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Mrhb30Jr Trading Style

  • #1
  • First Post: May 16, 2010 1:09am May 16, 2010 1:09am
This is my new template and simple indicator,
please copy and paste to your current forex broker, find out the instruction copy inside the folder

this template could be using for all time frame and all currency in the market

System using two line MTF Higher line and Lower line from weekly and two line MTF Higher line and Lower line from monthly
,using two indicator MCAD and RSI 21 and using 3 MA 55EMA with set up 55EMA - set up Close, set up High and set up low

SELL entry MCAD Cross 0 line , RSI cross < 50 line, PA close and cross below 3 ema set up and location at the higher MTF weekly
Buy entry MCAD Cross 0 line , RSI cross > 50 line, PA close and cross Above 3 ema set up and location at the lower MTF weekly

Close all the trade when the PA break out the 55EMA at the Lower MTF or Higher MTF

I would be appreciated to senior member if they will give some input to correction my trading style

Cheer
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdchf 60mtf.gif Size: 78 KB
Click to Enlarge Name: gu240tf.gif Size: 55 KB
Attached File(s)
File Type: zip instruction.zip   12 KB | 698 downloads
File Type: zip Mrhb30JrTS.zip   81 KB | 773 downloads
  • #2
  • Edited May 17, 2010 10:33pm May 16, 2010 11:39pm | Edited May 17, 2010 10:33pm
Hi All sample of the trade
Today Entry SELL Order NU on Daily TF
SELL Order :
- PA Close Below 3MAs - of 55EMA
- PA location at the lower Line of Monthly MTF line Possible break the line and make new lower point.
- MCAD crossing to the zero line
- RSI 21 below 50 point

SELL Order Entry Point Range 0.7121 to 0.7075
Attached Image (click to enlarge)
Click to Enlarge Name: nu dailly.gif Size: 23 KB
  • #3
  • May 17, 2010 1:37pm May 17, 2010 1:37pm
Can you post your real time trading results? Thanks.
The more experience the closer to the reality
  • #4
  • May 17, 2010 9:21pm May 17, 2010 9:21pm
here the today my entry trade SELL AUD and NU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud15mtf4.gif Size: 63 KB
Click to Enlarge Name: nu 15mtf4.gif Size: 50 KB
  • #5
  • May 17, 2010 10:36pm May 17, 2010 10:36pm
Quoting Ivan
Can you post your real time trading results? Thanks.
Hi ivan,

This is My Real Micro Trading Account deposit USD 15.00
starting from last week and i have made 40 plus trade and win 35 trade

cheer
Attached Image (click to enlarge)
Click to Enlarge Name: Micro Account Result 2.JPG Size: 97 KB
  • #6
  • May 21, 2010 3:53am May 21, 2010 3:53am
Hi All,

GU 1MTF set up Buy and USCHF 1MTF set up SELL

junior member can't post over the quota.....


Cheer
  • #7
  • Aug 22, 2010 3:41am Aug 22, 2010 3:41am
Hi Mrhb30jr,

Interesting pseudo by the way... I had to check twice to write is right :-)

So, my scalping method is struggling in the calm ranging periods and as I trade the US afternoon session...

I am very interested in your way of trading and will try it in the coming weeks.

I ask myself if it could be used in both calm and breaking out markets ? Could you give me some advise about how you use it ? Do you use it on all TF ? Are you looking on different charts in the same time ? What are all the elements you check before pushing the trigger ?

I thank you in advance for your help,
The Schnitzel Man
  • #8
  • Aug 23, 2010 4:24pm Aug 23, 2010 4:24pm
Dear Mrhb30jr,

I tried it out today. I did it in a bit clumsy way (it's normal, it's the beginning...) but still took 17 pips and so increased my Balance of more then 1.5% in one evening. The beginner's chance probably, but I hope not. I still have to adapt one or two things but I think that there is some potential.

But, I saw that in you more recent post, you use another technic... Hmm... Any troubles with this one ? or did you just add a "Rainbow" ?

I am looking forward to read your comments.

Best regards,
The Schnitzel Man
  • #9
  • Sep 26, 2010 9:57am Sep 26, 2010 9:57am
it is a pretty beautiful template. and i really like the idea of entry the trade.
for exit the trade. i still to find a better way.
{Promotion Removed}
  • #10
  • Sep 29, 2010 8:55pm Sep 29, 2010 8:55pm
Dear All,

I'm still using this system
enclosure the chart that i'm using now

some changing has been made by me is only MA 55
remove this ema 55 replace with BB - Bolliger band and SMA 10 from your MT4
re setting your mcad to 5,35,5 and resetting RSI 21 to rsi 14 and add CCI 21 and CCI14 inside this window.

