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Trend Follower 5 Minute System

  • #1,181
  • Dec 27, 2007 2:59am Dec 27, 2007 2:59am
Thank you for your system.

It looks verypromising.

Thank you

Basil
Learn something difficult and earn real money for ever, a lot.
  • #1,182
  • Dec 27, 2007 6:18am Dec 27, 2007 6:18am
Quoting Kevinc3po
I really love this system. Just stumbled upon it the other day and I`m completely ready to scrap another fairly sucesfull system I was using. When the Guppy MA is kind of shrunk and the rest of the trade conditions are met it seems like the risk/reward is just huge. Thanks for again for sharing this with us The Wicker.
Yes thats what we are after. We look for this perfect alignment of the GUPPY which just screams RIDE ME COWBOY!
  • #1,183
  • Dec 27, 2007 8:08am Dec 27, 2007 8:08am
wow, just when i've seen it all, another killer system ...This one really
looks nice.

Thanks.
  • #1,184
  • Dec 28, 2007 6:12am Dec 28, 2007 6:12am


thx 4 sharing it.
i'm going demo 4 the next month.

great job!
happy holydays!!!
  • #1,185
  • Dec 28, 2007 4:19pm Dec 28, 2007 4:19pm
hey the wicker , i think iam doing good with ur great system

wanna ask some questions ,,,

1- if u got a signal , but the price was at a pivot line ,, will u take the trade or u should wait till it breakes the pivot line s/R .

2- the slope direction line is it for support and resistance like any moving average ,, and is its color important to enter the trade , or we just use it for exits when its color goes oppisite

3- after a big move and then the price goes in side way , all guppy color are away from each others... then we got a signal ,, should we take it or must wait for contration of them.....

thx for very thing ,,,,,,,,,,,
  • #1,186
  • Dec 29, 2007 1:44am Dec 29, 2007 1:44am
Quoting eng_forex171
hey the wicker , i think iam doing good with ur great system

wanna ask some questions ,,,

1- if u got a signal , but the price was at a pivot line ,, will u take the trade or u should wait till it breakes the pivot line s/R .

2- the slope direction line is it for support and resistance like any moving average ,, and is its color important to enter the trade , or we just use it for exits when its color goes oppisite

3- after a big move and then the price goes in side way , all guppy color are away from each others... then we got a signal ,, should we take it or must wait for contration of them.....

thx for very thing ,,,,,,,,,,,
1 . That depends. If its at the middle pivot or 1st support/resistance I would take the trade. If its at the last support/resistance the trade is a little more risky and I might not take it.

2. We just use it for the exits. The slope direction line has NO influence on our entries.

3. The best trades are those when guppy MA is shrunk. If the MA's make the rainbow wide this can signal an end of trend or at least a retrace. You can take the signals when the guppy MA's are away from each other, but the best signals are when the lines are close to each other.
  • #1,187
  • Dec 29, 2007 2:22am Dec 29, 2007 2:22am
Quoting TheWicker
1 . That depends. If its at the middle pivot or 1st support/resistance I would take the trade. If its at the last support/resistance the trade is a little more risky and I might not take it.

2. We just use it for the exits. The slope direction line has NO influence on our entries.

3. The best trades are those when guppy MA is shrunk. If the MA's make the rainbow wide this can signal an end of trend or at least a retrace. You can take the signals when the guppy MA's are away from each other, but the best signals are when the lines are close to each other.
Currently studying this system Wicker. Keep up the good work!
  • #1,188
  • Dec 29, 2007 7:47am Dec 29, 2007 7:47am
Quoting TheWicker
1 . That depends. If its at the middle pivot or 1st support/resistance I would take the trade. If its at the last support/resistance the trade is a little more risky and I might not take it.

2. We just use it for the exits. The slope direction line has NO influence on our entries.

3. The best trades are those when guppy MA is shrunk. If the MA's make the rainbow wide this can signal an end of trend or at least a retrace. You can take the signals when the guppy MA's are away from each other, but the best signals are when the lines are close to each other.
thx for ur answers

more two questions .

what's the timeframe u trade ,, is it 5 min or 15 or 30 min ,,,, or all of them..

