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Attachments: 4H Trade System
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4H Trade System

  • #1
  • First Post: Edited Jul 3, 2009 1:13am Jun 25, 2009 12:14am | Edited Jul 3, 2009 1:13am
Bull market
When prices in the second series top, We Buy!
When prices in the Third series top, We Buy!
When prices in the Fourth series top, We Buy!
Stops are placed on the other side

Bear market
When prices in the second series foot, We Sell!
When prices in the Third series foot, We Sell!
When prices in the Fourth series foot, We Sell!
Stops are placed on the other side
Attached Image (click to enlarge)
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  • #2
  • Jun 25, 2009 12:58am Jun 25, 2009 12:58am
Hi! Your system looks promising specially if coordinated with price action. May I ask whats the purpose of the 1st series? Thanks!
  • #3
  • Jun 25, 2009 1:20am Jun 25, 2009 1:20am
Quoting jland
Hi! Your system looks promising specially if coordinated with price action. May I ask whats the purpose of the 1st series? Thanks!
1st series
Is not ultimate goal
  • #4
  • Jun 25, 2009 2:34am Jun 25, 2009 2:34am
How do you setup your profit target?
  • #5
  • Jun 25, 2009 3:48am Jun 25, 2009 3:48am
Interesting use of the these EMA which you can setup for yourself with the following settings.

EMA Close

380 & 335

255 & 230

170 & 145

70 & 55
Starting to see instead of just looking.
  • #6
  • Jun 25, 2009 8:52am Jun 25, 2009 8:52am
Quoting jland
How do you setup your profit target?
next series of target
  • #7
  • Jun 25, 2009 8:53am Jun 25, 2009 8:53am
Quoting Rastaman
Interesting use of the these EMA which you can setup for yourself with the following settings.

EMA Close

380 & 335

255 & 230

170 & 145

70 & 55
yes, this is important of EMA
  • #8
  • Jun 25, 2009 8:59am Jun 25, 2009 8:59am
Does the attached file in post #1 go in the experts file?
And do you have a template?
Thanks for your efforts,
Michael
  • #9
  • Jun 25, 2009 9:56am Jun 25, 2009 9:56am
Quoting alllivemind
Does the attached file in post #1 go in the experts file?
And do you have a template?
Thanks for your efforts,
Michael
Re-download
Attached File(s)
File Type: tpl 4h trade system en.tpl   6 KB | 631 downloads
  • #10
  • Jun 25, 2009 11:02am Jun 25, 2009 11:02am
Do you only trade from top to bottom? That is only take action if prices move from above to below?

herty
  • #11
  • Jun 25, 2009 11:11am Jun 25, 2009 11:11am
Hi, can you describe where you place a TP ?
  • #12
  • Jun 25, 2009 11:39am Jun 25, 2009 11:39am
It's not clear where you set your target. Is your target the 1st series? Did you test this system? It seems really promising
  • #13
  • Jun 25, 2009 11:53am Jun 25, 2009 11:53am
Quoting herty
Do you only trade from top to bottom? That is only take action if prices move from above to below?

herty
above, simply an example
In the transactions, if prices move from above to below，
You operate in the opposite
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  • #14
  • Jun 25, 2009 11:59am Jun 25, 2009 11:59am
Quoting GregRom
Hi, can you describe where you place a TP ?
Today's transactions
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  • #15
  • Jun 25, 2009 12:02pm Jun 25, 2009 12:02pm
Quoting Arturs
It's not clear where you set your target. Is your target the 1st series? Did you test this system? It seems really promising
This is my latest design system, I am currently testing, I hope we can test, because I think this system is good
  • #16
  • Jun 25, 2009 12:34pm Jun 25, 2009 12:34pm
eur usd Trend
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  • #17
  • Jun 25, 2009 1:29pm Jun 25, 2009 1:29pm
Quoting chuckgy
eur usd Trend
Please Chuckgy

Could you point your entry point exactly...I am not understanding your system...more details about entry criteria, stop and TP levels, will be important for us.

Thanks for the effort
Suba
  • #18
  • Jun 25, 2009 4:49pm Jun 25, 2009 4:49pm
Quoting chuckgy
eur usd Trend
If i got it right, you open the position on second sesion... so, in this case Take Profit is first sesion ???and third sesion is gonna be for sell loss... explain please... also can you tell please for which pairs you use this system...
Thanks a lot for quick response on my first post... Thanks again...
  • #19
  • Jun 26, 2009 7:24am Jun 26, 2009 7:24am
Quoting Suba
Please Chuckgy

Could you point your entry point exactly...I am not understanding your system...more details about entry criteria, stop and TP levels, will be important for us.

Thanks for the effort
Suba
Sell it when price pieces the 2th series; stop it when prices go back to the top of 2th series. Profit point is in the space between of 2 & 3 .

Buy it when the price rebounds in the third sereies. Profit point stays under the 2th series.

Buy it above the top of 2nd series when the price is keeping up. Stop it uder the 2nd sereise. And I am still consideing how to set the profit point.

Sell it under the 3rd series when the price down through it. Stop above top of 3rd,target above 4th.

Sell it under the 4rd series when the price is going down. Stop above top of 4th, unconfirm to set the target.
  • #20
  • Last Post: Jun 26, 2009 7:25am Jun 26, 2009 7:25am
Quoting GregRom
If i got it right, you open the position on second sesion... so, in this case Take Profit is first sesion ???and third sesion is gonna be for sell loss... explain please... also can you tell please for which pairs you use this system...
Thanks a lot for quick response on my first post... Thanks again...
1st series is the opening, named it after we had confimed the trands of other sereies.

2nd series is the tendency.Price pieces it, showing trends to Short temporary. Opposite is to the bull.

3rd series is the Retracment. Price waves and won’t be over 2&4th series.

4th is the final trendency series. It should be done oppositely as what you done before,stop buying or selling.
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