1M / 5M RSG System | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The System Behind the System, by Merlin Jeffries 16 replies

RSG MACD M1 10 replies

200 Ema system - help me build a system ! 19 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: 1M / 5M RSG System
Exit Attachments

1M / 5M RSG System

  • #21
  • Dec 30, 2009 3:41am Dec 30, 2009 3:41am
I operate only with forks andrews ... and work ... so I advise that they implement this strategy, work very well.

thanks.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: horkilla final.gif Size: 79 KB
Click to Enlarge Name: andrews.gif Size: 74 KB
  • #22
  • Dec 30, 2009 4:14am Dec 30, 2009 4:14am
Guys can you kindly post the macd histogram thanks
  • #23
  • Dec 30, 2009 4:35am Dec 30, 2009 4:35am
Quoting kirkleaforex
Hi folks, this is my first system post after almost 5 years of struggling and learning and losing and persisting, and I am finally satisfied that this system is working for me. It just may for you also.

RSG stands for "Ready, Set, GO" (corny perhaps!) but is a traffic light system, i.e. RED, ORANGE and GREEN signals to confirm ENTRY.

PAIR: EURUSD only, as this pair trends well. I have not tried this system on any other pair.

TF:...
I am not clear as to what your entry signal is.

Is your entry signal when ALL MACD'S cross on BOTH timeframes?

Or is your entry signal JUST when the 5 min. MACD crosses?

Thanks
  • #24
  • Dec 30, 2009 4:52am Dec 30, 2009 4:52am
Quoting kirkleaforex
Hi folks, this is my first system post after almost 5 years of struggling and learning and losing and persisting, and I am finally satisfied that this system is working for me. It just may for you also.

RSG stands for "Ready, Set, GO" (corny perhaps!) but is a traffic light system, i.e. RED, ORANGE and GREEN signals to confirm ENTRY.

PAIR: EURUSD only, as this pair trends well. I have not tried this system on any other pair.

TF:...
I trade with FXCM.
Their MACD only allows: 13/21/2 NOT 13/21/1.

The last setting on the MACD only gores as low as 2 not 1.

Will this interfere with the system?

Thanks
  • #25
  • Dec 30, 2009 5:03am Dec 30, 2009 5:03am
Guys,

I have a small but important problem with MACD Alert indicator, it's not working I tried to use it on 3 MT4 platforms on my laptop and still nothing.
Any idea ? Does somebody has the same ?

Best regards, J.
Audaces fortuna iuvat !
  • #26
  • Dec 30, 2009 5:23am Dec 30, 2009 5:23am
Hello

My MACD also did not work, the solution was to manually change the MACD
  • #27
  • Dec 30, 2009 5:39am Dec 30, 2009 5:39am
ya,this macd with alert wich is posted dont work on my platform too,i have attached the normal macd from metatrader
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1M-TEMP.png Size: 23 KB
Click to Enlarge Name: 5M-TEMP.png Size: 19 KB
Attached File(s)
File Type: ex4 MACD.ex4   3 KB | 606 downloads
File Type: mq4 MACD.mq4   2 KB | 599 downloads
File Type: tpl 1m rsg.tpl   2 KB | 548 downloads
File Type: tpl 5m rsg.tpl   2 KB | 579 downloads
Money is made by sitting, not trading. Jesse L. Livermore
  • #28
  • Dec 30, 2009 6:30am Dec 30, 2009 6:30am
.
Attached Image (click to enlarge)
Click to Enlarge Name: screen shoot.jpg Size: 101 KB
  • #29
  • Dec 30, 2009 7:41am Dec 30, 2009 7:41am
Hi guys, I apologise to you all about the MACD with alert indicator...I am having trouble compiling it and saving it as an attachment that you can download.

I have been working on it for hours and have finally found a solution I think.

Stay tuned for update...thanks for your patience!
Trade to Live - Don't Live to Trade
  • #30
  • Dec 30, 2009 7:49am Dec 30, 2009 7:49am
If it helps anyone else - instead of the regular MACD histogram I like this one instead, as it gives me a better visual picture in comparing the 3 MACD's.
Attached Image
Attached File(s)
File Type: mq4 Rads macd colored.mq4   8 KB | 794 downloads
  • #31
  • Dec 30, 2009 7:57am Dec 30, 2009 7:57am
Kirk on the one min chart all the macd line up at 1325 for a short trade... now on the five min chart at 1325 the macd is also under zero line can we take this trade now..

Rebel
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 73 KB
  • #32
  • Edited 8:11am Dec 30, 2009 8:00am | Edited 8:11am
Quoting porfirio
I operate only with forks andrews ... and work ... so I advise that they implement this strategy, work very well.

thanks.
Wondering why you posted this Porfirio since it has nothing to do with the method on this thread. I see you're probably a newbee, so let me enlighten you sir/madam with due respect.

