Golden-Cross Trading-Idea

Thank you so much for your kind reply, George, it really means a lot to me.

I'm thankful to you, RobinHood, and Emmanuel, all of you are generous mentors, sharing deep insights in public forums where lazy traders like me continue to learn and grow.

The post you have mentioend by Robinhood (Question 3) is eye opening.

In the traditional Triple Screen method (from Elder), we wait for the Weekly and Daily to align in trend direction, and then time entries on the 4H when it pulls back and starts to turn again. A clear, structured process.

But RobinHood brings a more dynamic and intuitive approach. He reminds us that lower timeframes must turn first before higher timeframes can follow, so rather than waiting for perfect alignment, he takes the time to study the entire structure from M → W → D → H1 → M30 → M15 → M5 → M2 , to get a true feel for how price is evolving.

I was always thinking that before a Daily chart can turn bullish, it must stop going down on the H4 → H1 → M15 (lower time frames) first. So technically, lower timeframes do "lead" higher timeframes.
Despite lower TFs turning first, we don’t want to base trades solely on them because:
--Lower Timeframes are full of noise.
--Higher Timeframes reflect the dominant market sentiment of the Big Players.
--Lower Timeframe trends can be traps.

It’s a great reminder that trading is not just about rigid rules, but about developing context and awareness of the full market environment.

Thank you again, George, for pointing me to that post. It really helped me clearing my concepts.

Use the higher timeframes to define the trend (W1, D1), and the lower timeframes to time entries (H4, H1, M15) in the same direction.
Higher TF (W1/D1) Defines the big picture trend
Middle TF (H4/H1) Spot pullbacks, structure, and momentum
Lower TF (M15) Entry timing when momentum aligns with higher TF

Your Golden Cross Trend Indicator beautifully summarizes the trend on the current timeframe, one higher, and one lower, making life much easier for the everyday trader trying to stay aligned with market structure.

Best
EN

Potential Long trade on XAGUSD
D1 LONG
W1 LONG
MN LONG

Just waiting for Golden Cross on H4 to take the entry.

Two options for me at this time
Shall I go for a Buy STOP at the 38.264

OR
Just execute on market as the signal appeared

2025.07.21 00:57:56.190 smGoldenCross Signals_v7.1 XAGUSD,H4: Alert: GoldenCross #H4# BUY 'XAGUSD' Price=38.117 [2025.07.21 02:57]
The price currently at the tim eof writing this postt is 38.233

I will see what happens before going to Office in the morning.
A kind request to George depending on time availabilty If can automate this placing of stop orders as it will make life easier for LAZY traders.
As the Entry values are calculated from the predicted close, in the BUY Trade scenario, EA can take Channel Offest from the Predicted Close to calculate the Entry Price and then can be placed Buy Stop order.
For the Exit of the trade the Entry value at Short signal once it appears can be considered depending on the one risk rules
If on the next bar order is not fulfilled, old Stop order cancelled cancelled and new one STOP order placed.

I have also noticed that most of the times forecasted exit values are not reached until the opposite side SELL signal appears when trend changes, and one can ride the trend which can lead to an increasing Risk to Reward Ratio.

Comments will be appreciated.

Thanks in advance

Best
EN

Update:
I placed a limit on the the above trade ad i went UP, UP and UP, so missed it, I have cancelled those orders on XAGUSD

USDJPY Trade :23072025

2025.07.23 10:35:51.761 smGoldenCross Signals_v7.1 USDJPY,H4: Alert: GoldenCross #H4# SELL 'USDJPY' Price=146.905 [2025.07.23 12:35]

I am bit confused as I have entered a market order,
If we look at the values in the data window the on the Current H4 bar the high the candle high is 146.801 and the alert is Sell Price 146.905
We cant place SELL STOP as for SELL STOP order (SELL STOP Price should be lower than the Current Price, we can go for SELL LIMIT at 146.905

Any comments will be much appreciated.

Best
EN

The arrow and the value for a sell order are wrong, and I need to correct the error.

