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Multi time frame Simple MACD system

not good yesterday lost another 50 pips.
managed to get back 23 0n this today
have a nice weekend all .
regards orid
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mike and garfield

i have been demoing the most updated version of the EA since sept 24th on 4H charts and so far think it definitely has an edge in its present form. so far satisfied with the results. are there any plans to remove the demo restriction and oct 31st expiry?

many thanks
Quoting orid
not good yesterday lost another 50 pips. managed to get back 23 0n this today have a nice weekend all . regards orid {image}
Hi orid.

Sorry to hear about the turmoil you are currently experiencing.

In previous posts I mentioned reasons(suggestions) why this week wasn't a good week for trading, one can only offer suggestions, it is up to the person reading it to accept it or reject it.

On the GBP/USD trade what were the reasons fr closing it early? Was it because it was retracing back up and you saw the profits shrinking(fear), or was it because of some analysis that caused you to lose confidence in the trade? I ask this because when I first read your post I got the feeling that you are losing the optimism you had before you opened the live account.

Try to relax and forget about this week, it has been a tough week for trades. Start fresh next week.

1greyfox
Good morning everyone.

This was a trade on the EUR/USD 4 hour chart.

I forgot to make a pic of it when the trade closed so that is why you see 5 candles after the closing candle.

I think many of you who took this trade ended it in a breakeven+5 or so position because of the 5th candle after the setup candle was drawn. Since I aim for larger take profit targets, I don't move my stop to BE+5 until price hits the 1:1 area. That is my rule, no the normal garfield75 rules.

Have a great weekend everyone.

1greyfox
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Quoting 1greyfox
{quote} Hi orid. Sorry to hear about the turmoil you are currently experiencing. In previous posts I mentioned reasons(suggestions) why this week wasn't a good week for trading, one can only offer suggestions, it is up to the person reading it to accept it or reject it. On the GBP/USD trade what were the reasons fr closing it early? Was it because it was retracing back up and you saw the profits shrinking(fear), or was it because of some analysis that caused you to lose confidence in the trade? I ask this because when I first read your post I got...
Hi Greyfox thanks for your concern,
I do appreciate your advice ,
I cant explain what it is.It must be a brain tumor lol if I had carried on as normal I would be in front I think it maybe because i'm looking for more reasons not to enter or reasons why I shouldn't have entered, (thinking too much) I just got to relax and let it ride.
Walk away from the pc once ive set the trade,
Its not the fear of cash loss.
Its not as if I can lose much at 10 cents a pip ,I think its the fear of losing the game.
Hard to explain ,
Anyway thanks again , I will try again next week
Regards orid
Quoting orid
{quote} Hi Greyfox thanks for your concern,
Its not the fear of cash loss. Its not as if I can lose much at 10 cents a pip ,I think its the fear of losing the game. Hard to explain , Anyway thanks again , I will try again next week Regards orid
Hi orid.

I highlighted part of your post in red here because I think you hit the nail on the head.

You are rationalizing a contradiction of thought, It isn't the cash, its losing the game??? Isn't losing the game cash loss?

If it isn't about the money then just take the trade like you were doing on demo and all should be fine.

I know its Friday and I am sorry for picking on you, BUT I am concerned because I know you are better than what you have done since going live this week.

1greyfox
Quoting 1greyfox
{quote} Hi orid. I highlighted part of your post in red here because I think you hit the nail on the head. You are rationalizing a contradiction of thought, It isn't the cash, its losing the game??? Isn't losing the game cash loss? If it isn't about the money then just take the trade like you were doing on demo and all should be fine. I know its Friday and I am sorry for picking on you, BUT I am concerned because I know you are better than what you have done since going live this week. 1greyfox
Correct my friend I will trade like a demon next week , if I can find out how a demon can trade?
One thing that is bothering me is that the demo is showing a little different to live , (different signals) some of the candles are also slightly different shape , same times and all else is same weird ive sent them a screen shot with please explain ,. well I have to have some excuse.
just thought I'd post these , different candles different signals
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Quoting orid
just thought I'd post these , different candles different signals {image}
Hello orid.

