Trend Follower 5 Minute System | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

4 HD system (trend follower) 3 replies

Journal for Trend Follower 5 Minute System 9 replies

Trend Follower System Programming 4 replies

A good EA trend follower? 2 replies

trend follower system templates and indicators an issue 5 replies

Attachments: Trend Follower 5 Minute System
Exit Attachments

Trend Follower 5 Minute System

  • #1
  • First Post: Edited Oct 28, 2019 8:47am Jul 26, 2007 3:34pm | Edited Oct 28, 2019 8:47am
I have been a forex trader since more years. From time to time I still trade, but my trading times have increasingly droped since I feel its more and more boring waiting for the market to give you a proper signal all day. The main reason why I am writting this article is because I do not like to sit behind my desk all day. So I have deiceided to give it to all of you who want to benefit from it. Price for my system was three hundred dollars, but due the relativity of success in the forex market I now have deiceided to give away my system information for free. Winning the forex market depends 70% on the trader, the other 30% is the system, so I think it was not fair selling my system even if it has a high probability rate. If you win or lose depends a lot on your personality and feelings so one might lose even if he has the best system in the world. The system was designed during carefull analysis of the market in the time of more than six months. It does not need any improving, nor changing. It is fully optimized for trading, so do not attempt to change any indicators or settings! Trade it as it is, demo trade it for at least two months to get a proper feeling of all the indicators and the system altogether. Last but not least, I am not responsible for any financial loss or benefit this information will bring you. You as a trader cary full responsibility for what happens with your money!

Timeframe: 5 minutes
Trading time: From EU open untill US close
Recommended Forex Pairs: USD/JPY, USD/CHF, GBP/USD, EUR/USD, USD/CAD, AUD/USD, EUR/JPY and Gold

As I simply do not have the time to write here again the procedure and whole description with screenshots, you will have to go the make money with forex thread and read the whole manual. If you have questions you can post them here at the forum or at the official faq page. I will try to answer them best to my knowledge.

Best Of Luck,
Urban.

Edit 28/11/19
Attached Image
  • #2
  • Jul 26, 2007 3:43pm Jul 26, 2007 3:43pm
thanks The Wicker.
I'm going to look now.
dom
  • #3
  • Jul 26, 2007 6:17pm Jul 26, 2007 6:17pm
Many thanks for sharing, mate.

Looking forward to trying this one out.

Take care.
  • #4
  • Jul 27, 2007 4:20am Jul 27, 2007 4:20am
Thanks for sharing it with us,man!
  • #5
  • Jul 27, 2007 6:30am Jul 27, 2007 6:30am
Well, I looked at the link where the system is described and the last two links

PART VIII - The Rules
PART IX - Summary and Download

do not work

I am getting a message "page not found". So I actually did not find out how this system is supposed to work. Can you please fix it? Or did you remove on purpose?
  • #6
  • Jul 27, 2007 6:36am Jul 27, 2007 6:36am
Quoting hotstorm
Well, I looked at the link where the system is described and the last two links

PART VIII - The Rules
PART IX - Summary and Download

do not work

I am getting a message "page not found". So I actually did not find out how this system is supposed to work. Can you please fix it? Or did you remove on purpose?
Sorry about that, I have compiled all the pages into a single one and deleted the rest. Just go to the first page here for the whole manual.
  • #7
  • Jul 27, 2007 6:57am Jul 27, 2007 6:57am
Thanks for sharing.

I trend trade the 5 minute on some of these markets too at the same time so it was interesting to see how you chose to capture the movement. Its all about eliminating noise without geting in too late. Some good ideas.
  • #8
  • Jul 27, 2007 7:14am Jul 27, 2007 7:14am
Thank You,

I do like your internet fraud section, everyone should read that and put the scammers out of business.

Mart
----o00o--°(_)°--o00o----
  • #9
  • Jul 27, 2007 9:02am Jul 27, 2007 9:02am
Quoting mart-hart
Thank You,

I do like your internet fraud section, everyone should read that and put the scammers out of business.

Mart
Thanks for positive feedback!
  • #10
  • Jul 27, 2007 7:06pm Jul 27, 2007 7:06pm
I´ve been running few charts and found a little "bug" on your strategy.
Please watch eurjpy 1H. There is a clear downtrend with several short entry signals; Red above green. BUT, macd is alwys negative what disable us from ridding the wave.
My point is.. In a downtrend, macd is always negative.. and that is the only way to enter the trade.

Just my contribution.

I have to say that you did a great job. Most of the noise got cleaned with macd and laguerre. But many good trades were taken out. I´m testing a little tweek on your strategy that seems to get more trades with noise filtered. Still testing. You really did a great job here.

