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Multi time frame Simple MACD system

  • #241
  • Sep 11, 2013 6:00pm Sep 11, 2013 6:00pm
yesterday was very quite for trading had some other commitments.
GBPUSD long from monday was closed in profit of 120 pips yesterday during london session.
Was out for dinner and couldn't take the long setup on EURUSD 4 hour chart during london session.

Have a USDCHF pending short on daily chart. yesteday it bounched of 200 MA Daily and has confirmed a short setup
Trading is SIMPLE not EASY.
  • #242
  • Sep 11, 2013 6:53pm Sep 11, 2013 6:53pm
Hi Garfield75
Here is my second attempt USDCAD 4H Short. Please let me know if I am on the right track.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 13 KB
  • #243
  • Sep 11, 2013 6:56pm Sep 11, 2013 6:56pm
Quoting BuySellDubai
Hi Garfield75 Here is my second attempt USDCAD 4H Short. Please let me know if I am on the right track. {image}
The setup and your entry as per the rule is correct. Now it's market's turn to make the decision.
Trading is SIMPLE not EASY.
  • #244
  • Edited Sep 12, 2013 5:48am Sep 11, 2013 7:55pm | Edited Sep 12, 2013 5:48am
Quoting garfield75
{quote} 1greyfox. u don't need my permission to upload templates with visual changes to help out other traders. As long as the system is not altered by adding additional indicators to crowd the chart !! we all know that is how a simple system dies a complex death
Hello garfield75

I waited for your permission because I didn't want to overstep the boundaries of participant(me) and thread originator(you).

For the users of this thread who have color blindness, I remade the templates replacing the green colors with blue colors to hopefully make it easier for you to use this method for your trading.

The daily template has the 200ema moving average
The 4 hour template has the daily equivalent of the 200ema moving average(1200ema)
The 1 hour, 30 minute, and 15 minute do not have any moving averages on them.
I am also re-posting the 3colorMACD Blue.mq4 here just to keep it all organized in one place.
The 3colorMACD Blue.mq4 is required to use these modified templates.

I also changed the color of the order entry line from green to DeepSkyBlue

I wish you all great success.

1greyfox
Attached File(s)
File Type: tpl 03 macd daily BLUE.tpl   3 KB | 937 downloads
File Type: tpl 03 macd 4 hour BLUE.tpl   3 KB | 1,031 downloads
File Type: tpl 03 macd 1 hour BLUE.tpl   3 KB | 964 downloads
File Type: tpl 03 macd 30 minute BLUE.tpl   3 KB | 852 downloads
File Type: tpl 03 macd 15 minute BLUE.tpl   3 KB | 1,010 downloads
File Type: mq4 3colorMACD Blue.mq4   4 KB | 1,458 downloads
  • #245
  • Sep 11, 2013 11:12pm Sep 11, 2013 11:12pm
I have activated mikes's EA on 4 hours chart on demo account with Axitrader.

Here is the link to the account - http://www.myfxbook.com/members/garf...macd-ea/693487

Going to track it with my live account with same broker..

Once again - Thanks mike for putting in the effort.
Trading is SIMPLE not EASY.
  • #246
  • Sep 11, 2013 11:18pm Sep 11, 2013 11:18pm
Hi everyone,

I was just wondering and I am not 100% familiar with MT4 because I am using it now for only three days but.....

When we have a signal, so all three MACD's green or red it would be great that we can get a sound-signal or even better a sound-signal and a pop-up or something like that. Is this possible. Maybe MT4 has already this feature but if not, maybe someone can create this? It helps a lot!

Thanks,
Luvene
Keep it simple without too many crappy indicators!
  • #247
  • Sep 12, 2013 12:13am Sep 12, 2013 12:13am
Hi,

As I told before I am not a FOREX trader but these strategy seems to me also very good for indices like FDAX, ES, NQ and Gold. Besides these four I am using it now for two FOREX pairs, EUR/USD and GBP/USD. So I have to watch 6 ones for 4h and 6 for Daily. That will do!

I love this strategy.

Thanks,
Luvene
Keep it simple without too many crappy indicators!
  • #248
  • Sep 12, 2013 12:22am Sep 12, 2013 12:22am
Hi Garfield , thanks for allowing the different colours on my charts, would you mind checking this order for me please?
Regards Orid
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 132 KB
  • #249
  • Edited 1:24am Sep 12, 2013 12:35am | Edited 1:24am
Quoting orid
Hi Garfield , thanks for allowing the different colours on my charts, would you mind checking this order for me please? Regards Orid{image}
Looks good!!! I have the same pending order on my account!!

