Multi time frame Simple MACD system | Page 36 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

RSI Multi Time Frame Indicator/System 147 replies

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Help with simple multi time frame fractal comparison indicator 8 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: Multi time frame Simple MACD system
Exit Attachments

Multi time frame Simple MACD system

  • #701
  • Oct 31, 2013 1:17am Oct 31, 2013 1:17am
heres a 1 hour missed some good ones today, must be a good day for trading
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 191 KB
  • #702
  • Oct 31, 2013 5:00am Oct 31, 2013 5:00am
my H4 demo running stock does well, definitely has an edge, but then loses a lot of its gains. still up overall.

orid, the thought of a filter to get rid of the losers is definitely a good idea, keep us posted

Quoting orid
Wheres everyone ive ben goofing on demo , working some filters heres a H4 on demo , my filters wont say what they are yet but pretty sure this is a win {image}
  • #703
  • Oct 31, 2013 7:39am Oct 31, 2013 7:39am
Quoting orid
Wheres everyone ive ben goofing on demo , working some filters heres a H4 on demo , my filters wont say what they are yet but pretty sure this is a win {image}
Good morning orid or should I say Secret Agent Man?

I do hope they work for you.

I had a EUR/JPY trade running which got stopped out at BE+5. Other than that I have been doing more studying on what we discussed privately. I guess that makes me a Secret Agent Man also!

It is disheartening that garfield75 hasn't been around to post any charts of his trades(successful or not) and today is the last day that the demo EA's will be working. It is beginning to appear like a deserted ghost town(Halloween joke) around here. Maybe the ghouls will bring this thread back to life, or better yet, you posting hundreds of winning trade charts. Hopefully, I will get some posted also.

Have a great day and much success to you my friend.

1greyfox
  • #704
  • Oct 31, 2013 7:49am Oct 31, 2013 7:49am
Quoting blamshakk
my H4 demo running stock does well, definitely has an edge, but then loses a lot of its gains. still up overall. orid, the thought of a filter to get rid of the losers is definitely a good idea, keep us posted {quote}
Good morning blamshakk.

Thanks for providing an update on your progress, it is good to see that not everyone has abandoned the thread.

Garfield75 uses the filter of being too close or on the 1200ema(daily 200ema) for not entering a trade.

I added a 200ema on the 4 hour chart and use that as an additional visual filter for entering or not entering a trade, same reasoning as used for the 1200ema. I also look to see if are near a double/triple top or bottom before entering a trade. Basically, if I can't get a comfortable minimum of 1:1 I skip the trade and look elsewhere.

On the EUR/JPY which I got stopped out on for a BE+5, would have been a full win if I just aimed for the 1:1 Risk/Reward instead of looking for more. So, if I just followed the 1:1 rule instead of aiming for more then I might be doing better in the win column.

Have a great day.

1greyfox
  • #705
  • Oct 31, 2013 7:57am Oct 31, 2013 7:57am
Quoting orid
heres a 1 hour missed some good ones today, must be a good day for trading{image}
Hi orid.

Looking at my chart it appears this one didn't move in your direction as you planned.

Since the setup candle didn't offer at least a 1:1 Risk/Reward before reaching yesterdays low, this trade would have been questionable for me. I guess this could be another filter for you to use. The same could be said if it was near yesterdays high, if no easy 1:1, no trade.

1greyfox
  • #706
  • Edited 3:45pm Oct 31, 2013 8:19am | Edited 3:45pm
Good morning everyone.

Looking at the current list of pending orders at 9AM eastern time October 31,2013(attached pic), the only one that makes any sense is the GBP/NZD(pic attached) because it isn't near the 1200ema(daily200ema) or extended beyond the ADR of the setup candle.
Attached Image


I am attaching the 4 hour chart of the AUD/CHF which should not have had a pending order triggered because it is at the 1200ema(daily 200ema) and no 1:1 Risk/Reward is present.

