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5 minute trade

  • #81
  • Feb 10, 2010 7:15am Feb 10, 2010 7:15am
Short
10 Lot $26
  • #82
  • Feb 10, 2010 7:25am Feb 10, 2010 7:25am
Long
10 Lot $53
  • #83
  • Feb 10, 2010 7:30am Feb 10, 2010 7:30am
I tried to post it but sent it all wrong.
here it is as amounts won

+2.10
+10.10
+6.50
+12.30
+12
-14.70
+26
+339
+168
-6.10
-8.80
+6.80
+72
+296
this from yesterday .
whatch it for a move about to start in a couple of min on the 5 min chart.EMAS will soon cross,MACD will be a HS bottom and RSI is 43 now.DSS is going up

all I need to figure out how to set the SL and TP.I will test some things and let you know
cheers
  • #84
  • Feb 10, 2010 7:59am Feb 10, 2010 7:59am
Hi Fabreu,
Nice system very good result. which brokering r u using for demo. because i m getting problem with the indicator it not working properly. i m using forex.com metatrder.

Thanx.
khawaja.
  • #85
  • Feb 10, 2010 8:00am Feb 10, 2010 8:00am
Quoting redbeben
I tried to post it but sent it all wrong.
here it is as amounts won

+2.10
+10.10
+6.50
+12.30
+12
-14.70
+26
+339
+168
-6.10
-8.80
+6.80
+72
+296
this from yesterday .
whatch it for a move about to start in a couple of min on the 5 min chart.EMAS will soon cross,MACD will be a HS bottom and RSI is 43 now.DSS is going up

all I need to figure out how to set the SL and TP.I will test some things and let you know
cheers

nice my good friend very good keep it up im glad is working for you. Keep me posted i am also trying to figure the SL
  • #86
  • Feb 10, 2010 8:04am Feb 10, 2010 8:04am
Quoting khawaja
Hi Fabreu,Nice systemvery good result. which brokering r u using for demo. because i m getting problem with the indicator it not working properly. i m using forex.com metatrder.

Thanx.
khawaja.

stay away forex.com
MBtrading.com they are a true ecn
  • #87
  • Feb 10, 2010 8:05am Feb 10, 2010 8:05am
Quoting fabreu30
stay away forex.com
MBtrading.com they are a true ecn
Thanx for the advised! will do..
  • #88
  • Feb 10, 2010 8:28am Feb 10, 2010 8:28am
1 loss
Attached Image (click to enlarge)
Click to Enlarge Name: report3.jpg Size: 133 KB
  • #89
  • Feb 10, 2010 8:28am Feb 10, 2010 8:28am
Hi,
Could u pls send in template with the current update of indicator with it, as i don't use metatrader that which i m getting problem loading the indicator. with the template it will load all indicator automatically that will be great.

thanks for help!
Khawaja.
  • #90
  • Feb 10, 2010 8:30am Feb 10, 2010 8:30am
Quoting khawaja
Hi,
Could u pls send in template with the current update of indicator with it, as i don't use metatrader that which i m getting problem loading the indicator. with the template it will load all indicator automatically that will be great.

thanks for help!
Khawaja.

here is your update
Attached File(s)
File Type: tpl template_update.tpl   33 KB | 502 downloads
  • #91
  • Feb 10, 2010 8:41am Feb 10, 2010 8:41am
can anyone please summarize the new rules for trading using the new template and the indicators ... i seem to be a bit lost
  • #92
  • Feb 10, 2010 8:52am Feb 10, 2010 8:52am
Quoting fabreu30
here is your update
Thanx a lot only DSS was missing i added now it working perfectly

Thanx again!
khawaja
  • #93
  • Feb 10, 2010 9:01am Feb 10, 2010 9:01am
TP SL?
  • #94
  • Feb 10, 2010 9:51am Feb 10, 2010 9:51am
I would place the SL applying a general rule.just place it a few pips below the min low of the past 3 bars

the TP I think it is better to use the ATR for that time.(average true range) to see the amount of pips on the time frame.just set the TP using the ATR and as soon as the profit reaches 1/2 of that value moove the SL to brake even.now the worst that can happen is to have a 0 profit /loss situation

keep in mind that in order to be sucessful you would neet the risk reward ratio to be 1/3 so if you loose many trades but have just a few winning ones to make even profit out of it
  • #95
  • Feb 10, 2010 10:01am Feb 10, 2010 10:01am
Thanks to you fabreu30 for share your system. I have question. EMA's on template are set 6/10 but on crossover signal indicator are set 5/10. Can you say which is right to be plz? Thanks
  • #96
  • Feb 10, 2010 10:48am Feb 10, 2010 10:48am
Quoting driftwood
Thanks to you fabreu30 for share your system. I have question. EMA's on template are set 6/10 but on crossover signal indicator are set 5/10. Can you say which is right to be plz? Thanks

help to confirm the cross little bit
  • #97
  • Feb 10, 2010 10:58am Feb 10, 2010 10:58am
Quoting fabreu30
1 loss

Hey Fabreu30

Looks very nice

although I’m not sure if one would use that Big Lot in real acount lolz,

Question, would it not be better if we used H1 with a bit more relaxed stop loss and greater target?
  • #98
  • Feb 10, 2010 11:35am Feb 10, 2010 11:35am
Quoting fshahzad
Hey Fabreu30

Looks very nice

although I’m not sure if one would use that Big Lot in real acount lolz,

Question, would it not be better if we used H1 with a bit more relaxed stop loss and greater target?
true u can use the system any time frame you like i like to make my pips quick and finish the day of trading fast so i get to keep my wining lol but what i notice about my system is that if you feel comfortable with the 1H frame trade it. i been using the 1m if i want it to ride it i look at the 5m wait for the ema to cross with along the others indicator and if continues to go on my favor i ride it to the 15m chart it up to the trader always just trade what work for you but i will take you advice for the live trading alot of trade here been telling me the same thing and i know they have more experience then me.
  • #99
  • Feb 10, 2010 2:14pm Feb 10, 2010 2:14pm
Today is a good day
Attached Image (click to enlarge)
Click to Enlarge Name: report.jpg Size: 95 KB
  • #100
  • Feb 10, 2010 2:28pm Feb 10, 2010 2:28pm
Good work bro!

Learning to ride it on m1 now yeah?
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