics of this thing? Where did it come from?
3) I'm going to start doing a little back testing using the Vhands method. Will this work for a repainting indicator?
Thanks guys, here hoping that we can catch some pips out of this method.
StuIgnored
Dislikedendroute,
you wrote:
"...I have been using an ma ea to email me ema crosses only but I only run it on a few charts as I would be getting a ton of alerts."
You can have MT4 email you when there is a MA cross? I had no idea this could be done? How can I set it up?
Thanks for all of your patience, help, and this great thread.
-piperomiaIgnored
DislikedEndroute,
I also have been reading this thread with great interest and really wanted to comment a couple times, but I have been in "FF purgatory" the last two weeks. I inadvertently mentioned a commercial Forex product in a response to another trader and got banned from posting for two weeks.... grrrr. So it's nice to be on the "outside" again. LOL
Some of my questions have been answered, but I also wondered if you wait until you get an EMA 5/13 cross AFTER a candle closes (so that the cross is permanently on the chart)? There have been a couple times where there was a brief cross on the hourly TF only to reverse before the candle was done so that there ended up being no cross afterall. I would imagine this happens on the 4H TF even more frequently. Can you give some clarity on that?
Many thanks for the great system.
ScottIgnored
DislikedScott,
Wait for the candle to close before entering the trade, you are quite right in that sometimes you can get faked out. Be patient if you don't get it on this trade there are always more trades, this was my biggest challenge when I first started trading I wanted to rush into trades, with this method there are several good trades per day on the pairs I watch and lots more on the pairs I don't.Ignored
DislikedPlease don't think that just because I am not trading a given pair with this system that it does not work on that pair, this approach will work on any pair. I trade the pairs I trade not out of any sort of empirical data that says I can make more money on these pairs, but because these are the pairs that have been on my charts since the beginning of time and that putting more pairs on is more work that I don't want to do at this point, but once I get the EA finished that will alert me to trade setups that I can then look and decide whether or not to trade then I may look at other pairs to see how they do relative to the pairs I follow. At a certain point it is just easier and less risky to just add more lots to your trades instead of more currency pairs and therefore trades, however this is a personal decision that only you can make.Ignored
DislikedNo, no. I understand that fully. I just wanted to see if you saw any setups today on any of your pairs to make sure that I am seeing (or not seeing) the same things you are and thus properly trading the system.
Cheers,
ScottIgnored
QuoteDislikedI am still trying to understand the math behind the COG the basic premise is that price will come back towards the blue line.
DislikedHi 4xWeezal,
I took a stab at the ea and it seems to work ok. I haven't put anything fancy in it yet and I am just using a Take Profit and StopLoss.
Maybe we can put something together if it helps.
Of course I can't do anything about the repainting but the entries are correct at the time.Ignored