A "new" simple system based on MA

Hello guys, I got this topic and now I see that there are more than 60 pages to check. Could anyone provide this template so I can download?
Would you like to test. This seems to me a bit with the bow.
When you're walking away, no one lost? All indicators show trouble when walking side. To follow trend, just the moving averages of 30.50 and 100 in the h1 chart (who want to try).
Thank you!

Yes, yes I don't know, it's the best expression, but yes, gift or present, so it was useful for me
I back-tested the system 1 week ago (M5, M15, H1), and my winrate growed from 22% to 56% with R:R 1. My first goal is the good setup. I'll continue this some weeks long, to master the setup. After this i'll try to made a good MM and position managment.

Did you simulate or look backward?

Hello, i use forextester program to simulate trades on EURUSD and USDJPY from 2001.01.01. to present. Good prog, similar to metatrader, you can place order, view accout history etc.

Hello all followers. A trade I just have taken and exited. You can see on the 1h chart attached that there is a nice bullish divergence between Sto, MACD, and the price. So, after a nice down move, we could expect a bullish acceleration. To be in the move soon, we can check on shorter TF.

On the 15mn chart, we can see that price broke the EMAs, and tat PP is a real interesting support. The 5mn chart confirm that PP is a strong support. But we dont any clear entry point on this chart.

I moved on a 100 ticks chart. Here we had a nice break and a very interesting pullback on the LT EMAs with nice constrainement of price. It is confirmed by Stochastics level and also DMI and MACD. I entered at 138,45, put my SL at 8 pips so and a target near the R1 level at 138,60. It means 15 pips of profit risking 8 pips so a R/R ration of 2. As you put a SL at 8 pips, you can take 34 mini lots for a 10K€ account (risking 2% of your capital) and get a total profit of 510 pips (368€). I am done for the day !

The key of this successful trade was the selection of the market (very important), and discipline/patience waiting for a good setup (even more important). As it is the end of the week, I want to get a quick profit so I dont let it run. It may go higher but I dont care because I dont like to keep my position over week-end.

Hello ! I am back at home. I saw that €/Y reached the R2 level at 138,83 ! As I told you it may go higher but I dont care. I am done for the day. Hope that some of you took the same trade or another ? Let me know !

Hi Hmaoui,

nice trade - it went even to the weekly open(NY server time). Price kicked out pivot and London open and then changed direction up.
Look, how many times during the week after the broken of the weekly open(= most last week close in forex) the main direction changes(of course, that produces the candle color, green or red and style) or comes back.
Important for the big guys, the weekly and month close(and of course quarter and year end). Somebody wrote here in FF, that it is not important for the big guys to control the days final, but the week/month high/low and the end price of week and month, so the result of that final day of week/month(because of their fonds, and salary). At that days, you can see some strange moves, even against the main direction (so, be careful at the afternoon of that days, special US time).
My 2 cents input for the weekend.....
Will write you, great, that you posted some stuff.

opips

I see that it is no longer 5,3,3 stochastic, rather something like 20,3,3 - correct? What is the reason?

Thanks.

Just to wait for a nice set up.
Today EU.
Again, thanks Hmaoui.

I spent the last couple of days writing some alarming for HMAOUI. Basically uses the STOC and DMI and Guppies to play a wave file for me. Today the trades at 11:30 GMT worked out nicely.


the one hours chart only shows that the PP acts as support for this trade....

I tried different EA's over the last two weeks and none actually were consistently profitable.

Now long on UJ on 5 mins. A+ set up.

Edit: ended at BE

Hello guys. Just a chart (Dax30) to show you how you can trade safely with this system : when a down trend is established, you sell rallies confirmed by stochastics. You enter again and again until the trend is over (consolidation or reversal). In this case you have 6 possible entries and only one would have been a losing ! The first entry was a little bit over 9950 and the definitive exit was just under 9850 ! It means more than 100 pips in less than a week. If you took all the pullbacks (5 winning and one losing) your average price was around 9915 and your exit near 9850. On 6 contracts it means (9915-9850) x 6 = 65 pips x 25€ = 1625€.

Hello. The trend is bullish after the move yesterday. On this 15min chart, we can see that price are above the PP and DMI+>DMI-. There was a hammer just above the PP so I would take long trades....BUT : There is a resistance @1,3694 and the RN 1,3700. Also Stochastics are near the overbought level. So I dont move right now. Even if we have a pullback, look at the LT EMAs which are flat. Until it broke the 1,37 level it seems to be dangerous to enter long on my opinion. We can have a flat market or a correction. Patience is the key : wait for A+ setups !

Can you see the price behavior ??? Of course you can make pips in a choppy market but the risk is higher (false B/O or B/D). And the range is on ly 15 to 20 pips maximum. This is a pure example of a no trade situation according to this system which is a "trend is your friend" system. For those who want to trade flat markets, you can make pips playing S/R but it is not the philosophy of this system. I tell you that because I received many messages where some people tell me that we can increase the results playing the pivot points. But in this system, daily PP are used to give us intraday S/R no more. You are free to trade flat markets system, but honestly I really prefer to trade in a clear trend because the odds are our side. And trading is all about psychology and odds !!! When you understand that you will get pips on a regular basis and will get your monthly income !

