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The art of Trading MAs

  • #161
  • Jun 16, 2008 3:19am Jun 16, 2008 3:19am
fair enough i see both sides i guess - but for what its worth no ones changed anything the original system is still clear but there are some extra ideas for anyone who wants to try them...

Anyway - I'm watching GC and GJ closely as they have both crossed trhe upper line of the COG...
Time hides Nothing
  • #162
  • Jun 16, 2008 3:51am Jun 16, 2008 3:51am
Quoting CindyXXXX
fair enough i see both sides i guess - but for what its worth no ones changed anything the original system is still clear but there are some extra ideas for anyone who wants to try them...

Anyway - I'm watching GC and GJ closely as they have both crossed trhe upper line of the COG...
Which crosses are you tracking Cindy? Any thoughts on the COG repainting?
The road to pipland is arduous and fraught with challenge.
  • #163
  • Edited 4:19am Jun 16, 2008 4:02am | Edited 4:19am
I haven't actually tracked this in real time so this week and next I will demo trade it so i'm not sure about the repainting...

There was a trade posted earlier in the thread on the 4hr chart of the EUR/GBP I thnk it was that turned into a loser.

I checked it on my charts and from what I saw there it never crossed the COG. ( a totally different picture from what was posted)

So either the person that posted that trade was using the wrong settings or this thing repaints A LOT!!!

Tracking GJ, GU, GC, NU AU EJ EU UJ and AJ

One thing ive noticed is that if the price touches the middle line before he MA's cross it is a sign that it's too late - no trade. Just an observation again I'd love to hear Enroutes opinion on this.
Time hides Nothing
  • #164
  • Jun 16, 2008 4:26am Jun 16, 2008 4:26am
Hi waltini1,
I'm using your v3 of the EA, and I saw several legitimate trades non triggered.
I checked the your code and saw that you require the price to be above/below the green line, while the rules require the EMA cross to meet above/below, not the price itself. as long as I understand.
if(Buy1 && Buy2 && Ask < COGLower1 && OrdersTotal()<1 && TakeTrade)
If I'm right, I think you have change your EA again. sorry.
Dani M.
Quoting waltini1
I added a trailing stop, set to 0 to disable.
  • #165
  • Jun 16, 2008 4:39am Jun 16, 2008 4:39am
Changed!
Attached File(s)
File Type: mq4 Art of Ma's EA v4.mq4   5 KB | 987 downloads
  • #166
  • Jun 16, 2008 4:58am Jun 16, 2008 4:58am
Hi endroute,
I did a little change in your EA code in order to expose the boolean option of TP and SL along with their required number of pips.
The option to select the lot size was exposed as well.
I hope you don't mind.
I called it ednroute1.
BR,
Dani M.
Attached File(s)
File Type: mq4 Endroute1.mq4   5 KB | 906 downloads
File Type: ex4 Endroute1.ex4   6 KB | 701 downloads
  • #167
  • Jun 16, 2008 5:21am Jun 16, 2008 5:21am
Hi everybody
I m a newbie, and i want to thank all of you for the great contribution an d the education you are giving to people like me. I have been in many forums, but
this is the best forum, which has helped me in learning how to start trading.
I have just discovered that the MA's are the greatest tools to use.
I have just read Endroute system which sounds great i will try it, but i don't know how to use the COG and how to fix it in my plateform.
Please help me . Thanks alot . May God bless you all.
Sema2008
  • #168
  • Jun 16, 2008 5:54am Jun 16, 2008 5:54am
Quoting sema2008
Hi everybody
I m a newbie, and i want to thank all of you for the great contribution an d the education you are giving to people like me. I have been in many forums, but
this is the best forum, which has helped me in learning how to start trading.
I have just discovered that the MA's are the greatest tools to use.
I have just read Endroute system which sounds great i will try it, but i don't know how to use the COG and how to fix it in my plateform.
Please help me . Thanks alot . May God bless you all.
Sema2008
HI Sema

to put the indicator in your platform is very simple - First of all you need an MT4 platform I don't know what you have but I use interbank fx demo account just for my charts but place my trades with a different broker.

Then just click on the indiator download link - click save - go to my computer - hard drive - program files - find your trading platform folder (in my case it's Interbank fx) - double click! - go to experts - indicators and save it in there...

Then close your platform and re open it and the COG should appear in your Custom indicators list. (Indicators - Custom)

Bam that's it.

You say you just learned that MA's are the best indicator to use - why? because you read it here? just from personal experience don't believe anything just because you read it.

Take the time to learn see and judge for yourself what works best FOR YOU- What works well for one person might not work so well for the next.

Good luck
Time hides Nothing
  • #169
  • Jun 16, 2008 6:16am Jun 16, 2008 6:16am
If people want to change the system have at it, if you want to throw more indicators at it in the hopes of filtering out those few and relatively far between losses thats great, but you will probably also end up filtering out good trades too.

To be successful traders we each have to develop systems that work for us, it is the rare new trader that can pick a system and trade it as well as the person that developed it. I too was in the same boat when I first started trading I thought that every system I found I could improve upon by adding more to it, what I learned in trying all of those things was how the different indi's worked and started developing my own systems that I could actually trade profitably.

By the way it looks like there may be a good setup on the EURGBP and maybe the nzdjpy in next few hours
  • #170
  • Jun 16, 2008 6:50am Jun 16, 2008 6:50am
Quoting dan_mir
Friends,
The week comes to an end for me.
I will attach a series of the same charts endroute trades...
Dani M

Wonderful charts Dani, I hope you caught all of those trades.

