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MA Crossover-based system - Squiggles

  • #21
  • Jan 26, 2013 8:57pm Jan 26, 2013 8:57pm
Quoting jusiur
geosanuy, do you open a trade asap you see the cross or wait for bar close (line close in this case) ?
There are no bars in the price flow, we only use them as an analysis tool, there are only a bunch of bid/ask orders making the price move in a linear form or approximately so.

In this method, therefore it does not matter how much longer you have to go in the period ("bar"), as you are solely reacting to the progress of the line in addition to the proper alignment / slope of the Ma's; the idea being getting the earliest entry to scalp what is there in 2-3 periods. (D1 may swing longer)

The exception, which I haven't traded, as I said, would be the D1 TF, in which obviously one would use a GMT or NY close.

It is just a method to get a good scalp entry, if it doubles back on the ALMA you kill it and look for another opportunity. The idea is not to worry about candle formations, wicks, etc.

Hope this helps.
  • #22
  • Jan 26, 2013 9:05pm Jan 26, 2013 9:05pm
Quoting jusiur
geosanuy, do you open a trade asap you see the cross or wait for bar close (line close in this case) ?
Another answer would be if the moving averages are aligned on the correct side and I see some amplitude developing, yes I enter ASAP notwithstanding candle time considerations.
  • #23
  • Jan 26, 2013 9:07pm Jan 26, 2013 9:07pm
Quoting piprac
An indicator for a trailing stop based on the blue line would be nice.
I feel this a very hands-on type of method, I don't see the need, maybe if you're on D1 and +100 or the like.
  • #24
  • Jan 27, 2013 2:56pm Jan 27, 2013 2:56pm
A little more on rationale...

Attached Image (click to enlarge)
Click to Enlarge Name: sq06_setup_scr.gif Size: 15 KB



The "candle" numbers seem to have slipped their original positions...
they are in reference to the nice downward move previously, just so you get the fact that on M15 a 3-4 period move is par for the course.
  • #25
  • Edited 5:58pm Jan 30, 2013 5:12pm | Edited 5:58pm
As I have said, this is an entry method, so do feel free to apply it to your scheme....

Most of us have learned to use an oscillator as confirmation to PA, that is because the osci will inevitably lag the price signal...though it does give us an confirmation that we are trading in the right direction at least, albeit one or two candles later.

Here, it's easy to see that even a great osci like the TDI, starts to signal one full candle AFTER our PL/ALMA cross...which is our edge; naturally if you'd like to have it there to give you confirmation AFTER the fact...
sure why not?...but necessary?...no.

Attached Image (click to enlarge)
Click to Enlarge Name: sq07_setuptdi_scr.gif Size: 15 KB
  • #26
  • Jan 30, 2013 5:17pm Jan 30, 2013 5:17pm
Also notice how the TDI signal line mimics the Price Line and the RSI Ma or red TDI line closely follows the ALMA Ma...but clearly the ALMA is more responsive and the PL crosses quicker....

So in fact, you could have a BETTER TDI to use as an indicator by using the PL against the ALMA and trade your beloved candles on a second chart...hmmm.
  • #27
  • Edited 7:13pm Jan 30, 2013 5:45pm | Edited 7:13pm
Another option, which I think is better would be to use the ALMA cross entry and then switch to candles to read PA for a better exit.
The orthodox exit would be the crossback over the ALMA, which is safe and profitable, but if you can use PA to get out with more profit, great. (As in big pin-bar, doji, etc. at R1/S1)
Bear in mind that the price line graph goes from close to close, that is it does not show you the wicks.
The double spinning tops should have you out before the re-cross conserving profit.

Attached Image (click to enlarge)
Click to Enlarge Name: sq07_setup_scr.gif Size: 13 KB


Attached Image (click to enlarge)
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  • #28
  • Feb 6, 2013 6:03pm Feb 6, 2013 6:03pm
Not every PL cross is valid, observe the slope of the ALMA and your levels to detect consolidation, trade once the ALMA starts moving, better results obviously with latest bias.

Attached Image (click to enlarge)
Click to Enlarge Name: sq08_setupzones_scr.gif Size: 11 KB


The salmon rectangles show the no-trade crosses, the ovals the good impulsive movements.

here in candles...seems easier to see in Price Line Graph.

