MAT - Moving average trendline system | Forex Factory

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MAT - Moving average trendline system

  • #1
  • First Post: Edited May 21, 2014 5:04am Apr 23, 2014 12:30pm | Edited May 21, 2014 5:04am
As the name suggests we use moving average and trend-lines to take our trades in the right direction. MAT is a simple system to trade with higher percentage of wins. For statistical lovers you can refer the Trade explorer i have attached, With out further blabber let's get straight to the system.

Time frame:

5 mins ( I personally prefer for a quick profit)

Indicators:

EMA 200 applied to close
Trend-lines ( with practice you will plot great trend-lines)

Method:

1. Wait for trend-line break followed by moving average or vice versa.

2. Place entry below the breakout candle for short trade if the mat candle(breakout candle) breaks the trend-line and MA from above and vice versa for long trade.

Trade Alerts - For instant alerts via whatsapp read this thread!!
Holy Grails! Do exist with a proper forex plan
  • #2
  • Edited 9:15pm Apr 23, 2014 12:56pm | Edited 9:15pm
How to draw a good/perfect trendlines?

Trendlines are always biased form user to user. To be more consistent and to spot the lines always use bar chart and avoid using candlesticks. I always use two Turning points as trendlines. You can see from the chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: mat trendline.png Size: 25 KB
Holy Grails! Do exist with a proper forex plan
  • #3
  • Apr 23, 2014 8:02pm Apr 23, 2014 8:02pm
Quoting pip trader
How to draw a good/perfect trendlines? Trendlines are always biased form user to user. To be more consistent and to spot the lines always use line chart and avoid using candlesticks. I always use two Turing points as trendlines. You can see from the chart below.{image}
Line chart? Did you mean "bar chart"?

What is "Turing points"? Did you mean to say "turning points"?
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #4
  • Apr 24, 2014 1:09am Apr 24, 2014 1:09am
Hi pip trader please see my chart and let me know my mistakes

thanks regards
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdm5.png Size: 49 KB
  • #5
  • Apr 24, 2014 2:32am Apr 24, 2014 2:32am
Quoting jeetvirk
Hi pip trader please see my chart and let me know my mistakes thanks regards {image}
Your entry is good, as the rule states it can break trend-line or moving average first.
Holy Grails! Do exist with a proper forex plan
  • #6
  • Apr 24, 2014 2:36am Apr 24, 2014 2:36am
Here you go, a live trade in EU for 10 pip ride up. It is a 5 min time frame
Attached Image (click to enlarge)
Click to Enlarge Name: EU live.png Size: 22 KB
Holy Grails! Do exist with a proper forex plan
  • #7
  • Apr 24, 2014 2:46am Apr 24, 2014 2:46am
Quoting pip trader
Here you go, a live trade in EU for 10 pip ride up. It is a 5 min time frame {image}

pip trader,

Does this strategy apply to any pair, or only those specified on your first post?
  • #8
  • Apr 24, 2014 2:58am Apr 24, 2014 2:58am
Quoting Knez
{quote} pip trader, Does this strategy apply to any pair, or only those specified on your first post?
Been trading only these pairs with high percentage of success, devising a separate strategy for EJ and GJ will add it once i forward test it. Right now you can employ it in above said pairs.
Holy Grails! Do exist with a proper forex plan
  • #9
  • Apr 24, 2014 3:01am Apr 24, 2014 3:01am
Quoting pip trader
Here you go, a live trade in EU for 10 pip ride up. It is a 5 min time frame {image}
5 min candle zoom passed our target!!moved 20 pips away from our entry
Holy Grails! Do exist with a proper forex plan
  • #10
  • Apr 24, 2014 3:03am Apr 24, 2014 3:03am
Quoting pip trader
{quote} Been trading only these pairs with high percentage of success, devising a separate strategy for EJ and GJ will add it once i forward test it. Right now you can employ it in above said pairs.

EJ and GJ is what I am most interested in. Looking forward to hear that strategy of yours.

Thanks.
  • #11
  • Apr 24, 2014 3:12am Apr 24, 2014 3:12am
Hi Pip trader,

thanks for sharing this method. It seems to give very clear input signals. I will check it out and see how it performs.
  • #12
  • Apr 24, 2014 3:15am Apr 24, 2014 3:15am
Good day, Pip Trader. Thank you for useful information. Do I understand the idea? Draw two trend lines and the rebound back opening the deal to purchase. Thank you for your attention and understanding.
Attached Image (click to enlarge)
Click to Enlarge Name: THIS.png Size: 862 KB
  • #13
  • Apr 24, 2014 3:20am Apr 24, 2014 3:20am
Quoting Tamper
Good day, Pip Trader. Thank you for useful information. Do I understand the idea? Draw two trend lines and the rebound back opening the deal to purchase. Thank you for your attention and understanding. {image}
No need to wait for the rebound, you can enter straight away 1 pip above MAT candle. if your TP is not hit the there can be reentry when the price retrace back to entry above MAT candle. I will explain reentry with illustration soon.
Holy Grails! Do exist with a proper forex plan
  • #14
  • Apr 24, 2014 5:37am Apr 24, 2014 5:37am
Pip trader just looking back at few charts, we can combine your system with high impact news to trade as well. here is a chart of EURAUD with yestardays news.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudmat.png Size: 57 KB
  • #15
  • Apr 24, 2014 5:42am Apr 24, 2014 5:42am
Quoting pip trader
{quote} Your entry is good, as the rule states it can break trend-line or moving average first.
First can break the trend line and then moving average is considered? And looking at the picture below, you might say? There is no MAT?
Thanks in advance.
Attached Image (click to enlarge)
Click to Enlarge Name: this2.png Size: 439 KB
  • #16
  • Apr 24, 2014 7:06am Apr 24, 2014 7:06am
what about white circle..?

Attached Image
My Best Trade is Next Trade!
  • #17
  • Apr 24, 2014 7:36am Apr 24, 2014 7:36am
Miss this trade
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym5.png Size: 38 KB
  • #18
  • Apr 24, 2014 10:05am Apr 24, 2014 10:05am
Interesting system pip trader. Looking forward to more posts from you.
  • #19
  • Apr 24, 2014 10:38am Apr 24, 2014 10:38am
Quoting Tamper
{quote} First can break the trend line and then moving average is considered? And looking at the picture below, you might say? There is no MAT? Thanks in advance. {image}
any one can break first but both getting broken with MAT candle gives us strong signals. This picture i will refrain from entering the trade.
Holy Grails! Do exist with a proper forex plan
  • #20
  • Apr 24, 2014 10:42am Apr 24, 2014 10:42am
Quoting MAM.Trader
what about white circle..? {image}
What you have drawn can also be considered, i will personally not take the second point as turning point. If you still have taken the trade, it would not have hit your stop loss. Losses will happen in all the system, MAT is not immune to it!!
Holy Grails! Do exist with a proper forex plan
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