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MADdash (Moving Average Distance)

  • #2,401
  • Jan 8, 2019 12:43pm Jan 8, 2019 12:43pm
This is where the market plays game with us as price just started moving (and better to stand aside as this is not a good time to trade but just demonstrating that the method works if you can patiently wait for the setup and confirmation)
Attached Image (click to enlarge)
Click to Enlarge Name: GJ Trade Setup1c - 1082019.gif Size: 46 KB
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  • #2,402
  • Jan 8, 2019 3:59pm Jan 8, 2019 3:59pm
As I was posting the GJ setup above, I was also coaching a coder (who doesn't trade yet) how to trade and on GJ trade confirmation, we just bought GJ for fun and we're up 17.5 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GJ Trade Setup1b - 1092019.gif Size: 145 KB


Now I have explained how I trade and have shown a live example, and trust we can do some practice on demo.

Cheers all
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  • #2,403
  • Jan 8, 2019 7:23pm Jan 8, 2019 7:23pm
Quoting 919gilead
As I was posting the GJ setup above, I was also coaching a coder (who doesn't trade yet) how to trade and on GJ trade confirmation, we just bought GJ for fun and we're up 17.5 pips {image} Now I have explained how I trade and have shown a live example, and trust we can do some practice on demo. Cheers all

good morning 919gilead eurjpy hit 40+pip thank you share wonderful trading strategy
  • #2,404
  • Jan 8, 2019 8:35pm Jan 8, 2019 8:35pm
Quoting 919gilead
This is where the market plays game with us as price just started moving (and better to stand aside as this is not a good time to trade but just demonstrating that the method works if you can patiently wait for the setup and confirmation) {image}

can you share i am highlights indicator
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  • #2,405
  • Jan 8, 2019 9:25pm Jan 8, 2019 9:25pm
Quoting thisara1
{quote} can you share i am highlights indicator {image}
The indicators are

  1. Daily open line which can be downloaded here, and
  2. THV4 TzPivots which can also be downloaded here.

Cheers

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  • #2,406
  • Jan 8, 2019 10:53pm Jan 8, 2019 10:53pm
pactice real account small lot using
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  • #2,407
  • Jan 9, 2019 12:52am Jan 9, 2019 12:52am
thank you 919gilead eurcad +17pip
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  • #2,408
  • Jan 9, 2019 12:57am Jan 9, 2019 12:57am
late entry cadchf
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  • #2,409
  • Jan 9, 2019 1:19am Jan 9, 2019 1:19am
Quoting thisara1
late entry cadchf {image}
Nice one.
May I please ask where can I get the news indicator on you chart, the small middle chart with the suggested trades based on strength and the bottom left pink-ish indicator on the top chart. What indicator is that one? What settings do you use? Please?
@PocketMoneyInv on Twitter
  • #2,410
  • Jan 9, 2019 1:27am Jan 9, 2019 1:27am
Quoting 919gilead
This is where the market plays game with us as price just started moving (and better to stand aside as this is not a good time to trade but just demonstrating that the method works if you can patiently wait for the setup and confirmation) {image}
Hi,
I am looking at MadDash and trying to figure out the best settings for catching bigger moves in the market. Like on the 15 min charts on the 1H.
1. For doing that, should I have the setting : Alert method - comparing TF1 to TF2 and set my first TF as 15m and the second as 1H?
2. How about your settings for Alert threshold - is that set to pips or ATR and how many ?
3. For the: Default Timeframe setting - it is set to 1 min. What happens if I change that or what does it mean?
4. One more questions if I'm not asking too many: MA method - Smoothed or Linear weighted - what is the difference ? How will it influence the alerts?
Thank you so much.
@PocketMoneyInv on Twitter
  • #2,411
  • Jan 9, 2019 1:30am Jan 9, 2019 1:30am
Quoting 919gilead
{image} This is a buy setup but you can see that there is no edge in entering the trade yet as both currencies are weak but will it move, yes it may. This is the trick, when u have the setup, you know there is the possibility of a long trade. But for it to move and be profitable it needs momentum - an object has to be in motion. Therefore GBP needs to be strong by moving up the ladder on both M1 & M5, and JPY must be weak by remaining below the ladder. That's all you are waiting for to pull the trigger when a candle opens above the setup candle...
Hello 919gilead,

Thanks for your contribution, tools, strategy, ideas and tips.

They are very useful.

Could you share your indicators and template?

Thanks
  • #2,412
  • Jan 9, 2019 1:31am Jan 9, 2019 1:31am
Quoting Robert S
{quote} Nice one. May I please ask where can I get the news indicator on you chart, the small middle chart with the suggested trades based on strength and the bottom left pink-ish indicator on the top chart. What indicator is that one? What settings do you use? Please?

please follow 919gilead rule i am new be member here
Attached Image (click to enlarge)
Click to Enlarge Name: Picture14.jpg Size: 73 KB
Attached File(s)
File Type: ex4 ###CMSMIndV17.01.ex4   60 KB | 505 downloads
File Type: ex4 NewsCal-v107.ex4   29 KB | 450 downloads
  • #2,413
  • Jan 9, 2019 3:45am Jan 9, 2019 3:45am
919gilead we need to more expain
  • #2,414
  • Edited 5:51am Jan 9, 2019 4:39am | Edited 5:51am
Quoting 919gilead
{quote} Thank you Sobhan for your kind words. Unfortunately I do not have the time to manage a thread and even though you think my strategy is explained in different posts, it is saying the same thing. Put an MA Channel of high and low on an M5 chart - you can use any period you like but I currently use 35 LWMA Impose an M30 candle line on the same M5 chart Buy setup when an M30 candle closes above the MA Channel (I use the M5 candle instead of the M30 candle when there is momentum ) Wait for close of the M5 or M30 candle Enter on the next M5 candle...


thank you my friend.