Edit - Pending trade triggered!!!
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.JPG Size: 92 KB
Trading is SIMPLE not EASY.
  • #250
  • Sep 12, 2013 2:12am Sep 12, 2013 2:12am
Quoting lucariga
{quote} I'm long for yesterday's DAILY signals on EURUSD USDCHF USDJPY EURJPY Let's see...
EURUSD win
USDCHF loose (trade not to take as per the rules)
USDJPY loose
EURJPY floating

Not a very good day...
  • #251
  • Sep 12, 2013 2:24am Sep 12, 2013 2:24am
Quoting lucariga
{quote} EURUSD win USDCHF loose (trade not to take as per the rules) USDJPY loose EURJPY floating Not a very good day...
Hi lucariga , I'm probably wrong ,but shouldn't the USD/CHF still be pending ?
Regards Orid
  • #252
  • Sep 12, 2013 2:26am Sep 12, 2013 2:26am
Quoting 1greyfox
{quote} Hello garfield75 I waited for your permission because I didn't want to overstep the boundaries of participant(me) and thread originator(you). For the users of this thread who have color blindness, I remade the templates replacing the green colors with blue colors to hopefully make it easier for you to use this method for your trading. The daily template has the 200ema moving average The 4 hour template has the daily equivalent of the 200ema moving average(1200ema) The 1 hour, 30 minute, and 15 minute do not have any moving averages on them....

Excellent work.
  • #253
  • Sep 12, 2013 3:07am Sep 12, 2013 3:07am
Quoting lucariga
{quote} EURUSD win USDCHF loose (trade not to take as per the rules) USDJPY loose EURJPY floating Not a very good day...
close or wait ? what do you say ?
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.JPG Size: 208 KB
  • #254
  • Sep 12, 2013 3:19am Sep 12, 2013 3:19am
Quoting kepo38
{quote} close or wait ? what do you say ? {image}

sorry for asking a stupid question.. Where is your stoploss ?
Trading is SIMPLE not EASY.
  • #255
  • Sep 12, 2013 3:34am Sep 12, 2013 3:34am
Quoting garfield75
{quote} sorry for asking a stupid question.. Where is your stoploss ?
Stop is same distance as Target. so it's always 1:1 R:R
but why i dont know remove stop point
  • #256
  • Sep 12, 2013 4:09am Sep 12, 2013 4:09am
Quoting orid
{quote} Hi lucariga , I'm probably wrong ,but shouldn't the USD/CHF still be pending ? Regards Orid
Yes, it is, but I'm refering to the one of september 10 that was not to take because of 200 EMA ...
  • #257
  • Sep 12, 2013 4:59am Sep 12, 2013 4:59am
Here is an indicator that checks for all 3 MACDs showing the same colour.

I've "borrowed" the alert code from elsewhere so it may not be perfect yet but will check current bar if required or just on previous bar. It will Alert, playsound and send email if setup correctly in MT4.

When you first put the indicator on a chart it may give the wrong message but after that it seems to work correctly.

Hope this helps

Regards

Mike
Attached File(s)
File Type: ex4 MTF MACD Signal.ex4   9 KB | 667 downloads
  • #258
  • Sep 12, 2013 5:01am Sep 12, 2013 5:01am
Quoting lucariga
{quote} Yes, it is, but I'm refering to the one of september 10 that was not to take because of 200 EMA ...
Oh yes the long signal I see that now sorry bud .
Orid
  • #259
  • Sep 12, 2013 5:18am Sep 12, 2013 5:18am
Quoting orid
{quote} Oh yes the long signal I see that now sorry bud . Orid
Yesssss
anyway neither the short of yesterday is to be traded because of EMA
  • #260
  • Sep 12, 2013 5:27am Sep 12, 2013 5:27am
Quoting magft
Here is an indicator that checks for all 3 MACDs showing the same colour. I've "borrowed" the alert code from elsewhere so it may not be perfect yet but will check current bar if required or just on previous bar. It will Alert, playsound and send email if setup correctly in MT4. When you first put the indicator on a chart it may give the wrong message but after that it seems to work correctly. Hope this helps Regards Mike {file}
I noticed a slight error to do with the AutoParams setting, it was always using D1 settings!

This is now fixed in v1.1.

Regards

Mike
Attached File(s)
File Type: ex4 MTF MACD Signal.ex4   8 KB | 833 downloads
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