Trend Follower 5 Minute System

I already did but the chart window goes blank

wondering if this could be rewritten by some experts for MT5.

I tried at TF15m and it's successful. Thanks Wicker.

Hi, this is another Wicker's phenomena at TF15M for EU.

Hi all, see what we gonna do with this condition? Only USDJPY can be trade using Wicker way tonight. Others maybe using Support & Resistance strategy. Remember MM, not ZZZZZZ..... hahaha...

I don't trade UJ, just happy to see the wicker's phenomena frequently happened.

hahaha... i forgot to look at TF5m. Miss the boat. No problem man!!! Wicker's phenomena happened almost everyday. If not for GU, it maybe at other pairs. Just open the chart and study the trend. Look at 1H chart then go to smaller TF for entry. Wrong analysis on trend will result the wrong trade. If wrong trade then apply MM. Strategy complete. Holy grail?

Buddy be careful it is easy to get in wrong direction. It is not so easy to be profitable like you think. It is easy to be general after the battle. Tell me why you should enter long on E/U today when E/U is declining for 3 days? And last question, what is MM???
Thanks!

what a find-------a great simple system------enjoying it
use 1hr for trend 5 min to execute ----average for last 2 weeks 75 pips a day on eur/usd
thanks wicker

does it need automation though ------ im not sure

Hi Pilatus, I agree with your statement. It's not easy to gain profit all time. I'm new with forex and just learn the wicker way. To answer your question, I attached eur/jpy chart as of today. Please comment. Correct me if I'm wrong. I'm still learning.

MM = Money Management. Remember to stop when wrong. It compulsory. Anyway, it's depend on individual financial capacity in forex account.

Ok, I would like to demo the Wicker strategy for longer TF as he said that his strategy can be applied at any TF.

Ok, I use 4H as trend setter and 1H for entry. Comment is welcome. London open is near.

I presume once the price touched Support 1 (fibo line), TheWicker rule is success. Good strategy. I believe this strategy is easy to understand. Less guessing.

Now do you all believe it??? Let's celebrate.... hehehe too early..

Cheers all, I'm going out to take some fresh air..

Buddy allow me to give you little help with crosses like eur/jpy and gbp/jpy. Let's use gbp/jpy as example. Gby/jpy will go in one direction( short for example) only if gbp/usd and usd/jpy are heading in same direction(short in this example) otherwise if gbp/usd is going short and usd/jpy is going long, gbp/jpy will be stacked in range. Same is with eur/jpy but here you should look for eur/usd and usd/jpy. There could be small movement of gbp/jpy short if gbp/usd is going short rapidly but that is very risky trade. So maybe you should look first what are signlas for gbp/usd and usd/jpy and then if they are heading in same direction trading gbp/jpy is best solution because it will most of time make higher move than others. This logic is same like we have 3 teams in soccer for example. We have A, B and C team. IF A team beat the B team and B team beat the C team logic is that A team will easy beat the C team.
Hope I helped.

I think good for today. Don't forget SL. Manual or auto depend our individual taste.

Pilatus, I agree with your idea or correlation between those pairs. It's true.

Finally EJ hit my stop loss. My target at Support 3 did not materialise. I conclude that my entry is not really safe as EMAs not showing same direction. The EMAs still in compressed.

Looks like you did not read my post. There is explanation about trading crosses.

At the time I pulled the trigger,

EU (Downtrend) X UJ (downtrend) = EJ (downtrend)

I checked back when price hit my SL. What actually happened was

EU (flat at 1H but Slope direction was downtrend) x UJ (Slight uptrend by looking at Slope direction) = result was EJ down a little and make a pullback until my SL.

Next experiment : To confirm both cross in same direction before execute trade.

Pilatus, how could you explain about this cross phenomena? Refer chart attached. I appreciate your teaching in advance.

Does anyone notice this cross? Beautiful and powerful...

http://img842.imageshack.us/img842/3...026bullish.gif