515 Eurofighter System | Forex Factory

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Attachments: 515 Eurofighter System
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515 Eurofighter System

  • #1
  • First Post: Edited Mar 6, 2017 9:37am Jun 19, 2009 5:53am | Edited Mar 6, 2017 9:37am
HAPPY TRADING AND ALL THE BEST TO ALL OF US…!!!
  • #2
  • Jun 19, 2009 5:56am Jun 19, 2009 5:56am
Here they are...
Attached File(s)
File Type: mq4 MTFMovingAverage.mq4   5 KB | 1,606 downloads
File Type: ex4 STOCH_Bars_M#_v2.ex4   36 KB | 1,672 downloads
File Type: mq4 _Stochastic_Cross_Alert_SigOverlayM_cw.mq4   6 KB | 1,675 downloads
File Type: mq4 Support_Resistance.mq4   2 KB | 1,560 downloads
File Type: mq4 RSIbar.mq4   1 KB | 1,659 downloads
  • #3
  • Jun 19, 2009 6:32am Jun 19, 2009 6:32am
Vertical line #1

15m: Stochastic making swing high and price find resistance @ PW 1.3950 and 365EMA of H1.

5m: Stochastic making swing high and price find resistance @ PW 1.3950.

Entry @ the opening of next candle in 5m (1.3944) with 20p SL. Easy 20p profit @ 1.3924.

Vertical line #2

15m: Price still resisted @ 365EMA of H1. Stochastic still going down. A Trend Continuous (TC) signal.

5m: Stochastic diverging with the price making Doube Top (finding resistance around the previous high @ vert. line #1).

Entry @ the opening of the next candle in 5m (1.3937) with 20p SL. Easy 20p profit @ 1.3917

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 33 KB
Click to Enlarge Name: eu2.gif Size: 35 KB
  • #4
  • Jun 19, 2009 6:48am Jun 19, 2009 6:48am
Look at vertical line X.

I am always alert when the stochastic in 15m TF below level 20 or above level 80. In this case, the stoch reading @ 13.8+++. Siganl to place for my BUYING position.

Then I flip to m5 chart n c where I can make my "clean" entry. Obviously, in this case it is at the opening of next candle.

LONG @ 1.3910 with 20p SL. Another easy 20p profit from this move.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 55 KB
Click to Enlarge Name: eu2.gif Size: 55 KB
  • #5
  • Jun 19, 2009 6:53am Jun 19, 2009 6:53am
thanks for system...does your system has better performance versus 4h MACD strategy in your experience ?????
  • #6
  • Jun 19, 2009 6:58am Jun 19, 2009 6:58am
Quoting $aly
thanks for system...does your system has better performance versus 4h MACD strategy in your experience ?????
To me yes...

I can easily get 80pips/day using this system because that is my target just for a day.
  • #7
  • Jun 19, 2009 7:06am Jun 19, 2009 7:06am
This one is only based on 5m stochastic swing high. The vertical line is the signal candle as the stochastic reading @ 91.4++ (super swing high).

In 15m, the stoch seems going up, so this is a Counter Trend (CT) and I only willing to risk 10p SL for this one.

Entry @ the opening of next candle (1.3934) with 10p SL. Easy 10p profit...but nerve wrecking trade as well...

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 55 KB
Click to Enlarge Name: eu2.gif Size: 55 KB
  • #8
  • Jun 19, 2009 7:13am Jun 19, 2009 7:13am
Thanks for sharing, I'm going to try it on my MT4 also.
  • #9
  • Jun 19, 2009 7:17am Jun 19, 2009 7:17am
Quoting Jason Rogers
Thanks for sharing, I'm going to try it on my MT4 also.
4 entries per day using 20p SL/TP strategy = 80p profit daily. Should be enough for you?

All the best
  • #10
  • Jun 19, 2009 7:29am Jun 19, 2009 7:29am
Here are my D1-H4-H1 charts.

Fibs, Equidistant Channel and Trend Lines (TLs) are all from D1 TF.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 56 KB
Click to Enlarge Name: eu2.gif Size: 55 KB
Click to Enlarge Name: eu3.gif Size: 52 KB
  • #11
  • Jun 19, 2009 8:06am Jun 19, 2009 8:06am
The last example for this week. This entry are based on 5m stochastic and 15m Price Action (PA).

15m : Doji candle with support @ previous low (see the support-resistance indy in blue dots)

5m: Stoch reading @ 11.7++ (swing low) for BUYING signal.

Entry (LONG) @ opening next candle of 5m (1.3910) with 10p SL. Easy 10p profit @ 1.3920
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 55 KB
Click to Enlarge Name: eu2.gif Size: 55 KB
  • #12
  • Jun 19, 2009 8:09am Jun 19, 2009 8:09am
Quoting zamanib
sell the break of the blue and buy the break of the RED from 700gmt--1700gmt. You will do better I have a system like this you can see my live trades there

http://zamanib.mt4live.com/
Thanks for your idea. It seems my system still a lot better for me.
  • #13
  • Jun 19, 2009 8:26am Jun 19, 2009 8:26am
Sometime stochastic making divergence/convergence before it reach 80/20 levels.

Say if we make 9 entries as per 5m chart below and our entries are @ the vertical lines...if we use 10p SL/TP strategy, how many trade we will lost here?

Answer is none. Profit is 90pips.

THINK AGAIN.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 60 KB
  • #14
  • Jun 19, 2009 8:49am Jun 19, 2009 8:49am
Hi Orange,

I really like your approach. Can you share your templates.

Thanks

PR
  • #15
  • Jun 19, 2009 9:21am Jun 19, 2009 9:21am
Thanks for sharing your system!I will test it,for sure!
  • #16
  • Jun 19, 2009 4:46pm Jun 19, 2009 4:46pm
well i have been usin this sys for quite a while and it really works wonders, i will be sharing my trades tht i did with this sys, its very easy and works well in all market situation, thanks Orange for the research and time u have spent on this sys, i hope traders get more pips out of it
  • #17
  • Jun 21, 2009 6:33am Jun 21, 2009 6:33am
Quoting profundo
Hi Orange,

I really like your approach. Can you share your templates.

Thanks

PR
here is the template... happy trading
Attached File(s)
File Type: tpl brendan 21jun09 ks.tpl   32 KB | 727 downloads
  • #18
  • Jun 21, 2009 8:13am Jun 21, 2009 8:13am
Quoting profundo
Hi Orange,

I really like your approach. Can you share your templates.

Thanks

PR
my friend pstoh already send to u the template...

all the best
  • #19
  • Jun 21, 2009 8:14am Jun 21, 2009 8:14am
Quoting vladv
Thanks for sharing your system!I will test it,for sure!
yes...my pleasure...
  • #20
  • Edited 8:39am Jun 21, 2009 8:16am | Edited 8:39am
Quoting Arslan
well i have been usin this sys for quite a while and it really works wonders, i will be sharing my trades tht i did with this sys, its very easy and works well in all market situation, thanks Orange for the research and time u have spent on this sys, i hope traders get more pips out of it
thanks to u 2 my friend...

after me, you are the second person using this system without doubt. your contribution here is very most welcome...!!!
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