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Profit All Day System

  • #121
  • Jan 26, 2011 8:09am Jan 26, 2011 8:09am
Quoting Cubbybgood
6 pip Profit hit!

Keep it positive.
  • #122
  • Jan 26, 2011 8:14am Jan 26, 2011 8:14am
Quoting roundrock
mine is just before yours. entry 3683, yours is 3676. how you got sl as 3693 ? recent swing high is 3702 which is the prev candle to that bif red candle
I took the second trade as shown in pic.
Attached Image (click to enlarge)
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  • #123
  • Jan 26, 2011 8:18am Jan 26, 2011 8:18am
We got a nice downward funnel going on here. some good little profits...
Attached Image (click to enlarge)
Click to Enlarge Name: pic1.gif Size: 109 KB
  • #124
  • Jan 26, 2011 9:46am Jan 26, 2011 9:46am
Quoting Cubbybgood
We got a nice downward funnel going on here. some good little profits...
cubby
do you add spread to the tp ? say sl was 50 then tp should be 25. butspread is 3 pips. so tp should be 28 pips ? right ?

in this case if we add spread will we win, as tp may not be hit, as it is over half the sl.
  • #125
  • Jan 26, 2011 9:49am Jan 26, 2011 9:49am
Quoting whatfx
cubby
do you add spread to the tp ? say sl was 50 then tp should be 25. butspread is 3 pips. so tp should be 28 pips ? right ?

in this case if we add spread will we win, as tp may not be hit, as it is over half the sl.
correct
  • #126
  • Jan 26, 2011 10:16am Jan 26, 2011 10:16am
i would love to try this on higher timeframes. could any of you kindly suggest how should i vary the moving averages to suit say...1h/4h.
thanks.
  • #127
  • Jan 26, 2011 10:36am Jan 26, 2011 10:36am
Quoting indranghimir
i would love to try this on higher timeframes. could any of you kindly suggest how should i vary the moving averages to suit say...1h/4h.
thanks.
Same moving averages on 1Hr then confirm that 3&5 EMA has crossed 13 EMA on 4 Hr.
  • #128
  • Jan 26, 2011 10:41am Jan 26, 2011 10:41am
thanks thunderwolf...have loved reading your posts and your insight into this system...still trying a million systems to make it work for me...perhaps one of those newb phases...
  • #129
  • Jan 26, 2011 10:48am Jan 26, 2011 10:48am
Quoting thunderwolf
Same moving averages on 1Hr then confirm that 3&5 EMA has crossed 13 EMA on 4 Hr.
Can you post a chart showing your setups, thanks a million.
TheCableGuy
  • #130
  • Jan 26, 2011 10:52am Jan 26, 2011 10:52am
Hey fellas, just noticed this trade. It's still good!

It's a 4 hour trade. I checked daily and it's a very strong uptrend. Chances are high this trade will go in our favor.

SL 133 pips

My TP is set at 65 pips.

Sense I had a late entry I'm looking for a profit of 90 pips.

Keep in mind tht the 4 hour trades can be in for days. usualy 1-4 days.
Attached Image (click to enlarge)
Click to Enlarge Name: pic1.gif Size: 28 KB
  • #131
  • Jan 26, 2011 11:57am Jan 26, 2011 11:57am
hi dudyz !

im so sorry but, but i can't understand what is the highest high for a buy entry?

in this screentshot by exemple, with zigzag indicator for be more clear !

you can explain me shortly ?
Attached Image (click to enlarge)
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  • #132
  • Jan 26, 2011 12:09pm Jan 26, 2011 12:09pm
Quoting Lorka85
hi dudyz !

im so sorry but, but i can't understand what is the highest high for a buy entry?

in this screentshot by exemple, with zigzag indicator for be more clear !

you can explain me shortly ?

Here is an example. ignore the green buy line....
Attached Image (click to enlarge)
Click to Enlarge Name: pic1.gif Size: 101 KB
  • #133
  • Jan 26, 2011 12:15pm Jan 26, 2011 12:15pm
thx. and for got a succes, the sl must be the double of the tp ? else that work bad ?
  • #134
  • Jan 26, 2011 12:49pm Jan 26, 2011 12:49pm
Quoting Lorka85
thx. and for got a succes, the sl must be the double of the tp ? else that work bad ?

yes
  • #135
  • Jan 26, 2011 12:57pm Jan 26, 2011 12:57pm
Hi FOlks!

I have been following along. I have a buddy who is a pretty good coder working with multiple times frames at once. I could approach him about writing an EA for this system. I just wanted to make sure there was intrerest and that one hasnt already been started.

SirWolf
Believe and Achieve!
  • #136
  • Jan 26, 2011 1:00pm Jan 26, 2011 1:00pm
Quoting sirwolf
Hi FOlks!

I have been following along. I have a buddy who is a pretty good coder working with multiple times frames at once. I could approach him about writing an EA for this system. I just wanted to make sure there was intrerest and that one hasnt already been started.

SirWolf
I'm not sure this system would work well with an EA because of the use of some price action and multible time frames. If you think it could work then go ahead. I dont know much about coding so I dont know whats possible but yeah, if you could get arround these problems then give it a shot.
  • #137
  • Jan 26, 2011 5:36pm Jan 26, 2011 5:36pm
Made 28 pips with my eyes close using this strategy today

Thanks!
  • #138
  • Jan 26, 2011 6:07pm Jan 26, 2011 6:07pm
Quoting hello
Made 28 pips with my eyes close using this strategy today

Thanks!
You're wlecome!
Great to here.
Hope you keep using it!
  • #139
  • Jan 26, 2011 6:37pm Jan 26, 2011 6:37pm
Quoting Maxwell11
For those of you who want to visualize the ma angle here it is but I must admit it's not the one I had in my first post which allowed me select which ma type I wanted to view,in the inputs section it had...

This may work for you. Instructions of use are in the mq4 file.
Attached Images
Attached File(s)
File Type: mq4 MA_Angle_v4.mq4   8 KB | 690 downloads
  • #140
  • Jan 27, 2011 12:20am Jan 27, 2011 12:20am
Entry chart

Attached Image (click to enlarge)
Click to Enlarge Name: profit all day system6a.gif Size: 23 KB


Confirmation chart

Attached Image (click to enlarge)
Click to Enlarge Name: profit all day system6b.gif Size: 27 KB
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