Golden-Cross Trading-Idea

Hello George,
Please find attached the GBPUSD H4 chart.
I’m trying to understand the logic and relationship between the small hollow circle, the small square with an embedded dash, and the small horizontal arrow on the chart. I’ve marked two specific points for your review:

1. At the first point, the price did not reach the level of the small square, yet the arrow appeared. Could you confirm if this behavior is correct or expected
2. In the second-to-last bar, I noticed that the small square with the embedded dash is not displayed. Is this intentional, or does it indicate something that needs correction? I’ve observed similar patterns across other currency pairs and timeframes. Could you provide insight into these observations?

Thank you for your assistance.

Best regards

Hello Traders,
I was a bit free today and wanted to share what I found after analyzing the chart withe the most important indicator smGoldenCross Signals v7.1 (coded by legendary George aka SwingMan for the Golden Cross Trading system).
This indicator uses a 5-period Linear Weighted Moving Average (LWMA) to detect high-probability trade setups and delivers them with unique graphical cues, I will be discusisng only these below

1. Hollow Circle (Green/Red)
2. Square with Dash
3. Horizontal Arrow (Blue/Red)

Let’s break these down with logic, usage, and trading implications

1. The Hollow Circle with Dot (Wingdings Code 164)
This circle is a forecasting signal and gives us an early visual clue of a possible crossover between the 5 LWMA of Close and Open.

1. Green Hollow Circle: Bullish Forecast → If the close rises further, a crossover (Close > Open on LWMA) will occur.
2. Red Hollow Circle: Bearish Forecast → If the close drops, a bearish crossover is expected (Close < Open).

Logic: This point is calculated using a predictive function and plotted based on whether the forecasted close would lead to a crossover condition. It may be plotted even if the price is outside the current candle range, since it’s predictive.

2. The Square with Dash
This square represents the Predicted Crossover Level. It is plotted after the Hollow Circle as a second-stage filter that incorporates volatility buffer.

1. This value = Forecasted Close ± Buffer (ATR/Channel based)
2. It’s considered a validation level. If price reaches this level, the setup is closer to confirmation.

In some cases, the square is at the same level as the Hollow Circle; in others, it includes a buffer.

3. The Horizontal Arrow
This is the actual trade signal.

1. It appears when all conditions are met and price has touched the calculated entry price.
2. Its presence indicates that a BUY-STOP or SELL-STOP level has been triggered and confirmed.

If this arrow appears and price is still nearby, a market order may be better than a pending one.

4. Example Scenario Explanations

1. Hollow Circle below the bar → Forecasting bullish crossover
2. Square with Dash at same level → Valid predicted cross level
3. No Arrow → Do not place trade yet
4. Arrow appears later → Valid signal confirmed → Execute the trade

Sequence to Understand: Hollow Circle → Square with Dash → Horizontal Arrow
(Forecast → Buffer → Confirmation)

5. BUY STOP /SELL STOP Recommendation Panel
This panel appears in the top right of the chart and includes:

1. Symbol
2. Recommended Order Type (BUY-STOP or SELL-STOP)
3. Entry Price, Stop Loss, and Break-Even

Conditions:

1. Price comes near the predicted crossover
2. Trend alignment is valid
3. Buffered level is computed and valid

If the arrow hasn’t appeared, prepare a pending stop. If it has, use a market order if price is close.

6. Alert Pop-Ups
Alert:

This alert means the signal is valid and near ready. If no arrow yet, monitor price; if close to Square with Dash, place a stop order.

7. Key Takeaways for Beginners

1. Start by spotting the Hollow Circle → it’s the forecast.
2. Check the Square with Dash → buffer/validation level.
3. Only act once the Horizontal Arrow appears.
4. If it hasn’t appeared, use the order panel to prepare stops.

