Simple 5 / 8 moving average crossover | Page 54 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Yet another moving average crossover system 1,136 replies

Simple Moving Average Vs. Moving Average? 8 replies

Setting Up Moving Average Crossover Alert? 60 replies

Need alert: moving average crossover 14 replies

Moving average crossover alert!! 3 replies

Attachments: Simple 5 / 8 moving average crossover
Exit Attachments

Simple 5 / 8 moving average crossover

  • #1,061
  • Aug 8, 2013 1:42pm Aug 8, 2013 1:42pm
Entered a long trade on NZD/USD H4 this morning before leaving for work, it is at BE +3 pips at the moment. I entered this trade with a 50 pip SL and am targeting 1:2 R:R

I'm going to be away for about a week so won't be doing any posting, after this, until I'm back
Attached Image (click to enlarge)
Click to Enlarge Name: 8th August 13 NZD:USD H4 Chart.png Size: 150 KB
  • #1,062
  • Aug 15, 2013 12:34am Aug 15, 2013 12:34am
Entered this long trade on USD/JPY H4 before going to bed (-1%) of my account.
Attached Image (click to enlarge)
Click to Enlarge Name: 15th August 13 USD:JPY H4 Chart.png Size: 141 KB
  • #1,063
  • Aug 15, 2013 12:36am Aug 15, 2013 12:36am
Quoting stevepatt
Entered a long trade on NZD/USD H4 this morning before leaving for work, it is at BE +3 pips at the moment. I entered this trade with a 50 pip SL and am targeting 1:2 R:R I'm going to be away for about a week so won't be doing any posting, after this, until I'm back {image}

This trade just took me out for BE +3 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 14th August 13 NZD:USD H4 Chart.png Size: 130 KB
  • #1,064
  • Aug 15, 2013 6:35am Aug 15, 2013 6:35am
Quoting stevepatt
Entered this long trade on USD/JPY H4 before going to bed (-1%) of my account. {image}
Steve - I'm not following your analysis here. I see a PB followed by an EB and a short trade (I think). Pls comment and thanks for your posting of charts, very helpful
  • #1,065
  • Aug 15, 2013 12:35pm Aug 15, 2013 12:35pm
Quoting piprac
{quote} Steve - I'm not following your analysis here. I see a PB followed by an EB and a short trade (I think). Pls comment and thanks for your posting of charts, very helpful
Hi Piprac,

The USD/JPY trade I was looking to go long. The chart should explain what I'm looking for.
Attached Image (click to enlarge)
Click to Enlarge Name: 15th August 13 USD:JPY H4 Chart.png Size: 222 KB
  • #1,066
  • Aug 15, 2013 3:17pm Aug 15, 2013 3:17pm
stevepatt - thank you, much more for me to learn but I like the simplicity and the 7am H4 TF is perfect for me as long as I can spot good setups like you can.
  • #1,067
  • Aug 15, 2013 8:45pm Aug 15, 2013 8:45pm
Heya Steve I was curious as to what was the Indi at the bottom of your charts showing the direction of the trend ?
  • #1,068
  • Aug 15, 2013 11:49pm Aug 15, 2013 11:49pm
Quoting Pips4peeps
Heya Steve I was curious as to what was the Indi at the bottom of your charts showing the direction of the trend ?

Hi Pips4peeps,

This Post# 1,045 has the link to the thread where I got the indicator
  • #1,069
  • Aug 17, 2013 12:38pm Aug 17, 2013 12:38pm
For anyone interested I have uploaded the indicators and template I'm using.

if you scan back through the charts you should be able to see how this can be of help.
Attached Image (click to enlarge)
Click to Enlarge Name: 17th August 13 NZD:USD H4 Chart.png Size: 111 KB
Attached File(s)
File Type: ex4 AllAverages_v2.1 cc.ex4   21 KB | 844 downloads
File Type: ex4 HG_0001a.ex4   3 KB | 863 downloads
File Type: ex4 MA ribbon filled 2 x 14.ex4   3 KB | 918 downloads
File Type: ex4 Magnified Market Price.ex4   3 KB | 736 downloads
File Type: ex4 Spread(1).ex4   3 KB | 746 downloads
File Type: ex4 CandleTime THV.ex4   2 KB | 714 downloads
File Type: ex4 Daily_Range_Stats.ex4   22 KB | 831 downloads
File Type: tpl ADX.tpl   < 1 KB | 747 downloads
  • #1,070
  • Aug 17, 2013 1:32pm Aug 17, 2013 1:32pm
Quoting stevepatt
For anyone interested I have uploaded the indicators and template I'm using. if you scan back through the charts you should be able to see how this can be of help. {image} {file} {file} {file} {file} {file} {file} {file} {file}
I'm curious about the trade Manager EA you are using???
  • #1,071
  • Aug 17, 2013 2:10pm Aug 17, 2013 2:10pm
Quoting enochben
{quote} I'm curious about the trade Manager EA you are using???
I got the trade manager EA from this thread http://www.forexfactory.com/showthread.php?t=371147, fxtr51 has deleted the thread because he was fed up with the hassle he was getting from people.

