Hi
My limited internet access at work has been suspended so now I am back to trading only after 16:00 candle close.
My limited internet access at work has been suspended so now I am back to trading only after 16:00 candle close.
4 hour strategy (the nausbot - 4 hour trader) 11 replies
4 Hour Strategy Macd+other Indicator 21 replies
X-1102 1 hour , 4 hour and daily Tf trades 7 replies
Create a verticle line at certain hour for every certain hour 16 replies
Is the "4 Hour Strategy (MACD)" the best system here at FF? 20 replies
DislikedPhillip,
You have done a great job of putting this all together. It has been very helpful and has become one of the most popular strategies I have seen. I do have one question for you. When setting up the moving average convergence/divergence you use a fast rate of 5 and a slow rate of 13 where as the moving averages are 8 and 21. I am curious to know how you formulated the variance between the two. It would seem to me that true divergence would only be achieved if the moving averages were set at the same rate as the macd. I have read a lot of the strategy but not all of it and can't seem to find the part with this information.
Thanks again for all you have done.
GaryIgnored
DislikedI see no good TC patterns, we did have a good 5-7 day run on several though so I am going to sit tight and wait for the next run.Ignored
Dislikedi want to show u 2 possible trades which seems nobody take them.let's speak about why we didnt take thease 2 signals?lets dont say:"i didnt take them,so.. doesnt matter,let it go." maybe next time u take the trades which looks perfect but doenst work.if we learn why we should not take thease 2 trades in eu ,maybe next time we doest do mistake.
well,we all know 200ma in eu has showed to be a very strong support/resistance in recent weeks ,
so ..why we should not take the first trade? a hammer of the 200ma with a long tail and with supporting by macd signal (u see by #1 in picture) its looks good but stoploss will be hitted after
... why we shouldnt take the second trade ?a close below 200ma with supporting by macd signal(TC) (u see by #2 in picture) its looks good but SL will be hitted after
i know u guys have alot of reasons about, so please share them ,and please dont just speak about succesfull trades,i think we need to show some possible trades which doesnt work.
thxIgnored
DislikedHi
My limited internet access at work has been suspended so now I am back to trading only after 16:00 candle close.Ignored