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Golden-Cross Trading-Idea

  • #201
  • Jun 20, 2023 4:32am Jun 20, 2023 4:32am
Where are Stop Loss and Take Profit set in this system?
  • #202
  • Jun 20, 2023 6:23am Jun 20, 2023 6:23am
Quoting ghfdsfsd
Where are Stop Loss and Take Profit set in this system?
Analyze the chart in #Post 194, read back 4-5 pages, and if you still have questions please find a system with TPs levels in another thread, there are enough of them.
  • #203
  • Jun 20, 2023 8:30pm Jun 20, 2023 8:30pm
Quoting le celte
Bonjour, The simplest (not simplistic) solutions are often the best. I suggest testing the Magic-100 method by replacing the MA 100 with the excellent SwingMan indicator. I haven't been able to do it myself yet, currently spending more time taking care of my health, rather than trading. https://www.forexfactory.com/thread/989445-magic-100 Santé, Cheers jf
What's funny I never saw this magic 100 thread, but this is how I've traded for years. I call it buy red sell green. I didn't read past the first page and I'm sure there is a bunch of filters added over the years, but I've never needed anything else.

. I can see how this would work with SM golden X too as its good for showing trends. I was attracted to the SM x because it seems to get in faster
  • #204
  • Jun 21, 2023 1:20am Jun 21, 2023 1:20am
Quoting tommbstone
...What's funny I never saw this magic 100 thread, but this is how I've traded for years. I call it buy red sell green. I didn't read past the first page and I'm sure there is a bunch of filters added over the years, but I've never needed anything else...
Have you seen my indicator for M100?
https://www.forexfactory.com/thread/...2#post13017972
  • #205
  • Jun 21, 2023 3:51pm Jun 21, 2023 3:51pm
Quoting SwingMan
{quote} Have you seen my indicator for M100? https://www.forexfactory.com/thread/...2#post13017972
Thank you for the Link, I will test it out. I've been doing a visual back test on the SMCross and I will forward test this moving foward.

I will also test the 100 magic Indy this week.

Thank you sir.
  • #206
  • Jul 19, 2023 5:06am Jul 19, 2023 5:06am
Quoting SwingMan
I have no intuition and find it better to trade without thinking...
Hello SM,

Been a while since I posted here on FF and getting back to trading, Been following your contributions and posts especially this one.
Started trading in early June this year and it started bit rough then I started getting a grip using this System.

I am really grateful for your efforts and all you do here.. I have 2 screenshots of recent trades that I did screenshot, one is a long term trade AU that I have been trailing it manually and closing bits as time goes, hoping to do the same with the other UJ. The 2 trades are active and shows that Long Trades work well here...

I do not understand your LazyHedging Channel_Osc completely with a bit of explanation I think I will understand what am looking at. I have been using the GoldenCross and looking at the higher timeframe for further decision after a signal.

Your help on above will help alot...

TIA
SmartKenya
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  • #207
  • Jul 19, 2023 7:27am Jul 19, 2023 7:27am
Quoting SmartKenya
{quote} Hello SM, Been a while since I posted here on FF and getting back to trading, Been following your contributions and posts especially this one. Started trading in early June this year and it started bit rough then I started getting a grip using this System. I am really grateful for your efforts and all you do here.. I have 2 screenshots of recent trades that I did screenshot, one is a long term trade AU that I have been trailing it manually and closing bits as time goes, hoping to do the same with the other UJ. The 2 trades are active and...
Hello SmartBoy!
I am pleased that you have dealt with the system, and you can also continue to post a few things.

In any case, you have qualified as a GoldenBoy and I will send you the latest versions to download.

With the Channel_Osc don't worry. It's just a slightly better version of ATR and is used to determine different levels (entry, exit, trailing).
  • #208
  • Edited 9:07am Jul 19, 2023 8:50am | Edited 9:07am
I normally lurk in the forums and rarely post, but i have to bow my head in respect for what you are doing here.

I just read all threads and found your system to have great potential, as i normally trade Market Maker models i can see how this is going to be profitable no doubt.

I don't fully integrate myself with the system but i will open a Funded Account to test this system in respect to the great contribution you are making here, also i will donate the money to a charity of your choosing or someone that might need help.

I will do daily updates here on the forum so people like me and others who open their eyes to the Diamonds you give for free.

As i speak i already bought a Funded Account for this, let me know in PM if we can start this journey. Also what version of the bot should i download now?

Also i cant seem to send you a private message here on the forum, dont know why.

Thank you in advance and lets give this system a detail backtest and the respect it needs.
  • #209
  • Jul 19, 2023 9:17am Jul 19, 2023 9:17am
Quoting Elme
... let me know in PM if we can start this journey. Also what version of the bot should i download now? Thank you in advance and lets give this system a detail backtest and the respect it needs.
I decided to only PM the latest updates because too many members download indicators just for their collections without making any contributions.

I believe that the GC idea has an interesting background and can be successful with a few adjustments.
I trade very little and if I don't have any feedback I don't make any new adjustments, corrections and versions.

If I find that several GoldenBoys are posting commented trades, I can post a first trading EA version to facilitate manual trading.
Full automation can only be used later using tried and tested rules.
  • #210
  • Jul 19, 2023 9:25am Jul 19, 2023 9:25am
Quote
I decided to only PM the latest updates because too many members download indicators just for their collections without making any contributions.
Yes i agree, thats why i posted and give respect where respect is needed.

