Polapip The Meandering System (TMS) | Forex Factory

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Polapip The Meandering System (TMS)

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  • #1
  • First Post: Mar 20, 2010 4:31pm Mar 20, 2010 4:31pm
I have been a member of FF for more than 4 years. I have learnt a lot from all other members of the forum. I thank you all for your generosity and patience with members like me. Not that i post much, but i read a lot from you all.
This method of trading is nothing new as I am sure it might have been posted somewhere in the forum in the time past. What is new is that i have remodelled it to my own way of trading and it is working marvelously for me. If it could be beneficiary to other members of the forum, all the best.
I have called this "the meandering system" after the meandering of a river.


Indicators used are very simple

  1. 10 SMA apply to High. (White color)
  2. 8 SMA apply to Low. (Yellow color)
  3. Trendlines
  4. Auto Pivot
  5. Round Numbers
  6. Average True Range
  7. Trend Silver with Alert
  8. Candlesticks

To Buy

  1. SilverTrend signal will alert
  2. SMA 10 (White) above SMA 8 (Yellow)
  3. Candlestick closes above the white tunnel. (SMA10)
  4. I watch the daily pivot point and 50% fibo level

To Sell

  1. SilverTrend signal will alert
  2. SMA 10 (White) above SMA 8 (Yellow)
  3. Candlestick closes below/underneath the yellow tunnel. (SMA 8)
  4. I watch the daily pivot point and 50% fibo level

To take Profit

  1. I personally use the pivot points, or round numbers or the trendlines support and ressitance.

Money Management

  1. Do not trade with the money you cannot affort to loose
  2. 2% of your account maximum

Disclaimer
Please use your discretion to trade this system. Past performance does not guarantee it's effectiveness. I am not liable for any loss you may incure as Forex trading could be very unpredictable.
Polapip - Patience is a virtue

Attached Image (click to enlarge)
Click to Enlarge Name: mts 1.jpg Size: 191 KB
Attached File(s)
File Type: tpl t m s.tpl   12 KB | 772 downloads
File Type: ex4 ATRprojections.ex4   6 KB | 783 downloads
File Type: mq4 Auto Pivot.mq4   15 KB | 768 downloads
File Type: ex4 Auto TL 04.ex4   15 KB | 793 downloads
File Type: mq4 deMark_TrendLines_&_Alert.mq4   6 KB | 758 downloads
File Type: mq4 LineFractals_Alert.mq4   4 KB | 794 downloads
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #2
  • Mar 20, 2010 5:37pm Mar 20, 2010 5:37pm
Thx for sharing system! How long did u trade with this method? How many pips a day is your target?

Best regards, Noisee.
  • #3
  • Mar 20, 2010 6:13pm Mar 20, 2010 6:13pm
This system is very simple and easy to understand. I like it :-)
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #4
  • Mar 20, 2010 6:46pm Mar 20, 2010 6:46pm
There is no spoon!
  • #5
  • Mar 20, 2010 8:50pm Mar 20, 2010 8:50pm
Why do you put 10 on the high and 8 on the low, do you believe the price moves down differently from up?

Rob
  • #6
  • Mar 20, 2010 9:56pm Mar 20, 2010 9:56pm
Quoting polapip
I have been a member of FF for more than 4 years. I have learnt a lot from all other members of the forum. I thank you all for your generosity and patience with members like me. Not that i post much, but i read a lot from you all.
This method of trading is nothing new as I am sure it might have been posted somewhere in the forum in the time past. What is new is that i have remodelled it to my own way of trading and it is working marvelously for me. If it could be beneficiary to other members of the forum, all the best.
I have called this "the meandering...

Please can you include the Silver Trend indicator? Thanks
  • #7
  • Mar 20, 2010 10:29pm Mar 20, 2010 10:29pm
here ya go......
Attached File(s)
File Type: mq4 SilverTrend_Signal.mq4   3 KB | 764 downloads
  • #8
  • Edited 11:54am Mar 21, 2010 7:38am | Edited 11:54am
This thread is less than 24 hours old and already people are voting on how good or bad it seems? Isn't that jumping the gun a little without so much as testing it one day (or a week) with at least a demo account? Polapip isn't a newbee and it appears he has given this a lot of thought. While the strategy may work fine I can see how it may not suit some traders, but judging it's value right off the bat doesn't seem like a 'fair' evaluation to me!
  • #9
  • Mar 21, 2010 12:58pm Mar 21, 2010 12:58pm
Quoting Noisee
Thx for sharing system! How long did u trade with this method? How many pips a day is your target?