8. Final Notes
This system follows a logical sequence:

Hollow Circle → Square with Dash → Horizontal Arrow (There are so many other things to check before execution of the trade but as i exploring this indicator so I have limited myself to this indicator only)
(Forecast → Confirmation Zone → Signal Execution)

1. If you only see the Hollow Circle, it’s early.
2. If Square appears, prepare your stop.
3. If Arrow appears, check price and execute trade.Hope this information helps others confidently trade with smGoldenCross Signals v7.1 and clear any doubts if any

A request again to all the readers to participate, share trades with the clear charts so that we all can learn and grow together.

Best
EN

Donchian Task:
- Partially correct, but the horizontal channel lines require arrows for 6 bars.

(Please always draw the moving averages and enter the indicator name you are testing).

1. When the price reaches the forecasted Close from bottom to top, the potential Buy-Stop is drawn.
Hovering over the horizontal arrow displays: "indGC_entry_price_UP_Date_Price"

2. The overarching trend is short (MA(30))
The MA-Close is below the MA-Open, and the forecasted Golden Cross circle is green, indicating a potential long trend reversal.
Hovering over the circle displays: "Price for Crossing UP: Price"
BUT the overarching trend is short, and a long trade is not recommended.

Note:
I have found the cause of some unclear signals, especially on the last bar and when the MA-Close position oscillates above/below the MA-Open.
I will post the correction soon.

Dear George,
Apologies if my post caused any confusion or extra work for you. I had intentionally removed the indicators to highlight the specific points of confusion more clearly.

I thought it might make things easier. But now, looking at it from your perspective, I can see how it might have made things harder instead.

I’ve carefully noted all the points you've mentioned in your reply.

Thank you once again for your ongoing help, support, and generosity in guiding the community. I truly appreciate the time you take to respond to my queries. Again sorry if I am asking and posting too much.

Best
EN

GBP/JPY close to reaching its TP2. W1 and D1 bullish, it only remained to wait for the alignment of H4 and the confirmation of the indicators.

Great start of the week

Thanks, @Fream1, for updating us about your trade and for your valuable contribution to the thread.

It’s great to see you are using the Golden Cross trading idea by SwingMan. I was starting to think I might be the only one trying to implement it and bothering SwingMan with my beginner level questions. So atleast I am not alone.

The more members who test and share their results, the more we can all learn and grow together.

Wishing loads of green pips to all Golden Cross Strategy users.

Best
EN

Dear Geoge and fellow traders,

I’d really appreciate your suggestions on how to better manage trading with the Golden Cross Strategy, given some time constraints.
I’m in the office from 09:00 to 18:00 (Mon–Fri), so it’s difficult to monitor MT4 frequently during the day. I’ve been looking at the H4 time frame with bar openings at:
06:00, 10:00, 14:00, 18:00, 22:00 & 02:00
Here’s my current challenge:

1. I miss the 10:00, 14:00, and 18:00 bars because of office hours.
2. The 06:00 bar is possible, but I’d need to adjust my sleep schedule.
3. The 22:00 bar tends to be inactive.
4. The 02:00 bar is during my sleep. (By chance since last few weeks I am awake at this time)

I'm currently trying to monitor a few selected pairs (as shown in the attached image) and, for example, just before the upcoming H4 bar, only GBPNZD is triggering a SELL STOP alert.

My Queries:

1. Is there a better way to deal with these timing limitations while still making the most of the Golden Cross strategy?
2. Would switching to the Daily (D1) timeframe be a better option in my case?
   If so, is there an efficient way to flip through the D1 charts for all pairs at once without manually changing each one and then switching them all back to H4?

Any tips, shortcuts, or workflow suggestions to help a lazy trader like me manage things more efficiently would be much appreciated.

Thanks in advance, and wishing you all loads of green pips.

Best
EN

I think I read that @RobinHood also trades the D1 timeframe to have inner peace during the day.

Thanks George for your suggestion and for pointing me to the @Robinhood way of trading on the D1 time frame.

D1 setups can last for several weeks. From now on, I’ll try to use both H4 and D1 charts for my analysis and execution

Here is a setup that appeared on my shortlisted 9 pairs for AUDUSD H4
The top left panel was indicating that D1 is in a downtrend.
However, when I checked the D1 time frame, WL was pointing LONG.

I placed a SELL STOP based on the top right panel’s signal, risking 0.5% of my account.