Attached Image (click to enlarge)
Click to Enlarge Name: sq08_setupzonesii_scr.gif Size: 14 KB
  • #29
  • Feb 8, 2013 8:53pm Feb 8, 2013 8:53pm
Enjoying this Geo.........so simple, yet effective. Training my eye for correct amplitude.
  • #30
  • Feb 8, 2013 9:38pm Feb 8, 2013 9:38pm
Looks simple and simple is good. What t/f's ? To me looks good on M15 W/period sep's. Zoomed far out.

thanks good trading $$$$$$$$ lol
  • #31
  • Feb 13, 2013 3:52pm Feb 13, 2013 3:52pm
Glad you guys are getting something out of this...ANY system requires training, most addition a whole bunch of technical doodads to keep your eye on and still you have to train your eyes on the PA, I think with this entry method you can acquire the proficiency you will ultimately need to trade any other method/system.
  • #32
  • Feb 14, 2013 10:56am Feb 14, 2013 10:56am
Thanks for giving this valuable system i have gone through but i need your help i have download the indicators but i could not see the price line so pls help. since the price line is the Signal line generated is core of the indicator i need it.

Thanks God bless.
  • #33
  • Edited 6:10pm Feb 14, 2013 5:51pm | Edited 6:10pm
Quoting 9Gani
Thanks for giving this valuable system i have gone through but i need your help i have download the indicators but i could not see the price line so pls help. since the price line is the Signal line generated is core of the indicator i need it.

Thanks God bless.

Forgive me if I'm wrong...but I think you are referring to the "Line Graph Chart "....if so...on mt4 you have 3 options: bar chart, candlesticks, and Line Chart...hit the Line chart button and that is the price line or "signal line" .....again...this is the way I understand your question...hope this helps...and yes...this is a very interesting system...I like it......attached the daily open line just to show how the line interacts with it and can be used as a possible entry point as well....once the other parameters "line up".
Attached Image (click to enlarge)
Click to Enlarge Name: gbyjpy entries 4 hour.gif Size: 34 KB
Attached File(s)
File Type: ex4 daily open line.ex4   2 KB | 344 downloads
  • #34
  • Feb 15, 2013 10:02pm Feb 15, 2013 10:02pm
Thanks 4xplosion, yes of course the Line Graph is in the MT4 Chart options.
Will look at your market open line and see what it brings.
  • #35
  • Feb 16, 2013 3:48am Feb 16, 2013 3:48am
Nice system Geosanuy 1ema closed replicates price line and applied to candlestick chart gives the entry and exit....
  • #36
  • Feb 16, 2013 12:30pm Feb 16, 2013 12:30pm
Yea sure, Phil as I have been saying avail yourself of the candles for PA interpretation, this is more like an early warning entry system.
  • #37
  • Feb 16, 2013 2:11pm Feb 16, 2013 2:11pm
Quoting 4xplosion
Forgive me if I'm wrong...but I think you are referring to the "Line Graph Chart "....if so...on mt4 you have 3 options: bar chart, candlesticks, and Line Chart...hit the Line chart button and that is the price line or "signal line" .....again...this is the way I understand your question...hope this helps...and yes...this is a very interesting system...I like it......attached the daily open line just to show how the line interacts with it and can be used as a possible entry point as well....once the other parameters "line up".
Hi..just want to confirm my understanding..are the white lines in the picture indicate the entry?
www.duitmasuk.com
  • #38
  • Feb 16, 2013 4:45pm Feb 16, 2013 4:45pm
Understood geo your post#27 had me thinking about exits before I have started to demo! The idea of watching price cross the MAs is unique and it will take a little time for my mindset to adjust. Must be getting old....

Phil
  • #39
  • Feb 16, 2013 8:39pm Feb 16, 2013 8:39pm
Quoting Aussie Phil
Understood geo your post#27 had me thinking about exits before I have started to demo! The idea of watching price cross the MAs is unique and it will take a little time for my mindset to adjust. Must be getting old....

Phil
All it does is give you an early entry or warning of impending move, I recommend using candles to read PA for exits, moving stops, etc.
Also 2 things to have in mind are: levels of S/R or Round Numbers and the slope or angle of the ALMA MA.
  • #40
  • Edited 9:03pm Feb 16, 2013 8:46pm | Edited 9:03pm
Quoting capt1986
Hi..just want to confirm my understanding..are the white lines in the picture indicate the entry?
No Capt. the entry is described in the first page, those white lines are the market open lines that 4xplosion uses as general reference.

Wait until you see the MA's cascade in the right direction and in the right order, of course.
There is no need to complicate this overmuch, this is not a trading system, merely an easily visible early clue as to what may be the upcoming move; as long as you realize that you can benefit by integrating it with any other routine you find effective.

That's not to say you can't trade it stand alone, as some of you must see, it can be a very good scalping platform.
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