Trend Follower 5 Minute System
- #2,932
- Apr 11, 2009 2:46am Apr 11, 2009 2:46am
- | Joined Jan 2009 | Status: independent mind | 1,104 Posts
Hello everyone,
I was testing this strategy for 2 weeks, I did some adds on it to improve it.
Kindly get look on the attached picture and let me know how this modifying could work in average..
Rules :
Buy only when
Momentum above or = 100 line
MACD & ADX + Bollinger is Green
Laguerre touch 15 or below
EMA Crossover Signal gives you green arrow
Exit points
I prefer you to start your trade with 3 lots and exists as the following:
* Exist #1 because humans naturally greedy so close your trade when its get some good pips that you afraid to lose them.
* Exist when MACD & ADX + Bollinger is red.
*Exsit when Momentum trend is down and going so close to the 100 line also keep eye on Laguerre getting out of >75 line.
Sell only as its showing in the picture.
____________________________________________________
in the attached template there is also top trend indicator its help you to be away of the weak market loses, I mean when the market is sleeping you will get many of signals to buy and sell but with this indicators will give you better look for the sleeping market so you wont hurt your self by many of small trades that always hit the stop lose more than its give you profits.
I'm waiting for your suggestions and notes.
Wish you all the best
plz wish me the best too
I was testing this strategy for 2 weeks, I did some adds on it to improve it.
Kindly get look on the attached picture and let me know how this modifying could work in average..
Rules :
Buy only when
Momentum above or = 100 line
MACD & ADX + Bollinger is Green
Laguerre touch 15 or below
EMA Crossover Signal gives you green arrow
Exit points
I prefer you to start your trade with 3 lots and exists as the following:
* Exist #1 because humans naturally greedy so close your trade when its get some good pips that you afraid to lose them.
* Exist when MACD & ADX + Bollinger is red.
*Exsit when Momentum trend is down and going so close to the 100 line also keep eye on Laguerre getting out of >75 line.
Sell only as its showing in the picture.
____________________________________________________
in the attached template there is also top trend indicator its help you to be away of the weak market loses, I mean when the market is sleeping you will get many of signals to buy and sell but with this indicators will give you better look for the sleeping market so you wont hurt your self by many of small trades that always hit the stop lose more than its give you profits.
I'm waiting for your suggestions and notes.
Wish you all the best
plz wish me the best too 
- #2,933
- Edited 9:01am Apr 11, 2009 8:09am | Edited 9:01am
Hello everyone,
I was testing this strategy for 2 weeks, I did some adds on it to improve it.
Kindly get look on the attached picture and let me know how this modifying could work in average..
Rules :
Buy only when
Momentum above or = 100 line
MACD & ADX + Bollinger is Green
Laguerre touch 15 or below
EMA Crossover Signal gives you green arrow
Exit points
I prefer you to start your trade with 3 lots and exists as the following:
* Exist #1 because humans naturally greedy so close your trade when its get...
Looks like that you are added two or three indicators so in total we now have near 20 of them. Not bad, two more and we will have 20 indicators on our chart. Then will come somone and say that we need 5 more of them. On the end our chart will looks like example below.
But, that will not help us to filter bad signals. That will help us to better and easier destroy our account.
You said that you have tested it for some big time of 2 weeks. Usually system are tested for months even years before to get any conclusion how system is. Next, if you have tested you must have some results, so why you need our opinion if you have good results?? Or you have bad results?
If you have bad results why do you post examples of bad system?
Finally I appreciate you effort to improve system but first give us some results to convince us that your system is good. IF you want of us to test and do your job, no thanks.
I like system as it is because it gives me a good profit.
- #2,934
- Edited 2:28am Apr 12, 2009 1:44am | Edited 2:28am
- Joined Sep 2008 | Status: Trader | 2,298 Posts
Starting to see instead of just looking.
- #2,935
- Apr 12, 2009 1:55am Apr 12, 2009 1:55am
Pilatus...That was a good one.
Did you kids scribble on the wall there?
If it ain't broke Don't fix it.
ahhahahaha no buddy. But you give me good idea.....when my kids get little older and start to draw I will give them task to draw my somthing on wall to which I will use as new system.I am joking guys, no offence.
- #2,936
- Apr 12, 2009 2:30am Apr 12, 2009 2:30am
- Joined Sep 2008 | Status: Trader | 2,298 Posts
I am joking guys, no offence.
Wait, I see a good Long opportunity on the EUR/JPY next week.
http://www.artinthepicture.com/blog/...n-painting.jpg
Starting to see instead of just looking.
- #2,937
- Apr 12, 2009 10:39am Apr 12, 2009 10:39am
A little finger painting perhaps or a Jackson Pollock on the chart, just to really show us the trend?
Wait, I see a good Long opportunity on the EUR/JPY next week.
http://www.artinthepicture.com/blog/...n-painting.jpg