In the subwindow, the Slope indicator is blue and showing an up arrow, which isn’t in favor of the short trade.

However, if price moves down and triggers the SELL STOP, the indicator may also turn bearish and align with the direction of the trade.

Your comments (if time permits) would be much appreciated.

Also, a humble request, whenever you get some time, please post a few learning charts. It would really help, especially for lazy traders like me, and for others too.

Best
EN

My update on the trade, as I opted for SELL STOP,

I was leaving for office and noticed this first alert appeared (2025.07.09 08:36:27) and I took the screen of the chart as attached.

The small red vertcial arrow also appeared for the SELL 0.65419 with the alert message in the Expert Tab

SELL STOP was triggered on on 2025.07.09 10:53:06

Dear George, please can you tell me (time permitted) whether
Placing SELL STOP at 0.65224 (as per top right message, as I have done) is the correct way
OR
Placing SELL STOP at 0.65419 when the alert appeared.

Since then I checked these alerts were generated for AUDUSD in the Expert tab
2025.07.09 10:00:01.351 smGoldenCross Signals_v7.1 AUDUSD,H4: Alert: GoldenCross #H4# BUY 'AUDUSD' Price=0.65205 [2025.07.09 12:00]
2025.07.09 08:36:27.307 smGoldenCross Signals_v7.1 AUDUSD,H4: Alert: GoldenCross #H4# SELL 'AUDUSD' Price=0.65419 [2025.07.09 10:36]

Regarding the exists I have read your posts and placing SL, exiting tarde is one ones own choice depending upon the risk appetite, but if you can just summarize the entry rules in few rules I can be very helpful.

Sorry for asking these questions but i am sure it will help me better understand the concepts/ logic and I can make more positive contributions the trading idea and in this thread.

Best
EN

Update on AUDUSD Trade:

Unfortunately, the SL was hit on this trade.

No worries though, I understand that losses are part of the journey, especially as I'm new and an still getting familiar with this powerful system. I’m treating this as part of the learning curve, and every loss is just fee for improving my skills.

I truly appreciate the immense effort SwingMan has put into developing and generously sharing such system with the community. It’s clear there’s a lot of depth and precision behind each indicator and concept.

If possible, I would be very grateful for any insights or feedback from George (SwingMan) regarding this particular trade setup. Understanding what could have been done differently would be incredibly helpful for my growth, and I’d like to avoid repeating the same mistake going forward.

I took all the alerts for AUDUSD from the expert tab since the SELL STOP was placed
2025.07.09 14:06:13.123 smGoldenCross Signals_v7.1 AUDUSD,H4: Alert: GoldenCross #H4# SELL 'AUDUSD' Price=0.65413 [2025.07.09 16:06]
2025.07.09 10:00:01.351 smGoldenCross Signals_v7.1 AUDUSD,H4: Alert: GoldenCross #H4# BUY 'AUDUSD' Price=0.65205 [2025.07.09 12:00]
2025.07.09 08:36:27.307 smGoldenCross Signals_v7.1 AUDUSD,H4: Alert: GoldenCross #H4# SELL 'AUDUSD' Price=0.65419 [2025.07.09 10:36]

Thank you again for all the wisdom shared here.

Best
EN

New entry today on GBP/CAD, D1 and W1 aligned (bullish) and at H4 the price pulled back to give me an entry marked on the screen.
Great week, there were many entries that I could not follow because I limit myself to trading a single currency and not overtrading.

Hope you are well, greetings to all

EUR/USD, we will see how it goes

Stop loss hit, we continue

Always draw the main trend MA(30).

You shouldn't have taken a long trade here.
.

Hello George (SwingMan) and Fellow Traders,

Sorry for being inactive, was caught up with some family commitments.

I wanted to share two trades I took today using the SmallWick idea on the H4 timeframe. It’s turning out to be a very insightful and practical too. TP1/TP2 achieved on both and the Credit goes to one and only the legendary SwingMan.
I forgot to take the screen shots after order palcement , so took the screen shots later, added the trade levels from the Account history tab, so the bottom right panel is not showing the the correct values as they were the time of entry.

