Umair's Euro/usd System | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

The System Behind the System, by Merlin Jeffries 16 replies

200 Ema system - help me build a system ! 19 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Umair's Euro/usd System
Exit Attachments

Umair's Euro/usd System

  • #261
  • Nov 12, 2007 5:58pm Nov 12, 2007 5:58pm
here is the second one...
Attached Image (click to enlarge)
Click to Enlarge Name: pic-2.gif Size: 63 KB
/ ... clarifying decisions ... /
  • #262
  • Nov 12, 2007 10:51pm Nov 12, 2007 10:51pm
Quoting burhan
Umair this is screen shot of my platform.
But i think there is something missing.

Attachment
Yar where is MACD(5,34,5)...? Its missing...also u didnt combine RSI With ATR....? first set RSI=7 & ATR= 20 then inthe smae window with RSI ....why dont u see screenshots which i have posted...coz if u put rsi and atr alone in two different windows then you,ll find something different story....
Rmember all conditions mut met....to enter in a trade coz rulzz are rulzz...see my past post with screenshots...how i enter according to all condition if they met....so far im very successful...see results of my system...your other indicators are alright...try to set your chart according to my system & post me screenshot....again
Goodluck burhan...
  • #263
  • Nov 12, 2007 11:11pm Nov 12, 2007 11:11pm
Quoting Venca
How to plot indicators in the same window:
simply point the indicator in Navigator (left side of screen) then click and hold left button of mouse then drag it all the way into the window of another indicator under the chart and drop it. You should have 2 indicators in the same window now.

Umairs2004: is this chart correct ?

My template: umairs30tf_mt4.tpl
in D:\Program Files\X-Trader 4 XTB\templates
Hey Venca so far your chart seems to me alright but better can you post me screenshot again with rsi=7 & atr=20 coz
rsi=4 & atr= 14 seems little fast in your chart....i,ll confirm your setting after comparing both....but meanwhile here ur chart seems to me accurate ....im pointing entry candles in your chart ...as ur entry is same almost like my entry...See ur own chart screenshot ....
Attached Image (click to enlarge)
Click to Enlarge Name: venca.JPG Size: 88 KB
  • #264
  • Nov 12, 2007 11:21pm Nov 12, 2007 11:21pm
Quoting walb99
Finally I managed this dragging riddle. Thank you.
I made screenshots of both charts to compare the different settings, one is the chart from powercharts with the original settings the other one is the MT chart (without MACD). I think it's clear, that they are not equal.
Best regards
Walb99
Walb!!!
thank god that your problem is solved....
Can u post ur MT4 screen shot with setting of RSI=7 & ATR=20
Also with other settings too....
I,ll confirm it ....coz it seems RSI=4 & ATR=14 seems little fast ...
But if u use fxcm powerchart then Put rsi=7 in atr=20 ...
  • #265
  • Nov 12, 2007 11:29pm Nov 12, 2007 11:29pm
See E/U...
After that no signal yet on E/U....
Attached Image (click to enlarge)
Click to Enlarge Name: todays.JPG Size: 229 KB
  • #266
  • Nov 12, 2007 11:46pm Nov 12, 2007 11:46pm
I normally avoide to enter in a situation like that....See the screenshot for more....
Attached Image (click to enlarge)
Click to Enlarge Name: Confusion entry.JPG Size: 234 KB
  • #267
  • Edited 1:11am Nov 13, 2007 1:02am | Edited 1:11am
Quoting Umairs2004
Hey Venca so far your chart seems to me alright but better can you post me screenshot again with rsi=7 & atr=20 coz
rsi=4 & atr= 14 seems little fast in your chart....i,ll confirm your setting after comparing both....but meanwhile here ur chart seems to me accurate ....im pointing entry candles in your chart ...as ur entry is same almost like my entry...See ur own chart screenshot ....

