Moderate MA/MACD/Bollinger System | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simplify My Request on Bollinger Bands Alert with MACD Filter 4 replies

Help: Combine Bollinger bands and MACD indicator 4 replies

Traditional MACD histograms vs MT4's MACD Coding 8 replies

no MACD line on MT4 MACD indicator 1 reply

MACD + Bollinger EA (with Custom Indicators). Need HELP Coding! 0 replies

Attachments: Moderate MA/MACD/Bollinger System
Exit Attachments

Moderate MA/MACD/Bollinger System

  • #41
  • Sep 14, 2009 6:48am Sep 14, 2009 6:48am
Quoting trendman
I always put my stop around 57 and tp around pivots
Yur system is so impressive, I'll give it a try this week.. thank you
  • #42
  • Sep 14, 2009 6:51am Sep 14, 2009 6:51am
Quoting jgadefelth
why need it cut throw first 57 and then 62 the must common is that it cuts thrue 62 and then 57??


best regards
I've been following this MA set up about 8 months ,now.
I always see that if 62 goes below 57(downtrend )this shows the trend is changing on a uptrend, if the reverse happens on a down trend it means opposite and always wait for the 20 ma confirmation cuts through 57 , if 20 cuts 1st 62 than I always stay out, it doesn't give me any confidence

You may loose the movement but I always stick with my system
{Promotion Removed}
  • #43
  • Sep 14, 2009 6:57am Sep 14, 2009 6:57am
ok i get that now, now i just need to understand the rest like the when to enter and what macd is good for


best regards
  • #44
  • Sep 14, 2009 7:02am Sep 14, 2009 7:02am
Quoting jgadefelth
ok i get that now, now i just need to understand the rest like the when to enter and what macd is good for


best regards
Macd is there to confirm the up trend or down trend or divergences
the combination of macd is simply same as moving avarege set up(did you notice that) so before the ma cross over happens,macd can give us early signals
{Promotion Removed}
  • #45
  • Sep 14, 2009 7:05am Sep 14, 2009 7:05am
as I've said before please follow 5 min chart as well, see the circled area 57 is very flat along with bbands
Attached Image (click to enlarge)
Click to Enlarge Name: 5 min chart.jpg Size: 198 KB
{Promotion Removed}
  • #46
  • Sep 14, 2009 7:25am Sep 14, 2009 7:25am
57 again very close to 62
{Promotion Removed}
  • #47
  • Edited 7:43am Sep 14, 2009 7:31am | Edited 7:43am
short is signalled

out with 10 pips

awaiting 57 pullback
{Promotion Removed}
  • #48
  • Sep 14, 2009 7:50am Sep 14, 2009 7:50am
Hi,

Jus wondering, when your out with 10 pips profit what was the stop lost value for this trade?

Thanks for sharing

Quoting trendman
short is signalled

out with 10 pips

awaiting 57 pullback
"Hands that help are holier than lips that pray" Shirdi Sai Baba
  • #49
  • Sep 14, 2009 8:16am Sep 14, 2009 8:16am
Quoting Greenmoney21
Hi,

Jus wondering, when your out with 10 pips profit what was the stop lost value for this trade?

Thanks for sharing
i was in 1.4556 and came out 1.4546
my stop loss was 7
{Promotion Removed}
  • #50
  • Sep 14, 2009 8:20am Sep 14, 2009 8:20am
abig movement is going to happen,careful

anybody caught that,cool system hey
{Promotion Removed}
  • #51
  • Edited 2:29pm Sep 14, 2009 8:28am | Edited 2:29pm
here is the charts that shows the breakout,

always follow 5 min chart , you can clearly see the price is insisting to stay above 57 ema on 5 min, and macd is positive

25 pips is locked
Attached Image (click to enlarge)
Click to Enlarge Name: breakout.jpg Size: 204 KB
{Promotion Removed}
  • #52
  • Edited 11:23am Sep 14, 2009 11:11am | Edited 11:23am
Quoting trendman
here is the charts that shows the breakout,

always follow 5 min chart , you can clearly see the price is insisting to stay above 57 ema on 5 min, and macd is positive

25 pips is locked
My friend thanks for the thread...Appreciate especially the charts you post...listen, will you clearly mark on your 1m chart (with an arrow) where you entered your trades as it is very difficult to follow sometimes where you exactly enter the trades...what GMT time are your charts?

thanks
  • #53
  • Sep 17, 2009 9:41am Sep 17, 2009 9:41am
ok i can see the macd are posetive that maybe is of sme intrest but the crossing of macd i cant find useful


best regards
  • #54
  • Edited 2:24pm Sep 17, 2009 1:31pm | Edited 2:24pm
I see no difference in the 1m and 5m chart on the templates; just some ma color changes that confuses me so I made them all the same. Is this correct?

