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Attachments: Urban Towers Scalping Strategy
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Urban Towers Scalping Strategy

  • #341
  • Jan 10, 2011 1:23pm Jan 10, 2011 1:23pm
Jan 10: +32

TOTAL 2011: +66+32=+98
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-10_1915.png Size: 42 KB
"Hoe ur pips mate?" fxcarllos
  • #342
  • Jan 10, 2011 2:25pm Jan 10, 2011 2:25pm
Quoting Carllos
Jan 10: +32

TOTAL 2011: +66+32=+98

would you take one live in the Asia session Carllos? Or wait for Euro/USA setups?
  • #343
  • Jan 10, 2011 4:44pm Jan 10, 2011 4:44pm
Quoting stricky1967
would you take one live in the Asia session Carllos? Or wait for Euro/USA setups?
No problem with asia
"Hoe ur pips mate?" fxcarllos
  • #344
  • Jan 13, 2011 6:17am Jan 13, 2011 6:17am
13 jan: -6
total 2011: +92
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-13_1116.png Size: 41 KB
"Hoe ur pips mate?" fxcarllos
  • #345
  • Jan 13, 2011 6:24am Jan 13, 2011 6:24am
Quoting Carllos
13 jan: -6
total 2011: +92
looking at the chart, it didnt look like a V shaped fall. there are too many bars hugging the rainbow. for better results only one bbar should hug the rainbow and preferably the signalling candle should close above/below the rainbow
  • #346
  • Jan 13, 2011 6:58am Jan 13, 2011 6:58am
Quoting roundrock
looking at the chart, it didnt look like a V shaped fall. there are too many bars hugging the rainbow. for better results only one bbar should hug the rainbow and preferably the signalling candle should close above/below the rainbow
you are right! I do prefer V shape trade, but i would take this trade so i conted it as valid according to the 3 rules
"Hoe ur pips mate?" fxcarllos
  • #347
  • Jan 13, 2011 11:11am Jan 13, 2011 11:11am
+18 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 13012010audusd.jpg Size: 120 KB
  • #348
  • Edited 8:26am Feb 13, 2011 8:23am | Edited 8:26am
Hi guys, I've some free time on this nice sunny day at home close to the beach of "Canet" in the Mediterranean sea (20º Celsius)... just to share with you some charts.

Usually Friday it isn't a good day for trading but... An image is worth than thousand words... see below.

EUR/JPY +27, -6
EUR/USD +15, +22, -9, -5
GBP/USD +21, -14, +30
USD/CHF +15, -13, +50

Some good opportunities that I didn't take cos "work time for me", just to share hypothetical trades analyzing these charts. Just to said thanks to Narvin for this easy and profitable system.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY.jpg Size: 92 KB
Click to Enlarge Name: EURUSD.jpg Size: 99 KB
Click to Enlarge Name: GBPUSD.jpg Size: 93 KB
Click to Enlarge Name: USDCHF.jpg Size: 92 KB
  • #349
  • Feb 13, 2011 8:54am Feb 13, 2011 8:54am
Try this out.. Signal work's on rules set out on first post
Attached File(s)
File Type: mq4 Urban_Towers.mq4   7 KB | 1,213 downloads
  • #350
  • Feb 13, 2011 9:11am Feb 13, 2011 9:11am
Thanks a lot rebelheart... hope this indi/signal can help me to trade this system.

¡Gracias!
  • #351
  • Feb 14, 2011 7:45am Feb 14, 2011 7:45am
Quoting rebelheart
Try this out.. Signal work's on rules set out on first post
Many thanks for sharing your indicator. Having watched it during London so far, EU has signalled and GU signalled during the current candle but has now disappeared, why is this when the entry criteria have been met?
  • #352
  • Feb 16, 2011 10:04am Feb 16, 2011 10:04am
Quoting rebelheart
Try this out.. Signal work's on rules set out on first post
Very nice. Are you good with programming? If so, I'd like to get you on another project if you are willing and have the time.

Again, great work !

Regards,
Navin Prithyani.
  • #353
  • Feb 16, 2011 10:05am Feb 16, 2011 10:05am
Quoting Peretola
Hi guys, I've some free time on this nice sunny day at home close to the beach of "Canet" in the Mediterranean sea (20º Celsius)... just to share with you some charts.