Thanks man.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: RSI4_ATR14.JPG Size: 89 KB
Click to Enlarge Name: RSI7_ATR20.JPG Size: 84 KB
Attached Images
  • #268
  • Nov 13, 2007 1:15am Nov 13, 2007 1:15am
Quoting Venca
Thanks man.
Venca
I think RSI=4 & ATR=14 suits u batter....coz this setting is almost same like mine...as compared to rsi=7 & atr=20...
did u enter for long in E/U....set your chart according to my system with rsi=4 and atr=14 ....see the 3rd candle from your right of ur chart....i enter and exit inthe same candle for 11-pips coz ssto was near to cross at overbought region....
well so far i analyze that rsi=4 and atr = 14 is the best settings for mt4 users...
gooodluck
  • #269
  • Nov 13, 2007 1:17am Nov 13, 2007 1:17am
Hope now everything is OK, would you please look, whether the charts are really the same. I used the ATRonRSI now instead of the standad ATR. This one is much better.
Best regards
Walb99
Attached Image (click to enlarge)
Click to Enlarge Name: pic-3.gif Size: 38 KB
/ ... clarifying decisions ... /
  • #270
  • Nov 13, 2007 1:27am Nov 13, 2007 1:27am
Attached Image (click to enlarge)
Click to Enlarge Name: RSI4_ATR14.JPG Size: 108 KB
See this how u may enter ...in ur mt4 chart...but concentrate more on ssto before ur entry & exit....
  • #271
  • Nov 13, 2007 1:36am Nov 13, 2007 1:36am
see screenshot...
Attached Image (click to enlarge)
Click to Enlarge Name: RSI4_ATR14.JPG Size: 108 KB
  • #272
  • Nov 13, 2007 1:41am Nov 13, 2007 1:41am
Quoting walb99
Hope now everything is OK, would you please look, whether the charts are really the same. I used the ATRonRSI now instead of the standad ATR. This one is much better.
Best regards
Walb99
Great shot walb....it seems u have perfectly solved problems for mt4 users....let me examine it more...i,ll respond u again sooon...great man
  • #273
  • Nov 13, 2007 1:48am Nov 13, 2007 1:48am
Can u post more screenshots in a same comparizon style on G/J also...? i wana do some little research on it...it seems by first putting ATR=20 and then RSI=7 is working for mt4 users....
  • #274
  • Nov 13, 2007 2:05am Nov 13, 2007 2:05am
Here it is!
Attached Image (click to enlarge)
Click to Enlarge Name: pic-4.gif Size: 30 KB
/ ... clarifying decisions ... /
  • #275
  • Nov 13, 2007 2:20am Nov 13, 2007 2:20am
This is the comparison of G/J
Attached Image (click to enlarge)
Click to Enlarge Name: pic-5.gif Size: 37 KB
/ ... clarifying decisions ... /
  • #276
  • Nov 13, 2007 2:21am Nov 13, 2007 2:21am
sorry the last one was crap, I will try again..
/ ... clarifying decisions ... /
  • #277
  • Nov 13, 2007 2:25am Nov 13, 2007 2:25am
Walb!
wht setting u have used in ur post no 269...in E/U....coz ur setting on E/U sound great but here its not seems to me working well on G/J....
anyways im unable to open ur last screenshot of E/U...i can just see the posted screenshot..thts why im asking about its settings of ur last E/U screenshot...?
did u use ATR =20 First & then u put RSI = 7 in it in ur E/U settings...?
Or did u use RSI=7 First & then Put ATR= 20 in it in ur E/U Settings...?
Then u have compared it with fxcm,s power chart and it seems same like mine...in E/U ur 2nd last post...
  • #278
  • Nov 13, 2007 2:29am Nov 13, 2007 2:29am
this is the right one, please look at this again.
Attached Image (click to enlarge)
Click to Enlarge Name: pic-6.gif Size: 39 KB
/ ... clarifying decisions ... /
  • #279
  • Nov 13, 2007 2:30am Nov 13, 2007 2:30am
No walb!!!
Never use ATR=20 first and then rsi=7 in fxcm,s chart
coz it will change the whole condition with situation....
im not sure about mt4 charts....
but better i suggest all mt4 users to use
RSI=4 & THEN put ATR=14 in it....
coz i have examined the results and
situations are almost same like my charts....
  • #280
  • Nov 13, 2007 2:32am Nov 13, 2007 2:32am
Hi Umair,
I put the RSI (7) first then dragged the ATRonRSI (20) on it.
/ ... clarifying decisions ... /
1 trader viewing now