I got a EA signal buy on the EURUSD today at around 10:22am central time.
It indeed looked good and I put it on.
Later I get another arrow (non EA arrow) that shows sell (all on the 5 min chart).
Also the Slope direction wend from up to down.
Should this be an indication that the trade failed and get out now or just let things ride with original SL?
I would love your thoughts on this as I am sure it happens often.
I got a EA signal buy on the EURUSD today at around 10:22am central time.
It indeed looked good and I put it on.
Later I get another arrow (non EA arrow) that shows sell (all on the 5 min chart).
Also the Slope direction wend from up to down.
Should this be an indication that the trade failed and get out now or just let things ride with original SL?
I would love your thoughts on this as I am sure it happens often.
Hi Spotless1212 - I was unsure if you meant that you attach the "MACD divergence indicator" that forms a part of the original system, or whether it is an additional indicator that you have applied? If it is the latter, might you be kind enough to share it?
the wicker's system works on Asian hours....i attach MACD divergence indicator to my charts .....once all the ''stars align'' and the MACD divergence indicator is heading the same direction as the trend follower.....i go for it. i look for 20 pips and am out...maybe thats why it has been working for me..
there was a GBPUSD trade...I took the signal that came after the one Wiper Took.
I am still on demo but went in with 3 lots. Tp1 = 19 pips, Tp2 = 33 pips. TP3 = still open and set to break even ahead of the FOMC rate announcement.
there was a GBPUSD trade...I took the signal that came after the one Wiper Took.
I am still on demo but went in with 3 lots. Tp1 = 19 pips, Tp2 = 33 pips. TP3 = still open and set to break even ahead of the FOMC rate announcement.
Wiper,
I am not big on systems since I am technical trader trendlines, fibs, supp & resistance BUT I must say this is the most comfortable auto system I ever tried. I am reading up on the GUPPY because that's where the system seems to get the edge.
I never heard about the Laguerre indicator before this.
Wiper, this highlights my earlier question. Once you enter and you get an opposing arrow, does this indicate to you to get our ASAP or don't you worry about it?
Just after entry, there was a down arrow. That caused the slope line to turn red. That is what scared me off of the EURUSD trade today. I took off the trade at -2 pips and sure enough it went.
Wiper are you using PMUFFINS EA for alerts? It dees work good. I am just going to modify so it also checks for slope in the same direction is all
Ignored
I'm not using the ea alerts, doesn't seem to work well with me since I'm never receive any valid signals. For example the signal on the GBP/USD didn't appear on the EA. I have not much trust in it.
It would be great if someone could develop an indicator such as the ema crossover displaying a green or red arrow based on all conditions (as show below).
For longs:
I. If all moving averages going north and the green is above the red
II. Slope must be blue color
III.MACD>0
IV. Laguerre up from below 0.15
Wiper, this highlights my earlier question. Once you enter and you get an opposing arrow, does this indicate to you to get our ASAP or don't you worry about it?
Just after entry, there was a down arrow. That caused the slope line to turn red. That is what scared me off of the EURUSD trade today. I took off the trade at -2 pips and sure enough it went.
I'm not using the ea alerts, doesn't seem to work well with me since I'm never receive any valid signals. For example the signal on the GBP/USD didn't appear on the EA. I have not much trust in it.
It would be great if someone could develop an indicator such as the ema crossover displaying a green or red arrow based on all conditions (as show below).
For longs:
I. If all moving averages going north and the green is above the red
II. Slope must be blue color
III.MACD>0
IV. Laguerre up from below 0.15
