Dislikedtake a look at this u guys......
I attached a Moving Average Cross automatic trading system to the ma's we use just to see if i could get some signals to generate around the candle patterns we look for...........
Sounding board...let's have some feedback.Ignored
Nice find, Shilva, I myself was using a system called Wizetrade, and after trying to learn it for 6 months, am starting to give up on it altogether. The idea of placing trades simply on the existence of a cross is exactly what WT software tells you to do. But, after getting caught in so many bad trades (I averaged 1 good trade for every 10-15 bad ones) and my fried brain about to give up on learning trading altogether, my logic figured there HAD to be more reasons for sudden movement that was being hidden from me. After I started coming here, and getting caught by the catchy phrase, "Trade what you see,NOT what you expect", which was basically ALL I could do with that software, I began to understand that I was not wrong, but that it was my logic being misled by a bunch of false indicators. Learning how to read candles is such an eye and mind opening experience after 6 months of feeling like I was trading in the dark, I'll never go back. It's all up from here. Just my $.02. I'd rather be able to see all the raw data than have it hidden from me and just trade crosses.
Great job on the "out of the box" thinking,though. Original thinkers like you will always find something useful to use in their own right. Keep trying new things, nothing is wasted. I'm sure EO did a lot of that to find his system.
Ez