5Min Intraday System

I will try to post the recent chart setups for this method whenever I can.
I truely love this method. This is basically a trend following way. These setups do not work in ranging market conditions. But when their is new breakout and or a pair is trending overall in larger time frames such as yen pairs at the moment, we get beautiful results, especially when we go with the overall big trend (again like e/y, u/j at present). I use the follwing M.A's (just a little additions to the origanal m'a's by Philip Nell).
50 sma -yellow
34 ema- gray
21ema - blue
8ema - white
5ema - green

Most of the entries will be from 21 ema some from 34 ema if on 5m. The other ema's are to see the trend. 5 ema works like a charm on time frames bigger than 5m, such as 15m, 1-hr, 4-hr, daily.

Here is the recent e/y 5m setup, since it was with the major daily trend, and after a breakout, this went for about 200 pips. but don't expect the same amount evrey time, lol.

Hi ... Nice Trading System .. im new for this Thread..

guys

I added the Ichimoku cloud and we can see the angle

another exemple :

Dany,
What settings for the cloud you are using?
Thanks

hello
I took the Ichimoku and I installed the cloud for the angle to the 50 EMA

I also added the indicator "ggtrendbar" gives me the trend.
I look so Daily, H4 and H1 are the same color before trading

What I am asking is this:

Ichimoku's standard settings are: Tenkan - 9, Kijun - 26, Senkou - 52.

Are you using the same settings for the 5min method, or you have changed these standard settings?
Thank you.

I removed: Tenkan - 9 Kijun - 26 Senkou - 52.
I just joined the cloud, if there are too many curves on the graph.

hi Dany, so the sole purpose of the Ichi Cloud is just to verify the angle of 50 SMA is more than 20 degrees?

hello

yes, I think the cloud is a good indicator

Insert -> Lines -> trendline by angle, and you can see if that angle is greater than 20!
is a good strategy, i mean it worked for me, now i use something very similar becouse scalping is all i know!

Hi

I am new to this thread and i liked your idea. Please can you provide template and indicators?

Regards

hello aamhad 29

template =


you needs





moving averages are given by phil on the first page.

good trades

Hi,
Just want to check with you guys, so that I can see the chart with the exact same height and width as you all. I find the default setting, where the chart auto adjust height is a bit confusing.

1. What setting do you use for chart properties?

2. For my MT4 chart, it is one size smaller than max zoom. It has around 78 candles showing. What size normally you use? (I'm using a 24" 1080p monitor if it matters)

Appreciate if you share your setting, thanks.

Hi all ,new to this thread shennanigans! Have been working on the 4 and 1 hour MACD systems and now trying to get info on the 5 min intraday.
Can anyone help get me started on finding the original files and also as a computer retard how do you change the colours on the power bars to help differentiate quickly between positive and negative? I'm using MT4 platform.

Thanks to you all for the amazing education!

Phillip, if you're out there, tried to send you an email from one of your zip files but bounced back.

Hi all,

I am looking for the indicator automatic show the degrees of the SMA on the chart (like in this pic but auto show degrees). Can you create one or tell me where to get it?

Thanks so much in advance.