It is much more appropriate to start your own thread that promotes your method of using 'Andrews Pitchfork' on a 4 hr time frame which will keep this scalping thread on track of using the 3 different MACD's and accordingly then won't confuse anyone.
  • #33
  • Dec 30, 2009 8:03am Dec 30, 2009 8:03am
Thanks mate for sharing...does yours give a sound alert also?

I have finally compiled the files, and to make it even easier I have saved each MACD file under different headings.

The templates should work without having to drag the files onto your charts, but you never know!

Let's see how this goes...?
Attached File(s)
File Type: zip RSG.zip   19 KB | 877 downloads
Trade to Live - Don't Live to Trade
  • #34
  • Dec 30, 2009 8:11am Dec 30, 2009 8:11am
Quoting rebelheart
Kirk on the one min chart all the macd line up at 1325 for a short trade... now on the five min chart at 1325 the macd is also under zero line can we take this trade now..

Rebel
Sorry mate, have been busy sorting out that zipped file with all the indis and the template and so on.

My trade would have been the GO signal on the 5M at 11:45 when it crossed below zero, and I would have cut it short when it bounced back and gave us a MACD cross above zero on the 1M MACD's.

But what you have seen is a valid trade, to be sure...if you took it, you would be in the money. It's something I will have to look into more, as it was not the GO signal I am referring to here...

There was a big rebound shortly after I took my trade and I was nearly stopped out, but when it hit the 144EMA on the 5M TF, it continued down, so perhaps this rebound to 144EMA is something to consider also. Will check it out, for sure. Thanks for trying this out. Good luck!

Kirk.
Trade to Live - Don't Live to Trade
  • #35
  • Dec 30, 2009 8:16am Dec 30, 2009 8:16am
Quoting finally
I am not clear as to what your entry signal is.

Is your entry signal when ALL MACD'S cross on BOTH timeframes?

Or is your entry signal JUST when the 5 min. MACD crosses?

Thanks
Thanks finally for your interest in this system. Basically it is when all MACD's have crossed, but you will notice they cross in order, red first, then orange, then green (on the 1M), and finally green on the 5M. The warning bells are just that; something to get you looking at a potential setup and think about it before you trigger something that might not be there.
Trade to Live - Don't Live to Trade
  • #36
  • Dec 30, 2009 8:17am Dec 30, 2009 8:17am
Hope this one helps , just change the settings as per page one , is a macd hist. _ alert ... all kinds of alerts, even e-mail
Attached File(s)
File Type: mq4 MACD_ColorHist_Alert.mq4   11 KB | 576 downloads
File Type: ex4 MACD_ColorHist_Alert.ex4   14 KB | 495 downloads
  • #37
  • Dec 30, 2009 8:20am Dec 30, 2009 8:20am
Quoting finally
I trade with FXCM.
Their MACD only allows: 13/21/2 NOT 13/21/1.

The last setting on the MACD only gores as low as 2 not 1.

Will this interfere with the system?

Thanks
This should be absolutely fine; I have compared both periods on the 5M TF to see any time difference and it is negligible. You should not miss out on trades because of this factor. Good luck trading this and let me know how it goes!

Kirk.
Trade to Live - Don't Live to Trade
  • #38
  • Dec 30, 2009 8:21am Dec 30, 2009 8:21am
Quoting buffalopip
Hope this one helps , just change the settings as per page one , is a macd hist. _ alert ... all kinds of alerts, even e-mail
Thanks mate, will check it out.
Trade to Live - Don't Live to Trade
  • #39
  • Dec 30, 2009 8:23am Dec 30, 2009 8:23am
It is 1:20am here and I am hitting the hay. Will answer any queries tomorrow morning. Just have a play with this on a demo and you will start to see how everything works in together, especially because it is on such small TF's.

Thanks everyone for your interest in this.
Trade to Live - Don't Live to Trade
  • #40
  • Dec 30, 2009 8:23am Dec 30, 2009 8:23am
There are times when the 5 min macd crosses but the 1 min macd's dont all agree with the trade, those are easy to avoid trades. You are not just taking the 5 min macd cross blindly, the system works well.

I have tested on a few pairs and I like it... thanks kirkleaforex

Brian

Quoting kirkleaforex
Thanks finally for your interest in this system. Basically it is when all MACD's have crossed, but you will notice they cross in order, red first, then orange, then green (on the 1M), and finally green on the 5M. The warning bells are just that; something to get you looking at a potential setup and think about it before you trigger something that might not be there.
0 traders viewing now