I cant send private messages due to :
Quote
Private Messages Restricted Per Member Status
But i can give you my email if still i cant receive messages aswell.

I am fully commited to learn and trade this method manually as i have other digital biz and i am im front of the computer from 8 to 18H, checking every 4H the charts is not a problem for me. I am a firm believer in the mantra of "lifting every stone".

I will trade the method manually and give daily feedback as needed.

Also as i am writing this i am installing the brokerage account for a 25K funded account with 100 leverage, think its good for the method? i am fully commited.

Thank you for the fast response.
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  • #211
  • Jul 19, 2023 9:45am Jul 19, 2023 9:45am
Bonsoir,
Can I also benefit from your latest update please?
This is not to increase the catalogue of indicators
I post little.
My English is very bad. I use an online translator ...
A votre santé
jf
  • #212
  • Jul 19, 2023 10:22am Jul 19, 2023 10:22am
Quoting le celte
Bonsoir, ...A votre santé jf
Pas plus tard que la semaine dernière, j'ai lu le livre de
"Pierre Orphelin", "Les systèmes de trading... et quelques controverses sur l'analyse technique des marchés financiers" en français original.
Il a là une idée intéressante et j'aimerais la tester à un moment donné.

Je n'ai rien lu en français depuis très longtemps, mais il y a environ 45 ans, j'ai traduit un gros livre du français vers le roumain. Il s'agissait d'un ouvrage technique sur les éléments finis en génie civil.

Même si vous êtes un gars sympa, j'ai promis de n'envoyer les dernières versions en MP qu'aux membres qui postent quoi que ce soit. J'utilise aussi google translate sinon je ne pourrais rien poster...
Postez ce que vous trouvez intéressant, c'est la seule façon pour moi d'échanger des expériences, sinon je joue et je danse.
  • #213
  • Jul 19, 2023 10:35am Jul 19, 2023 10:35am
Hello Swingman,
This is my first post in FF.
I have been using GC indicator for awhile and am still trying to figure out whether each signal generated by the indicator is a good entry point depending on the market condition, the PA etc.
However, I have made a few profitable trades since I started using the GC indicator together with Cave Manager to manage the trades.
For example, today I placed 3 trades and the result was 2 Wins and 1 Loss.

I made these trades on MT4 mobile app using another indicator I created in EA builder site to push the signals to my mobile phone as I have a full-time job and checking those signals every 4 hours suits me better.

I would appreciate it if you could send me the latest version of GC indicator.
Thank you in advance.

2 Wins - NZDUSD & AUDNZD
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1 Loss - EURUSD
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  • #214
  • Jul 19, 2023 10:59am Jul 19, 2023 10:59am
I also read Pierre Orphelin, a long time ago. I had even invested in his robot capable of creating equity strategies (CAC 40 etc ...). a kind of AI before its time. No conclusive result. the advantage for me was that he posted on French forums. My tongue. I was just starting.
20 years later I'm still starting!
A votre santé
jf
  • #215
  • Edited 4:29pm Jul 19, 2023 11:37am | Edited 4:29pm
Quoting SwingMan
{quote} I will send you the latest versions to download. With the Channel_Osc don't worry. It's just a slightly better version of ATR and is used to determine different levels (entry, exit, trailing).
Am glad to receive your response and I will appreciate the latest version. Honestly never used ATR so for now I will avoid Channel_Osc all together. Nice to be a GoldenBoy. Caught a gem with EU earlier today here is my screenshot..

The trade I took after the H4 Alert for a Sell and determined the direction of D1 which had a Sell Alert.

Patience is Key and also removing too much complications from your trading mindset!!

May PIPS come to you all.....

Edit: Posted the wrong image

Regards

SmartKenya
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  • #216
  • Jul 19, 2023 1:12pm Jul 19, 2023 1:12pm
Quoting SmartKenya
...May PIPS come to you all...
Your trade is very good as it goes in the long direction after prices move up from the Donchian channel avay.

The blue staircase line is the predicted close for D1 for a Long-GoldenCross, and has also been crossed to the upside by prices.
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  • #217
  • Jul 19, 2023 2:24pm Jul 19, 2023 2:24pm
Quoting ahlim1708
... 1 Loss - EURUSD
Perhaps to take into consideration that after the move away from the Donchian-Channel, prices go short towards the blue stair line (forecasted closes on D1), therefore long trades have less chance of being successful.
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  • #218
  • Jul 19, 2023 3:02pm Jul 19, 2023 3:02pm
Here I post (exceptionally) for 7 days the indicators used in my previous charts:
https://uploadnow.io/f/LFCGSYN

- The trading commands are not yet active in the EA, the layout should still be discussed, and pleas dont use the EA yet.

- The GC indicators may still have small errors because I haven't actively traded for a long time and they also ran without updates.

- Someone can do a summary of the rules I've posted, then I can add my most recent comments.

- If someone suggests a new reasonable rule, one can quickly pick it up, test it and apply it.
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  • #219
  • Jul 19, 2023 4:19pm Jul 19, 2023 4:19pm
Quoting ahlim1708
1 Loss - EURUSD
He was your EU trade Short or Long?

I took Short and still active..
  • #220
  • Jul 19, 2023 6:03pm Jul 19, 2023 6:03pm
Quoting SmartKenya
{quote} He was your EU trade Short or Long? I took Short and still active..
Hi SmartKenya,
I took a Long position based on the previous 4HR Long entry signal. I might have missed out the Short entry signal on the next 4Hr candle which is my entry candle.
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