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  • #121
  • Nov 27, 2007 2:48pm Nov 27, 2007 2:48pm
Now RSI = 21 & MA = 10 crossing is looking same with the P-SAR Dots where as MACD,S is somewhere at same somewhere at after psar and somewhere at before psar. coz now im testing it with other pairs also...well batter go with previous settings with the addition of MA=80 ...
  • #122
  • Nov 27, 2007 6:51pm Nov 27, 2007 6:51pm
Just dropping by again to say how awesome this system is!!

to Umair!!



So far, 25 winners (+105) and 3 losers (-12).
  • #123
  • Nov 27, 2007 10:22pm Nov 27, 2007 10:22pm
Quoting mazdaz
Just dropping by again to say how awesome this system is!!

to Umair!!



So far, 25 winners (+105) and 3 losers (-12).
Thanks Bro....
But i think here some pplz may have some problems about false signals thts y im testing a new addition of strategy i-e MA = 80 if its work great 4 me i,ll add this one also in my system...Gooodluck Bro...
  • #124
  • Nov 27, 2007 10:38pm Nov 27, 2007 10:38pm
@Umair,
If you have find the best settings,
Maybe you could make the pdf file of your system...
It will be great...


Regards
WisBiz
  • #125
  • Nov 27, 2007 10:53pm Nov 27, 2007 10:53pm
Quoting WisBiz
@Umair,
If you have find the best settings,
Maybe you could make the pdf file of your system...
It will be great...


Regards
WisBiz
i think Best settings are!!!

1) P-SAR = 0.1 , 0.11
2)RSI = 21 + MA = 10 + MA = 80

Thats alll....
i think MA = 80 Is a strong barrier to avoide from false signals. otherwise i think US timing is the best timing to scalp coz see from last some hours almost + signals /valid but batter to use MA=80...see my previous post HOW TO USE?....anyways by that we cannot enter in all signals IM TEsting my new strategy which i,ll post with results in a couple of days and with its confirmation that either we use MA= 80 or not....?
  • #126
  • Nov 28, 2007 12:20am Nov 28, 2007 12:20am
So,
You don't use MACD anymore?

Regards
WisBiz
  • #127
  • Nov 28, 2007 1:08am Nov 28, 2007 1:08am
Quoting WisBiz
We may use MA = 80 as our trend counter.

What is trend counter?
My forex lingo is sucks
If the cross RSI+MA10 is above the MA80 -> UpTrend ->Long
If the cross RSI+MA10 is below the MA80 -> Downtrend -> Short

Is it correct?

Regards
WisBiz...
  • #128
  • Nov 28, 2007 1:47am Nov 28, 2007 1:47am
Quoting WisBiz
If the cross RSI+MA10 is above the MA80 -> UpTrend ->Long
If the cross RSI+MA10 is below the MA80 -> Downtrend -> Short

Is it correct?

Regards
WisBiz...
Yes it is absolutly correct and if for example !!!
RSI + MA =10 is below the MA = 80 then whenever short sar dot appears only go short dont go long if RSI + MA is down MA = 80 & psar is signaling long...means ignor long signals of pasr dots only go with short psar dot signals in downtrend and viceversa for long signals......
MA= 80 as our trendcounter which means if Both RSI & MA crossed MA=80 means uptrend So only go long with long psar dots ignore short psar dots in uptrend & viceversa for short.....hope u might understand see now how valid signals we are still getting through this technique....so far it working very goood...lets see next....i,ll confirm it with my system after couple of days of my testing....
  • #129
  • Nov 28, 2007 1:59am Nov 28, 2007 1:59am
Your system was already excellent but i think this will be also a great addtion and make your system more easy & excellent if we add MA 80 just becouse to avoide from fake signals maybe after this addition of MA 80 we do few trades but all trades we do will be vaid with vaild signals also i did 19 scalp trades so far in which i won 14 i think Closing time is best for scalping by your system thanks again man for your so simple easy and good profitable scalping system
Secret...? "I Love The World Love "
  • #130
  • Nov 28, 2007 2:18am Nov 28, 2007 2:18am
wow MA=80 Rocksss successfull with 5 pips again on EURO.JPY one minute chart on my short
I think this system is also best for ECN Users or with tight spread that why i target for 5 pips
Secret...? "I Love The World Love "
  • #131
  • Nov 28, 2007 2:31am Nov 28, 2007 2:31am
Pardon me,
what is "ECN" ??

