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A "new" simple system based on MA

  • #741
  • Dec 9, 2011 3:57pm Dec 9, 2011 3:57pm
Hello.

Today's trade gaves me +50 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: Dec 9 2011.JPG Size: 149 KB


Have a nice weekend.
Regards,
Dragon
  • #742
  • Dec 13, 2011 11:49pm Dec 13, 2011 11:49pm
Hi
I am new to here!
this is very intresting system that you guys work on , can anyone help me how to use it ,or can share tpl plz
regards
  • #743
  • Dec 14, 2011 3:40am Dec 14, 2011 3:40am
Quoting mujtaba
Hi
I am new to here!
this is very intresting system that you guys work on , can anyone help me how to use it ,or can share tpl plz
regards
Welcome!

You can find dragonspeak's Template here:
http://www.forexfactory.com/showthre...12#post5028212

Regards,
Mathias
  • #744
  • Dec 14, 2011 6:11am Dec 14, 2011 6:11am
thank you so much for reply. I got the tpl and all indicators.
now can u plz explain me a rules plz
regards
  • #745
  • Dec 14, 2011 4:13pm Dec 14, 2011 4:13pm
Hello.

Today's trade gaves me 0 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: Dec 14 2011.JPG Size: 154 KB


Regards,
Dragon.
  • #746
  • Dec 14, 2011 4:14pm Dec 14, 2011 4:14pm
Quoting dragonspeak
Hello.

Today's trade gaves me 0 pips.

Attachment

Regards,
Dragon.
Hey dragon, if you like this pullback with the trend trading style, you should try switching to a 5 second chart. You get plenty more opportunities, albeit with smaller profit targets, but you can get even more precise entries into trades.
Small disciplines repeated with consistency lead to great achievements.
  • #747
  • Dec 14, 2011 10:04pm Dec 14, 2011 10:04pm
Hello jmflukeiii, thank you for your tip but mt4 only have 1 min chart.

Regards,
Dragon
  • #748
  • Dec 14, 2011 10:14pm Dec 14, 2011 10:14pm
Unless you're using Oanda (maybe others too) that have 5 second charts on their web based trading.

But yes, MT4 is no good for that.
Small disciplines repeated with consistency lead to great achievements.
  • #749
  • Dec 15, 2011 12:11pm Dec 15, 2011 12:11pm
Hello.

Today's trade gave me -10 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: Dec 15 2011.JPG Size: 162 KB


Regards,
Dragon
  • #750
  • Dec 16, 2011 1:44pm Dec 16, 2011 1:44pm
Hello all

Today's trade gaves me +15 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: Dec 16 2011.JPG Size: 163 KB


Have a nice weekend
Regards,
Dragon
  • #751
  • Dec 21, 2011 4:55am Dec 21, 2011 4:55am
Hi Dragon, did you add Bollinger bands on your template ?

Quoting dragonspeak
Hello all

Today's trade gaves me +15 pips.

Attachment

Have a nice weekend
Regards,
Dragon
  • #752
  • Dec 24, 2011 1:49pm Dec 24, 2011 1:49pm
Hello hmaoui, the lines are not Bollinger bands, there just 12 EMA +/- 3 pips.

Regards,
Dragon

Quoting hmaoui
Hi Dragon, did you add Bollinger bands on your template ?
  • #753
  • Dec 24, 2011 1:51pm Dec 24, 2011 1:51pm
Hello Hmaoui

I want to ask you if you think I enter too early in some trades?

Best regards,
Dragon
  • #754
  • Dec 28, 2011 3:59am Dec 28, 2011 3:59am
Dragon, how do you use that 12 ema +-3 to your advantage?

And have you been trading at all this week? I've been trading nothing but reversals this week seeing as price goes about 10 pips and then changes directions violently.
Small disciplines repeated with consistency lead to great achievements.
  • #755
  • Dec 28, 2011 11:39pm Dec 28, 2011 11:39pm
@ jmflukeiii

When the pullback goes to 12 EMA +/- 3 pips I consider is good pullback. I'm working to define when is a good moment to enter to the trade.

I'm not trading now because is holidays. I may return 9 of January.