I´m watching this thread also:
http://www.forexfactory.com/showthread.php?t=38436
both seems to have lots of usefull information.

Cheers
"Hoe ur pips mate?" fxcarllos
  • #11
  • Jul 27, 2007 8:04pm Jul 27, 2007 8:04pm
HI WICKER
i can not open your link ,why???
  • #12
  • Jul 27, 2007 10:26pm Jul 27, 2007 10:26pm
WICKER,

Could you please post your strategy with indicators here at FF? Thanks!
  • #13
  • Jul 28, 2007 4:42am Jul 28, 2007 4:42am
Hi Wicker

Thank you for your system. Looks very interesting. I was wondering if you could post the MT4 template for your system...

Many thanks
  • #14
  • Jul 28, 2007 5:35am Jul 28, 2007 5:35am
Guys the indicators are posted at the bottom of the webpage where is says download.
http://onlinefraudprevention.blogspo...-follower.html
Just scroll to the end of the page.
It's just above the comments.
  • #15
  • Jul 28, 2007 5:48am Jul 28, 2007 5:48am
But for those who don't want to wait the 30 mins for rapidshare to give them access here it is...

Lux
Attached File(s)
File Type: zip TrendFollower.zip   20 KB | 35,684 downloads
MT4 EA, Indicator and Alert Coder Since 2006
  • #16
  • Jul 28, 2007 6:58am Jul 28, 2007 6:58am
can't find the Laguerre indicator in the blog so here is the version I've got


Quoting luxinterior
But for those who don't want to wait the 30 mins for rapidshare to give them access here it is...

Lux
Attached File(s)
File Type: mq4 Laguerre.mq4   3 KB | 6,459 downloads
TRADE FOR SWAP
  • #17
  • Jul 28, 2007 7:15am Jul 28, 2007 7:15am
Quoting luxinterior
But for those who don't want to wait the 30 mins for rapidshare to give them access here it is...

Lux

Please post the MQ4 of the template.
Thanks
  • #18
  • Jul 28, 2007 8:26am Jul 28, 2007 8:26am
Quoting Carllos
I´ve been running few charts and found a little "bug" on your strategy.
Please watch eurjpy 1H. There is a clear downtrend with several short entry signals; Red above green. BUT, macd is alwys negative what disable us from ridding the wave.
My point is.. In a downtrend, macd is always negative.. and that is the only way to enter the trade.

Just my contribution.

I have to say that you did a great job. Most of the noise got cleaned with macd and laguerre. But many good trades were taken out. I´m testing a little tweek on your strategy that seems to get more trades with noise filtered. Still testing. You really did a great job here.

I´m watching this thread also:
http://www.forexfactory.com/showthread.php?t=38436
both seems to have lots of usefull information.

Cheers
I have read this in the strategy:

Long\Buy

ENTRY: First We wait for a long signal alert
...
MACD: This is important! When you get the signal MACD must be above 0
...

Short\Sell

ENTRY: First We wait for a short signal alert
...
MACD: This is important! When you get the signal MACD must be above 0
...

I guess this must be "under" instead of "above", when selling/shorting?
  • #19
  • Jul 28, 2007 11:43am Jul 28, 2007 11:43am
Quoting AmatPro
I have read this in the strategy:

Long\Buy

ENTRY: First We wait for a long signal alert
...
MACD: This is important! When you get the signal MACD must be above 0
...

Short\Sell

ENTRY: First We wait for a short signal alert
...
MACD: This is important! When you get the signal MACD must be above 0
...

I guess this must be "under" instead of "above", when selling/shorting?
Thanks for the notice, this is a typo, it clearly has to be below 0.
  • #20
  • Jul 28, 2007 11:44am Jul 28, 2007 11:44am
Quoting Carllos
I´ve been running few charts and found a little "bug" on your strategy.
Please watch eurjpy 1H. There is a clear downtrend with several short entry signals; Red above green. BUT, macd is alwys negative what disable us from ridding the wave.
My point is.. In a downtrend, macd is always negative.. and that is the only way to enter the trade.

Just my contribution.

I have to say that you did a great job. Most of the noise got cleaned with macd and laguerre. But many good trades were taken out. I´m testing a little tweek on your strategy that seems to get more trades with noise filtered. Still testing. You really did a great job here.

I´m watching this thread also:
http://www.forexfactory.com/showthread.php?t=38436
both seems to have lots of usefull information.

Cheers
Please read above post, I have made a mistake in writting, it must be ofcourse below 0 not above for short.
3 traders viewing now