hey jr.... yep, we can code that..... those indicators are just 2 versions of the macd.... we could use them but it we far more accurate to include the proper code in the ea with inputs so you can adjust the ma's in it..... 50, 100 and such..... will work on it tommorrow......h
to trade and code, keep both simple... no call to impress....h
hey jr.... yep, we can code that..... those indicators are just 2 versions of the macd.... we could use them but it we far more accurate to include the proper code in the ea with inputs so you can adjust the ma's in it..... 50, 100 and such..... will work on it tommorrow......h
Hayseed, about these indicators. I have been adjusting the settings on OSMA color 2. I am still testing it. If I understood you right, you might be able to include the 2 indicators with the ability to adjust the settings. If so, that would be great. The 2 indicators working together got me out of trades today with profit. Anyway, hope to hear from you soon.
could you attach your chart please?
i am still confused
Ignored
sorry I cant seem to attach charts
anyway what are you confused about?
jr has supplied the system on page 1 and further on the indicators
just apply the indicators to your 5 min chart and trade
theres nothing else I can do to help
unless you also want me to trade for you
No offense taken. But, yes I would agree that the 5min. chart seem too small of a time frame for said number of pips. In saying that, I am posting a picture to show you what happened today. Also, last night in a demo the EA brought me 3 +100 pip moments, and 2 -50 pip moments, for a total of 200 pips. Now, aside from those surging moments, I too, am concerned for those smaller pip moments. If you notice, I have two Indicators OSMA Color, and OSMA Color 2. Notice that when the darker colors change simultaneously, it’s a signal too get out of the trade, and the same holds true for the short orders, with the lighter colors. If there is a way to implement these into the EA,…..well, its still too soon to tell. I just started using the EA yesterday.
Note: the Blue Line denotes the Entry point, the Green line denotes the Exit point. And again note the Bottom Indicators. By the way, that trade was 250+ pips today. Do not get confused with the pips in the first paragraph. these are more pips a couple of hours ago. I cashed in today. http://www.forexfactory.com/attachme...1&d=1201141847
Ignored
I notice that on your entrance (the blue line) the candle was not completely clear of the 100ema. The bottom shadow was under it. Do you consider that an acceptable entrance?
Is your rule that the candle must close above/below all the MAs or must be completely clear of all the MAs?
Also, when in a position, do you close it out when a trade appears in the opposite direction?
I notice that on your entrance (the blue line) the candle was not completely clear of the 100ema. The bottom shadow was under it. Do you consider that an acceptable entrance?
Is your rule that the candle must close above/below all the MAs or must be completely clear of all the MAs?
Also, when in a position, do you close it out when a trade appears in the opposite direction?
Thanks
Ignored
Ok, the rule is as soon as the opening of the first candle appears. That same candle at the close may even go on and beyond the said lines. As long as its the first opening candle...as soon as it appears.
Also, when in a position, do you close it out when a trade appears in the opposite direction?
Not sure if this is what you are asking, but if the the 2 indicators at the bottom give me a signal of possible reverse direction, yes, I get out. Sometimes with profit, and sometimes with a small loss.
Tks for posting this very simple & chart clean method. I have followed this thread from the beginning, but have not put the method to the test. If I use the 5Min method is there an indicator for that @ this time. Also would the method work on the 15Min time frame in the manual mode as I'm not that keen on ea's. The for your response & I look forwar to giving it a test.
13 low 13 high MA 1 hr chart System