I also forgot to add the smSlope2.1 and the SmStochatic_v1.0 indicators for further confirmation, but will add them in my SmallWick tempate for use in the future trades.

While using the SmallWick indicator, I noticed a few things that hope that you can clarify a bit (time permitted).
– After signals (Entry, TP1, TP2, Exit) are plotted on the bar, they sometimes shift to new levels on the same bar, possibly when a new high or low forms after the signal was initially placed?
– The panel on the bottom right (Entry, TP1, TP2, Exit) sometimes shows only labels without values, and other times values appear without the labels.
– When switching timeframes, both values and labels often disappear, and only the HalfRange with its value remains.
– In some cases, only the HalfRange label is visible—no signal or target levels show up.
So I’m wondering:

1. What causes the plotted levels to shift after the signal appears?
2. Are the missing labels or values intentional or a display issue?
3. Is there a way to “lock” the signal once it’s printed?

On another note, regarding the Donchian Channel logic: you’ve mentioned several times in the thread that when the Donchian Channel (30) reaches a new high, a rebound can occur, and that during the first 6 bars after a new high/low, one should trade in the opposite direction of the main trend.

I’ve noticed that sometimes after price touches the upper Donchian band, it keeps moving up for several more bars. That got me thinking
Should the reversal idea only be considered after the Donchian Channel flattens (no more higher highs/lower lows)?
Or
Is it meant to be taken immediately after the first touch, even if the channel is still rising or falling?

Would be extreemly helpful if you could clarify this point. Maybe I’m misinterpreting the logic, but I want to make sure I understand the “6-bar reversal” concept correctly.

Also, on the topic of money management on this trade.

I found it a bit tricky to calculate the lot size using the information from the panel of smGoldenCrossSignals_v7.1 as here was none in the indicvator to calculate position size based on risk and account size. Then I split the lot into two parts so I could handle TP1 and TP2 separately for partial exits.

It worked out fine, but was quite manual and time consuming.
George, just wondering if you’ve ever considered (or already made!) a money management tool to go along with these indicators? Maybe something that:
– Calculates position size based on % risk and SL
– Automatically splits lots for TP1 and TP2
– Integrates with SmallWick logic for easy trade planning

Hopefully you may already have something for lazy traders like me.

Going forward, I’ll continue using both the methods GoldenCross and SmallWick ideas separrately

Thanks again George for all guidance and the tools you have shared

Best
EN

I made two trades in the afternoon, 1 loss and 1 win (1:3 RR) on usd/cad and usd/jpy

Hello George and Fellow Traders,
I took two trades (actually four, since I split each into two parts, to get TP1/TP2) based on the Small Wick concept before leaving the office. I will update the results later.

Meanwhile, I have a few more questions for George. I know it might seem like I’m bothering him the most with all my silly questions but my intention is to ask as much as I can to clearly understand the concept.

Hopefully, it helps me and also others following the thread. And I am sure George can use this feedback to improve the tools further.

In the GoldenCrossSignal v7.1 and GoldenCrossTrend, we have clear popups/alerts for stop orders. But in the SmallWick indicator, there’s no such feature (at least as far as I can tell).

Here’s my scenario:
I’m sitting in front of the screen, watching the chart. The bottom-right panel is empty—no signal, no levels.
Suddenly, a SmallWick signal appears and levels are plotted on the bar (Entry, TP1, TP2, Exit).
At this point, how should the trade be executed?

1. Should I go for Instant Execution as soon as the signal appears?
2. Should I place a Buy Limit, if price is currently above the Entry level?
3. Should I place a Buy Stop, if price is currently below the Entry level?

Also in the AUDUSD chart as price is making a new high (touching Upper DC line) taking a buy entry here is OK or shall one go for Reverse for the firt 6 bars after touching DC?

Would really appreciate some guidance on the correct execution approach based on how the SmallWick signal behaves in real time.

Best
EN

GBPUSD Trade from 09-07-205 finished in Green using Golden Cross Strategy.
Thanks George.