For those who trade also on LT TF such as 1h or 4h (where this system is a killer) weekly pivots are key S/R levels !

As usual, thank you very much hmaoui for posting your trades and trading tips here (I would like to see more of them and more often though).

Question to all: the DMI indicator that I downloaded from the thread (and another one that I found on the net) does not allow me to change the colour of the lines and their thickness. I tried to change code, entering the different colours (want the D+ to be green rather than lime or limegreen) and thickness (want lines to be thickness 2), complied - the indicator becomes totally invisible, just a thick green line at the bottom of the indicator window. Does anyone have a version of DMI that allows to change these parameters? (I am using MT4 ver.4, build 646).

Thank you!

You are welcome Midnightrun ! I dont post many charts because trading is the most important source of income for me so I stay focus on trading. I run a trading room where I have to post and explain my trades to students. I post here some of trades I take for free, just to explain what you have to do to be a profitable trader. Of course, as my students pay 400€/month for 4 months, I really have to give them for their money. That's why I explain all my trades and help them to improve their trading working on the mastering of the system of course, but also and mostly on their psychology through a personal coaching. That is the key as I always said ! Many of my students are trading a different system of mine at the end of their training and I think they would be able to trade any system they want. At the end of the training period I help them to develop their own system if mine does not completely suits their personality. And that's why about 95% of themm become winners.....not only because of the system, but also because they have the good behavior.

Concerning the EAs here, I really thank you those who posted them. But I dont warranty anything : use it at your own risk. As I dont have any skills in programming EAs, I cant help you. But I can say you that you dont need any EAs. Know your market, get the right behavior, master your indicators, reduce your risks through a good money management and you will get your financial freedom.

Hi Hmaoui,
When will you be open to new students? Are you just local(Paris) or can students be anywhere? I am interested as I have followed this thread for some 3 years now. Thanks Wayne

Hello everybody ! I can see that we are in summer coz there is no charts posted in a week !!! Hope that you are too much busy to post your trades :-)

Here is just a trade I took on the cable. LT trend is neutral (look at 1h/4h/daily charts), but as this pair is very volatile, it is the perfect choice if want to scalp. So I went down to the 15mn chart : we broke down the LT EMAs coming from the resistance at 1,7165. Of course I waited for a pullback which came with a nice candle rejected at PP level. It is perfect because DMI is in down trend and the MACD too (I can use MACD or RSI it is the same). Then I moved on the 300 ticks chart to get my entry. We had a nice candle on the pivot point and a very good pullback on overbought zone of Stochastics so I entered at this level (1.7138). My SL is just above the LT EMAs at 1,7145 (7 pips). My target was S1 level as we are in a flat market on LT charts. It was reached around 1h15 after the entry. With a 10K$ account, you can take 28 mini lots risking 2% of your capital, and exit with a total of 644 pips, spread included ! This trade was a killer because we risked 7 pips to get 23 pips : R/R > 3 !!! That is how you will make money on the markets on the long term.

You could have taken the same trade on the €/$. 15mn chart B/D waiting for a pullback near 9h45 (UTC time). Then go to the 300 ticks chart and take a nice pullback at 1,3626 for a target at 1,3614 (12 pips). SL just above the PP at 1,3633 (7 pips). R/R is less than 2 but it is ok Nevertheless, you can try to get 1,36 level as it could be a second level target (Round Number). 12 pips is ok : you get 336 pips risking 2% of a 10K$ account. Do it twice a week as an average and you will get more than 25%/month !

Hello Katsuhiro,

Of course I can tell you that we all have losing trades ! It is normal because trading is only an odds game and you cant get a system with a 100% winning rate. I generally publish positive trades to show the followers what I call A+ setups. Sometimes, I publish B/E or losing trades also. But I want the follower to focus on A+ setup so I publish it to allow them to easily recognize it.

Indicators I use are here to give me the overall trend on a TF, and/or to confirm it. I mean EMAs give me the trend (I look at their slope and their position). DMI or MACD, or RSI21 (the one you master and you prefer) is here to give us a confirmation. And to get the best timing, you check candles (price action) and Stochastics (generally 5,3,3) to get a confirmaiton. That is so much simple !

Of course you can add another indicator such as 100 EMA as you said. But personaly I prefer to check multiple TF as I always say in my posts. For example, if you scalp a market you can check the overall trend on the 1h TF so you know if you are on a trending market or a flat market, you check the 15mn TF too get the intermediate trend, and you go on the 300 or 100 ticks chart to get the best timing.

For exits, we can use PP levels in scalping, S/R lines on 1H TF for daytrading for example, and also a reversal signal. This is nearly the same to put your SL except that you have to know the volatility of your market to get a good technical stop.

If you respect these steps, you can enter the market stress free, believe me ! Of course you will get losers, but you R/R ratio is good enough to earn lots of money with 50% of winning....and I can confirme you that you will get a really better winning ratio, especially if you focus on A+ setups.

So, dont believe that I never have losses (it is impossible), but I prefer to focus on successful trades to help people to get the system their own. About the 100 EMA, tell us how you use it and how you trade with this improvement ? Maybe it is a good way for longer TF such as 1h or 4h even daily ? We are curious and as I said in my first posts real good improvements are welcome.

Hope to hear from you soon. Do not hesitate to post your charts my friends !