Future cloud and all other things ok, but not stoch, sorry.
- #5,782
- Jul 24, 2014 6:33pm Jul 24, 2014 6:33pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
ok,,i took the AN LONG and NJ short (MD sys)50 pips tp each as first tgt GL and GN.
- #5,783
- Jul 24, 2014 6:36pm Jul 24, 2014 6:36pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} Thank you very much Cariddi for this write out and explain about MS trade...i am going to print out and put next to my table.Btw, it is possible for you to put a Mts setup chart for me to compare with my chart whether right or wrong. Thanks again!
...MTS right now have 2 types of trade catchable with that system sorry i need more time (in the weekend i will do).
- #5,784
- Edited Jul 25, 2014 1:24pm Jul 24, 2014 9:03pm | Edited Jul 25, 2014 1:24pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Ok, as promised, here's the WRITTEN rules for a correct MD daily trade
(PENDING EITAN APPROVAL OF THIS POST!) APPROVED!
BUY CONDITIONS (timeframe ONLY D1..also see what pairs are backtested/approved by Eitan)
------------------------------------ ----------------
1- stochastic indi(red) coming from SELL area (under 15) to BUY area (over 85). Not so important the "path" of the stoch..if straight line or zigzag-ing around.
In case movements INTO the BUY zone that brings the stoch OUTSIDE the BUY area,the trade here is invalidated. The stoch here have to have a FULL cycle from a Hot zone to the opposite Hot zone, otherwise, no trade,sorry. In case after a full cycle,stoch zigzag-ing INTO the BUY area (let's say we cannot take the trade immediately, because other conditions not met): if it hooks UP (meaning the line of stoch pointing UP or even flat, maybe), stating other conditions still satisfied (and not EXITED the BUY zone,as explained), we can anyway take the trade.
2- RSI indi (blu) must be above the 50 level (no other conditions here cause, it always come from under the other area...we have only 2 areas here, above or below 50 )
3- CCI indi (white) must be above the 100 level and coming from around AT LEAST the median line (50 level). Let's say 45 level ..or 55 for a SELL
(In practice it is the same rule of the UltraStochastic in the MS system,for who is familiar with that).
4- The close of the daily candle has to be ABOVE Current (Ichimoku Kinko Hyo) CLOUD. I said "current", cause there is the n.5 condition that involves the "future CLOUD". It does not matter if this signal candle is only partially above the cloud as far as final closing price (the close of the candle) is ABOVE the cloud. Also it does not matter the colour of the current cloud..red or green, both ok.
5- The "future" (Ichimoku Kinko Hyo) CLOUD has to be GREEN for a buy (red for a sell). "Future cloud" that we care, it means the cloud at the maximum right position of the screen (the cloud indi uses moving averages to project the future)
------------------------------------
Reverse everything for a SELL
In attachment: MD original template furnished by Eitan
Also there's a chart with MD original template with many notes to help visualizing the concept/rules above..(A, G and L are good signals, the others, no trades)
The trade is the one just gave us today, a confirmed signal: AUD/NZD long.... cooked and eat on the fly!!! ahah
Enjoy! (sorry for my graphics
)
(
BUY CONDITIONS (timeframe ONLY D1..also see what pairs are backtested/approved by Eitan)
------------------------------------ ----------------
1- stochastic indi(red) coming from SELL area (under 15) to BUY area (over 85). Not so important the "path" of the stoch..if straight line or zigzag-ing around.
In case movements INTO the BUY zone that brings the stoch OUTSIDE the BUY area,the trade here is invalidated. The stoch here have to have a FULL cycle from a Hot zone to the opposite Hot zone, otherwise, no trade,sorry. In case after a full cycle,stoch zigzag-ing INTO the BUY area (let's say we cannot take the trade immediately, because other conditions not met): if it hooks UP (meaning the line of stoch pointing UP or even flat, maybe), stating other conditions still satisfied (and not EXITED the BUY zone,as explained), we can anyway take the trade.
