Golden-Cross Trading-Idea

Well, nothing changed in general. Deleted pending order (trend changed) and added one.

Hi mate, I like your chart setup. Not sure what the indicator(s) in the lower window are so thought I would ask. If you don't mind, may I ask what indicator is that and if you'd be happy to share/point me in the right direction where to get. I understand it would be high rr if can hop in from lower tf to higher tf trades and want to give it a go. Thank you.

Did not open new orders. Two more pending orders triggered yesterday. I saw +32 yesterday floating in my balance but now it is negative as you can see)))

Hello dear SwingMan
Given your sentence "When the long-term 30-day moving average (MA30) is trending upwards, you should avoid short trades.
An exception would be a signal within the first six bars where the upper Donchian Channel is reached." and the image below, I wanted to see if you were to add a filter other than intuition (because you said to avoid counter-trend trades if you don't have good intuition) to enter on counter-trend signals that have touched the Dochian channel, what would you add?
(The image perfectly shows the power of your method in trading in the direction of the trend, however my question here is about the conditions for counter-trend entry)

Exactly 60 years ago, I learned from a professor:
"If you pee against the wind, you'll get wet."

This applies to interpersonal relationships, politics, and even forex trading...

If the countertrend hasn't established itself yet, I don't have any "trend trading ideas" yet.
However, since the Donchian Channel has been reached, my "Small-Wick Trading Idea" can be applied to individual bars,
but I haven't posted much about that.

Opened 2 more pending orders and hit SL this night.

Thanks Swingman, are you able to kindly provide a visual for this strategy please? Thank you.

You can see post #1

It looks like trend is changing.

Well, 3 SL today((

Hello Kadosh,

First of all, thank you for actively testing the Golden Cross indicators and for consistently sharing your charts and trades. That effort benefits everyone following the thread.

Hopefully, George will also comment on your trades and guide you accordingly, as his observations and feedback naturally carry far more value and weight than mine.

What I share below is simply based on my limited understanding of the system.

A few suggestions from my side, based on my limited experience:

1. Always try to trade in the direction of the higher time frame.
   In most of the charts you have posted, your execution time frame appears to be D1, which means your higher time frame is W1. In that case, it is generally advisable not to trade against the W1 trend when executing on D1.
2. On the D1 chart, pay close attention to the slope and position of the LWMA lines.
   
   For BUY setups, ideally:
   1. Price should be above both the 5 LWMA and 30 LWMA
   2. The 5 LWMA should be above the 30 LWMA
   3. If price is between the 5 LWMA and 30 LWMA, I personally treat that zone as a No Trade Area, as I try to avoid counter-trend trades.

   The opposite logic applies for SELL scenarios.
   

3. I also noticed that the lot size in your posted trades appears to be fixed at 0.01
   I am not sure how much risk that represents per trade for your account. Are you taking trades based on the trade parameters displayed by the smGoldenCross Signals_v8.3 indicator?
   Clear risk definition is very important.
4. Especially in the early stages, it may help to avoid taking too many trades and instead focus on quality setups rather than quantity. Waiting for an ideal setup is often better than entering trades when not all variables are aligned.
5. Capital protection should always be the top priority. If you are on a real account my suggestion will be to shift to demo for atleast a month until you know about all the indicators inside out.

From my perspective, the three stop losses you mentioned today might have been avoided by strictly following the relationship between price, the 5 LWMA, and the 30 LWMA as outlined above.

I would suggest you and others members (who are new to this thread) to study smGoldenCrossTrendv2.2 and smGoldenCross Signals_v8.3 in detail, try to understand what each input parameter does. Also, use smGoldenCross Slopev2.1 to help identify higher quality setups.

Most importantly, take time to read and reread SwingMan’s previous posts. There is a wealth of valuable information there that really helps put everything into proper context.

Hope this helps.
Best of luck to all and wishing everyone loads of PIP$.

[quote=ENoris;15578953]{quote} Hello Kadosh

Good day. Thank you for your advice. Yes I enter in D1 and watch W1 and MN to enter the direction of trade. I enter only if all these timeframes have the same direction. To enter I use only 2 indi: Trend_v2.2. and pending orders. Yes I use smGoldenCross Signals_v8.3 indicator I enter according to this indicator.

Yesterday I had 4 looses in total and my open trades for this morning below.

Hello Kadosh,

Please see NZDUSD D1 chart with my comments, (As per my understanding)

You need to take into account slope indicator (smGoldenCross Slopev2.1), as it will help you in finding quality setups.