USDJPY - Trade Update
Quick update on the USDJPY setup, SL was hit.

It didn’t play out as expected, and the market had other plans this time. These losses are part of the learning process and I’ve got no choice but to keep going. This is the path I’ve chosen, and I’m not letting a few setbacks push me out because stopping is simply not an option.

(I am just uisng the fixed SL and TP)

I’ll be reviewing my previous setups and hopefully some insight from George will be helpful.

Best
EN

4 trades this week 2 losses 1 win and 1 breakeaven, it's been a bit of a negative week, but it's part of the process, good weekend to all of you

this is how I see the chart, it will be bullish again shortly

[quote=ENoris;15325352]USDJPY - Trade Update Quick update on the USDJPY setup, SL was hit. It didn’t play out as expected, and the market had other plans this time./quote]

The entry should be short. Since the signals are near the lower Donchian Channel, short trades are riskier than long trades, and one could wait for rebounds with corresponding signals.

1. If the price drops by HalfRange, a BreakEven of 20 points should be set.
2. If this wasn't done, one should exit at the local trend reversal (MA-Close > MA-Open).
3. A general exit should be placed at 2xBarRange above the lowest local low. This corresponds to the Chandelier StopLoss.

Dear George,

First of all, thank you so much for taking the time to respond, I truly appreciate your insights and the generosity with which you share your knowledge.

I’m constantly learning, and your guidance always brings valuable perspective to me and all the users.

I must apologize if I’m bothering you too much with my questions. I’m just very eager to understand and improve, and your feedback plays a big role in that process.

Regarding this particular trade, I actually entered a SELL position, so I believe you might be referring to the idea that a LONG entry would have been more appropriate in this context, given the proximity to the lower Donchian Channel.

Please correct me if my understanding is wrong.

Your comments about managing the position with BreakEven after a HalfRange move and using the Chandelier StopLoss based on 2xBarRange above the local low are extremely helpful. I’ll definitely be reviewing the trades again with those exit criteria in mind, as well as the MA-Close > MA-Open signal for reversals, its very insightful.

Thanks once again.

Best
EN

WoW, WoW, WoW,

What am amazing day for me today.

As I’ve mentioned before, I’m not an experienced Forex trader, nor have I not clocked 10,000/ 12,000 in the mastery hustle like in any professional fields. I'm just lucky that I found the right thread, the right person (George aka SwingMan), and his Golden Cross and SmallWick methods.

Unfortunatey I lack programming skills and I am a slow learner and on top due to few health few health issues cant focus too much, but I can clearly see the potential in both of these systems.

Today, I had a day off and thought I’d make the best use of it, and here are the results

SmallWick
I’m absolutely amazed, as I’ve never had a day like this before. I took 10 trades using the SmallWick method and all 10 were winners.
Golden Cross

Took 1 trade and again, a winner.

I have a kind and humble request to George, if time permits, please consider creating an automated trading version or a functional Auto trading Grid Database for both the methods, similar to the one you previously released and shared here smSqueeze DB EA_4.3.exe as this would be incredibly helpful for "LAZY Traders" like me, and many others in the community.

With the introduction of AI, coding and automation have become much more accessible. I believe, George this could make your powerful methods more widely usable.

Also, a request to fellow members to participate actively in the thread and I hope that will motivate George to build and test new ideas from our feedback and also from thefeed back of the members who have MQL programming skills. If the inerested members can take the initiative and share their own versions or enhancements, it would be of great help to the community.

Thanks once again George, I have no more words.

Best
EN

Trade Update:
02-08-2025 BTCUSD and ETHUSD

I just wanted to share a quick update on today's trades using the SmallWick approach, specifically on BTCUSD and ETHUSD.
As the crypto market declined, the setup generated clear signals. I took the trades using fixed SL and TP levels, and the results were positive. That said, I can clearly see that with proper trade management, especially dynamic trailing and scaling out , the profits could have been significantly higher.

Trade management remains one of my weak areas, and I’m actively working to improve it.

