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A "new" simple system based on MA

  • #1,041
  • Sep 27, 2013 7:01am Sep 27, 2013 7:01am
part is closed +12, the rest leave where she wants to go
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  • #1,042
  • Sep 27, 2013 2:51pm Sep 27, 2013 2:51pm
Hello. Today's trade was a break even.

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It's the same trend that tranta's trade but a little bit later.

Regards,
Dragon
  • #1,043
  • Sep 29, 2013 2:45am Sep 29, 2013 2:45am
Hi Tantra,

Looking at your trade, I think that your entry is not based on the system. Why ? Because the philosophy of the system is to capitalize on an established trend timing your entry on a good pullback. Then, you entered at the top of a range (resistance) the market broke up few minutes later. So your trade is positive but a little bit risky. For me the "right" entry (according to my system) is around 12h27 just around 1,3513. At this moment the trend is established and we have a good pullback, confirmed by price action and the stochastics (oversold). You can enter safely with a tight SL (7 pips). After 20 minutes, the market rose up with 20 pips. That means a R/R ration of 3....

Also, is it the 200 MA that you put in your charts ? That could be a good trend indicator on higher TF, but I personnally prefer to check on 5 and 15mn if I trade the 1mn TF. But it's up to you.

Quoting tantra
part is closed +12, the rest leave where she wants to go {image}
  • #1,044
  • Sep 29, 2013 3:05am Sep 29, 2013 3:05am
Hello Dragon,

I can see tha you changed your template. I think it is not a good idea beacause you have to master the indicators you use. Also, I dont see oscillators anymore !? Oscillators are really helpful to confirm pullbacks ! I can see you use Parabolic SAR. Personnally I dont like this indicator and this is a trend indicator not an oscillator. So now you have only trend indicators on your charts and no timing ones (oscillators). It is not optimal I think ! MAs and ParSAR tell you the ame thing.....and you can see that MAs are best for my own ! I know some traders who trade this system without oscillators....but they trade on higher TF and only with PA to find the best PB. They are all experienced traders, some of them were professionnals working as traders in bak institution like Societe General or HSBC (this is the case of my friend who explained me this system). I dont think that we have his experience and it is safer to have confirmation. If you dont like Sto you can use RSI, Momentum etc....it's up to you. But this is my advice : use this system with MAs, a trend indicator (DMI or MACD are good ones), and an oscillator which will help you to identify the best pullbacks (Stochastics, or RSI for example).

Quoting dragonspeak
Hello. Today's trade was a break even. {image} It's the same trend that tranta's trade but a little bit later. Regards, Dragon
  • #1,045
  • Edited 11:23am Sep 29, 2013 10:45am | Edited 11:23am
Quoting hmaoui
Hi Tantra, Looking at your trade, I think that your entry is not based on the system. Why ? Because the philosophy of the system is to capitalize on an established trend timing your entry on a good pullback. Then, you entered at the top of a range (resistance) the market broke up few minutes later. So your trade is positive but a little bit risky. For me the "right" entry (according to my system) is around 12h27 just around 1,3513. At this moment the trend is established and we have a good pullback, confirmed by price action and the stochastics...
Yes. You are quite right about the exact entrance at 12:27. I just posted the entrance, but here is my picture I see! really risky input for 1 min, but 5 and 15 seems to me a good pullback.
Yes, I use the 200 MA. 400 = 200 in 30 min on a 15 min.
15 min see divergence stohastits and 5 min macd above 0. Yes, I recommend all the time with a large time frame
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  • #1,046
  • Sep 29, 2013 11:13am Sep 29, 2013 11:13am
here are some of my inputs when I met with this system in this forum right here
and some missed opportunities while I study
Some may be risky, others are good. but I am happy and grateful that there are so many selfless people who do this for others
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  • #1,047
  • Sep 30, 2013 5:05am Sep 30, 2013 5:05am
Hi Hmaoui, Thanks to share your strategy here.
A question for you. I only have Metatrader 4. In MT4, what is the same indicator that works the same as DMI?
thanks in advance
  • #1,048
  • Sep 30, 2013 8:11am Sep 30, 2013 8:11am
I missed the aggressive signal in 13:02 because I had lunch.
But I waited for a better next signal. Part closed +18, the other what happened. last day of the month expected closing of positions of the major players for the upcoming news in October
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  • #1,049
  • Sep 30, 2013 8:14am Sep 30, 2013 8:14am
Quoting Awakening
Hi Hmaoui, Thanks to share your strategy here. A question for you. I only have Metatrader 4. In MT4, what is the same indicator that works the same as DMI? thanks in advance
Hello, Awakening!

