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Trend Follower 5 Minute System

  • #2,461
  • Dec 8, 2008 8:55am Dec 8, 2008 8:55am
to Pilatus
Sorry for fooll question, but I don't understand which indicators you are using for this system? which one I must download?
  • #2,462
  • Dec 8, 2008 10:10am Dec 8, 2008 10:10am
Quoting pilatus
No problem Aje!!!
Today early in the morning EU time we had a lot of good signals. But on this post I would like to show what is excellent set up.
Ok, we have chart USD/CAD. During the night we had steady price movement in small range of 20-40 pips. Price breach previous support or low of friday which is level about 1,2735. Today early price could not breach that level again but rather retrace or bounce from it few times. Finally, our splendid signal for short occur on blue vertical line. And BOOOM 200 pips trade happen.
Conditoins??
1. Guppy set...

Thanks.Another great one.
  • #2,463
  • Dec 8, 2008 10:16am Dec 8, 2008 10:16am
you'll need to download the template and the indicators in zip.file format in the first post and run it on your metatrader platform,i guess thats the platform your broker operates in? after that you should be up and running.
Let God be true, and every other man be a liar
  • #2,464
  • Dec 8, 2008 10:16am Dec 8, 2008 10:16am
Quoting LT man
to Pilatus
Sorry for fooll question, but I don't understand which indicators you are using for this system? which one I must download?
Check the first post by the Wicker.And make sure you go through the thread if you want the best of the system.
  • #2,465
  • Dec 8, 2008 12:41pm Dec 8, 2008 12:41pm
Quoting LT man
to Pilatus
Sorry for fooll question, but I don't understand which indicators you are using for this system? which one I must download?
Do what Aje and others says. But if you do not know how here are indy.
Attached File(s)
File Type: zip TrendFollower.zip   20 KB | 1,626 downloads
  • #2,466
  • Edited 1:13am Dec 9, 2008 12:32am | Edited 1:13am
Thanks.
  • #2,467
  • Dec 9, 2008 6:51am Dec 9, 2008 6:51am
Hi Pilatus,

I have been checking this system for around one month, but still not live, I would like to ask you if this could be a potential godd signal if it starts going down, of course if all the indis are aligned.

Thanks a lot for your effort in helping us.
Attached Image (click to enlarge)
Click to Enlarge Name: possible signal.gif Size: 38 KB
  • #2,468
  • Dec 9, 2008 7:40am Dec 9, 2008 7:40am
Quoting ThinkFX
Hi Pilatus,

I have been checking this system for around one month, but still not live, I would like to ask you if this could be a potential godd signal if it starts going down, of course if all the indis are aligned.

Thanks a lot for your effort in helping us.
I do not think that is good set up. Why? Price movement is to choppy. Price is not steady and automatically stop loss is big. Do not see any significant support nor resistance. Not good although can go in that direction.
  • #2,469
  • Edited 11:24am Dec 9, 2008 11:23am | Edited 11:24am
Quoting pilatus
I do not think that is good set up. Why? Price movement is to choppy. Price is not steady and automatically stop loss is big. Do not see any significant support nor resistance. Not good although can go in that direction.
Thx a lot for your information. As you said it went in the right direction finally. I didnt take the trade but the inportant thing is that this system very good on W/L ratio. 30 PIP until it went to R1.
  • #2,470
  • Dec 9, 2008 2:44pm Dec 9, 2008 2:44pm
Hi to all!
We have another good example of excellent signal. Once again USD/CAD find good support in level 1,2550 which is round numer and significant level before our long signal occur. This is example which proof how price find support, like in this case, although it s not visible as level which indicator produce like pivot, daily S/R 1,2,3.
Second picture is another proof that price respect that level as support.
Now, let all of us say BIG THANKS to TheWicker which share with us his holy grail system.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: good signal.gif Size: 47 KB
Click to Enlarge Name: support.gif Size: 47 KB
  • #2,471
  • Dec 10, 2008 2:00am Dec 10, 2008 2:00am
There was one more perfect signal. Why did I find this system early?
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  • #2,472
  • Dec 10, 2008 11:29am Dec 10, 2008 11:29am
PIlatus, how many pips do you get with this system? How many valid signals in the week you get?
What does not kill me makes me stronger. Friedrich Nietzsche,
  • #2,473
  • Dec 10, 2008 11:59am Dec 10, 2008 11:59am
Quoting pilatus
Hi to all!
We have another good example of excellent signal. Once again USD/CAD find good support in level 1,2550 which is round numer and significant level before our long signal occur. This is example which proof how price find support, like in this case, although it s not visible as level which indicator produce like pivot, daily S/R 1,2,3.
Second picture is another proof that price respect that level as support.
Now, let all of us say BIG THANKS to TheWicker which share with us his holy grail system.
Platus this S/R level is of great importance in finding authentic signal in this system.Thanks for drawing everyone attention to it.
  • #2,474
  • Dec 10, 2008 12:32pm Dec 10, 2008 12:32pm
Hi guys ! Plz tell me, does this system really working now? I mean the market in our days?

Thanks!
  • #2,475
  • Dec 10, 2008 1:57pm Dec 10, 2008 1:57pm
Quoting ikki
PIlatus, how many pips do you get with this system? How many valid signals in the week you get?
Well I can not tell you how many pips because I do not trade everyday.
How many valid signal depends on market condition. TheWicker said in his firsts posts that we can excpect 2-3 valid signals per week on each pair. But that is in TRENDING conditions. Last month we have less trend and rather ranging market. So, less valid signals.
Patience is the key for that system.
  • #2,476
  • Dec 10, 2008 2:00pm Dec 10, 2008 2:00pm
Quoting fxairy
Hi guys ! Plz tell me, does this system really working now? I mean the market in our days?

Thanks!
You have noticed one important thing and that is that for this system we have to have trending market. If you want to say that is hard to trade this system last days you are right.
  • #2,477
  • Dec 10, 2008 2:09pm Dec 10, 2008 2:09pm
Quoting aje6767
Platus this S/R level is of great importance in finding authentic signal in this system.Thanks for drawing everyone attention to it.
No problem Aje and thanks for you support. That is my opinion about trading this fantastic system. I like to find logic in everything and in trading too.
That is not part of the system but rather help to us. Although I would like to hear opinon of TheWicker.
  • #2,478
  • Dec 10, 2008 2:12pm Dec 10, 2008 2:12pm
Today was very very very hard to trade by this system. bla-bla-bla....today we saw only one flat And......the system tells us: "Dont trade now!!!!" Am I right ?
  • #2,479
  • Dec 10, 2008 2:15pm Dec 10, 2008 2:15pm
Quoting fxairy
Today was very very very hard to trade by this system. bla-bla-bla....today we saw only one flat And......the system tells us: "Dont trade now!!!!" Am I right ?
I agree with you.
  • #2,480
  • Dec 10, 2008 2:16pm Dec 10, 2008 2:16pm
Quoting ikki
PIlatus, how many pips do you get with this system? How many valid signals in the week you get?
Well I can not tell you how many pips because I do not trade everyday.
How many valid signal depends on market condition. TheWicker said in his firsts posts that we can excpect 2-3 valid signals per week on each pair. But that is in TRENDING conditions. Last month we have less trend and rather ranging market. So, less valid signals.
Patience is the key for that system.
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