Super Simple System

Hi Fourxxx, this works on only one pairs? That means u only enter based on the aroon indicator, when it goes down, u either buy or sell? U did not see the SMACD? U only see Smacd when exit?

U were saying the conditions must agree with 5 Min, 15 Mins and 30 mins... which means, that for 5 Mins, 15 Mins and 30 Mins, the Aroon must go down with the same color right?

the system is work for every pair. if all 3 time frame agree off course you may hold longer time frame. that is reason I saying using longer time frame as your guide.

like sometime when I trade 1m always double check on 3 time frames. and if 3 time frame agree. I will hold longer. for example

check your self on your own chart. at 30m TF what was happen on nxMACD? it should be uptrend color. so you know it is safe to enter long only. you may enter short at 1m chart at less 5m chart have to be agree on stochastic.

I've been following this thread with great interest. Why are there
no latest feed from our regular...

either this system is not good enough or is too good

I think this system is the first one not good enough.

I have combined the Super Signal and Aroon from here with the THV system also on Forex Factory, these 2 give very good early signal, but sometimes there are many false entries without elements of THV but the combination is working out well for me.

Hey Mtuppers, I disagree, I think this system will work very well.

I am trying to make it a scalping system specifically for 1m. I have been trying different indicators to assist. Currently using Signal Line, ema crossover alerts(arrows), the colour stochastic, nxMACD and SMACD, QQE (adv) and just added FX Snipers Ergodic CCI to see if that aids in entry.

I wrote down all my trades last 2 sessions and all the losing trades I did not have all of my entry signals - usually missing 1 and thinking yeah close enough. The winning trades had all entry signals correct. I am very trigger happy so need to get more discipline obviously then I can make this work as a great scalping system.

Here is a chart of a trade today - my entry signals for long trade at present:
1 min
1. Signal line changed to aqua
2. MACD histo blue
3. Light blue SMACD above white - recent cross preferred
4. Stochastic blue and either heading north or in 80 zone
5. QQE above red signal line
6. QQE heading north preferably above 50
7. FX Sniper says LONG (blue above red)
8. EMA crossover up arrows visible

This can be gauged fairly quickly as all indicators should be blue and heading up.

Important: check 5m to see if signal line also aqua
Long trade should be suggested by indicators on 5m. For example better if 5m MACD also blue, QQE above red and 50 etc.

Be wary if 5m long trend looks to be about to end or if close to round number or pivot.

For me 7 out of 19 trades failed because the 5m signal line was opposite colour.

Exits can be any of these:
1. predetermined scalping pips - say 5-15 on GBPUSD.
2. multiple lots and scale out.
3. Change of signal line colour - trade will reverse (wait for close of candle) - sometimes can stay in if at beginning of 5m trend.
4. MACD changes colour
5. SMACD blue line crosses or points towards a cross.
6. Check 5m to see if its best to exit or hold.

So I hope we can continue to work together and get a super simple system consistently profitable. I intend to go live very soon. Just gotta get my finger off the trigger until all rules satisfied. Any suggestions, tips etc greatly appreciated as I am just learning these indicators.

Thanks again Mtuppers.

here is two indicators would help in trades

one is cycle indentifer the other SEFC 084 (bull and bear)

cycle indentifer do reprint. however good for scalping with 1m

SEFC 084 is very good however I think is commercial indicator no mq4 file.

if owner of this indicator please pm me.

rule

aroon and cycle indentifer confirm the trend. SEFC 084 change color. and other indicator should agree already. note: SEFC 084 would give you right signal, however, at chopping market. may not be that well.

for cycle indentifer I upload 2 files
1 is for major which you see below (and well reprint) however when SEFC 084 change color then should not reprint unless it does not think it is ended.
the other as all which you will see all the cycle detected, however will still show major one as size 4 bar

I really enjoy this thread. Does anyone happen to have an EA that will buy and sell based strictly on the (Blue/Red) SIGNAL LINE shown in the main window? I need to have something to work from to modify with some ideas I'm playing with. Of course I will post my mods for all to use. I hope someone has one...

Hi Mtuppers, are u there? need to check with u someting.. thanks

Hey mtuppers,

I was asking you if i can convert the Super Signal indicator to a robot ((EA and JS))....

If you agree, may you give me its conditions so i can creat it....

Thanks
elbarck

mtuppers,

Glad to see the system is still alive! Sent you an email.

Lionsden

Anyone alive with this system?

Don't know for sure but if you have a question I will try and answer it.

L

sorry, I'm busy. as while I am testing some indicators try make new system that would make trading way easier.

Gotcha,

I know the system will be even better than this one!

L

share system or indicators

mtuppers'
thanks for sharing. I am reading through the post and will bring the system into a demo account over the weekend. I will post more next week.

regards

mtuppers, goldminer2.ex4 downloads as attachment.php. How do I extract the incicator?

Click the attachment pin on the top right corner next to pages index and download from there. It works for me, hope for you too. Try it.

goldminer2.ex4 is forextrend.mq4 attachments is mq4 file.

note this indicator will reprint. please using other indicator to confirm the trend