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GBPJPY Daily Trend Method

  • #341
  • Jun 10, 2010 9:55am Jun 10, 2010 9:55am
Quoting MichaelLee_8
3) ADX must be above 25. Any reading above 25 is acceptable. However, the ADX is more of a "Condition" than a trigger. If it is not above 25 at the close of the first bar there is no trade for that day.

.
sorry i have not read carefuly

so finish for today
  • #342
  • Jun 10, 2010 9:59am Jun 10, 2010 9:59am
Quoting bourseok
sorry i have not read carefuly

so finish for today
Yes that is correct. No problem. It always takes a while to get used to something new. I would not be opposed to you testing the ADX as a trigger LoL
  • #343
  • Jun 11, 2010 8:07am Jun 11, 2010 8:07am
If my math is correct, version #2 is up 175 pips in June.
  • #344
  • Jun 11, 2010 8:35am Jun 11, 2010 8:35am
what about a short at 10:00 ?
rsi<50 (38 at 9 h 35)
adx >25 (26,03 at 9:35)
custom trend ok
red ligne above the blue one..
  • #345
  • Jun 11, 2010 8:39am Jun 11, 2010 8:39am
Quoting bourseok
what about a short at 10:00 ?
rsi<50 (38 at 9 h 35)
adx >25 (26,03 at 9:35)
custom trend ok
red ligne above the blue one..
Yes, there should be a short trade here in about 20 minutes.
  • #346
  • Jun 11, 2010 8:56am Jun 11, 2010 8:56am
The ADX is has gone flat.......please watch it carefully. This will be a close one!
  • #347
  • Jun 11, 2010 8:59am Jun 11, 2010 8:59am
No trade for today.....ADX is moving south of 25
  • #348
  • Jun 11, 2010 9:00am Jun 11, 2010 9:00am
adx<25 short not ok ?

no trade for today ?
  • #349
  • Jun 11, 2010 9:02am Jun 11, 2010 9:02am
Quoting bourseok
adx<25 short not ok ?
That is correct. At the close of the last bar the ADX read 23.1583 so we have no trade for today.
  • #350
  • Jun 11, 2010 9:06am Jun 11, 2010 9:06am
thank you ..
the trade of yesterday will be ok for me (in demo mode)

now i will take all the trade in real mode (micro-lot with risk=1% of my account)
  • #351
  • Jun 11, 2010 9:13am Jun 11, 2010 9:13am
Sounds good.....have a great weekend!
  • #352
  • Jun 11, 2010 1:29pm Jun 11, 2010 1:29pm
Interesting method I just came across it and downloaded the templates. How did you come up with this perfect storm?
  • #353
  • Jun 11, 2010 1:39pm Jun 11, 2010 1:39pm
Quoting kellera6
Interesting method I just came across it and downloaded the templates. How did you come up with this perfect storm?
Market observations over the last 6 years, taking bits and pieces from other good systems, and a little help from above!
  • #354
  • Jun 14, 2010 9:18am Jun 14, 2010 9:18am
Sorry I'm late! Had a few personal matters to attend to. Was there a long signal?
  • #355
  • Jun 14, 2010 9:21am Jun 14, 2010 9:21am
Quoting MichaelLee_8
Sorry I'm late! Had a few personal matters to attend to. Was there a long signal?
Yes, long 135.35
  • #356
  • Jun 14, 2010 9:22am Jun 14, 2010 9:22am
Quoting Bay
Yes, long 133.35
Nice.....
  • #357
  • Jun 14, 2010 9:26am Jun 14, 2010 9:26am
Quoting MichaelLee_8
Nice.....
It was misprint, long 135.35
  • #358
  • Jun 14, 2010 9:28am Jun 14, 2010 9:28am
Quoting Bay
It was misprint, long 135.35
I figured that's what you meant.
  • #359
  • Jun 15, 2010 8:53am Jun 15, 2010 8:53am
No trade today.
  • #360
  • Jun 15, 2010 9:48am Jun 15, 2010 9:48am
just a quick question, why I can't seem get the red and teal colored line? I've copied the .tpl and .mq4 files into templates and indicators folder respectively. A little help please?
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