Regards,
Dragon
  • #756
  • Dec 29, 2011 9:35am Dec 29, 2011 9:35am
Quoting dragonspeak
@ jmflukeiii

When the pullback goes to 12 EMA +/- 3 pips I consider is good pullback. I'm working to define when is a good moment to enter to the trade.

I'm not trading now because is holidays. I may return 9 of January.

Regards,
Dragon
hey Dragon,

have you ever tried this to improve the entries with the help of the CCI indicator?!
http://www.forexfactory.com/showthre...62#post4560062

I think that CCI would be a good way to improve the entries. I've attached these 3 indicator windows (3x CCI with different TF) but the indicator is not working on my chart?! ..
Attached Image (click to enlarge)
Click to Enlarge Name: CCI-problem.jpg Size: 151 KB


enjoy your trading holiday,
Mathias
  • #757
  • Dec 29, 2011 11:51am Dec 29, 2011 11:51am
Here you go, see if this works....

You can fiddle with the inputs, but when the 79 CCI (histogram stays on the positive side of the 0 line while the 21 CCI (yellow line) dips below the 0 line and then crosses back up through the positive 50 line, usually signals a good entry. Look up Mad scalper by Janquie (I think that's how you spell it)... that has a better description of how its used.

I used that system for a little bit, but the entries are a lot later than if you just use the price and a shorter stochastic. However, they are usually better entries.
Attached File(s)
File Type: mq4 !!!!DoubleCCI-With_SMAv79.21.mq4   8 KB | 458 downloads
Small disciplines repeated with consistency lead to great achievements.
  • #758
  • Jan 2, 2012 6:33am Jan 2, 2012 6:33am
I think that entries could be improved (all things can e improved) but I think it is not worth it! Because the entries are not so bad and you will not get much more pips improving the entries. I think that it's better to try to improve the exits....But it is just my opinion.

And I am agree with the fact that CCI can give us good entries. I told in my first post that you can use the oscillator you prefer. CCI is one of them.

Quoting jmflukeiii
Here you go, see if this works....

You can fiddle with the inputs, but when the 79 CCI (histogram stays on the positive side of the 0 line while the 21 CCI (yellow line) dips below the 0 line and then crosses back up through the positive 50 line, usually signals a good entry. Look up Mad scalper by Janquie (I think that's how you spell it)... that has a better description of how its used.

I used that system for a little bit, but the entries are a lot later than if you just use the price and a shorter stochastic. However, they are usually...
  • #759
  • Jan 2, 2012 10:25am Jan 2, 2012 10:25am
I think using a 5,3,3 stochastic means too little. It oscillates way too much. However, that CCI I posted will get you in later than just observing the way price is moving.

I think a majority of success has to do with really knowing what a good trade looks like. But yes, we have all had good success with the original system and I really appreciate you showing it to us. There isn't really any need to change it. You are right; that you can really use any indicator we want. I guess I've just come to believe that CCI is a much more reliable indicator than the stochastic. Hope you have a wonderful 2012!
Small disciplines repeated with consistency lead to great achievements.
  • #760
  • Jan 2, 2012 10:28am Jan 2, 2012 10:28am
Quoting Cyrus7
hey Dragon,

have you ever tried this to improve the entries with the help of the CCI indicator?!
http://www.forexfactory.com/showthre...62#post4560062

I think that CCI would be a good way to improve the entries. I've attached these 3 indicator windows (3x CCI with different TF) but the indicator is not working on my chart?! ..
Attachment

enjoy your trading holiday,
Mathias
Also check out this setup that I've been using:
I use 3 CCI to determine the trend along with three EMAs (colored) and then both a stochastic and a CCI to determine a proper pullback. This misses trades that Hmaoui's system would show us, but it filters out a lot of poor trades.
The yellow in the CCI trend indicators I made indicates overbought/oversold and make for good exit points. CCI 0 bounces (switch to red, then back to green) or the stochastic (green is oversold, red is overbought indicating the direction to trade in, green=long, red=short) can be used for entries with the trend
Attached Image (click to enlarge)
Click to Enlarge Name: example 5.jpg Size: 183 KB
Small disciplines repeated with consistency lead to great achievements.
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