(looks like an idiot question, but I'm 100% don't know about it)

WisBiz
Forex Noobs
  • #132
  • Nov 28, 2007 2:38am Nov 28, 2007 2:38am
ECN are brokers with very tight spread but they charge some commision per trade where as normal brokers have wide spread then ECN Brokers but they are comission free
MBTrading & EFX Are ECN visit below link
http://www.efxgroup.com/ow link of EFX Group
Secret...? "I Love The World Love "
  • #133
  • Nov 28, 2007 3:14am Nov 28, 2007 3:14am
Quoting forexcraze
ECN are brokers with very tight spread but they charge some commision per trade where as normal brokers have wide spread then ECN Brokers but they are comission free
MBTrading & EFX Are ECN visit below link
http://www.efxgroup.com/ow link of EFX Group
http://kolobok.us/smiles/artists/jus...C_ThankYou.gif
  • #134
  • Nov 28, 2007 3:35am Nov 28, 2007 3:35am
Dear Umair,

which one is better?

Using RSI(21)+MA(10&80)
OR
Using MACD(5,34,1)+MA(10&80)

Or both setups just will give the same result?


http://kolobok.us/smiles/standart/help.gif
  • #135
  • Nov 28, 2007 3:42am Nov 28, 2007 3:42am
Quoting WisBiz
Dear Umair,

which one is better?

Using RSI(21)+MA(10&80)
OR
Using MACD(5,34,1)+MA(10&80)

Or both setups just will give the same result?


http://kolobok.us/smiles/standart/help.gif
Using RSI 21 + MA= 10 = MA = 80
tht is the best setting coz i also tried MACD but its crossing is sometimes late with P-SAE Dots as compared with rsi and ma= 10.....Just try this combination and try to do scalp coz im now successfully doing some goood scalps trade on demo....with vaild signals,,,
  • #136
  • Nov 28, 2007 5:38am Nov 28, 2007 5:38am
hey umair what about MA=144? along with RSI=21 and MA=10
BK
  • #137
  • Nov 28, 2007 6:08am Nov 28, 2007 6:08am
Quoting bksujal
hey umair what about MA=144? along with RSI=21 and MA=10
BK
MA= 144 Is not working goood as compared with MA= 80 Just test this one ....i want u all to test it but im not recommending it but i have a something great then tht im also testing it nd if i found batter then i,ll recommend all....mean while test my system with ...
RSI= 21 + MA = 10 + MA=80....READ MY previous posts also how to use them to avoide from false signals
  • #138
  • Nov 28, 2007 8:26am Nov 28, 2007 8:26am
hey umair tell me one thing should rsi and ma cross when they are above ma 80 and the psar dot should be below the candle for a long trade and the opposite for a short trade?
BK
  • #139
  • Edited 9:02am Nov 28, 2007 8:44am | Edited 9:02am
Quoting bksujal
hey umair tell me one thing should rsi and ma cross when they are above ma 80 and the psar dot should be below the candle for a long trade and the opposite for a short trade?
BK
Yes...
You should only do the short if the PRICE/indicator of RSI below the MA 80...Vice Versa for long

It just a way to avoid a false signal and to avoid open order contra the trend

But If you love a risky way,
you can ignore the MA80http://kolobok.us/smiles/icq/biggrin.gif

WisBiz
  • #140
  • Nov 28, 2007 8:48am Nov 28, 2007 8:48am
Quoting bksujal
hey umair tell me one thing should rsi and ma cross when they are above ma 80 and the psar dot should be below the candle for a long trade and the opposite for a short trade?
BK
If combination of RSI & MA already have crossed each for long before crossing ma 80 also sar dot appears below for long signal then also wait till combination cross ma 80 .....then on that time still sar signaling long after crossing ma 80 by combination then enter otherwise wait for another long signal by pasr in uptrend....and about ur question then yes better enter after crossing ....with psar...im now working to make this system more easy and tomorrow or day after i,ll post its most easit way also in which we can im sure avoide from false signals. and in which there will be no headche of MA/RSI...meanwhile u may test now wht it is...
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