-- do u use pivot lines S/R only for exits , or u use middle pivot lines too with them.
  • #1,189
  • Dec 31, 2007 1:57am Dec 31, 2007 1:57am
I trade the 5 minute chart. I only use the real support/resistance lines for exits and not the middle pivots.
  • #1,190
  • Dec 31, 2007 8:52am Dec 31, 2007 8:52am
Quoting TheWicker
I trade the 5 minute chart. I only use the real support/resistance lines for exits and not the middle pivots.
thx for the great informations

, i got a pefect signal to short eur/jpy
Attached Image (click to enlarge)
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  • #1,191
  • Dec 31, 2007 11:00am Dec 31, 2007 11:00am
First, I have been reading all the threads from the beginning and I am upto p 40 and I am very impresesed

What is the most recent template and ea for this system?
  • #1,192
  • Jan 1, 2008 4:16am Jan 1, 2008 4:16am
Quoting eng_forex171
thx for the great informations

, i got a pefect signal to short eur/jpy
That was a great signal! Every indicator is in the proper position.
  • #1,193
  • Jan 2, 2008 9:26am Jan 2, 2008 9:26am
hello dear the wicker ..

i was testing ur system for about 4 months and have changed some rules , but after that period i found that ur rules are the best to deal with trend follower...

at this moment there are two signals :-

1- long gold ,,,,, but i have not entered the trade coz the GMMA already expanded and want to contract ,, at most cases it does that ... even it moves upward i'll not enter the trade ( keep at the safe side )



2- second signal to short usd/chf , i found it a good one coz GMMA is semi contracted ( i know it's not a perfect case coz it moved down a little )


... what's ur opinion about the two signals ?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdchf trend follower.JPG Size: 95 KB
  • #1,194
  • Jan 3, 2008 4:08am Jan 3, 2008 4:08am
Usd/chf case. I will give my opinion to this screen shot regardless what may have happened to this trade (positive/negative). While it is a proper signal, common sense (one thing that EA's don't have!!) should tell you shouldn't take this trade. Why? The movement was already about 50 pips in the last 20 minutes! What are the chances the movement will continue? They are not high enough.

Gold case. Another signal, but not the best one. As you said yourself, the MA's are to expanded. Nevertheless you could trade such a wave, but the probability of success is lower.

It's better to have 10 pairs in your chart and look for a PERFECT SIGNAL, then take every trade regardless of what your common sense tells you.

Use your common sense!
  • #1,195
  • Jan 3, 2008 11:09am Jan 3, 2008 11:09am
Quoting TheWicker
Usd/chf case. I will give my opinion to this screen shot regardless what may have happened to this trade (positive/negative). While it is a proper signal, common sense (one thing that EA's don't have!!) should tell you shouldn't take this trade. Why? The movement was already about 50 pips in the last 20 minutes! What are the chances the movement will continue? They are not high enough.

Gold case. Another signal, but not the best one. As you said yourself, the MA's are to expanded. Nevertheless you could trade such a wave, but the probability of success is lower.

It's better to have 10 pairs in your chart and look for a PERFECT SIGNAL, then take every trade regardless of what your common sense tells you.

Use your common sense!
thx so much mr. the wicker ,,,thx for the great informations
  • #1,196
  • Jan 4, 2008 3:45am Jan 4, 2008 3:45am
Hello every Body!
Do you enter in this configuration sell at 1.4708?
Have you all conditions , guppy not so expanded, support 1 not so near?

Creat a chat together, it can be good, i don t want to be alone more.
Thanks at all participants.
Pierre from Marseille France.
Attached Image
  • #1,197
  • Edited 11:53am Jan 4, 2008 5:02am | Edited 11:53am
Quoting pierre102
Hello every Body!
Do you enter in this configuration sell at 1.4708?
Have you all conditions , guppy not so expanded, support 1 not so near?

Creat a chat together, it can be good, i don t want to be alone more.
Thanks at all participants.
Pierre from Marseille France.
yes. all conditions are met and it was a good signal to enter ,, but the guppy is still expanded and signal came after an downward move , i think we should wait for the perfect signals which come after a side move and the guppy is more contracted than this case ... ( u should wait at this time coz there are many news about gbp , eur and they are high impacts and may affect on eur )
  • #1,198
  • Jan 4, 2008 6:59am Jan 4, 2008 6:59am
mr the wicker

iam asking about the pivot levels which i can enter the trade if i got a signal and the price was at one of them

are they ( daily s1 , r1 and fibo s1 , r1 and weekly s1, r1 and so )

i mean the first support and resistance ,,,,

another question,, if the price at another pivot level should i take the trade after breaking that level or leave the trade at all )

  • #1,199
  • Jan 4, 2008 7:00am Jan 4, 2008 7:00am
One of the greatest trading systems that i have ever seen. Thanks for sharing man!
  • #1,200
  • Jan 5, 2008 8:17pm Jan 5, 2008 8:17pm
Hi Wicker

Very kind of you to share your system with us. You have put a lot of work into it.

Will have to go play with it.

Thank's again

Ozzibob
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