It is obvious your broker is using 2 different price feeds between demo and live. Your live chart looks like my live and demo charts for the 1 hour candles. However, that being said if you are trading live then ONLY look at the live chart for entries. You will drive yourself loonie if you try to make sense out of brokers reasons for doing what they do.

You might want to download another Australian brokers platform and see if their demo charts match your live chart. If you find another broker who uses the same feed for live and demo you may want to switch to them for trading if it will make you feel more confident.

1greyfox
Quoting 1greyfox
{quote} Hello orid. It is obvious your broker is using 2 different price feeds between demo and live. Your live chart looks like my live and demo charts for the 1 hour candles. However, that being said if you are trading live then ONLY look at the live chart for entries. You will drive yourself loonie if you try to make sense out of brokers reasons for doing what they do. You might want to download another Australian brokers platform and see if their demo charts match your live chart. If you find another broker who uses the same feed for live and...
Yes well when I originally downloaded their demo I did ask them if it was exactly the same as I did have every intention of going live with them eventually,
they assured me it was the same, exactly the same feed except for the filling of orders on live might be a little slower, as you would expect.

Now to find this out after 4 months trading on a demo that is not the same at all with this system at least , well feel like four months wasted.

Ill just have to buckle down forget the demo . I don't fancy checking both before every trade, probably works out pretty much the same.

The fishing wasn't no good . bad week all round for me , heh we forgot the bait , had to use the lures .

I want that boat you showed ,does it come with chairs? and a fish finder?

All the best for the next round
Regards Orid
Quoting orid
{quote} Yes well when I originally downloaded their demo I did ask them if it was exactly the same as I did have every intention of going live with them eventually, they assured me it was the same, exactly the same feed except for the filling of orders on live might be a little slower, as you would expect. Now to find this out after 4 months trading on a demo that is not the same at all with this system at least , well feel like four months wasted. Ill just have to buckle down forget the demo . I don't fancy checking both before every trade, probably...
Hi orid.

Don't think of it as 4 months wasted because you did learn a lot over that time. As to the demo live feed differences, its just another one of the broker anomalies that happen. I wouldn't like if it happened to me especially if I was told they were the same feed.

No Bait!!! Shame on you. Fishing is like trading, never really know what will happen next. No chairs for the boat, FishFinder is a pair of goggles so you can stick your head in the water and then gurgle here fishy, fishy...

A new week is on the horizon, so dust yourself off and lets do it again.... the right way.

1greyfox
Here we go,
Greyfox I already have one of those fishfinders ,I was hoping to upgrade.
Can't get this Be thingy to work tried all sorts of combinations of digits,
May have to find another
.Regards Orid
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looking good
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always great to start the week with a winner !!!
Trading is SIMPLE not EASY.
MFF 200K Return This Year: -0.2%
Quoting garfield75
always great to start the week with a winner !!!
Thankyou Garfield , im in with a vengeance today ,gotta show that fox who has the best boat and pip finder LOL ,
Hope I don't be eating those words by this evening.
@ winner today an + 18 and + 33. heres another im in
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This one is worth 40 pips if all goes well, could turn into a 4 hour.
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Attached File
File Type: zip BreakEven_v2.zip   8 KB | 307 downloads
Attached File
File Type: zip Swiss Army EA v1-51.zip   120 KB | 295 downloads

Just put these up
the breakeven v2 is magic nice and simple for yours truly lock in pips .

Ive been (trying to use these ) and had no problems and scanned them with my anti virus checker,but im not that savy with these things ,so check them out for your self please,
regards orid
my trades today ,live !
1 hour 2 wins + 50 pips
1 BE the 40 pipper
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1 still waiting waiting. as attached
Regarsd Orid
  • Post #639
  • Quote
  • Edited at 5:30pm Oct 7, 2013 4:52pm | Edited at 5:30pm
Quoting garfield75
always great to start the week with a winner !!!
Please can you tell if the 3colorMACD repaints ?
Quoting dbest
{quote} Please can you tell if the 3colorMACD repaints ?
Yes it repaints on the current bar. We trade on the close of the bar, so it's 1 before the current bar
Trading is SIMPLE not EASY.
MFF 200K Return This Year: -0.2%
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