Best regards, Noisee.
Hello Noisee, Thank you for the time taken to read this. I left my day job six months ago to trade full time and this is the system that I trade with
Polapip
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #10
  • Mar 21, 2010 1:01pm Mar 21, 2010 1:01pm
Quoting Gambler180
This system is very simple and easy to understand. I like it :-)
Thank you Gambler 180, demo trade this for a month and I am sure you will enjoy it. It is a KISS system and lets you avoid the consolidation periods that are so common in forex. The trend is always your friend and it will easily show you the trend.
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #11
  • Mar 21, 2010 1:02pm Mar 21, 2010 1:02pm
Quoting cjd
here ya go......
atahank you cjd for the indicator
Polapip
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #12
  • Mar 21, 2010 1:06pm Mar 21, 2010 1:06pm
Hi polapip,

What timeframe do you use?
Sooner or later, those who win are those who think they can.
  • #13
  • Mar 21, 2010 1:08pm Mar 21, 2010 1:08pm
Quoting Flamenco143
This thread is less than 24 hours old and already people are voting on how good or bad it seems? Isn't that jumping the gun a little without so much as testing it one day (or a week) with at least a demo account? Polapip isn't a newbee and it appears he has given this a lot of thought. While the strategy may work fine I can see how it may not suit some traders, but judging it's value right off the bat doesn't seem like a 'fair' evaluation to me!
Thank you Flamenco143 for your input. I posted this thread on Saturday and was surprised to see the voting. Some people could get impatient and judge a thread by just it's outlook. If i were them, I would put up the template on my trading platform, use my demo account to trade it for a month and come back to judge it. You are totally right that it may not be effective for everybody, no system does.
Polapip
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #14
  • Mar 21, 2010 1:13pm Mar 21, 2010 1:13pm
Quoting pug123
Hi polapip,

What timeframe do you use?
Hi pug123, I personally trade the 60 minutes time frame to avoid some of the noises. It works on all timeframes but as a day trader, i only recommend 30 minutes or 1 hour TF. Thank you for your question as i forgot to include this.
Polapip
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #15
  • Mar 21, 2010 1:19pm Mar 21, 2010 1:19pm
Quoting Rob Mondave
Why do you put 10 on the high and 8 on the low, do you believe the price moves down differently from up?

Rob
Thank you for your question Rob, those who make things happen in the world think differently from others. Ask any professional trader, they would tell you that I have revealed one of their secrets. We need to think out of the box to make money in forex.
Polapip.
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #16
  • Mar 21, 2010 1:58pm Mar 21, 2010 1:58pm
Quoting polapip
Thank you for your question Rob, those who make things happen in the world think differently from others. Ask any professional trader, they would tell you that I have revealed one of their secrets. We need to think out of the box to make money in forex.
Polapip.
Sorry, I'm not understanding why using a 10 on high and 8 on low is thinking outside of the box, can you elaborate? If it's because you're anticipating that the price moves down differently from up, I understand the reason clearly, but that was my question.

Rob
  • #17
  • Mar 21, 2010 10:57pm Mar 21, 2010 10:57pm
Hi Polarpip

Thanks for your system.

Is it for the EURUSD H1 only?

Thanks

Spy
  • #18
  • Mar 22, 2010 12:06am Mar 22, 2010 12:06am
hi. does silvertrend signals repaint?
  • #19
  • Mar 22, 2010 2:35am Mar 22, 2010 2:35am
its ok. i found the answer. it does repaint
  • #20
  • Mar 22, 2010 2:55am Mar 22, 2010 2:55am
Please find attached a non repainted Silvertrend signal with alert.

This system is for all pairs but I advise that traders need to specialize on one or two pairs only.
My own preference are: Eur/Usd, and Gbp/Usd.
Attached File(s)
File Type: ex4 SilverTrend_Signal With Alert .ex4   4 KB | 680 downloads
To succeed in Forex, you need to work hard, persevere, and never give up.
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