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Attachments: MACD 5 Min System
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MACD 5 Min System

  • #61
  • Jun 12, 2008 9:14pm Jun 12, 2008 9:14pm
Quoting mohan
hi oksana,

even i blindly followed the inputs it's still losing(SL 3 pips). so what whould i do??? what is slippage????
My friend,
tell me what inputs You are using. You said it's losing 3 pips, but Your'e not saying if You set the sl to 3 or not!
Request custom Expert Advisor or Indicator: dostapyuk "at" gmail . com
  • #62
  • Jun 14, 2008 1:28pm Jun 14, 2008 1:28pm
Quoting mohan
For the blue line in the macd...
(1)Attach MACD to chart(12,26,9)
(2)Press Ctlr+N. Press (+) for indicators.
(3)Drag "Moving Average" to MACD indicator window, and drop
(4)Set Period to 1, MA Method to Simple, and Apply to, to "Previous Indicator's Data"

And there You go!!!

Hope I helped, and...
Cheers!
Thank you very much
  • #63
  • Jun 17, 2008 6:27pm Jun 17, 2008 6:27pm
I really like this TS... I'm trying right now the EA I'll let it 0-24 for these days.

let's see how it ends working
  • #64
  • Jun 18, 2008 8:44pm Jun 18, 2008 8:44pm
Quoting Pervaz
Ive been quiety working away on a 5 min system which shows some very good promise.

Firstly the indicators:
- MACD (values 38,120,20)
- MA - exp based on low value 60.

Currencies: I am currently using USD/CHF, EURUSD, and monitor about 3 others

SL:
- 5 pips behind the execution candle

Exit:
- 10 pip min and move to breakeven and let a portion of the lot run.

Timeframe : 5 mins during 07:00-18:00 GMT

BUY Execution: MACD crossover and the price is above the MA then buy next candle

In the pic below the yellow portion of the screen is the current trading timeframe (between 7am - 18:00).

Blue arrow: The MACD cross over occurs at 10am

Green Line: Execute

Exit 15pips

Green Line 2: We can re-enter at 11:30 for a potential 40 pips

Also on Friday we recieved a 2nd signal SELL

Red Arrow: 13:45

Entry (Green line 3): However the price does not go below the 60 EMA until 15:00 for a potential 90+ pips


I will try to answer any questions

Thanks
hi pervaz,

stumbled accross ur thread yesterday and in a nutshell, i like it well, i mean its not a new thing to use a macd crossover as signal... but somehow through the last month ive never seen such a slow macd
and i must admit somehow just by taking a quick look at a chart i have a good feeling with it. i know, thats not what counts in the end...

so i will take some time to take a closer look at it... have set up a profile for it and i will give u some feedback within the next few days...

thanks for sharing ur ideas...
My charts look like the Matrix
  • #65
  • Jun 18, 2008 8:47pm Jun 18, 2008 8:47pm
Quoting Jarmany
try a gaine please to copy macd2lines in indicator file and copy the corre.tpl to tamplet file and restart the metatrade I hope that will work
the pic show what I have in my metatrade
hi jarmany,

thanks for attaching 2line macd... very useful
My charts look like the Matrix
  • #66
  • Jun 18, 2008 10:53pm Jun 18, 2008 10:53pm
Enclosed please find MACD_OsMA indicator which will visually make it easier to determine when the two MACD lines have crossed: Red/Maroon = Look for Short trades and Lime/DarkGreen = Look for Long trades.

TimeFreedom
Attached Image
Attached File(s)
File Type: mq4 MACD_OsMA_4ColorLH.mq4   5 KB | 3,154 downloads
  • #67
  • Edited 8:08am Jun 19, 2008 6:18am | Edited 8:08am
I'm trying Pervaz EA with tp+10 sl -15, no trailing. From 8.00 to 20.00

Yesterday 5 signals, 4 profit, 1 loss
total=+25

Today, still nothing. No signals from 8.00 gmt. Waiting till 20gmt

edit: I have a problem with this TS, anyway

Today at 15:00 the TS placed a long Order on the EURUSD, but MACD didn't cross.

MACD was already "Long" since 14:25, but when it crossed; price was still below Ema, so the order didn't trigger.

at 15:00 the price went above the ema and the order triggered but without any cross in the MACD window.

Is this correct following this trading sistem or the EA has to be re-writed?
  • #68
  • Jun 19, 2008 8:31am Jun 19, 2008 8:31am
Quoting Corre
I'm trying Pervaz EA with tp+10 sl -15, no trailing. From 8.00 to 20.00

Yesterday 5 signals, 4 profit, 1 loss
total=+25

Today, still nothing. No signals from 8.00 gmt. Waiting till 20gmt

edit: I have a problem with this TS, anyway

Today at 15:00 the TS placed a long Order on the EURUSD, but MACD didn't cross.

MACD was already "Long" since 14:25, but when it crossed; price was still below Ema, so the order didn't trigger.

at 15:00 the price went above the ema and the order triggered but without any cross in the MACD window.