1greyfox
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2013-10-31 GBPNZD 4H.gif Size: 34 KB
Click to Enlarge Name: 2013-10-31 AUDCHF 4H.gif Size: 35 KB
  • #707
  • Oct 31, 2013 9:47am Oct 31, 2013 9:47am
some trades i missed today ,
Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 186 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.JPG Size: 198 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 3.JPG Size: 192 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 4.JPG Size: 192 KB
  • #708
  • Oct 31, 2013 9:57am Oct 31, 2013 9:57am
Quoting 1greyfox
{quote} Hi orid. Looking at my chart it appears this one didn't move in your direction as you planned. Since the setup candle didn't offer at least a 1:1 Risk/Reward before reaching yesterdays low, this trade would have been questionable for me. I guess this could be another filter for you to use. The same could be said if it was near yesterdays high, if no easy 1:1, no trade. 1greyfox
Thanks for the advice Greyfox , ive posted those others which are the charts i watch , and are all winners, ha ha trust me to pick the only loser , to trade
,murphys law. oh yes and the four hour missed tp of 31 by5 pips and i pulled out for + 13
Orid
  • #709
  • Oct 31, 2013 10:17am Oct 31, 2013 10:17am
there was a time when i picked mostly winners , in this one ,off to bed in ten, nighty all
Attached Image (click to enlarge)
Click to Enlarge Name: in this.JPG Size: 216 KB
near round nunber may be problemo
  • #710
  • Oct 31, 2013 10:45am Oct 31, 2013 10:45am
seems to pull up just short too many times for my liking
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 209 KB
  • #711
  • Oct 31, 2013 10:50am Oct 31, 2013 10:50am
tp at 934 price got to 935 unbelievable youd think i put a brick wall there
Attached Image (click to enlarge)
Click to Enlarge Name: new.JPG Size: 220 KB
edit ok it knocked the wall down im happy
gnite
  • #712
  • Oct 31, 2013 9:21pm Oct 31, 2013 9:21pm
Morning all , ok this is a big candle on 1 hr chart 45 pips , but according to my filters is good for at least another 30
wish me luck.
Attached Image (click to enlarge)
Click to Enlarge Name: high.JPG Size: 220 KB
  • #713
  • Oct 31, 2013 9:29pm Oct 31, 2013 9:29pm
Quoting blamshakk
my H4 demo running stock does well, definitely has an edge, but then loses a lot of its gains. still up overall. orid, the thought of a filter to get rid of the losers is definitely a good idea, keep us posted {quote}
Hi Blamshakk, Im doing lots of testing if i find a good formulae i will get in touch with Garfield and check with him on anything and then post here with his permission , meanwhile ill keep posting trades, I think this system is really good . the big problem i think as with most systems is working out when to rely on it , identifying the market at the time . me being very new to this doesnt help me explain very well, my appologies, but being new I have lots of my own fresh ideas, oh one thing is that this trade i posted is also showing on the 4 hour , one of the obvious plusses, to confirm
Regards Orid ,
any chance of posting your results?
  • #714
  • Oct 31, 2013 10:55pm Oct 31, 2013 10:55pm
Quoting orid
Morning all , ok this is a big candle on 1 hr chart 45 pips , but according to my filters is good for at least another 30 wish me luck. {image}
Hmm nice 40 pips on that , thanks for the wishes.
wish that was on my live but patience .
  • #715
  • Nov 1, 2013 3:16am Nov 1, 2013 3:16am
in this one, only second signal today on my pairs should be a winner. crossing fingers
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 202 KB
  • #716
  • Nov 1, 2013 3:58am Nov 1, 2013 3:58am
Quoting orid
in this one, only second signal today on my pairs should be a winner. crossing fingers{image}
well that ended at BE + 5 pips not sure wether to re enter ?
maybe 45 pips for a friday should be enough .
  • #717
  • Nov 1, 2013 4:06am Nov 1, 2013 4:06am
this one looks ok but my other rules say beware so i wont trust it.
have a nicw weekend all.
regards orid
Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 180 KB
  • #718
  • Nov 1, 2013 6:23am Nov 1, 2013 6:23am
Quoting orid
in this one, only second signal today on my pairs should be a winner. crossing fingers{image}
Good morning orid.

I took the liberty of marking up your GBPUSD chart with a couple of observations as to why I think the trade didn't work out as planned.

Enjoy the weekend.

1greyfox
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 1H orid.gif Size: 212 KB
  • #719
  • Nov 1, 2013 6:27am Nov 1, 2013 6:27am
Quoting orid
this one looks ok but my other rules say beware so i wont trust it. have a nicw weekend all. regards orid{image}

Good call on this orid.

I would have skipped it because of the size of the upper wick and also because that wick set the weekly high, it will be interesting to see if that remains the high or it gets broken to end the week, then a possible big gap down on the Sunday night open to trap all the long holders who didn't close their trades before market close.

1greyfox
  • #720
  • Nov 1, 2013 7:41am Nov 1, 2013 7:41am
Quoting 1greyfox
{quote} Good call on this orid. I would have skipped it because of the size of the upper wick and also because that wick set the weekly high, it will be interesting to see if that remains the high or it gets broken to end the week, then a possible big gap down on the Sunday night open to trap all the long holders who didn't close their trades before market close. 1greyfox
you describe things much better than me Greyfox, thankyou although i actually try not to worry too much on resistances too much, the trade before that went for around 50 was similar circumstances also im not sure if sometime it pays to turn a blind eye , from my vey limited experience. but then again live trading is another story , Ive made around450 pips this week after losses and commission on demo, as you would expect , , definately a different kettle of fish. if you pardon the expression, did you have fish for breakfast yet?
regards Orid
1 trader viewing now