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Ronnierott's 1 Hour Strategy

  • #21
  • Feb 23, 2011 6:08pm Feb 23, 2011 6:08pm
This sure looks like the commercial system called the "Black Dog" system, right down to the creators colour scheme for the template (except the colour of the 50's channel).
  • #22
  • Feb 23, 2011 6:14pm Feb 23, 2011 6:14pm
Commercial or not if it works we should be happy

Ronnie what kind of percentage wins you been having with this system? Also

How many trade say per week do you average?

Thanks
Patience and peserverance determine the outcome in any aspect of life.
  • #23
  • Feb 23, 2011 6:15pm Feb 23, 2011 6:15pm
Quoting Jostein
This sure looks like the commercial system called the "Black Dog" system, right down to the creators colour scheme for the template (except the colour of the 50's channel).

Black Dog, Red Cat, Green Tiger, Orange Baboon.........

Call it what you want.

A friend passed on the MACD to me last year and the rest of the indicators are standard Metatrader4.

Bottom line is..... The strategy works.
  • #24
  • Feb 23, 2011 6:29pm Feb 23, 2011 6:29pm
Quoting forexgold
Commercial or not if it works we should be happy

Ronnie what kind of percentage wins you been having with this system? Also

How many trade say per week do you average?

Thanks

Probably about 5 - 6 setups per week approx.

As for % wins - In the last 3 months it's approx 35 wins, 12 losses and about 12 B/E.

I must add, that out of the winners about 75% of them would've gone on to make 150 pips............ Me personally, I'm happy to take 100.
  • #25
  • Feb 23, 2011 6:31pm Feb 23, 2011 6:31pm
Sounds good...

Do you avoid trading round news??
Patience and peserverance determine the outcome in any aspect of life.
  • #26
  • Feb 23, 2011 6:34pm Feb 23, 2011 6:34pm
Quoting forexgold
Sounds good...

Do you avoid trading round news??

I don't trade NFP day, that's about it.
  • #27
  • Feb 23, 2011 6:43pm Feb 23, 2011 6:43pm
Quoting ronnierott
Here's another one.

USD/CHF

1100 GMT

Low 0.9363

Enter 0.9353

Currently +20 pips


USD/CHF trade just about getting to +50...... Move to B/E imminent (Hopefully)
  • #28
  • Edited 7:39pm Feb 23, 2011 7:35pm | Edited 7:39pm
Quoting ronnierott
USD/CHF trade just about getting to +50...... Move to B/E imminent (Hopefully)
Thought stop was 100? B/E at 50?......edit: got it you mean entry, must sleep now.
  • #29
  • Feb 23, 2011 7:39pm Feb 23, 2011 7:39pm
Ronnie, How do you change to different colors on Histogram. Mine are all same color. Shorter, longer above "0", below "0".

This looks like it will be a good system. Thanks for posting. Paul
  • #30
  • Edited 8:56pm Feb 23, 2011 8:33pm | Edited 8:56pm
Looks like a good idea.
Ive tried playing with the EMA bounce but cudnt fine a way to filter false bounce. This might be it.

Just can someone get me work on the Histogram color?


And can u explain about rule number 2. Im getting confused.
When a candle touch the 15 EMA and bounce, at the same time it mus not be more 50 pips away than both the 50 EMA?

Cheers.
  • #31
  • Feb 23, 2011 8:40pm Feb 23, 2011 8:40pm
Quoting ronnierott
Black Dog, Red Cat, Green Tiger, Orange Baboon.........
just LOL at this one.

You rox.
  • #32
  • Feb 23, 2011 10:08pm Feb 23, 2011 10:08pm
Quoting freqzz
just LOL at this one.

You rox.

yeah, i second that!

as long it can catch PIPs, it's a good cat/good baboon/good dog or good boy!
  • #33
  • Feb 23, 2011 10:46pm Feb 23, 2011 10:46pm
Hi ronnierott,
I realise there's 2 color tones to your MACD histogram, in your 1st post. A lighter red and a darker red. Are there any significance to these 2 colors?
  • #34
  • Feb 23, 2011 11:04pm Feb 23, 2011 11:04pm
Dark red = falling, light red = rising

dark green = falling, light green = rising
  • #35
  • Edited 11:23pm Feb 23, 2011 11:09pm | Edited 11:23pm
Hi ronnierott,
sorry to throw u so many questions.

how do u define a setup candle? i have drawn 4 orange boxes in e chart attached. are these e setup candles?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 175 KB
  • #36
  • Feb 23, 2011 11:11pm Feb 23, 2011 11:11pm
Quoting the-game
Dark red = falling, light red = rising

dark green = falling, light green = rising

thanks for e reply. appreciate your respond.

other than e falling and rising, it doesnt play a part in e rules, is my understanding correct?
  • #37
  • Feb 23, 2011 11:18pm Feb 23, 2011 11:18pm
no part in the rules, just good for visualising if the MACD is falling or rising
  • #38
  • Feb 23, 2011 11:24pm Feb 23, 2011 11:24pm
Quoting the-game
no part in the rules, just good for visualising if the MACD is falling or rising

i see. thank u very much for your input.
  • #39
  • Feb 23, 2011 11:29pm Feb 23, 2011 11:29pm
GBPUSD setting up in the next hour (hopefully)
  • #40
  • Feb 23, 2011 11:38pm Feb 23, 2011 11:38pm
Quoting plind
Ronnie, How do you change to different colors on Histogram. Mine are all same color. Shorter, longer above "0", below "0".

This looks like it will be a good system. Thanks for posting. Paul

Here's a screenshot of the parameter box for the MACD.
Attached Image (click to enlarge)
Click to Enlarge Name: MACD colours.png Size: 50 KB
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