DislikedGreat explanation. Now I dont have to do it. Thank you and appreciate it very much.Ignored
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DislikedGreat explanation. Now I dont have to do it. Thank you and appreciate it very much.Ignored
DislikedThat's what I get from the post you linked me to as well. I'm eager to see what nanningbob says.
EDIT:
Mephisto, You make want to take a look at the attached file in here: http://www.forexfactory.com/showpost.php?p=4316992
I'm thinking that the 2 MAs act as trend identifiers but entry is based on the MACD Stoch indicator. Again, I could be wrong about this, lets wait for nanningbob.Ignored
DislikedBob, you're more than welcome. If I can help out in any small (and/or limited) way to further anyone's understanding, then I'm all in. All the appreciation should be solely on my end. Best ... mephIgnored
DislikedHi Bob
Please accept my apologies for not contributing to your new thread. For my sins I got involved in an agroforestry project some years ago and I had been in a part of the world that is in stone age as far as internet connections are concerned. So for all intents and purposes I was in a forced sabbatical as far as forex and FF was concerned.
I congratulate you on another fantastic system, can not wait to start on it this weekend (although I have a lot of catching up to do). The size of this thread in such a short time is a testimony to its...Ignored
DislikedHi, at thirst thanks a lot Bob for your great job.
And now one question guys, is it valid SELL trade (when price above MA240) or TMA and PRICE always should be below MA240 for SELL? Thanks a lot.Ignored
DislikedEven though it looks like the thread may have moved on to the H4 variation, I will still post results from my H1 tests....Ignored
DislikedEven though it looks like the thread may have moved on to the H4 variation, I will still post results from my H1 tests....Ignored
DislikedNo problem, George. I didn't take actual screen captures after entry, but its very easy to see how the trade was triggered, using the eur/usd as the better example. Also, Shanexx, above, has provided a summary of the entry process. I will notate the charts to hopefully aid in your understanding, If you follow the arrowheads, left to right, the text will be in better sequence for you.
I have also included the 4H chart, which should be self-explanatory, if you have also studied this later material.
HTH, if not clear, just ask. Cheers ... mephIgnored
Thank you - that's it for now!
Maestro
DislikedLets take that example: 8 is above 60, price is above both lines, so WHEN to put on buy EA, is it to late already?
2. And HOW the EA enters the trade? ( on 1h TF enters when price crosses 5x5 line, how eneters on 4h TF?)
Thank you guys.Ignored
DislikedWould have also been a short 10 bars ago, as well as 4 bars ago correct?
Tryin to make sure I understand this new method.
The one thing I havent seen is where the stoploss goes once u enter.Ignored