Also, how do you use each MACD?

Thank you for putting this nice system together. Really nice.

Steve
  • #55
  • Sep 18, 2009 4:17am Sep 18, 2009 4:17am
Quoting stevewide
I see no difference in the 1m and 5m chart on the templates; just some ma color changes that confuses me so I made them all the same. Is this correct?

Also, how do you use each MACD?

Thank you for putting this nice system together. Really nice.

Steve
The macd works very well according to my observation,such as on 1 min chart if the bars are positive along with line macd than,long positions can be taken and if lines are in negative position(below 0 line) and bars are negative than short position can be taken,but you must follow 5 min chart again on 1 min chart the line macd position is very important,whether it's below 0 line or above 0 line ,and again just take your position using ma support/resistance

Thanks again for your interest
{Promotion Removed}
  • #56
  • Sep 18, 2009 2:35pm Sep 18, 2009 2:35pm
pics please
  • #57
  • Sep 18, 2009 3:15pm Sep 18, 2009 3:15pm
Quoting jgadefelth
pics please
Please see the trade taken area,bband also gives a single with narrowing the price action and the pair goes under 20 and follows the others
Attached Image (click to enlarge)
Click to Enlarge Name: trade.jpg Size: 190 KB
{Promotion Removed}
  • #58
  • Sep 19, 2009 9:20am Sep 19, 2009 9:20am
Hi,
any EA can trade this great system now?
too tired to watch and trade, if possible could any buddy write EA for it

Regards
  • #59
  • Sep 19, 2009 10:46am Sep 19, 2009 10:46am
On 1 min chart:
add: 20 EMA(red),62EMA (yellow) and 57 SMA(blue),also add 57 bollinger bands(the middle line make it colourless)
MACD:20,62,57

On 5 min chart:

Please add the samethings on min 1chart

hi,newbie here,i have downloaded the templates and indi's, but something is not claer to me:
/i've noticed that the settings on both TF's /templates are NOT the same/
1. the 20EMA on 1M is applied to "high" but on 5M to "close"
2. the 57SMA is missed on 5M,but its on your posted charts /the 57EMA on 1M matches exactly the middle BB, so i think the same must be on 5M/
3. BB's are missed on both TF /ok,it's not an issue/, applied to "close"?
4. the EMA's are different colour, so i'm wondering if its same settings on both TF, further i think maybe we don't need two sheets,we can switch the TF's by using one sheet /its only to my suits and of course it is not so important/
Please help me to understand the basics,maybe im totaly wrong because i'm new to forex so "green",english is not my first language too
Many thanks in advance and thank you for sharing!
sam
Money is made by sitting, not trading. Jesse L. Livermore
  • #60
  • Sep 19, 2009 4:28pm Sep 19, 2009 4:28pm
Quoting sam69
On 1 min chart:
add: 20 EMA(red),62EMA (yellow) and 57 SMA(blue),also add 57 bollinger bands(the middle line make it colourless)
MACD:20,62,57

On 5 min chart:

Please add the samethings on min 1chart

hi,newbie here,i have downloaded the templates and indi's, but something is not claer to me:
/i've noticed that the settings on both TF's /templates are NOT the same/
1. the 20EMA on 1M is applied to "high" but on 5M to "close"
2. the 57SMA is missed on 5M,but its on your posted charts /the 57EMA on 1M matches exactly the middle BB, so i think...

Everything you've said above is correct.Youve clearly understood the system.
The main thing on this system is the 5 MACD,if the MACD bars are positive along with the line macd than look for long positions ,opposite of the positve Macd look for short positions,look at the charts I've posted.If you need I can post couple of more charts and also last but not least moving avarages help.
Any questions ,let me know, we're all learners here
{Promotion Removed}
0 traders viewing now