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Attachments: 1H Trend
Exit Attachments

1H Trend

  • #21
  • Feb 6, 2009 1:53pm Feb 6, 2009 1:53pm
I've been trading this system for a couple of days now on the 1min. timeframe. The success is awesome.

If I could exit with better indication, I could of banked between 15-25pips per trade instead of pulling the trigger earlier for 4- 7pips.

I will try fibonacci levels, QQE10 or anything else for exits. I noticed however stoplosses need to be far enough for votality and your targets will eventually hit. However, I'm still testing.

Does anyone have an up to date QQE indicator, it's appreciated.

Thanks
  • #22
  • Feb 6, 2009 4:32pm Feb 6, 2009 4:32pm
This is what I get when I load the template that was in the Zip attachment in post 1.

The chart looks ok, I think, but the MACD doesn't look right. Any ideas on how to get this chart to look like it SHOULD look?

Oh, and a clear explanation of the sort of set-ups to look for wouldn't go amiss, either.

Thanks in advance.
  • #23
  • Feb 6, 2009 5:18pm Feb 6, 2009 5:18pm
How do you trade it? What pair and timeframe do you use?

Quoting Fxcash
I've been trading this system for a couple of days now on the 1min. timeframe. The success is awesome.

If I could exit with better indication, I could of banked between 15-25pips per trade instead of pulling the trigger earlier for 4- 7pips.

I will try fibonacci levels, QQE10 or anything else for exits. I noticed however stoplosses need to be far enough for votality and your targets will eventually hit. However, I'm still testing.

Does anyone have an up to date QQE indicator, it's appreciated.

Thanks
  • #24
  • Feb 6, 2009 5:53pm Feb 6, 2009 5:53pm
Quoting eyevoltage
This is what I get when I load the template that was in the Zip attachment in post 1.

The chart looks ok, I think, but the MACD doesn't look right. Any ideas on how to get this chart to look like it SHOULD look?

Oh, and a clear explanation of the sort of set-ups to look for wouldn't go amiss, either.

Thanks in advance.
Sorry for leaving the chart off, but I got called away......
Attached Image
  • #25
  • Feb 6, 2009 7:39pm Feb 6, 2009 7:39pm
Quoting Dreamliner
How do you trade it? What pair and timeframe do you use?

I only trade the Eur/Usd and I've been trading partial Tokyo and early New York Session. I'm really not to consistent on time for trading, only what my night and day allow.

I ENTER a trade when first candle closes above or below the MA Channels and MACD is indicating long or short.

IMPORTANT If the first candle closes with a movement of more than 10 PIPS and less than 2 pips, I don't trade and wait for proper set-ups.

Sometimes I may look to see what the second or third candle do if I decide to enter. Again, this is what i been testing and so far is doing fine.

Hope this helps.
  • #26
  • Feb 6, 2009 8:38pm Feb 6, 2009 8:38pm
Farewell setup
http://www.forex-tsd.com/suggestions...ell-setup.html 01-12-2007, 06:54 AM

Quoting elihayun
Hi all,
I've been in this forum for more then a year. I learn a lot from the people here. I always look for a simple,yet profitable, setup. I developed a lot of indicators, but none of them worked as the simple, old fashion indicators.

I feel its time for me to say goodbye (or maybe GoodBuy), and as my farewell gift to this great forum, I want to share with this nice and simple setup. The ruls are simple: Make a trade in a candle break, and use MACD and MA(80) as a filter. See the image for explanations.

Please, do not PM me or ask question...
Author - Eli, very good; system too - very symple and clean
sad thing with symple systems - they allow so much room for adjustment, modification, changes and can take so much abuse - that's in the end after hooking-up on it anything possible, you'll never recognise it (and it becomes something different)
good luck and good trading to all
  • #27
  • Feb 6, 2009 9:31pm Feb 6, 2009 9:31pm
was small update on maRsi (4ea?... ) basicaly everything fine as it was from the beginning. Don't know about EA
Attached File(s)
File Type: mq4 MA_rsi.mq4   3 KB | 432 downloads
  • #28
  • Feb 6, 2009 11:15pm Feb 6, 2009 11:15pm
Here ya go.