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: nu240mtf.gif Size: 44 KB
  • #11
  • Sep 30, 2010 9:59am Sep 30, 2010 9:59am
enter long usdjpy ....
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy1hrtf.gif Size: 26 KB
  • #12
  • Sep 30, 2010 10:03am Sep 30, 2010 10:03am
Quoting mrhb30jr
Dear All,

I'm still using this system
enclosure the chart that i'm using now

some changing has been made by me is only MA 55
remove this ema 55 replace with BB - Bolliger band and SMA 10 from your MT4
re setting your mcad to 5,35,5 and resetting RSI 21 to rsi 14 and add CCI 21 and CCI14 inside this window.

cheers
updated NU 4hr tf looks nice to going down.....
Attached Image (click to enlarge)
Click to Enlarge Name: nu4hr.gif Size: 35 KB
  • #13
  • Oct 2, 2010 11:37am Oct 2, 2010 11:37am
the nice euro 3 white soldier
Attached Image (click to enlarge)
Click to Enlarge Name: eurousd wk tf.gif Size: 34 KB
  • #14
  • Oct 5, 2010 3:58am Oct 5, 2010 3:58am
Dear Mrhb30Jr,

I still use you template and it gives me good signals. I just added a MTF Stochastic system not to get "destroyed" by strong movements.

What about your stops ? Do you use a fix number of pips ?

BR,
The Schnitzel Man...
  • #15
  • Oct 11, 2010 11:52am Oct 11, 2010 11:52am
Quoting SchnitzelMan
Dear Mrhb30Jr,

I still use you template and it gives me good signals. I just added a MTF Stochastic system not to get "destroyed" by strong movements.

What about your stops ? Do you use a fix number of pips ?

BR,
The Schnitzel Man...
not necessary if you monitoring the movement from the higher tf.... for the safety just put your pending order above the initial sl or min 100 pips for sell direction and below the initial sl or min 100 pips for buy direction

cheers
  • #16
  • Oct 14, 2010 2:39am Oct 14, 2010 2:39am
THX very much. I have pretty good results since about a month now. I worked a lot on my "timing to enter" and I am able to enter with a 20 pips SL that I put at "breakeven + a few pips" as soon as my trade is going for the second push in my direction. For the losing ones I evaluate the potential with my MTF Stochs to see if I jump out or give it a chance risking my 20 pips SL. This way I can trade with a 25 leverage (5% risk per trade). Impressive Demo results but... "demo results". I'll start live with 1.000 USD in a week or two. I will let you know about the results.

BR,
The Schnitzel Man
  • #17
  • Oct 15, 2010 9:59am Oct 15, 2010 9:59am
Quoting SchnitzelMan
THX very much. I have pretty good results since about a month now. I worked a lot on my "timing to enter" and I am able to enter with a 20 pips SL that I put at "breakeven + a few pips" as soon as my trade is going for the second push in my direction. For the losing ones I evaluate the potential with my MTF Stochs to see if I jump out or give it a chance risking my 20 pips SL. This way I can trade with a 25 leverage (5% risk per trade). Impressive Demo results but... "demo results". I'll start live with 1.000 USD in a week or two. I will let...
keep up schnitzelmen...
i'm waiting 4 u next progress of your trading result .....
appreciated if u can post ur demo trade that will help any one else ... if they want to learn of this trading concept... we are here to help each other to find out they trading style with using this concept and simple analyze....
end of the word good luck bro, i'm happy to hear good result from u .......

cheers
  • #18
  • Oct 16, 2010 1:33am Oct 16, 2010 1:33am
hi all,

GU 15Mtf open PO SELL + 28 pips.
USDJPY 15Mtf open PO SELL + 9 pips.( late entry )


cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu15mtf.gif Size: 57 KB
Click to Enlarge Name: usdjpy15mtf.gif Size: 48 KB
  • #19
  • Oct 18, 2010 2:21am Oct 18, 2010 2:21am
Today set up
1. Buy USDCHF
2. Buy USDjpy
3. Sell GU
4. Sell EU .......


cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 15mtf.gif Size: 29 KB
Click to Enlarge Name: gu 15mtf.gif Size: 27 KB
Click to Enlarge Name: usdchf.gif Size: 27 KB
Click to Enlarge Name: usdjpy 15mtf.gif Size: 29 KB
  • #20
  • Jul 3, 2016 12:48am Jul 3, 2016 12:48am
Quoting mrhb30jr
This is my new template and simple indicator, please copy and paste to your current forex broker, find out the instruction copy inside the folder this template could be using for all time frame and all currency in the market System using two line MTF Higher line and Lower line from weekly and two line MTF Higher line and Lower line from monthly ,using two indicator MCAD and RSI 21 and using 3 MA 55EMA with set up 55EMA - set up Close, set up High and set up low SELL entry MCAD Cross 0 line , RSI cross < 50 line, PA close and cross below 3 ema set...
This system still work?
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