Ribbon dance

If anybody can suggest a trade management EA for this, that would be fantastic. EA that can close position at the second cross of both MA should serve well for this purpose. So you guys can concetrate more on firing and let the Price decide the rest.

But if somebody can code an EA for taking orders with all filters on (the CCI and ICHI monitor) exactly like Mr Marcuss said, that would be a awesome help for everybody on this thread.

Keep it simple.


NG

Hi Marcus,

I got a chance to trade with your system for the first time today and I met with success. First off, let me explain that as a trader, I am a scalper by choice. It's the trading style that fits my personality and lifestyle the best right now. I've tried all kinds of things, but I keep coming back to simple in and out trading.

So, I used the ribbon for my style of trading. I started at 5:30 pm est. My goal was to simply take all the signals and see what would happen.

My first trade was a disaster. I was a bit disoriented and just getting used to the indicators and chart and MT4 so I ended the trade for a loss. No worries, I was on the wrong side, so I just jumped back in after making a slight adjustment and managed to gain all of my loss back and a few pips extra. Ok, so far so good.

I then got more comfortable with the system and ended the rest of the session with no more losers. I traded with MT4 and then I used MT4 for the charting and my Currenex platform to enter the trades. Once, I let a win turn back around and I closed it out for a small gain, just to see how the indicators worked. Then, I got down to business and ended up trading my daily business plan without any problem or issue.

For me, the only change I made was to go to the 1min chart. I'm used to a filtered tick chart, so the 1min chart is a very nice chart for my way of trading. I have time to think and not feel so rushed. The system kept me on course and I simply entered on the crosses and exited at the crosses or just at a reasonable tp level while monitoring the p&l.

I'm happy about the demo of the system, and I think that it is a winning combination for me and my style of trading. Many thanks for putting your hard work out here for others to enjoy and work with. I think that this would do well on live trading after a period of working more with it.

I'd consider myself an intermediate trader. I've traded mostly on Currenex with external charting, both demo and live trading. I wanted to give the MT4 demo platforms a try and I like the fact that the system is all inclusive, although it's easier to trade my style on the Currenex platform, imho, I find that I don't have to wait as long to see profit.

Kind Regards, Kenfenfx

Look like a sell on EJ soon waiting for candle to close below also I add ichi indicator -- the give some sweet signals this is all on 15 pips rangebars

Same goes to EUR/USD, here with 8 pips range bars. Price cannot passed the middle band of Bollinger Band

Your charts does not look Rangebars to me. Rangebars all the bars are equal

Maybe I got wrong setting this moring. I will re-load again.

Couldn't get the right chart to run. I don know what's wrong with mt programm today, but the chart ( RangeBar) look weird. Thanks for pointing it out.
Must reset my MT4 and re-do all over again.

Hey Pat and zamanib, which indi do you use for range bars? Could you post it please.
Thanks for your help.

Run test on the RangeBars setup. I think it respond well to M2, not M1 . Refer to the attach files, with 8 pips range.
Hope you able to correct me. Thanks

But you can find out more
Please refer to this link

The missing link
http://www.forexfactory.com/showthread.php?t=268552

Fresh daily cross on GU today..

we can pinpoint entry at M5.. look for fresh crossover at M5 to build your equity milipede.. if u know what i mean.

Hi Marcuss and all,

Just caught a nice little move down on gbpjpy, which is the pair I trade, so, I've completed my London daily goal. Many thanks! I'm using the ribbon as described in post 1 with no changes.

Kind Regards, Kenfenfx

Looks like AUD/CAD, EUR/AUD and EUR/GBP are converging into one color on D1. Will see.

EU Short...?

Easy 10 pips after spread.. surley trading can be this easy

You catch the idea (Ribbon + trend or channel break) and YES trading can be easy !
The only problem is that people think that the more complicated is the system, the more profitable it is, wich is wrong.

GBP/USD is actually still moves in a sideways condition as easily seen on a daily chart, testing 1.6000 - 1.5950 support area (strong support here). Clear break above 1.6176 would change the intraday bias to bullish testing 1.6200 - 1.6300 resistance, bullish testing 1.6200 - 1.6300 resistance area.
I may go LONG

Currently waiting for break of trendline. Now will hold flat or scalps.
If price breaks back above 1.4200 we will look to buy near 1.42115.

Update. Break of trendline with +35 pips & running.
This system is very logical ( I'm not saying easy).