2- RSI indi (blu) must be above the 50 level (no other conditions here cause, it always come from under the other area...we have only 2 areas here, above or below 50
)3- CCI indi (white) must be above the 100 level and coming from around AT LEAST the median line (50 level). Let's say 45 level ..or 55 for a SELL
(In practice it is the same rule of the UltraStochastic in the MS system,for who is familiar with that).
4- The close of the daily candle has to be ABOVE Current (Ichimoku Kinko Hyo) CLOUD. I said "current", cause there is the n.5 condition that involves the "future CLOUD". It does not matter if this signal candle is only partially above the cloud as far as final closing price (the close of the candle) is ABOVE the cloud. Also it does not matter the colour of the current cloud..red or green, both ok.
5- The "future" (Ichimoku Kinko Hyo) CLOUD has to be GREEN for a buy (red for a sell). "Future cloud" that we care, it means the cloud at the maximum right position of the screen (the cloud indi uses moving averages to project the future)
------------------------------------
Reverse everything for a SELL
In attachment: MD original template furnished by Eitan
Also there's a chart with MD original template with many notes to help visualizing the concept/rules above..(A, G and L are good signals, the others, no trades)
The trade is the one just gave us today, a confirmed signal: AUD/NZD long.... cooked and eat on the fly!!! ahah
Enjoy! (sorry for my graphics
)
Caro Cariddi lavoro a dir poco MOSTRUOSO Sei ECCEZZIONALE!!!COMPLIMENTI!!!
pls use english
because peoples are so busy with eitan templates .. they have no time to use google translate meanwhile pls check ur PM Box
- #5,788
- Jul 25, 2014 3:09am Jul 25, 2014 3:09am
{quote} Mr pips pls use english
I was not trasmitting the holy Graal in italian language!!!
there were compliments only
- #5,789
- Jul 25, 2014 3:56am Jul 25, 2014 3:56am
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
when GOD brings you a challenge he also gives you the power to deal with it
- #5,791
- Jul 25, 2014 4:03am Jul 25, 2014 4:03am
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
Ok, as promised, here's the WRITTEN rules for a correct MD daily trade (PENDING EITAN APPROVAL OF THIS POST!) BUY CONDITIONS (timeframe ONLY D1..also see what pairs are backtested/approved by Eitan) ------------------------------------ ---------------- 1- stochastic indi(red) coming from SELL area (under 15) to BUY area (over 85). Not so important the "path" of the stoch..if straight line or zigzag-ing around. In case movements INTO the BUY zone that brings the stoch OUTSIDE the BUY area,the trade here is invalidated. The stoch here have to have...
great soul you are!its perfect !! thank you brother awesome 4 sure!
when GOD brings you a challenge he also gives you the power to deal with it
- #5,793
- Jul 25, 2014 4:07am Jul 25, 2014 4:07am
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
{quote} AN
enjoy the flight
"Eitan's airways".
lol.
when GOD brings you a challenge he also gives you the power to deal with it
- #5,794
- Jul 25, 2014 4:07am Jul 25, 2014 4:07am
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
1\2 tp AN MD LONG + 25 pips
when GOD brings you a challenge he also gives you the power to deal with it
- #5,796
- Jul 25, 2014 4:15am Jul 25, 2014 4:15am
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
NJ closed yestrday (cariddi said me no MD perfect setting for a short)
when GOD brings you a challenge he also gives you the power to deal with it
- #5,797
- Jul 25, 2014 4:17am Jul 25, 2014 4:17am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
NJ closed yestrday (cariddi said me no MD perfect setting for a short)
...but the master is always the master... better following him next time - #5,798
- Jul 25, 2014 4:18am Jul 25, 2014 4:18am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} NVM next week will be more trades meenwhile do not forgett first tgt @ 50/70 pips! enjoy the flight "Eitan's airways". lol.
- #5,799
- Jul 25, 2014 4:19am Jul 25, 2014 4:19am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} superb!!! great soul you are!its perfect !! thank you brother awesome 4 sure!
