Hello, everyone here on FF
I'll start by saying that some of you already know me here, and some of you already know me for a while.. I've been around on and off. I figured it's time to open up and share -- because sharing is caring.
I am starting this thread for my system I call New Generation
This system IS profitable, I am using it on my REAL account, and I have been working on this for quite a while.
The system uses 2 indicators, both are Moving Averages but separate.
The system uses Open and Close of Candles for entries and exits. Its a manual system not an EA.
That gives us the accuracy that is required to measure everything.
I'm utilizing 3rd Generation Moving Average on Default settings.
and 10.2 TMASlope True (Non-Repaint)
I use 4H time frames and 8H Time frames (still experimenting with 8H Time frames)
Anything below this is to much noise.
Besides doing that part of the system is to collect Data to establish patterns.. This is where Excel comes in. Every trade is entered into Excel.
Entry -- High -- Low -- Exit
We do that to establish patterns and maintain consistency.
Each curruncy has DIFFERENT settings!!
What that mean here is no one size fits all.. Each curruncy has different things for entries such as.. Price and difference between the Moving Average a lot of details.
ALL and ALL there is a lot of small details that are involved with this systems. This Details though are consistent in other words they don't change, if they are established and they have a pattern just need to remember before entering/exiting a trade which curruncy what to look for.
It will take me a while to get everyone to speed and post lots of examples and details and explain everything and show everything all that jazz..
Please read this carefully.
1. Be patient please there is a lot of details involved on here, and I don't know how long or how far this thread will go so if your 6 months from now.. entering this and go to the last page and ask how does this work.. READ from the START.
2. NO DRAMA -- I've been on FF for a long time, as people can see my Joined Date.. When someone posts a system it turns into a drama frenzy.. If you don't know it, don't have anything nice to say or just love to troll.. Please do this some place else. I don't want to get burned out with this thread dealing with drama.
3. PLEASE DO NOT PM (Private Message) ME With questions about this I Repeat, PLEASE DO NOT Private message me with questions about this system!!! If you have questions ask them here.
4. There is no such thing as a stupid question, if you don't understand something ask.. BUT please don't ask things that have already been covered, I know its annoying to have to read 50 pages where its so much easier to ask a question, but if everyone does that will just have same questions being asked again and again.
5. If you have an idea a comment something to add or a question if would help everyone if you posted a screen shot trying to explain something might be lost in translation but a picture is worth 1000 words.
6. I'm posting this system to share with others, but also to get back perspective because there is so many moving parts so many currencies and so much to do - Sometimes someone might be able to discover something new add something to it or generally make it better, I welcome that.
7. Do not derail this about conversations about the weather on Sunday, but lets keep it related to the system. So that we can keep the noise clear if you wish to post a trade here that you took with the systems or stuff like that perfectly fine, but as long as its all related so that when others come and catch up later on they don't read to transcripts of chat, about things not related.
8. I've been around for a while, and I'll stick around it.. I'm going to continue working on this for long time to come because it works and I hope to make it even better.
9. I will keep editing this 1st post taking things out and putting things in as time goes by to make it easier on everyone.
10. So I hope everyone who joins me, who tries this and who becomes my new best friend(s) will all have green pips for long time to come.
So now to business!
Very Important.
My settings on the system, will be different then your settings for the TMA Slope! by settings I mean what period were looking for in terms to confirm an entry. Reason for that being is that the Brokers we use have different time frames and because we use open and close candles its going to give different Slope readings on different brokers so my settings could be either to late or to early for an entry. I'm going to offer as much help on the settings as possible, and later on when more established write a tutorial about that.
I'm posting the indicators in this 1st thread next thread will start the instructions.
I'll start by saying that some of you already know me here, and some of you already know me for a while.. I've been around on and off. I figured it's time to open up and share -- because sharing is caring.
I am starting this thread for my system I call New Generation
This system IS profitable, I am using it on my REAL account, and I have been working on this for quite a while.
The system uses 2 indicators, both are Moving Averages but separate.
The system uses Open and Close of Candles for entries and exits. Its a manual system not an EA.
That gives us the accuracy that is required to measure everything.
I'm utilizing 3rd Generation Moving Average on Default settings.
and 10.2 TMASlope True (Non-Repaint)
I use 4H time frames and 8H Time frames (still experimenting with 8H Time frames)
Anything below this is to much noise.
Besides doing that part of the system is to collect Data to establish patterns.. This is where Excel comes in. Every trade is entered into Excel.
Entry -- High -- Low -- Exit
We do that to establish patterns and maintain consistency.
Each curruncy has DIFFERENT settings!!
What that mean here is no one size fits all.. Each curruncy has different things for entries such as.. Price and difference between the Moving Average a lot of details.
ALL and ALL there is a lot of small details that are involved with this systems. This Details though are consistent in other words they don't change, if they are established and they have a pattern just need to remember before entering/exiting a trade which curruncy what to look for.
It will take me a while to get everyone to speed and post lots of examples and details and explain everything and show everything all that jazz..
Please read this carefully.
1. Be patient please there is a lot of details involved on here, and I don't know how long or how far this thread will go so if your 6 months from now.. entering this and go to the last page and ask how does this work.. READ from the START.
2. NO DRAMA -- I've been on FF for a long time, as people can see my Joined Date.. When someone posts a system it turns into a drama frenzy.. If you don't know it, don't have anything nice to say or just love to troll.. Please do this some place else. I don't want to get burned out with this thread dealing with drama.
3. PLEASE DO NOT PM (Private Message) ME With questions about this I Repeat, PLEASE DO NOT Private message me with questions about this system!!! If you have questions ask them here.
4. There is no such thing as a stupid question, if you don't understand something ask.. BUT please don't ask things that have already been covered, I know its annoying to have to read 50 pages where its so much easier to ask a question, but if everyone does that will just have same questions being asked again and again.
5. If you have an idea a comment something to add or a question if would help everyone if you posted a screen shot trying to explain something might be lost in translation but a picture is worth 1000 words.
6. I'm posting this system to share with others, but also to get back perspective because there is so many moving parts so many currencies and so much to do - Sometimes someone might be able to discover something new add something to it or generally make it better, I welcome that.
7. Do not derail this about conversations about the weather on Sunday, but lets keep it related to the system. So that we can keep the noise clear if you wish to post a trade here that you took with the systems or stuff like that perfectly fine, but as long as its all related so that when others come and catch up later on they don't read to transcripts of chat, about things not related.
8. I've been around for a while, and I'll stick around it.. I'm going to continue working on this for long time to come because it works and I hope to make it even better.
9. I will keep editing this 1st post taking things out and putting things in as time goes by to make it easier on everyone.
10. So I hope everyone who joins me, who tries this and who becomes my new best friend(s) will all have green pips for long time to come.
So now to business!
Very Important.
My settings on the system, will be different then your settings for the TMA Slope! by settings I mean what period were looking for in terms to confirm an entry. Reason for that being is that the Brokers we use have different time frames and because we use open and close candles its going to give different Slope readings on different brokers so my settings could be either to late or to early for an entry. I'm going to offer as much help on the settings as possible, and later on when more established write a tutorial about that.
I'm posting the indicators in this 1st thread next thread will start the instructions.
Attached File(s)
3rdGenMA.ex4
5 KB
|
933 downloads
10.2 TMA slope true 4.30.ex4
10 KB
|
854 downloads
There are those who know, and there are those who don't know.