George I've been spending time studying your old posts. It’s a great learning experience, even though I’m still very new to all of this. Your work is helping me grasp ideas I would’ve struggled to understand on my own.

Thank you again for your continued support and generosity, for what you have shard publicily in the thread and the forum. That means a lot to someone like me who is learning one step at a time, who is a slow learner and a LAZY TRADER.

It’s a bit disappointing to see how few members are engaging in the thread, especially considering how many have benefited from the tools and wisdom you’ve shared. I genuinely hope more people start contributing, even small updates or feedback ,just to keep the spirit of your work alive.

Best
EN

Something going wrong with my sleep pattern ,was unable to sleep due to some medication chnages.
Early morning trade on BTCUSD
Thanks to George again for his wonderful tools and methods

Hello Everyone,

I’m recovering slowly and will be back in full form soon.

Just wanted to share one of yesterday’s trades:

NZDCAD on the H4, using the SmallWick

I had set TP1, TP2, and SL. I was not monitoring the trade (as ususal set and forget).

In this trade, TP1 was hit, but later it reversed and hit the Stop Loss.

I know that money management is my weak area. This has happened to me many times, trades go into profit, but I fail to secure the green PIP$, and I end up with an overall loss.

I’m working on this and am confident I’ll overcome it soon.

Happy to hear any feedback from George or suggestions from the community.

When reaching 1/2 Tp1 and at the latest at TP1, one should set a breakeven of 10-20 ticks.

For Scalping Just follow up the Trend at M1 - M5, and Breakout, Once Break Enter SL Above Last 2 candle

i Tried almost u can say have 80% Accuracy

Thanks for suggetsions.

Due to my limited screen time , I prefer to trade H4 and above.

Even if I want to scalp I will use H1/H4.

I am still learning, I am a lazy trader and cant compete with the traders using lower time franes so will steer away from lower time frames.

More Trade Updates using SmallWick

USDCAD and EURGBP (H4 trades) — both TP1 and TP2 successfully hit.
GBPCHF and NZDUSD (H4 trades) — both still running; TP1 hit on each, currently waiting on TP2.

George, I’ll take a deeper dive this weekend into what you suggested about locking in profits — really appreciate your input.

Note: I've temporarily reduced my risk per trade from 0.5% to 0.25%.

After studying Dr. Alexander Elder, I’ve now started reading Jake Bernstein, what a brilliant trader, author, and speaker. Really enjoying his work so far especially MA channels, (10MA Open/ 8MA close)

We need to know the trading method / system and have a belief in it which develops decipline.

I've come and gone from this thread and reread numerous times and not quite understood the full method provided from swingman, lots of information to digest. For some reason this method seems to resonate with my personality. I'd like to thank swingman for his contribution, not only here but on forex factory. I have seen many contributions made by him over the years and I want to personally thank you. Additionally want to thank ENoris for putting together a well written document that has helped me grasp this method and I'm eager to test it out......thanks vey much appreciated and it must of taken you a long time to put that together.

If I may I'd like to ask a couple of questions, I've setup my chart using goldencross 5.1 and golden cross slope 2.1, my understanding is that its best to trade on H4 time frame. So when you open a chart with H4 and the recent colour is green, this means that the upper time frame (daily is bullish?) if so does this also mean if I open up a hourly chart and its green does this mean the H4 is bullish? does it work this way or is the indicator optimised for H4/Daily?

Next question:- When this indicator signals a cross in the direction of the trend and gives a predicative entry and you set your buy/sell stop but the slope indicator has not flipped in your favour, do you wait while the next candle is printing to see if it flips, if it does your all set to go? If not do you walk away or alternatively wait until the slope flips then enter. (I think i read you look for other opportunities)

At the moment I'm focusing on these 2 indicators then I'll introduce the donchain channel to further enhance my probabilities.

Hopefully I can post some charts next week......thanks again

New version smGoldenCross Signals_v8.0

A few changes were made to the previous version 7.1.
The signals should now be error-free on the last bar, so please document and post any discrepancies.