Is this correct following this trading sistem or the EA has to be re-writed?
Anyway the order gave my +10, but now price's dropping... I'm not sure the EA should place these kind of orders.

Voilā,15:30. -20 from the entry's price. and if TP wasn't so close we would have lost money.

EA must be checked, please.
  • #69
  • Jun 19, 2008 9:21pm Jun 19, 2008 9:21pm
Thanks TF for the indicator.
  • #70
  • Jun 20, 2008 5:42pm Jun 20, 2008 5:42pm
Quoting TimeFreedom
Enclosed please find MACD_OsMA indicator which will visually make it easier to determine when the two MACD lines have crossed: Red/Maroon = Look for Short trades and Lime/DarkGreen = Look for Long trades.

TimeFreedom
woooh... thanks for the indicator... maybe i really should start using other peoples stuff instead of coding my own u saved me some work, thanks. i should invite u for ice cream
My charts look like the Matrix
  • #71
  • Feb 3, 2009 3:35pm Feb 3, 2009 3:35pm
If you want to filter out some fake signals, try an EMA50 on a 15 and/or 30min time frame. Only trade with this trend direction and you will increase your strike rate significantly.

Happy trading...
  • #72
  • May 5, 2010 2:27am May 5, 2010 2:27am
how to get crosse over of macd . i mean how to attach.
  • #73
  • May 11, 2010 10:41pm May 11, 2010 10:41pm
Hi Pervaz, Coding a "dead zone" into the bot will keep you out of the range better and limit your bad trades even more. Marty
  • #74
  • May 14, 2010 9:09am May 14, 2010 9:09am
thanks very much to the founder of this method, i am getting 40 to 50 pip everyday in you method.i am doing this on gbp/usd as well.
amazing
  • #75
  • Edited 12:05pm May 14, 2010 11:55am | Edited 12:05pm
Oksana17, i just like the backtest of it

Attached Image (click to enlarge)
Click to Enlarge Name: oksana.gif Size: 6 KB


it's for EURUSD jan - may of 2010 (IBFX demo), since end of march i got just the 134 error in log (ERR_NOT_ENOUGH_MONEY)
  • #76
  • May 14, 2010 12:44pm May 14, 2010 12:44pm
Quoting sashasan
Oksana17, i just like the backtest of it

Attachment

it's for EURUSD jan - may of 2010 (IBFX demo), since end of march i got just the 134 error in log (ERR_NOT_ENOUGH_MONEY)
It doesn't look good...
I'm trading this method on demo today, it looks interesting. Next week I'm on vacation so I will try to backtest some trades. I'll get back with some results as soon as I can.
Attached is a "tpl" ready for use on GMT+2 brokers, and of course on others if you tweak it.
London and USA sessions highlighted.

Thanks for sharing!
Attached Image (click to enlarge)
Click to Enlarge Name: eur234.gif Size: 24 KB
Attached File(s)
File Type: tpl macd template.tpl   46 KB | 645 downloads
  • #77
  • May 29, 2010 6:23am May 29, 2010 6:23am
Hi Pervaz and thanks for your sharing...
Iīm starting it this week with real money, on any time frame above 5 minutes, and 5 minutes included.
Iīm changing one thing though!!
Only one lot entry , trail for the long haul...
Why?
I know itīs always atractive to downscale, take a small profit soon, then let the other half run...Itīs psycologically "helpfull"...but this damages your bottom line.
Why?: if you get stopped in the beginning with both, you get hit full in the face...thatīs your worst looser...
If you make your profit on the first lot, then let run the second and hit a big one, you only benefit on the thick price on 50 % .
So basically it goes against the golden rule of trading...#
Keep your profits big, your loosers small...
My humble advice: stick to your system as planned, but just make a note on the side of every winner, as to what would have happened if I would have gone for the big winner with both lots...After 30 trades or so, count both runs and compare results...
Just look at that trade you mentioned that made 170 pips on the second lot, plus 15 or something on the first lot.
You would have cashed 340 pips instead of 185 !!!!!!!!
That gives you a big polster for future drawdowns!!!
The problem: itīs difficult to handle in the mind!!!
For some people itīs then probably better to downscale anyway...
Good trading to you...and thanks again...might show my results if anybodyīs interested..after a couple of weeks (without downscaling..)
  • #78
  • Jan 21, 2011 9:32pm Jan 21, 2011 9:32pm
my backtest with this EA was horrible

inicial deposit : 500 usd
result : 255 usd



something is wrong



my set is:

sl : 5 pip
takeprofit : 15
trailing : 10




someone with the same problem?
  • #79
  • Jan 22, 2011 5:20pm Jan 22, 2011 5:20pm
Every time an interesting and mechanical system makes an appearance in this forum, this always happens. Someone instantly codes an EA and all discussion becomes useless and pointless. It turns from the theory behind the system, and its results, and goes into ridiculous tweaks and settings for the bloody EA.
  • #80
  • Dec 10, 2011 10:58am Dec 10, 2011 10:58am
Pervaz and all,
Have you abandon this thread?
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