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Forex Bible System

  • #441
  • Nov 22, 2011 10:31am Nov 22, 2011 10:31am
Quoting PipDizzle
Hey guys , just loaded up the system onto my mt4 but I cant open the maual to this system , its a ODT File , I do not how to open it , could someone help ? Also whats the best time frame to use this system on ?
it is an open office document, i copied what written on manual on txt file, you can open it using notepad or wordpad.
i just camin through, i dont know this system working best on what time frame, sorry for that.
Attached File(s)
File Type: txt Bible SystemTrading Rules.txt   2 KB | 681 downloads
  • #442
  • Nov 22, 2011 10:48am Nov 22, 2011 10:48am
Quoting temon
it is an open office document, i copied what written on manual on txt file, you can open it using notepad or wordpad.
i just camin through, i dont know this system working best on what time frame, sorry for that.
Thanks Temon, Where can I get the Golden Variaty indicator ? It wasnt in the file I downloaded ? Thanks again
  • #443
  • Nov 22, 2011 11:33am Nov 22, 2011 11:33am
Quoting PipDizzle
Thanks Temon, Where can I get the Golden Variaty indicator ? It wasnt in the file I downloaded ? Thanks again
It seems there were some modification through the system and the previous versions are not available anymore, it's better to go through the thread for better understanding, it's just 30pages. And if you look for a specific indicator you can take a look in attachments, you may find something there.
Actually for now there are just two active members on this thread and we are working on 5min, you can see where it began on page 27.
  • #444
  • Nov 22, 2011 11:37am Nov 22, 2011 11:37am
Quoting PipDizzle
Thanks Temon, Where can I get the Golden Variaty indicator ? It wasnt in the file I downloaded ? Thanks again

This indicator gives us four signals to filtering 4 strategies:
Broken Trend:
Buy:
1 - Broking the Down Trend;
2 - Crossing of tow Exponential Moving Average: EMA9 Cross Up EMA30;
3 - Momentum value > 100.
Sell:
1 - Broking the Up Trend;
2 - Crossing of tow Exponential Moving Average:EMA9 Cross Down EMA30;
3 - Momentum < 100.

The lower one gives the momentum & the Arrows points to the crossing of 2MA:
Golden Trend:
Buy:
1 - Broking the Down Trend;
2 - Crossing of tow Moving Average: EMA5 Cross Up SMMA15 (Smooth);
3 - DeMarker value > 0.5 & Force Index >0.
Sell:
1 - Broking the Up Trend;
2 - Crossing of tow Exponential Moving Average:EMA5 Cross Down SMMA15;
3 - DeMarker value < 0.5 & Force Index< 0.

The Middle one gives the required signal & the Arrows points to the crossing of 2 MA:
Golden Cross:
Buy:
1 - Crossing of tow Exponential Moving Average: EMA5 Cross Up EMA15;
2 - RSI value > 50 & Crossing Up of MACD& Crossing Up of ADX.
Sell:
1 - Crossing of tow Smooth Moving Average: EMA5 Cross Down EMA15;
2 - RSI value < 50 & Crossing Down of MACD& Crossing Down of ADX.

The Upper one gives the required signal & the Arrows points to the crossing of 2 MA:
Golden Lines:
When the price passed a strong resistance or support we can get a good confirming signal for Buy or Sell by looking to the three signals of the indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-23_003309.png Size: 18 KB
Attached File(s)
File Type: mq4 __MadroGoldenFilter.mq4   6 KB | 547 downloads
  • #445
  • Nov 22, 2011 11:37am Nov 22, 2011 11:37am
Quoting exking
what do you mean by first, do you consider other signals invalid?

uups, i have not seen this today

my trades today on eu
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 111 KB
  • #446
  • Nov 22, 2011 11:44am Nov 22, 2011 11:44am
Quoting sissi
uups, i have not seen this today

my trades today on eu
Yes those are today's trades, but I didn't get a chance to take any of them, And we also had these two (after Frankfurt open), one loser and one winner
EDIT: The second one is not valid because the Max MACD is red, so just one loser and four winners up to now
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 30 KB
  • #447
  • Nov 22, 2011 11:49am Nov 22, 2011 11:49am
Quoting temon
This indicator gives us four signals to filtering 4 strategies:
Broken Trend:
Buy:
1 - Broking the Down Trend;
2 - Crossing of tow Exponential Moving Average: EMA9 Cross Up EMA30;
3 - Momentum value > 100.
Sell:
1 - Broking the Up Trend;
2 - Crossing of tow Exponential Moving Average:EMA9 Cross Down EMA30;
3 - Momentum < 100.