Quoting Fxcash
I've been trading this system for a couple of days now on the 1min. timeframe. The success is awesome.

If I could exit with better indication, I could of banked between 15-25pips per trade instead of pulling the trigger earlier for 4- 7pips.

I will try fibonacci levels, QQE10 or anything else for exits. I noticed however stoplosses need to be far enough for votality and your targets will eventually hit. However, I'm still testing.

Does anyone have an up to date QQE indicator, it's appreciated.

Thanks
Attached File(s)
File Type: mq4 QQEA.mq4   3 KB | 560 downloads
  • #29
  • Feb 6, 2009 11:48pm Feb 6, 2009 11:48pm
Quoting eagle4x
Here ya go.
Thanks for the indicator!
  • #30
  • Edited 1:39am Feb 7, 2009 12:17am | Edited 1:39am
Quoting aelimian
The entry appears to require all three conditions be met. What is your exit strategy? You are using the MACD or Stochs? Thanks
For now, untill there is a better exit, the MACD that shows opposite signal. BUT the stoc cross of 50 also looks ok, this of course gives more pips, the question is, isn't 20, 30 or 40 enough? (this is one of my biggest problems with trading.)

EDIT: something to look at for entry, if the macd cross for a buy before price moves up through the 80emas, would this not be a better indication of a buy possition - as oppose to the cross happing after price moved through the 80emas - just a though and something to monitor to see if it holds.

Edit: trash last idee - some good trades with macd cross after price moved through the 80emas.
  • #31
  • Edited 12:43am Feb 7, 2009 12:29am | Edited 12:43am
Quoting eyevoltage
Sorry for leaving the chart off, but I got called away......
sorry for taking so long to get back to you, but it was friday night here and we were at a bon voyage party.

I will upload all the indicators seperate, the developer of this system got indicator called
macd line - this is the blue line your see on my macd, it just outlines the fast ma better.
macd cross - this is the arrows on the chart
ma rsi - this is the line between the 80 ema high and 80 ema low, the ma rsi when set to 80, 1, 0, 40, 50 - shows as a 80 ema close, but it changes color according to where the rsi would be, above 50 or below 40

the template has the following list of indicators:
Chart:
EMA - 80, high
EMA - 80, low
MA rsi - 80,1,0,40,50
macd cross - 38,120,20,false

Indicator window 1:
MACD - 38,120,20
MACD line - 38,120,20

I added the stoch myself - indicator window 2: stoch from custom indicator - 120,3,3 and level of 50
Attached File(s)
File Type: mq4 MACD line.mq4   2 KB | 472 downloads
File Type: mq4 MACD Cross.mq4   3 KB | 470 downloads
File Type: mq4 MA rsi.mq4   2 KB | 519 downloads
File Type: tpl farewell.tpl   2 KB | 472 downloads
  • #32
  • Feb 7, 2009 12:52am Feb 7, 2009 12:52am
Quoting Fxcash
I've been trading this system for a couple of days now on the 1min. timeframe. The success is awesome.

If I could exit with better indication, I could of banked between 15-25pips per trade instead of pulling the trigger earlier for 4- 7pips.

I will try fibonacci levels, QQE10 or anything else for exits. I noticed however stoplosses need to be far enough for votality and your targets will eventually hit. However, I'm still testing.

Does anyone have an up to date QQE indicator, it's appreciated.

