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Step Channel

  • #21
  • Jun 3, 2012 5:32am Jun 3, 2012 5:32am
Kimitrio,
First of all, thanks for sharing your system, it's very helpfull for me.
I love your stepMA indi and his filter, works great
I want to learn more from you, i will follow this thread.

(sorry for my poor english, i'm from Belgium)
  • #22
  • Jun 3, 2012 1:23pm Jun 3, 2012 1:23pm
Quoting handy148
Re your earlier post - being able to trade a ranging market is very important as I seem to remember reading a stat once which said that markets range 70% of the time. Don't know if that's true or been proved though.
I will show you completely to how to trade in ranging markets, i am waiting for this kind of market to show you in actiona and real time,maybe i will share a video clip of my trading with this system.
  • #23
  • Jun 3, 2012 1:24pm Jun 3, 2012 1:24pm
Quoting crz_blunt
Kimitrio,
First of all, thanks for sharing your system, it's very helpfull for me.
I love your stepMA indi and his filter, works great
I want to learn more from you, i will follow this thread.

(sorry for my poor english, i'm from Belgium)
You welcome,i hope this will helpfull for everyone,

Your english is much better that mine
  • #24
  • Jun 3, 2012 3:03pm Jun 3, 2012 3:03pm
kimitrio ,

i'm really really like your system and can't wait till market open to test it . can we make this work with 4H too ? any suggestions ?

any way i see some premonitions of good results even with 1H 30min.

keep up your good work ,

rgds.
  • #25
  • Jun 3, 2012 11:54pm Jun 3, 2012 11:54pm
Quoting FXnitroC
kimitrio ,

i'm really really like your system and can't wait till market open to test it . can we make this work with 4H too ? any suggestions ?

any way i see some premonitions of good results even with 1H 30min.

keep up your good work ,

rgds.
Thanks for your comment,
Yes we can make this work with many timeframes,i started with one sample strategy ,i will continue to show you how to use it on all timeframes and in every market situation.
if you have enough patience i will sure you that you can get profit using really simple methods like this
I just don't have enough time to post in here,but i will do my best
Green Pips for you
  • #26
  • Jun 4, 2012 9:39am Jun 4, 2012 9:39am
Quoting kimitrio
Price gets to our Longterm Area ,waiting for a signal from macd on m30 or m15 ,it is better to wait for a divergence in this area
As i told you before Wait for a divergence on macd to sell EURUSD
Our price gets in our area,and still all conditions for bearish trend is exist

reasons i short:
1-price touch a important resistance
2-i have all conditions for a bearish trend
3-in m30 ,macd faild to create a new High when touched this resistance


You can enter this position after you have signal from macd,
for now i set my target in 1.2352 cause it's not a normal time,im not sure that eurusd can break the support. i will wait and see
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 25 KB
  • #27
  • Jun 5, 2012 2:22am Jun 5, 2012 2:22am
Last EURUSD Short was closed at BE,0+

but you can now see the MACD Clear Signal for short,For me if i see any buy signal from macd in m30 or h1 i will close my short in profit/loss and i will wait until the trend has been confirmed

For break Evens you can BE your position after you got into 30+pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 15 KB
  • #28
  • Jun 6, 2012 6:57am Jun 6, 2012 6:57am
Hi,

"Yes we can make this work with many timeframes,i started with one sample strategy ,i will continue to show you how to use it on all timeframes and in every market situation.
if you have enough patience i will sure you that you can get profit using really simple methods like this
I just don't have enough time to post in here,but i will do my best"

I'm waiting for you Kimitrio ,
Wish you green pips
  • #29
  • Jun 6, 2012 7:08am Jun 6, 2012 7:08am
I have modified your system by using a cci(89) instead of macd,
This is the entry point i get (see picture below),
I use specific rules for my entries, but i do not use cci divergence.
Just to show you that your system is very valuable for me, and i'm sure it can be for everyone
Attached Image (click to enlarge)
Click to Enlarge Name: stepchannel.jpg Size: 175 KB
  • #30
  • Jun 6, 2012 7:13am Jun 6, 2012 7:13am
So far so good with the system. I would like to say thank you again! One question...what is the MTF magenta line used for?
  • #31
  • Jun 6, 2012 10:52am Jun 6, 2012 10:52am
Great system!

But has anyone back-tested this system? Does this work for long run?
  • #32
  • Jun 6, 2012 4:48pm Jun 6, 2012 4:48pm
Advise : this is demo trading only.

Hi folks,
With my settings (cci 89 instead of MACD+divergence) of this system,
I get those two buy entries in the recent eurusd uptrend.
Futhermore MTF_step filter signals us that a nice trend is upcoming.

I see green pips in my (demo ) bank account.
See picture below.
Attached Image (click to enlarge)
Click to Enlarge Name: stepchannel2.jpg Size: 154 KB
  • #33
  • Jun 13, 2012 10:26am Jun 13, 2012 10:26am
Quoting crz_blunt
Advise : this is demo trading only.

Hi folks,
With my settings (cci 89 instead of MACD+divergence) of this system,
I get those two buy entries in the recent eurusd uptrend.
Futhermore MTF_step filter signals us that a nice trend is upcoming.

I see green pips in my (demo ) bank account.
See picture below.

Can you post a temp with the setup you are using please. I also have a few things I am looking at with this system and would like to see how they do with your cci.
  • #34
  • Last Post: Jun 20, 2012 11:33am Jun 20, 2012 11:33am
[quote=kimitrio;5711651]Hi everyone

Hi Kimitrio,

I have used the Mladen step-indicators for a long time in the past and must say that I like your creation with the channels. This reminds me why I used the step ma and why it's usefull to bring it back in. It's good for trend recognition, placing targets, stops, entries, exits, scalling in/out and adjusting stop levels. Although I am not using your method, I do like and appreciate your sharings.

All the best.

pbb
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