My Day Trading System (MDTS) in trend following | Page 21 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

Trend following or trend fading? 8 replies

A simple 20 Day trend following system 5 replies

SMA - Bollinger long term trend following system 7 replies

PBTrend A Daily Trend Following System 13 replies

Attachments: My Day Trading System (MDTS) in trend following
Exit Attachments

My Day Trading System (MDTS) in trend following

  • #401
  • Aug 3, 2019 5:35pm Aug 3, 2019 5:35pm
Quoting NatashaM
{quote} Is it regular when the blue arrow appears and the MACD goes above zero line - /BLUE bars/ appears not in the same moment when the blue arrow and the GREY BAR appears, but after one, two or three candles later, lets say for example? This is very important to know for me! Thanks a lot!
I mean MACD BLUE histogram appears one or several candles later than the BLUE arrow and GREY bar?
  • #402
  • Aug 3, 2019 5:39pm Aug 3, 2019 5:39pm
Quoting NatashaM
{quote} You mean all the points have to be fullfilled in one and the same time - we have to see all the indicators in their regular colors in one line. And when Cynthia's Triangle Breakout confirms the entry - then trigger. Is it true?
Hi,

Downtrend:

After price pulls back and wait for sell signal.


Sell when :

1) RED arrow appears + TBL is RED + Tetragram bar is RED (short bar for aggressive entry or long bar for conservative entry) + macd hist is above the zero

OR

TRENDLINE breaks down and confirmed by 1)


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #403
  • Aug 3, 2019 5:40pm Aug 3, 2019 5:40pm
Quoting NatashaM
{quote} Is it regular when the blue arrow appears and the MACD goes above zero line - /BLUE bars/ appears not in the same moment when the blue arrow and the GREY BAR appears, but after one, two or three candles later, lets say for example? This is very important to know for me! Thanks a lot!
Hi,


Yes.
Being a fxtrader is not easy. Ones must working hard.
  • #404
  • Aug 3, 2019 5:44pm Aug 3, 2019 5:44pm
Quoting NatashaM
{quote} I mean MACD BLUE histogram appears one or several candles later than the BLUE arrow and GREY bar?
Hi,

As long as macd hist. is above the zero for SHORT TRADE. Because we want to enter a trade when the bearish momentum starts to move.




Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #405
  • Aug 3, 2019 5:51pm Aug 3, 2019 5:51pm
Quoting sriloba
{quote} Hi, As long as macd hist. is above the zero for SHORT TRADE. Because we want to enter a trade when the bearish momentum starts to move. Sai Ram
The examples you have paste show us the perfect movement when all the indicators are aligned in one and the same time. That's why it is dificult to understand all the variaties for trigger the entry. This is after retracement - everythink has to be fullfilled in one and the same time. But what about for the retracement - I'd like to understand in details, please!
  • #406
  • Aug 3, 2019 5:57pm Aug 3, 2019 5:57pm
Quoting NatashaM
{quote} The examples you have paste show us the perfect movement when all the indicators are aligned in one and the same time. That's why it is dificult to understand all the variaties for trigger the entry. This is after retracement - everythink has to be fullfilled in one and the same time. But what about for the retracement - I'd like to understand in details, please!
Hi,

When you initiate a SELL/BUY trade you must have the arrow RED/BLUE appears first then others confirmations come after.

The best entry signal when all criteria come at the same time.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #407
  • Aug 3, 2019 6:02pm Aug 3, 2019 6:02pm
Quoting sriloba
{quote} Hi, When you initiate a SELL/BUY trade you must have the arrow RED/BLUE appears first then others confirmations come after. The best entry signal when all criteria come at the same time. Sai Ram
Thank you, Sriloba! I'll try it to understand! Thanks once again!
  • #408
  • Aug 3, 2019 6:09pm Aug 3, 2019 6:09pm
Hi,

I use the dot for the trailing stop. It helps a lot for SL and TP.

Try it and you will see your own eyes.





Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MDTSB.png Size: 30 KB
Attached File(s)
File Type: ex4 DED.ex4   13 KB | 461 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #409
  • Aug 3, 2019 6:41pm Aug 3, 2019 6:41pm
Hi,

I want to make myself clear about the good entry when on MACD Histogram behavior.


The chart below tries to explain the idea.

M15:
SELL trade

Here we have red arrow,TBL is red, Tetragram is red.

BUT MACD HISTOGRAM WAS BELOW THE ZERO LINE 3 CANDLES BEFORE. THIS CANCELS THE SELL ENTRY. BECAUSE THE BEARISH MOMENTUM WAS HAPPENED FOR A WHILE.


LONG TRADE is the opposite analysis of the SHORT TRADE


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MDTSB.png Size: 34 KB
Being a fxtrader is not easy. Ones must working hard.
  • #410
  • Aug 3, 2019 6:54pm Aug 3, 2019 6:54pm
Hi,


This setup is acceptable in extremis.


Downtrend

SELL trade:

We have red arrow, TBL red, Tetragram red and macd histogram is, for the first time, below the zero.

SELL trade initiates after the sell entry signal closed.


LONG TRADE is the opposite analysis of the SHORT TRADE

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MDTSB.png Size: 42 KB
Being a fxtrader is not easy. Ones must working hard.
  • #411
  • Aug 3, 2019 8:50pm Aug 3, 2019 8:50pm
Quoting sriloba
Hi, I use the dot for the trailing stop. It helps a lot for SL and TP. Try it and you will see your own eyes. Sai Ram {image} {file}
what is this indicator for?DED
  • #412
  • Aug 3, 2019 10:00pm Aug 3, 2019 10:00pm
Quoting T4Trade
{quote} what is this indicator for?DED
Hi,

Really, I don't know. I found it on the other website.