I use M15 Candle instead of M30.(Because I use Factor 4 for time frames)
And I use Bollinger for 5 minutes instead of 35LWMA .
And 35 SSMA for M1 M5 M15 M30.




Do you use 35LWMA for MADdash at a time of 1 minute and 5 minutes and 15 minutes?
  • #2,415
  • Jan 9, 2019 7:00am Jan 9, 2019 7:00am
Quoting 919gilead
{quote} Thank you Sobhan for your kind words. Unfortunately I do not have the time to manage a thread and even though you think my strategy is explained in different posts, it is saying the same thing. Put an MA Channel of high and low on an M5 chart - you can use any period you like but I currently use 35 LWMA Impose an M30 candle line on the same M5 chart Buy setup when an M30 candle closes above the MA Channel (I use the M5 candle instead of the M30 candle when there is momentum ) Wait for close of the M5 or M30 candle Enter on the next M5 candle...
Ok, thank you to explaine your strategy, but i noted that if i use maddash to see what pair is strong/weak i usually enter in the trade when it's too late and the max part of profit is yet gone. To be profittable, one have to monitoring ALL 28 pairs togheter and enter when 5 "Enter on the next M5 candle opening above the M5 or M30 candle, provided one currency is strong and the other weak (you want to be sure an object is in motion before entering".
Do you know how to put all 28 currencies in the same screen so to monitoring them?
And to 7"Move SL to BE + 3 pips with every 10-15 pip profit or take small profit as you like", do you use an EA to do that in automatic ? Whic one?

Thank You
  • #2,416
  • Jan 9, 2019 7:47am Jan 9, 2019 7:47am
thank you 919gilead opening my rich way
Attached Image
  • #2,417
  • Jan 9, 2019 8:18am Jan 9, 2019 8:18am
Quoting thisara1
thank you 919gilead eurcad +17pip {image}

Quoting thisara1
thank you 919gilead opening my rich way {image}

Quoting thisara1
late entry cadchf {image}
Be careful, don't run after trades, just wait for the setup and confirmation. If you miss one trade, another one will come.

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #2,418
  • Jan 9, 2019 9:33am Jan 9, 2019 9:33am
Quoting Robert S
{quote} Hi, I am looking at MadDash and trying to figure out the best settings for catching bigger moves in the market. Like on the 15 min charts on the 1H. 1. For doing that, should I have the setting : Alert method - comparing TF1 to TF2 and set my first TF as 15m and the second as 1H? 2. How about your settings for Alert threshold - is that set to pips or ATR and how many ? 3. For the: Default Timeframe setting - it is set to 1 min. What happens if I change that or what does it mean? 4. One more questions if I'm not asking too many: MA method...
Hi Robert,

I don't know the best setting to catch bigger moves because nobody knows what this market will do, and that is why I take whatever the market gives and I have proven several times over and over again that you can double your account in no time taking what the market gives you. But you will make more pips trading the HTF.
Quote
1. For doing that, should I have the setting : Alert method - comparing TF1 to TF2 and set my first TF as 15m and the second as 1H?
Yes that's the best alert setting if you want to take trades off the H1 TF
Quote
2. How about your settings for Alert threshold - is that set to pips or ATR and how many ?
It depends on what you want as there are 3 thresholds - Pips, ATR or ADR. I use pips
Quote
3. For the: Default Timeframe setting - it is set to 1 min. What happens if I change that or what does it mean?
TF chosen depends absolutely on what you want to trade and the dashboard will only measure (or calculate strength & weakness) of the TFs you choose
Quote
4. One more questions if I'm not asking too many: MA method - Smoothed or Linear weighted - what is the difference ? How will it influence the alerts?
You will have to google or go to Babypips to read about that or you can also set the same period using the different methods on your chart and you will see the difference. Yes it will influence the alert because price will cross them at different times. Put the lines on your chart and you will see what I am talking about.

Cheers
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  • #2,419
  • Jan 9, 2019 9:39am Jan 9, 2019 9:39am
Quoting asc72
{quote} Hello 919gilead, Thanks for your contribution, tools, strategy, ideas and tips. They are very useful. Could you share your indicators and template? Thanks
Indicators and template already shared here. Just remove what you don't need and change the MA Ribbon to Channel instead of crossover by changing the MA1Price and MA2Price to high and low instead of close. If you need more just click on my name and check files (attachment for whatever you want).
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  • #2,420
  • Jan 9, 2019 9:43am Jan 9, 2019 9:43am
Quoting sobhan
{quote} thank you my friend. I use M15 Candle instead of M30.(Because I use Factor 4 for time frames) And I use Bollinger for 5 minutes instead of 35LWMA . And 35 SSMA for M1 M5 M15 M30. Do you use 35LWMA for MADdash at a time of 1 minute and 5 minutes and 15 minutes?
You're welcome.

Yes I use the 35LWMA on all the time frames although sometimes to be hinted earlier, I also use lower period but it doesn't matter.
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