Usually Friday it isn't a good day for trading but... An image is worth than thousand words... see below.

EUR/JPY +27, -6
EUR/USD +15, +22, -9, -5
GBP/USD +21, -14, +30
USD/CHF +15, -13, +50

Some good opportunities that I didn't take cos "work time for me", just to share hypothetical trades analyzing these charts. Just to said thanks to Narvin for this easy...
You're welcome. I hope this strategy turns out to be beneficial to you as it has for several hundred others. Keep us posted with your results.

Regards,
Navin Prithyani
  • #354
  • Edited 1:31pm Feb 18, 2011 12:29pm | Edited 1:31pm
Thanks Navin for this strategy! i saw it in your website the first time, now i saw it here and i coded it inside an EA. This EA still need refinement in my code and in the entry rules beacuse it makes the backtest loose all the money, so here i have some questions:

1) Exact time hours the EA should work by default (GMT)?
2) Exact days the EA should work by default?
3) Are you looking for a nice trend before trading? how do you know you are in a trend? can you tell me if you use only the rainbow or other thing? can you please tell me the minimum separation beetween the first and the last EMA in order to have a valid trend?
4) Do you open more trades if you fail at the first or you stop trading that day? Do you have a maximun of trades per day?
5) Before going to the EMAs, how many pips price must separate from it? (EUR/USD 15M)
6) If the trend just started is valid or i must wait for x? bars before i start searching the entry point?

As soon as you answer these questions i will refine my EA and post it here, so that we all can test it.

Thanks a lot!
  • #355
  • Feb 18, 2011 1:34pm Feb 18, 2011 1:34pm
I forgot something:

Which is the best pair where you have the best trades?, i want to test the EA in the best enviroment.

Thanks again!
  • #356
  • Feb 18, 2011 11:35pm Feb 18, 2011 11:35pm
Trade example, even with 20 pip late entry, got 40 pips, I may just watch all the charts for just this signal next week, when conditions are right, it is a WINNER
Attached Image (click to enlarge)
Click to Enlarge Name: chf_sell_15.gif Size: 40 KB
Canadian by birth Australian by choice
  • #357
  • Feb 19, 2011 2:31am Feb 19, 2011 2:31am
Quoting Syahmi
Hi folks...

It's great to use rainbow mma indy, but you can also plot a 20-period smoothed moving average on your chart.


Cheers !
Just to point out that in the original indi from the first page urbanforex used a EMA 37 - EMA 50

http://www.forexfactory.com/showpost...95&postcount=3


ExtMapBuffer1[i]=iMA(NULL,0,37,0,MODE_EMA,PRICE_CLOSE,i);
ExtMapBuffer2[i]=iMA(NULL,0,39,0,MODE_EMA,PRICE_CLOSE,i);
ExtMapBuffer3[i]=iMA(NULL,0,41,0,MODE_EMA,PRICE_CLOSE,i);
ExtMapBuffer4[i]=iMA(NULL,0,44,0,MODE_EMA,PRICE_CLOSE,i);
ExtMapBuffer5[i]=iMA(NULL,0,47,0,MODE_EMA,PRICE_CLOSE,i);
ExtMapBuffer6[i]=iMA(NULL,0,50,0,MODE_EMA,PRICE_CLOSE,i);


Quoting rebelheart
Try this out.. Signal work's on rules set out on first post
Also 'rebelheart' Urban_Towers.mq4 has as default something different.

Starting with a EMA 9: Start_Period_Ma = 9;
__Thanks__ MJ
  • #358
  • Feb 19, 2011 6:09am Feb 19, 2011 6:09am
Quoting rebelheart
Try this out.. Signal work's on rules set out on first post
Hey, rebelheart!
Could you pls tell the setups for the MAs so i set them manualy? I dont use MT4.
would be very thankfull.
  • #359
  • Feb 21, 2011 9:33pm Feb 21, 2011 9:33pm
The Aussie is just stepping it's way down today, got a few pips but certainly not all available
Attached Image (click to enlarge)
Click to Enlarge Name: aus_step_01.gif Size: 32 KB
Canadian by birth Australian by choice
  • #360
  • Mar 1, 2011 7:21am Mar 1, 2011 7:21am
pretty decent trade. I held out for a +10 pips. Could have been worth a bit more probably, but I am aiming only for 10 pips a day.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 30 KB
Faith with Action
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