MA of H-A system | Forex Factory

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Attachments: MA of H-A system
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MA of H-A system

  • #1
  • First Post: Edited Sep 9, 2014 10:57am Aug 22, 2014 8:56am | Edited Sep 9, 2014 10:57am
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Thanks to those of you who stopped by to check this system out. If you have any questions, send me a PM. Best regards ...
Vita est simillimus forexum(Life is like forex)
  • #2
  • Aug 22, 2014 10:08am Aug 22, 2014 10:08am
Example of a typical entry:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
Vita est simillimus forexum(Life is like forex)
  • #3
  • Aug 22, 2014 10:20am Aug 22, 2014 10:20am
Here's an example of a very conservative exit based on two indications: 1) OsMa is reversing back towards zero 2) H-A candle heights are showing weakness:
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Vita est simillimus forexum(Life is like forex)
  • #4
  • Aug 22, 2014 11:02am Aug 22, 2014 11:02am
Example of an exit based on breach of the 5M fast ma:
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Vita est simillimus forexum(Life is like forex)
  • #5
  • Aug 22, 2014 12:03pm Aug 22, 2014 12:03pm
Whats is the purpose of the 10 ema ? btw nice system , simple and easy to use ! good job ! green pips for me alrdy !
  • #6
  • Aug 23, 2014 3:46am Aug 23, 2014 3:46am
anyone do a backtest on this and tell results on M30?
  • #7
  • Edited 6:48am Aug 25, 2014 6:02am | Edited 6:48am
Quoting jasonhaw
Whats is the purpose of the 10 ema ? btw nice system , simple and easy to use ! good job ! green pips for me alrdy !
Stay with it for a couple of weeks and feel free to ask sincere questions. From the setup you can probably guess I have found simplicity has made more money for me over the years than complexity. Anyway, my mind spins too much with complex systems.

10 ema is useful to me @ 5M for entries off retracements AND for really solid exits. Also, during a run, I'll often see price bounce off the fast ma @ 5M or 15M, back into the trade. Also during runs, price will simply climb the 10ema.
Vita est simillimus forexum(Life is like forex)
  • #8
  • Edited 6:47am Aug 25, 2014 6:12am | Edited 6:47am
Quoting moneybill
anyone do a backtest on this and tell results on M30?
I think the M30 is great chart for this system. I happen to use the 1H a lot as well. Not sure how well backtesting would perform on this for me, since I tend to trend with the Day or 4H's and trade during the higher volitility times (London).
Vita est simillimus forexum(Life is like forex)
  • #9
  • Aug 25, 2014 11:27am Aug 25, 2014 11:27am
Quoting dennis681
Example of a typical entry: {image}
When you say breach, do you mean closing above or below the 50 sma?
  • #10
  • Aug 25, 2014 2:39pm Aug 25, 2014 2:39pm
Quoting Esosa
{quote} When you say breach, do you mean closing above or below the 50 sma?
Either. If price is going up (series of blue heikan-ashi candles), then breach would mean above the 50 sma after it closes. However, if price has already topped and is going down, then our breach would be a close under the 50. Hope that answers it ...
Vita est simillimus forexum(Life is like forex)
  • #11
  • Aug 25, 2014 7:14pm Aug 25, 2014 7:14pm
Hi Dennis,

Thanks for sharing your system. May I ask, how long have you been trading it? There are so many systems here on ForexFactory that I tested that just lose all the time. People trade a system for 1 week having good results, get excited, and post up the system only to discover that it is a horrible system that had a luck-streak of 1 week.

Thanks,

Coffee Lover.
God changed my life.
  • #12
  • Aug 25, 2014 8:46pm Aug 25, 2014 8:46pm
Sounds intresting dennis. Thanks for sharing... will check this out...
  • #13
  • Aug 26, 2014 6:58am Aug 26, 2014 6:58am
Quoting coffee.lover
Hi Dennis, Thanks for sharing your system. May I ask, how long have you been trading it? There are so many systems here on ForexFactory that I tested that just lose all the time. People trade a system for 1 week having good results, get excited, and post up the system only to discover that it is a horrible system that had a luck-streak of 1 week. Thanks, Coffee Lover.
Love the name. Nothing like snuggling up to a fresh, french-pressed Columbian @ 3 am in the winter. Good question - I haven't traded this very long, but have had solid success during the time I've been trading it. Before this one, I mostly traded using Ichimoku w/ H-A. I like this one better bc it's cleaner. There are some fine points (like in any system).
Vita est simillimus forexum(Life is like forex)
  • #14
  • Edited 10:22am Aug 26, 2014 10:10am | Edited 10:22am
Live example of system: (kinda dumb bc we all know a few live examples of winners doesn't prove a thing any more than if the trade lost that time)

M30 USD/JPY just closed above it's slow MA and into the trend, so I'm long @ 104.03. My exit will be breach (after close) of the fast MA @ M5 chart. Of course Tuesday NY session isn't known for volitility.
Vita est simillimus forexum(Life is like forex)
  • #15
  • Aug 26, 2014 10:58am Aug 26, 2014 10:58am
Example of an ultra-conservative exit: (because it's late morning NY, I'm going to take my +9 now)
Attached Image (click to enlarge)
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Vita est simillimus forexum(Life is like forex)
  • #16
  • Aug 27, 2014 10:43am Aug 27, 2014 10:43am
Hey dennis, could you do me the favor and show me on a screenshot how you determine the daily trend and how you trade it on the 30 min chart. My imagination is not that huge so it would be much easier to understand for me to see it on a sreenshot
cheers
  • #17
  • Edited 11:42am Aug 28, 2014 6:41am | Edited 11:42am
Quoting Mr.Ma
Hey dennis, could you do me the favor and show me on a screenshot how you determine the daily trend and how you trade it on the 30 min chart. My imagination is not that huge so it would be much easier to understand for me to see it on a sreenshot cheers
Sure. Here's a current shot of the Daily Eur/Usd zoomed in. The red line shows C1 and the yellow line shows C2. In this case, we have a declining trend since the 10ema (1.3258) for C1 is less than the 10ema (1.3273) for C2. So any new EU trade entry will be a short trade.
Attached Image
Vita est simillimus forexum(Life is like forex)
  • #18
  • Edited 8:10am Aug 28, 2014 6:50am | Edited 8:10am
Quoting Mr.Ma
Hey dennis, could you do me the favor and show me on a screenshot how you determine the daily trend and how you trade it on the 30 min chart. My imagination is not that huge so it would be much easier to understand for me to see it on a screenshot cheers
Next, we switch to the Eur/Usd 30M chart and look for the first occurrence of a declining candle breaching it's slow MA. And as you can see, that happened two hours ago. So the entry is at 1.3185, shown by the yellow line.
Attached Image
Vita est simillimus forexum(Life is like forex)
  • #19
  • Aug 28, 2014 6:58am Aug 28, 2014 6:58am
If you google stratman's mini charts you'll be able to see everything on one page and save the trouble of switching back and forth.
  • #20
  • Edited 8:11am Aug 28, 2014 6:59am | Edited 8:11am
Quoting Mr.Ma
Hey dennis, could you do me the favor and show me on a screenshot how you determine the daily trend and how you trade it on the 30 min chart. My imagination is not that huge so it would be much easier to understand for me to see it on a sreenshot cheers
The classical exit is to wait for a breach of the Eur/Usd 5M fast MA. But in this case, since I saw divergence @ two candles before my actual exit (last pink candle - showing weakness), I exited after two blue candles in a row @ 1.3274 (net +7):
Attached Image
Vita est simillimus forexum(Life is like forex)
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