I don't think I should post it because he has deleted the trade manager EA from the thread.
  • #1,072
  • Aug 18, 2013 5:13am Aug 18, 2013 5:13am
Quoting stevepatt
For anyone interested I have uploaded the indicators and template I'm using.
The template that you posted is a standard MT4 ADX template (at least thats what it looks like after I downloaded the template and opened it). It is not the template I see in your posts (gold background, filled MAs, etc.).

???

Thanks.
  • #1,073
  • Aug 18, 2013 7:36am Aug 18, 2013 7:36am
Quoting MidnightRun
{quote} The template that you posted is a standard MT4 ADX template (at least thats what it looks like after I downloaded the template and opened it). It is not the template I see in your posts (gold background, filled MAs, etc.). ??? Thanks.

Hi MidnightRun,

The templates I save on my platform don't show up when I look in the "Program Files" "MyTradingPlatform" "Templates" on my computer; I saved the template I created to the ADX Template on my platform, which does show up in my "Program Files" "MyTradingPlatform" "Templates", the ADX Template on my platform now opens the template I created. I assumed that by uploading the TDX template it would be my template that got uploaded and not the standard TDX Template.

Is anyone else having the same problem and if so does anyone know how to correct it.
  • #1,074
  • Aug 18, 2013 12:58pm Aug 18, 2013 12:58pm
Quoting stevepatt
{quote} Hi MidnightRun, The templates I save on my platform don't show up when I look in the "Program Files" "MyTradingPlatform" "Templates" on my computer; I saved the template I created to the ADX Template on my platform, which does show up in my "Program Files" "MyTradingPlatform" "Templates", the ADX Template on my platform now opens the template I created. I assumed that by uploading the TDX template it would be my template that got uploaded and not the standard TDX Template. Is anyone else having the same problem and if so does...
Yes, same problem here.
When you save the template, give it a name then before you save it, click on the "Desktop" icon on the left side of the screen. Now it will be saved on your desktop with an icon so can be found easily without having to look in different folders.

The "ADX" template you tried to save over is an original template that comes with MT4 platform so cannot be deleted or changed. If you created a different template or loaded a different template then you can change or delete those.
  • #1,075
  • Aug 18, 2013 1:12pm Aug 18, 2013 1:12pm
Quoting srt
{quote} Yes, same problem here. When you save the template, give it a name then before you save it, click on the "Desktop" icon on the left side of the screen. Now it will be saved on your desktop with an icon so can be found easily without having to look in different folders. The "ADX" template you tried to save over is an original template that comes with MT4 platform so cannot be deleted or changed. If you created a different template or loaded a different template then you can change or delete those.

Hi srt,

Thanks for the tip; try the template attached and see if it works this time.

I trade using a Mac when I open a tpl file all I get is text so I can't test it out myself.
Attached File(s)
File Type: tpl steve's template.tpl   11 KB | 721 downloads
  • #1,076
  • Aug 18, 2013 2:13pm Aug 18, 2013 2:13pm
Quoting stevepatt
{quote} Hi srt, Thanks for the tip; try the template attached and see if it works this time. I trade using a Mac when I open a tpl file all I get is text so I can't test it out myself. {file}
Yes, working now.
Thanks!
  • #1,077
  • Aug 19, 2013 12:57am Aug 19, 2013 12:57am
Entered this trade on AUD/USD H4 overnight.
Attached Image (click to enlarge)
Click to Enlarge Name: 19th August 13 AUD:USD H4 Chart.png Size: 121 KB
  • #1,078
  • Aug 19, 2013 1:10am Aug 19, 2013 1:10am
Quoting stevepatt
Entered this trade on AUD/USD H4 overnight. {image}
Hi Steve
You are buying at the top of the move resistance level....
Not a high probability trade.I would of waited for retrace then go long again at better number.Sometimes one should ignore "systems" indicators and simply look at the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.daily.png Size: 28 KB
In trading, you have to be defensive and aggressive at the same time
  • #1,079
  • Aug 20, 2013 3:24pm Aug 20, 2013 3:24pm
Quoting stevepatt
Entered this trade on AUD/USD H4 overnight. {image}
SL hit (-1%) of my account.


Davit has a point some times you should just look at the chart. I took a chance with the resistance above and it didn't pay off there is always going to be some degree of resistance or support when entering a trade after a pull back in the trend.

I'm trying to make my approach to trading as simple as possible, as I said in one of my first posts on this thread it depends how complicated you want you want to make it.

Looking at things a little deeper there could be a good setup materialsing on EUR/USD it's a matter of waiting and seeing where it wants to go
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 20th August 13 EUR:USD W1 Chart.png Size: 120 KB
Click to Enlarge Name: 20th August 13 EUR:USD D1 Chart.png Size: 139 KB
Click to Enlarge Name: 20th August 13 EUR:USD H4 Chart.png Size: 115 KB
  • #1,080
  • Aug 20, 2013 6:32pm Aug 20, 2013 6:32pm
Did anyone consider this setup on USD/CHF H4??

See what you think when you consider it's entering a weekly demand level???
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 21st August 13 USD:CHF W1 Chart.png Size: 108 KB
Click to Enlarge Name: 21st August 13 USD:CHF H4 Chart.png Size: 136 KB
6 traders viewing now