Thanks
To add to the QQE indicator eagle4x uploaded, here are the QQE indicators I have, sorry I do not have the source codes.
Attached File(s)
File Type: ex4 QQE.ex4   4 KB | 391 downloads
File Type: ex4 QQE_Alert_MTF_v5.ex4   19 KB | 405 downloads
  • #33
  • Feb 7, 2009 1:03am Feb 7, 2009 1:03am
this system i test on m1 , result is awesome

but i suggest to use multiple time frame to entry will be better?
  • #34
  • Feb 7, 2009 1:06am Feb 7, 2009 1:06am
Quoting Paul88
this system i test on m1 , result is awesome

but i suggest to use multiple time frame to entry will be better?
Paul can you elaborate a bit please?
  • #35
  • Feb 7, 2009 1:15am Feb 7, 2009 1:15am
what i want to means is we can detect trend on higher time frame like M30

and we follow the trend and entry on M1

is it a good idea?

PS:sorry for my bad english
  • #36
  • Edited 1:50am Feb 7, 2009 1:24am | Edited 1:50am
Quoting Paul88
what i want to means is we can detect trend on higher time frame like M30

and we follow the trend and entry on M1

is it a good idea?

PS:sorry for my bad english
You can try it and post your findings here, we will appreciate any input.

EDIT: ps. don't worry about your english, nothing wrong with it (i bet i can't speak yours), I'm afrikaans myself, and it is not language that is important here, it is ideas and the sharing of knowlegde.
  • #37
  • Feb 7, 2009 11:04am Feb 7, 2009 11:04am
hi ,
my macd with one line. please advise how can i make it 2 line

regards,
  • #38
  • Feb 7, 2009 12:12pm Feb 7, 2009 12:12pm
Quoting Jnita
sorry for taking so long to get back to you, but it was friday night here and we were at a bon voyage party.

I will upload all the indicators seperate, the developer of this system got indicator called
macd line - this is the blue line your see on my macd, it just outlines the fast ma better.
macd cross - this is the arrows on the chart
ma rsi - this is the line between the 80 ema high and 80 ema low, the ma rsi when set to 80, 1, 0, 40, 50 - shows as a 80 ema close, but it changes color according to where the rsi would...
Many thanks, Jnita. Chart is now set up nicely. Seems like a good method and I'll follow this thread with interest.
Cheers.
  • #39
  • Edited 5:17pm Feb 7, 2009 4:20pm | Edited 5:17pm
Quoting Jnita
sorry for taking so long to get back to you, but it was friday night here and we were at a bon voyage party.

I will upload all the indicators seperate, the developer of this system got indicator called
macd line - this is the blue line your see on my macd, it just outlines the fast ma better.
macd cross - this is the arrows on the chart
ma rsi - this is the line between the 80 ema high and 80 ema low, the ma rsi when set to 80, 1, 0, 40, 50 - shows as a 80 ema close, but it changes color according to where the rsi would be,...
EMA - 80, high
EMA - 80, low
MA rsi - 80,1,0,40,50
macd cross - 38,120,20,false
could be good idea 2 set rsi levels on MArsi equally (from 50): 40/60 or 55/45 , 49/51 or 50/50 so it won't be "one-sided" (set 4 uptrend but not 4 range and downtrend)
pict: just playing to see what marsi does under different settings and conditons(testdrive)
Attached Image (click to enlarge)
Click to Enlarge Name: farewell_c.gif Size: 22 KB
Attached File(s)
File Type: tpl farewell_c.tpl   2 KB | 345 downloads
  • #40
  • Feb 7, 2009 11:14pm Feb 7, 2009 11:14pm
Eli:" The ruls are simple: Make a trade in a candle break, and use MACD and MA as a filter"
"macd in buy position" (macd main >macd signal) = osma (macdhisto)>0
Attached Image (click to enlarge)
Click to Enlarge Name: farewell_m1.gif Size: 19 KB
Attached File(s)
File Type: tpl farewell_m.tpl   3 KB | 366 downloads
File Type: mq4 MACD_OsMA_4ColorH_2LVar_mtf.mq4   7 KB | 458 downloads
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