You can also use DMI in MT4. Here it is.
Attached File(s)
File Type: ex4 DMI.ex4   8 KB | 422 downloads
File Type: mq4 DMI.mq4   7 KB | 486 downloads
Let's go with the flow
  • #1,050
  • Sep 30, 2013 9:57am Sep 30, 2013 9:57am
First trade of the week, 8 pips but i could have made more than that! I need to improve the exit.
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  • #1,051
  • Sep 30, 2013 10:58am Sep 30, 2013 10:58am
one missed good input .. It is clearly seen how fast and slow MA are outstretched in our direction of divergence in 1, 5,15 мин , second entrance at 16:16, the system was risky for me because I assumed that there gathered many orders to sell 1.62. First touch at this level of the last 39 weeks .
But the market is here tomorrow and creating new opportunities for new entries
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  • #1,052
  • Sep 30, 2013 11:55am Sep 30, 2013 11:55am
Quoting alexx90
First trade of the week, 8 pips but i could have made more than that! I need to improve the exit. {image}
yes, you're right to be improved exit. In the green sector I opened a big lots and I closed them to pieces. BUT in the orange box opened with a minimum of 0.01 and then regretted that I left with only 29 pips.,
The system can be developed to more than 100,200 and possibly more than 300 pips on the trend .. So I see that with the exit
8 are 8 tomorrow is a day too ...
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  • #1,053
  • Sep 30, 2013 1:57pm Sep 30, 2013 1:57pm
Quoting artem_t
{quote} Hello, Awakening! You can also use DMI in MT4. Here it is. {file} {file}
Hi artem, thanks to reply. But If I'm not wrong, on the first pages of this thread, I read that DMI on MT4 is different with DMI which is hmaoui refers on his chart (because he is using different platform). Isn't it?
Thanks
  • #1,054
  • Sep 30, 2013 4:39pm Sep 30, 2013 4:39pm
Quoting Awakening
{quote} Hi artem, thanks to reply. But If I'm not wrong, on the first pages of this thread, I read that DMI on MT4 is different with DMI which is hmaoui refers on his chart (because he is using different platform). Isn't it? Thanks
If I remember properly, that was about the difference from ADX - not DMI. Check the post #287 by Dragonspeak.
Let's go with the flow
  • #1,055
  • Oct 1, 2013 6:32am Oct 1, 2013 6:32am
Quoting artem_t
{quote} If I remember properly, that was about the difference from ADX - not DMI. Check the post #287 by Dragonspeak.
hi artemt..thanks for your generous help. Will watch closely on DMI now. Thank you so much
  • #1,056
  • Oct 1, 2013 7:18am Oct 1, 2013 7:18am
Quoting Awakening
{quote} hi artemt..thanks for your generous help. Will watch closely on DMI now. Thank you so much
You are welcome!

P.S. I've sent you PM - please, check it when you have time.
Thanks.
Let's go with the flow
  • #1,057
  • Oct 1, 2013 3:36pm Oct 1, 2013 3:36pm
Hello Hmaoui

Thank you for the advice. I don't user SAR for my entries I use it for the exits. That's how I traling my SL. And about the oscillators, I'm trying to do with out them. Let's see how it goes

Regards,
Dragon

Quoting hmaoui
Hello Dragon, I can see tha you changed your template. I think it is not a good idea beacause you have to master the indicators you use. Also, I dont see oscillators anymore !? Oscillators are really helpful to confirm pullbacks ! I can see you use Parabolic SAR. Personnally I dont like this indicator and this is a trend
  • #1,058
  • Oct 3, 2013 11:23am Oct 3, 2013 11:23am
Quoting Awakening
{quote} hi artemt..thanks for your generous help. Will watch closely on DMI now. Thank you so much
Hello. Sorry for my late answer. I confirm DMI is thé Same only adx is quietly différent. Welcome in this thread. You can ask for any question I will try to help you.
  • #1,059
  • Oct 3, 2013 11:25am Oct 3, 2013 11:25am
Quoting dragonspeak
Hello Hmaoui Thank you for the advice. I don't user SAR for my entries I use it for the exits. That's how I traling my SL. And about the oscillators, I'm trying to do with out them. Let's see how it goes Regards, Dragon {quote}
Ok Dragon. Are thé résults better or not ?
  • #1,060
  • Oct 10, 2013 8:27am Oct 10, 2013 8:27am
Hello from me.
here today 2 entry.
8:19 Break new peak. after the price and fast MA are already drilled 200 MA + stochastic divergence, and London is open.
9:41 as system, good press + stochastic below 20
9:08 Aggressive missed entry.
Close parts. total 6 +10 +13 +16 +20 + 2 x 22 = 109 pips
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