Box 1 You are long on NZDUSD, histo bars are light colored and getting smaller and Red Arrow is pointing downward ,which is an alarm
Box 2 Now if you compare in with previous box, I have highlighted, look at 3/4 bars after the 5 LWMA open / close cross, sky blue arrow pointing upward , histo bars are green and rising.

Its a better setup as compared to the one you took. (higher probabiltiy of not hitting the SL)

We can only try to catch the best setups and limit our risk, even the best setups can fail.

One more suggestion try to use the smGoldenCross Slope_2.1
George has released a Slope Dashboard (you need to understand how it works and what the display means) as it can help you scan multiple pairs across multiple time frames and increase your win ratio.

Hope this helps.

[quote=ENoris;15579461]{quote} Hello Kadosh.
Actually I wouldn't consider entering the box 2 because the MA was red when I had to put pending order. As I understood first you have to look at the main MA, then check other 2 timeframes if they are the same -watch where to put pending orders. Actually I do not look at a slope filter at all. So you describe some other approach. Probably it is better then my understanding this system. Thank you.
I cat trade only dayly charts so Slope Dashboard is useless for me.

Good morning.
My result for the morning is as follow: opened one pending order this morning and it was one more SL yesterday. So total loss for this week is -35 (you can see it on the second screen)

Today is my last post here. 2 weeks for daily chart is not a period to make a conclusion if the system is profitable but enough to understand if it suits you or not.
This system is not for me. Good luck all and thanks author for the system))!!

Hello @Kadosh and other members (starting new & following this thread)

Dear Kadosh, first of all I want to thank you for sharing your trades and your experience so openly. I genuinely respect the effort you put into testing the system and for posting your charts and results consistently. That level of transparency benefits not only you, but also many silent readers who are learning from this thread.

I’d like to share a few thoughts from my side, purely with good intent, not to convince you otherwise, but to add perspective for you and for others following this discussion.

One thing that stands out clearly in George’s teaching (posts that have been shared in this thread) is that he has intentionally kept it simple. The indicators, templates, and clearly defined entry and exit rules have been thoughtfully designed and shared. They are not meant to be over optimized or rushed. How each trader uses these tools is a personal choice, some may experiment with enhancements over time, but for new traders, and for myself during the learning phase, I found it far more effective to follow these indictaors exactly as intended, without tweaking, until its logic became second nature. (These 52 pages are loaded with wealth of information)

1. This approach emphasizes patience and observation over activity. Two weeks on the D1 timeframe is still a very short window to fully absorb the nuances of multi timeframe structure and trend behavior. Trading is not about catching every move, it’s about waiting for clarity.
   Personally, it took me more than a month of focused study on charts and the rules, I have start from Page 1/Post 1 many times, before things started to align and even then, learning continued.
   For testing I shifted to M5/M30 on DEMO to replicate H4/D1 (as both lower time frames M5/H4 fit that replications and reduced my study time drastically instead of waiting days/ weeks)

1. One of the consistent messages in this thread is that fewer, well qualified trades are far more valuable than many marginal ones.
   Waiting for price to align with structure and rules is not missed opportunity, it is discipline. Capital preservation always comes before profit.

1. This methodology does not reward urgency. It rewards calm execution, consistency, and the ability to stay out of the market when conditions are not clear. Small details such as higher timeframe alignment and MA relationships are not filters to restrict trading, they are safeguards designed to protect the trader.

1. What fits one trader may not fit another, and recognizing that early is not failure, it’s self awareness. Trading success is as much about knowing yourself as it is about knowing the charts.

For those quietly reading and feeling discouraged, drawdowns, doubt, and frustration are part of the learning curve. They are not signals to quit, but invitations to slow down, review, and refine. Progress in trading often happens internally long before it shows on the account statement.

From my own journey, I went through similar periods where results were inconsistent and confidence was tested. By focusing on patience, respecting the rules, and prioritizing capital protection and most importantly STICKING to this thread, I was eventually able to pass multiple Prop firm challenges and now trade funded accounts. That progress came not from trading more, but from trading better. I still need to learn a lot and AI is helping me a lot understanding the freely available code by senior coders (George).

Thank you again for your contributions and honesty. Sharing real experiences, wins and losses alike, adds depth and value to this thread and helps others grow.

Trading is not a race, those who stay patient, protect their capital, KEEP IT SIMPLE and trust the process are the ones who remain long enough to succeed.

?

From the input parameters as you have shown above, you need to look for:

Symbol_Suffix = .r

remove .r (leave that field blank)

Hope its helps and resolves the issue.

Thank you.