It looks like a Parabolic SAR indicator in somehow. But I use it primarily in trailing stop. For me, it is very useful for trailing a stop loss and a very good tool

for taking profit.



Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #413
  • Aug 4, 2019 6:26am Aug 4, 2019 6:26am
Quoting sriloba
Hi, This setup is acceptable in extremis. Downtrend SELL trade: We have red arrow, TBL red, Tetragram red and macd histogram is, for the first time, below the zero. SELL trade initiates after the sell entry signal closed. LONG TRADE is the opposite analysis of the SHORT TRADE Sai Ram {image}
Thank you very much, Sriloba! Thank you for your efforts to explain me in details different examples for setup.
I really apreciate that!!!
  • #414
  • Aug 4, 2019 1:23pm Aug 4, 2019 1:23pm
Hi sriloba thank you for sharing. this system looks really good i'm subscribe. i will trade it this week on live micro account.
  • #415
  • Aug 4, 2019 2:19pm Aug 4, 2019 2:19pm
Hey Sriloba Thanks on sharing strategy
I read all trough this thred Ill follow from now so on
can you please upload update rar file of indicators or just say from wich #post should i download it
thank you once again
  • #416
  • Edited 3:08pm Aug 4, 2019 2:25pm | Edited 3:08pm
Hi fellows trader,


Please change the setting on Tradeonix-Switch as follows:


On the arrow in the picture below change the 5 into 10 to form 2/10 EMAs crossover.

I have done a lot of paper trades using the 2/10 EMAs and 2/5 EMAs crossover and compare the efficiency of the 2 crossovers.

I found the 2/10 EMAs crossover gives a better entry signal than 2/5 EMAs crossover.

Try it. You will be happy to see the accuracy of the 2/10 EMAs crossover.


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MDTSB.png Size: 131 KB
Being a fxtrader is not easy. Ones must working hard.
  • #417
  • Aug 4, 2019 3:00pm Aug 4, 2019 3:00pm
Quoting dingospomaki
Hey Sriloba Thanks on sharing strategy I read all trough this thred Ill follow from now so on can you please upload update rar file of indicators or just say from wich #post should i download it thank you once again
Hi,

Here, you are!


Enjoy !!



Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MDTSB.png Size: 120 KB
Attached File(s)
File Type: rar RideUrWave.rar   455 KB | 528 downloads
File Type: tpl RideYourWave2.tpl   13 KB | 501 downloads
File Type: txt Password_TradeOnix.txt   < 1 KB | 436 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #418
  • Aug 4, 2019 4:05pm Aug 4, 2019 4:05pm
Hi,

REMIND THE RULES:

Downtrend:


H1:
A downtrend, when 1)TBL is RED and confirmed by 2)LONG RED BAR of TETRAGRAM

M15:
I. Wait for the pullback as follows:
1) Blue arrow appears
2) Tetragram appears GRAY bar
3) Macd histogram is above the zero line (BLUE)

THEN

II. SELL when
4) RED arrow appears
5) TBL is RED
6) Tetragram appears RED bar (the short bar is aggressive entry and the long bar is conservative entry)
7) Macd histogram is above the zero line

SELL = 4)+5)+6)+7)

Stop Loss (SL) is placed at the most recent high
Take Profit is placed at the same amount of SL from entry

LONG TRADE is the opposite analysis of the SHORT TRADE
Attached Image (click to enlarge)
Click to Enlarge Name: SELL.png Size: 106 KB
Being a fxtrader is not easy. Ones must working hard.
  • #419
  • Edited 4:33pm Aug 4, 2019 4:23pm | Edited 4:33pm
Hi,

REMIND THE RULES:

Uptrend:


H1:
A downtrend, when 1)TBL is GREEN and confirmed by 2)LONG GREEN BAR of TETRAGRAM

M15:
I. Wait for the pullback as follows:
1) Red arrow appears
2) Tetragram appears GRAY bar
3) Macd histogram is below the zero line (RED)

THEN

II. BUY when
4) BLUE arrow appears
5) TBL is GREEN
6) Tetragram appears GREEN bar (the short bar is aggressive entry and the long bar is conservative entry)
7) Macd histogram is below the zero line

BUY = 4)+5)+6)+7)

Stop Loss (SL) is placed at the most recent low
Take Profit is placed at the same amount of SL from entry
Attached Image (click to enlarge)
Click to Enlarge Name: BUY.png Size: 106 KB
Being a fxtrader is not easy. Ones must working hard.
  • #420
  • Aug 5, 2019 1:18am Aug 5, 2019 1:18am
Hi,

The first loss of the month.

Let's see ...

GBPUSD

H1: The trend is up at that time


M15:
I) Wait for the pullback is done

II) Buy according to the rules is respected.


Unfortunately, price is retraced to the Stop Loss. My trade exited with -11 pips.

It is ok if there is a loss even following the rules. The market decides where it goes.

Now the trend changed from up to down and well confirmed in H1. So I am going only to sell the GBPUSD in M15 with the confirmations

Stay tuned


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: BUY.png Size: 92 KB
Being a fxtrader is not easy. Ones must working hard.
0 traders viewing now