The lower one gives the momentum & the Arrows points to the crossing of 2MA:
Golden Trend:...
Thanks for the info temon
  • #448
  • Nov 22, 2011 11:53am Nov 22, 2011 11:53am
Quoting exking
Yes those are today's trades, but I didn't get a chance to take any of them, And we also had these two (after Frankfurt open), one loser and one winner
EDIT: The second one is not valid because the Max MACD is red, so just one loser and four winners up to now
oh you was taken the second trade? the macd has the wrong color.

i look now for a coder who can make us an ea for this rules.
  • #449
  • Nov 22, 2011 11:57am Nov 22, 2011 11:57am
Quoting sissi
uups, i have not seen this today

my trades today on eu
And how do you determine your SL and TP?
My results are with 10pip TP and 15pip SL, if we want to wait till the candle is closed most of the trades don't reach more than 10pips, we have to whether BE at 10pips and miss some profits or we have to take all by 10pips.
I remember you mentioned 15pips TP, how do you manage that?
  • #450
  • Nov 22, 2011 11:59am Nov 22, 2011 11:59am
Quoting sissi
oh you was taken the second trade? the macd has the wrong color.

i look now for a coder who can make us an ea for this rules.
No I didn't take any trades today since I wasn't present on any of them, I wanted to show the trades and I made a mistake, I edited the post, you already quoted the post with the edited part
  • #451
  • Nov 22, 2011 12:08pm Nov 22, 2011 12:08pm
I took this one
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 32 KB
  • #452
  • Nov 22, 2011 12:08pm Nov 22, 2011 12:08pm
Quoting exking
And how do you determine your SL and TP?
My results are with 10pip TP and 15pip SL, if we want to wait till the candle is closed most of the trades don't reach more than 10pips, we have to whether BE at 10pips and miss some profits or we have to take all by 10pips.
I remember you mentioned 15pips TP, how do you manage that?
hmm, i use the most time 15 pips, on usdchf just 10 and 20sl

tonight i change my spread to ecn
  • #453
  • Nov 22, 2011 12:09pm Nov 22, 2011 12:09pm
Quoting exking
I took this one
jup, me too
  • #454
  • Nov 22, 2011 12:10pm Nov 22, 2011 12:10pm
Quoting sissi
hmm, i use the most time 15 pips, on usdchf just 10 and 20sl

tonight i change my spread to ecn
I meant for E/U
You actually took those trades, aren't you?
  • #455
  • Nov 22, 2011 12:11pm Nov 22, 2011 12:11pm
Quoting exking
I meant for E/U
15 tp and 20 sl, but when the trade against the trend is just 10 tp
  • #456
  • Nov 22, 2011 12:13pm Nov 22, 2011 12:13pm
Quoting sissi
15 tp and 20 sl, but when the trade against the trend is just 10 tp
ok thanks
  • #457
  • Nov 22, 2011 12:20pm Nov 22, 2011 12:20pm
I have to leave now, my eye is aching and my friend is here to give me a ride to hospital, oh God it's 10pm and it's raining here, I'm just 28 but recently I get some weird illnesses.
Show the result please, thank you.
  • #458
  • Nov 22, 2011 7:47pm Nov 22, 2011 7:47pm
Question ? Is there a way I can adjust the GMT offset ? As you can see in the picture, its only Tuesday 8:45 pm Est and the chart is showing me Wednesday already ?
Attached Image (click to enlarge)
Click to Enlarge Name: eur.jpg Size: 112 KB
  • #459
  • Nov 22, 2011 10:10pm Nov 22, 2011 10:10pm
Quoting PipDizzle
Question ? Is there a way I can adjust the GMT offset ? As you can see in the picture, its only Tuesday 8:45 pm Est and the chart is showing me Wednesday already ?
it is your broker local time, it is packed with HLOC (candle) value on chart. so i think it cannot be adjusted.
nice position you have PD..
  • #460
  • Nov 22, 2011 10:33pm Nov 22, 2011 10:33pm
Quoting PipDizzle
Question ? Is there a way I can adjust the GMT offset ? As you can see in the picture, its only Tuesday 8:45 pm Est and the chart is showing me Wednesday already ?
You have to set in the THV Indicator the Server and Choice Time.
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