Because trading any market involves human emotion, there is no system which is right all the time. You need to tip the odds in your favour and here you have a simple method for entering and exiting the market which you can repeat time and again with as little discretion as possible.

Kudos to endroute for pointing out a very simple, highly visual, and easily repeatable trading model.

cheers

Crom
  • #171
  • Jun 16, 2008 7:56am Jun 16, 2008 7:56am
Hi CindyXXXX,
Thks alot for the COG i will put it in my platform.
I m using mt4 quotes for my demo . I have not gone live.
I m practising with the demo.I m also learning the mt4 platform.
When i started i traded live ,i lost all my money so now i just want to learn
before i trade live again.About the MA's i have tried afew like 55 and 8
and they give you good entry and exit.Also 200 and 60.
Thks
sema2008
  • #172
  • Jun 16, 2008 7:57am Jun 16, 2008 7:57am
Noone suggested that we couldn't "take this information in" or that people should be scared to share their ideas. Those are strawmen. Hey, I welcome new ideas and even variations of this method. I would love to hear Roselyn talk more about her particular method and show some chart examples. BUT NOT HERE. She should start a new thread for that. It's one thing to talk about minor suggestions to the system (fine-tuning SL and TP, for instance). It's another matter altogether when we're talking about adding 2-3 indicators. That's a different system, IMO.

Good trading, all.

Scott

Quoting CindyXXXX
I see your point guys but with all due respect I think Roselyn was just pointing out something that is working well for her/him(?).

Take it or leave it no one told you you had to use Roselyns ideas. I don't think you should jump Roselyns back until the creator of this thread has had time to respond to her ideas.

Have you even tested it yourself?

If you can't take this information in, test it yourself and then make your own opinion on what to do then why are you even trading?

Personally I haven't tested it either... for now I am sticking with the original idea to see how it goes. And guess what if it fails I know theres a post there with a fresh new approach to try.

If we are too scared to share our ideas for the fear of being shut down by posts such as yours then how can we ever be dynamic in this dynamic environment we work in.

Just my opinion I would be interested to know endroutes opinion on this.

Endroute?
Prices are never too high to begin buying or too low to begin selling.
  • #173
  • Jun 16, 2008 8:04am Jun 16, 2008 8:04am
OK Henryfam I see your point -
Time hides Nothing
  • #174
  • Jun 16, 2008 8:07am Jun 16, 2008 8:07am
can you attach the template as well? thx

Quoting Roselyn
Hi guys... just to add on some indi to this system... this works great for me... I'm using 1H chart... sometimes 15 min TF... I add 3 indi just work great when you combine with this system... 1) Gan HiLo (10)... (2) MACD color ( 5,13,1 )... (3) Lagguerre 0.6....

Rules still same...Sell when price closed over green line/orange line of COG.. may be to wait EMA crossed it's take time... so you can enter first lot when price closed below line Gan HiLo, Lagguere pointed down below 0.85, MACD red color pointed down or crossed zero... Normally when EMA crossed price sometimes retrace and try to test again swing high before... Enter 1 more lot when price goes same direction as EMA...

Exit strategy...
1) Close first lot when price closed below bottom green line/ orange line of COG
2) Remain lot exit when at divergence situation or reverse signal ... price closed over Gan Hilo/ Lagguerre pointed up from 0.15/ MACD crossed above 0 or EMA crossed opposite direction...

for Buy viceversa.. Here I attach the situation where to enter trade and exit trade... red line sell... blue line buy... sori my english...
  • #175
  • Jun 16, 2008 8:33am Jun 16, 2008 8:33am
Quoting thehenryfam
... I would love to hear Roselyn talk more about her particular method and show some chart examples. BUT NOT HERE. She should start a new thread for that...
Amen

This thread should be kept for the original method as described by endroute...
  • #176
  • Jun 16, 2008 10:13am Jun 16, 2008 10:13am
HI,
Would someone be kind enough to convert the Center Of Gravity.MQ4 indicator fot the VT plarform ?
TIA

I benefit from this opportunity to thank ENDROUTE very strongely for elaborating and sharing with us this very efficient trading system

Best regards
BigBlackfeet Always on the(forex) war path !
  • #177
  • Jun 16, 2008 11:04am Jun 16, 2008 11:04am
5 min candle usd/jpy
price crossed over the top yellow line and closed.
cross of 5/13 and signal at 108.16
will report the status after trade ends.
please see attachment
thanks
Attached Image (click to enlarge)
Click to Enlarge Name: art of ma.gif Size: 48 KB
  • #178
  • Jun 16, 2008 11:22am Jun 16, 2008 11:22am
when trading on the 5min only take trades where the crosses are above the green line for shorts and below for longs. This is actually a good rule of thumb for all timeframes
  • #179
  • Jun 16, 2008 11:27am Jun 16, 2008 11:27am
If you are in this to make real pips, trade the hour/4hr timeframes. There were over 2K pips to be had last week on this system, that is 2K trading mini account or 20K trading a standard account. Also on the shorter timeframes you end up trading a lot more and opening yourself up to more risk. Yes I do trade the 5min charts sometimes but only when price has closed well above the gold line followed by a cross between gold and green. Just some food for thought.
  • #180
  • Jun 16, 2008 11:38am Jun 16, 2008 11:38am
Quoting mogul4x
What EMAs are you using in the indicator EMA Cross
you can change the period... if you want to follow this system .. so just use EMA 5 and EMA 13...
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