Quoting sertioDislikedMy suggestion is do not use EA, discretion is needed at times.Ignored
Quoting sertioDisliked
The indicators are 5 EMA, 12 EMA and RSI 21 with level 50Ignored
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Quoting sertioDislikedMy suggestion is do not use EA, discretion is needed at times.Ignored
Quoting sertioDisliked
The indicators are 5 EMA, 12 EMA and RSI 21 with level 50Ignored
Quoting bagovinoDislikedHi All,
I just wanted to start a thread sharing the most successful Forex trading method to date!
I have caused alot of shake ups on other threads due to the domination of my method on their posts so I chose to start my own.
Here it goes... It's quite simple. On a 1 Hr chart, plot 5/12 EMA's. Plot RSI set at 21. When the 5/12 crosses up and the 21 RSI crosses above 50 you go long. When the 5/12 crosses down and the 21 RSI goes below 50 you short.
This method is proven to be at least 85% accurate!
I leave this thread open to any and all improvements. I thank you for your time and I hope this helps you all become more successful traders!!!
BagovinoIgnored
Quoting Joules360Dislikedguys:
im starting a 19 pair test on the the 1 hour bago starting tonight on ibfx....i'd like to let it run for a month to get a real idea of what pairs are the best to trade. i dont think backtests are accurate so this forward test for a month should give me a good idea of which pairs to keep and which to discard.
if anyone has already done this legwork....appreciate any input...
thanks,
joules360Ignored
Quoting clam61Dislikedsince you wait for the candle to close, wont a back test be accurate?Ignored
Quoting maihuaDislikedSimply try to analyze different ТF.Ignored
Quoting ZeuzereDislikedHi!
For the fun of it, today i did a new indicator base on this method...
http://www.robotforex.com/forexfactory/bogavino.gif
Look like macd :-)
Green -> Daily filter, RSI >= 50, Period(14)
Red -> Daily filter, RSI < 50,Period(14)
white line -> Rsi is over 50 when its above the zero line, Period(21)
white line -> Rsi is below 50 when its below the zero line,Period(21)
Histogram -> >0, 5 cross 12 go long
Histogram -> <0, 5 cross 12 go short
So when white line and historigram go over zero(Cross MA) and daily filter go green... Go Long....
If there is modification to be done, please let me know...
Its a test, so tell me if you like it or not...Ignored
Quoting clam61Dislikedhi zeuzere
great
maybe you could make the indicator so that it does not show all the green and white lines (we dont need it), but simply puts an up arrow or down arrow on the chart when all of these things happen together?Ignored
Quoting traderoneDislikedZeuzere....
What time frame is your chart?Ignored
Quoting bagovinoDislikedZeuzere,
I like it!!!! Instead of the daily RSI 14 over and under 50, we should use the 4HR RSI 14. The 4 hour gives more trades.
Can you make the adjustment? Thanks!
Great work!
BagovinoIgnored
Quoting bagovinoDislikedZeuzere,
I like it!!!! Instead of the daily RSI 14 over and under 50, we should use the 4HR RSI 14. The 4 hour gives more trades.
Can you make the adjustment? Thanks!
Great work!
BagovinoIgnored
Quoting clam61Dislikedis the reliability the same?Ignored