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Ribbon dance

  • #21
  • Mar 30, 2011 7:12am Mar 30, 2011 7:12am
Hi, is there any alerts when the color changes? thanks!
  • #22
  • Mar 30, 2011 7:33am Mar 30, 2011 7:33am
seems to be toooo simple for me....will check further results


keep up

PhanTi
Hero calls followed by margin calls...
  • #23
  • Mar 30, 2011 7:52am Mar 30, 2011 7:52am
Quoting arlaxlee
Hi, is there any alerts when the color changes? thanks!
I use EMA_Crossover Signal.
  • #24
  • Mar 30, 2011 7:52am Mar 30, 2011 7:52am
Hi Marcuss;

When, in 5 minutes color changes do you wait the end of the bar?

Regards
  • #25
  • Mar 30, 2011 8:02am Mar 30, 2011 8:02am
Quoting PhAnTi'
seems to be toooo simple for me....will check further results


keep up

PhanTi
I remember my first charts in forex ... too many indicators, too many confirmations, no room for me to think
  • #26
  • Mar 30, 2011 9:02am Mar 30, 2011 9:02am
EURUSD updated and some selling on EURJPY
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 30.03 sell ej.gif Size: 66 KB
Click to Enlarge Name: 30.03 eu v4.gif Size: 45 KB
  • #27
  • Mar 30, 2011 10:20am Mar 30, 2011 10:20am
Marcuss, what channel do you use ?
  • #28
  • Mar 30, 2011 10:36am Mar 30, 2011 10:36am
My last analyze for today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 30.03 final.gif Size: 51 KB
Click to Enlarge Name: 30.03 final with candles.gif Size: 61 KB
  • #29
  • Mar 30, 2011 11:13am Mar 30, 2011 11:13am
Quoting Marcuss
Hello all,

I want to present a very simple system that can give you some good pips.

Timeframe: i prefer M5 but it can be used in any timeframe
Enter: when ribbon change color
Exit: when ribbon change color again

SL/TP: because you will exit when ribbon change color again you don't need a SL or TP but for protection you can use a hard SL

Some tips:
- if you enter from m5 check m15 or h1 to see the big picture and to filter bad trades
- trades around pivots are the best
- everyone should read those 2 books from attach
excuse for my poor and bad english( i am italian) i follow you very good trader
i hope you continue to explain me your ideas i will receive them very hotly
hallo cortez53
  • #30
  • Mar 30, 2011 11:19am Mar 30, 2011 11:19am
hello.. keep up the good work. Can u explin me how you drow thoose channels red and blue one.
  • #31
  • Mar 30, 2011 12:26pm Mar 30, 2011 12:26pm
Hi Marcus
I loaded your template but it did not show up the 2 ma's only cci and THV4's, I do not use zip files on my computer after some virus problems, so prefer to have files that I can load directly onto mt4, hope you can load a up dated template that includes the ma's and coloured ribbon,
many thanks

Tom
  • #32
  • Mar 30, 2011 12:43pm Mar 30, 2011 12:43pm
attach it
Attached File(s)
File Type: mq4 MA ribbon filled.mq4   2 KB | 2,005 downloads
File Type: tpl ! ribon.tpl   32 KB | 1,424 downloads
  • #33
  • Mar 30, 2011 1:21pm Mar 30, 2011 1:21pm
very profitable for me! thx for sharing. usualy i'm doing 30-40 pips a day cuz is enough for me but with this i just made extra 30. thx for sharing. anyway i added stoch 18,5,3 awesome
  • #34
  • Mar 30, 2011 2:21pm Mar 30, 2011 2:21pm
Quoting Sauber
hello.. keep up the good work. Can u explin me how you drow thoose channels red and blue one.

Its easy , just draw a linear regression channel (its available in every MT4) then go to "objects" check the regression channel, then "edit" , you should see a checkbox which says something like "draw object in background" (mine is not in english so iam not 100% how its named there) simply check this box and choose the color you like
  • #35
  • Mar 30, 2011 2:24pm Mar 30, 2011 2:24pm
also on linear regresion channel on parameters, check RAY
  • #36
  • Mar 30, 2011 3:17pm Mar 30, 2011 3:17pm
Marcuss - also on linear regresion channel on parameters, check RAY


5 stars in a little over 24 hours, WOW.

Must be a lot of folks either not making money, or working too hard at making a few pips, LOL

Two questions, Marcus -

1. Are u trading London session & how many hours do you trade a day ?
2. Are u doing any higher timeframe analysis before dropping to 5 min. ?

Thanks
  • #37
  • Mar 30, 2011 3:41pm Mar 30, 2011 3:41pm
Quoting Marcuss
also on linear regresion channel on parameters, check RAY
So the channels on your charts are the MT4 standard linear regression channels?
how do you draw them and how do you get the channel as a colored area?
I'm only seeing 3 lines
  • #38
  • Mar 30, 2011 3:44pm Mar 30, 2011 3:44pm
Quoting 82nd
Marcuss - also on linear regresion channel on parameters, check RAY


5 stars in a little over 24 hours, WOW.

Must be a lot of folks either not making money, or working too hard at making a few pips, LOL

Two questions, Marcus -

1. Are u trading London session & how many hours do you trade a day ?
2. Are u doing any higher timeframe analysis before dropping to 5 min. ?

Thanks
You obviously haven't read the thread. Its only 3 pages long, shame on you. It wouldn't surprise me if Marcus doesn't answer
  • #39
  • Edited 4:00pm Mar 30, 2011 3:57pm | Edited 4:00pm
You obviously haven't read the thread. Its only 3 pages long, shame on you. It wouldn't surprise me if Marcus doesn't answer

It should be obvious I wasn't referring to HIS (Marcuss) method. Otherwise, why ask questions

Not real good at reading between the lines, are you ?
  • #40
  • Edited 4:10pm Mar 30, 2011 3:57pm | Edited 4:10pm
Quoting 82nd
Must be a lot of folks either not making money, or working too hard at making a few pips, LOL

Two questions, Marcus -

1. Are u trading London session & how many hours do you trade a day ?
2. Are u doing any higher timeframe analysis before dropping to 5 min. ?

Thanks
Arround the world there are alot of system and many of them are complicated systems. I like simplicity. First step to be make some pips is to apply a system that its simple and clear. I don't want you or anyone else to trade this system. I want everyone to trade a system that can be simple and clear enough for them to make money.

About your questions:
1. I trade mainly on London sesion. When i have time to trade i use m5/m15. When i have something else to do, i use the same system but on h1/h4.
2. Usualy when i see some clear moves on higher timeframe i trade only in that direction.
Attached Image (click to enlarge)
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