Trend Follower m1 Scalping WITH m5 Revised Rainbow Setup

Hope you don't mind, thought I would post one of my recent trades
with this system.

Brian

PS: I only use the first two rsi on the 5 min, you dont need as much
filtering as the 1mmin where I have all the rsi you have in template.

I use the schaff and mtf cci for trend confirmation on any 5 min
template so it must be here for me and the trix is there
for confirmation but also as a possible second entry on 0
line cross alerts only. If things didnt line up right at the rsi 8
and trendenvelopes signal, sometimes a candle or two later
the 0 line cross will occur and I can give it another look
if I am not actively watching the charts.

wilteredfire congratulations ... great system!

could someone please attach the indicators EX.4 termination?

thanks.

this seems like its a great system cant wait to try it out nice job

Hello,

Does anyone know what the purpose of the EZ Chart XMA indicator is? It's in the the template, shows up on charts (along with the EZ Chart Price indi, which looks like it's showing how much time is left or the current bar), but doesn't seem to be referenced in this thread.

Thanks,
Dennis

Sometimes I wonder..I make money with a setup, find something
new and move right on. Why can't I just focus and really master
one or two major setups??? LOL

I am endeavoring on that path now.. Wilteredfire, I
am not sure why you are not trading or posting
about this setup if you are... but with a few very
minor enhancements.. this can be awesome.

Brian

Hei, super-indicator-programmers!

You made a lot of colorful lines and right-direction-arrows.

Why didn't just ONE of YOU show a results of BACKTEST on 2 years history with constant parametres?

It will takes 1/10 of beautiful indicator programming time.

2 golden1: it takes even less time, than counting MAs directions

I little emotional, course I tested huge variants of strategies, based on raibow and on rainbow transformation. Result is very consistent: very profitable, but average trade is less, than spread.

If someone invent something tradeble on rainbow, PLEASE, SHARE IT!

Even using bigger timeframes can't increase perfomance

Ive been tied down with some laziness and some website development work ive been doing on the side but Im still "trying" to trade, not giving up, not now, not never...

Hey Brain, thanks for the recent inspirational chart you posted, I by chance happened to look you up and found you posted in my thread last month...Oddly enough im still trying to trade the rainbow with few other things, but ive kept your green lantern setup you posted somewhere in the forum for quite some time now, and i must say, it has potential...

Might be interesting to see how we could mix this setup with the rainbow you recently posted on the previous page last month, and combine it with elements from your green lantern method so we can both stick to one chart...what do you say buddy?

I haven't given up on the rainbow guys, just given up wasting time hanging around forums for the time being to focus on other things. Will be good to get some input from you on this brian, lets see what we can do and trade this week and make some pips shall we

Cheers guys.

wow

Trading on the GMMA is very difficult.

Hi, as requested, I also added my template see attachments:

Cheers bud, I hope this will be useful for the trend followers trying to use the m1 charts for some safer scalping.

Many MANY thanks for your contribution for the files kikoolol

anyone still trading this method?
kikoolol, whats the posted ex4 use for entrys? is there a mq4 version to change inputs?

the rules are the same that" Trend Follower 5 Minute System"thread.
except the fact that it uses MACD instead of Laguerre (almost same results).

good system!thx, also good on m5

Good strategy, been using it with the best success I have found so far with any strategy as of yet.

Wish you all successful trading

Hello WilteredFire, I was wandering, if you still trading this method, how you are doing ? Your chart is very good for identifying trend development and squeezes. If you still reading this blog, let us know

:nerd:

I couldn't load the Laguerre file that came with Trend Follower, so did a few modifications and it works now. Not sure if it works the way it was intended, but it looks right Anyway, thought someone else might need this too. God bless

this system is one of the best ive ever tried . lots of pips on the 5 min. on the code section of mql5 there is the final perfect version of this

can you share section link ?