- #125
- Edited 12:34pm Aug 29, 2014 12:10pm | Edited 12:34pm
WHEN THE TREND IS DOWN look at only cycle spike with the point up and MBFX al last at 70 with initial red color WHEN THE TREND IS UP look at only cycle spike with the point down and MBFX at last at 20 with initial green STAY FLAT WITH RANGING TREND
thats how it is used to be.
but you can distinguish between CI trend up and rainbow down like this example.
http://www.forexfactory.com/attachme...0&d=1409325261
and rainbow trend up and price goes into the rainbow and use MBFX or CI for the entry up like here
that means you can trade nearly every siuation thats what i was aiming for with this system BUT the much lower risk is to trade in rainbow direction. like in the second example in this post. the profit will be much higher at lower risk in the second example. that what i wanted to say in this post.
i group trades into risk classes. high risk medium risk and low/good possibilities.
you can easy backtest this be viewing historical data.
- #126
- Aug 29, 2014 12:15pm Aug 29, 2014 12:15pm
{quote} this was an insane trade, huh? result? i just crosschecked the charts. missed many good entry. sh... happens. there WILL be some good ones on monday.
see you sunday night my time.
GL
- #127
- Aug 29, 2014 12:33pm Aug 29, 2014 12:33pm
{quote}
- #128
- Edited 12:46pm Aug 29, 2014 12:36pm | Edited 12:46pm
{quote}
- #129
- Aug 29, 2014 12:40pm Aug 29, 2014 12:40pm
{quote} raimbow has RED LINES down ok but the White line is up trend and opposite in White line down trend
i would classify this as HIGH RISK zone like i said int one of the first posts
- #135
- Aug 29, 2014 1:22pm Aug 29, 2014 1:22pm
LOOK AT YELLOW Arrow they are all good position to go long i put away the raimbow in order to see better {image}
http://www.forexfactory.com/showthre...45#post7706545
did you edit this arrows or is this an indicator? but you missed good long entry, which the CI indicates.
i will call it a day for. today just 2 hours of trading 100% winning rate +200nanopip +20.0pip gain.
I have understood the whole system about the rainbow and mbfx but i have only one question ci ..you are using two ci i want to know how you use it..i mean on both ci must have to be green or any one can be ..?please help me with this.
see you guys on sunday night/monday morning
{quote}{quote} look there http://www.forexfactory.com/showthre...45#post7706545 did you edit this arrows or is this an indicator? but you missed good long entry, which the CI indicates. i will call it a day for. today just 2 hours of trading 100% winning rate +200nanopip +20.0pip gain. {quote} its explained in several posts now.
- #138
- Edited 8:41am Aug 30, 2014 8:23am | Edited 8:41am
Hi Guys
Knew there had to be something in multiple MA charts.
I'm on my second go at currency trading, did very well first time demo so I started live trading 0.01 a couple of years ago only to see my account slowly draining out. Left the markets before that happened, but now time to try again, currently in demo, soon to go live again.
In that time a couple of years ago I was playing with MA and placed 50 odd MAs onto a chart just as an experiment, all red and sure looked good but didn't know how to trade from the chart. Came across this thread this morning and am now subscribed. I came across a reference to something called golden-cross death-cross a few days ago so looked it up to see what they were, simply the crossing of the 34 ema and the 200 ema. I see the corresponding lines in your template are MA linear weighted. Not such a problem though as I see golden-crosses on the chart and they still seem to work well. I've loaded up your template but have taken the liberty of altering the 34 and 200 MA so I can see when they do cross one-another. I don't think it would be feasible to trade solely golden-cross as they are not that common a signal. The higher time-frames taking days, weeks, even months to appear. But they do seem to be a powerful indication of change. I do want the ability to trade them myself which is why I've enhanced the 34 line especially for the purpose.
There's a few on this 15 minute chart. Pips available through all crosses both long and short, the first two showing quick trades of 25 and 20 and the last two showing 40 pips short, 34 pip long (pips is easier to type than nanopips 
) and with the white line still climbing more long pips possible in the coming days maybe. Time will tell on that score
Knew there had to be something in multiple MA charts.
I'm on my second go at currency trading, did very well first time demo so I started live trading 0.01 a couple of years ago only to see my account slowly draining out. Left the markets before that happened, but now time to try again, currently in demo, soon to go live again.
In that time a couple of years ago I was playing with MA and placed 50 odd MAs onto a chart just as an experiment, all red and sure looked good but didn't know how to trade from the chart. Came across this thread this morning and am now subscribed. I came across a reference to something called golden-cross death-cross a few days ago so looked it up to see what they were, simply the crossing of the 34 ema and the 200 ema. I see the corresponding lines in your template are MA linear weighted. Not such a problem though as I see golden-crosses on the chart and they still seem to work well. I've loaded up your template but have taken the liberty of altering the 34 and 200 MA so I can see when they do cross one-another. I don't think it would be feasible to trade solely golden-cross as they are not that common a signal. The higher time-frames taking days, weeks, even months to appear. But they do seem to be a powerful indication of change. I do want the ability to trade them myself which is why I've enhanced the 34 line especially for the purpose.
There's a few on this 15 minute chart. Pips available through all crosses both long and short, the first two showing quick trades of 25 and 20 and the last two showing 40 pips short, 34 pip long (pips is easier to type than nanopips ) and with the white line still climbing more long pips possible in the coming days maybe. Time will tell on that score
"You know what needs to be addressed , completely completely reverse that".
