Trading the Cosmos: Please give feedback on how to improve it

Hello all, I am using multiple MA's, Stochastic, CCI, Volume, Fibos and was wondering what ideas others may have to improve it so it is cleaner and more effective. I call this template "cosmos" as that is what it reminds me of when I look at it.

It uses alot of MA's to illustrate the natural support and resistance points that occur. If you look at it a while, you will see some distinct patterns. It can be used on all time frames but I prefer to use it on the M1 and M5 timeframe.

If you are bored and looking for something to do, feel free to take the template modify it to what you deem an improvement. Please post your indicator additions/subtractions in the form of an updated template to share with the community in an effort to make it more effective.

Thanks
AcuProfit

Lovely charts as for indis indeed very complete. any special rules on how to trade the "cosmos". i will be looking and get some thoughts too.

I am still hammering out the rules but here are a few things I have noted thus far that are quite reliable and sometimes easier to see with a view of so many moving averages. Also the color scheme is easy on the eyes. My 6 year old daughter loves the template, but of course insists that being pink would make it better.

1.) The concentration of the moving averages can help show if the price is trending or ranging. Play around with it on different pairs,TF's and ou will see this. When the longer TF MA's are nearly horizontal, you generally see ranging so then taking entry signals on stochastic alone is usually adequate. I use two stochastics, you will have to set the TF on the seconds one to suit your needs. Only trade the fast stochastic signals in the diection of the long term stochastic.

2.) When the long term moving averages are mostly in one direction, then a strong trend is in effect, so Stochastic entries should only be in hte direction of the MA bias. If you are going to go counter trend to the MA bias, make sure you use CCI to confirm the Stochastic signals.

3.) The "orange" MA line seems quite significant as an exhaustion point on extreme counter trend moves, that is why it is there and highlighted.

Not sure those "Daily Fibo's" are any good though. They seem a bit inconsistant. If someon has somethin better I am all ears.

I know there are no magic bullets to tell you when you are in a trend or ranging, but his setup seem to show me a clearer picture.

Have fun and please contribute. We may be able to come up witha nice trading system.

Also here i an entire EA complete with trading scripts that I want to collaborate on to improve. I had a programmer do this and it has multiple TPs and the scripts are nice, however I should have had him do a script to set pending buy and sell orders. Well maybe smeone can help with that as well. The ea is called "ezMM" and the experts.zip has the EA and all the scripts for your viewing pleasure.


AcuProfit

Here was the description of how I wanted th EA to work that I gave the programmer in case you want to know what the settings mean. I am having some troubles getting the MA based SL to work right and am starting to think maybe a simple moving step level with lock in profit might due good as well? Anyhow I am giving this all free to the community in hopes of improving it. I like the collaborative spirit approach.



Here is what I want created as a new EA (lets call it ezMM.mq4)

1. Automatically manage all manually opened positions by the user. I would like to model the SL functionality from the vForceSim A except I need mine to be able to manage multiple positions at a time. For example, in ranging markets, I may want to open a buy order, then a sell order, then another buy etc on the EURUSD M1 chart, but not necessarily close the buys when selling. Then do a sell order on the EURUSD H4 chart, the do a buy on the USDCHF M5 chart. I want the EA to be able to manage each order that I open in a single MT4 account, separately and independent of any other orders, even if they are on the same currency pair, different currency pairs, same or different timeframes. I would like the EA to manage any order you open according to the Money Management inputs that were set for the specific chart the EA is loaded on. This allows me to use different MM settings for different currencies and different time frames.

· The other main objective of the EA is to “drive” the orders with the use of scripts. What I really need are the following 11 scripts to help drive the ezMM EA.

1. Buy- can drag it onto a specific chart, or just highlight the chart, then execute order via the “Hot Key” selection. Example, if the EA settings use 3% of the account balance, it will execute a buy with 3% of the account on execution.

2. Sell- can drag it onto a specific chart, or just highlight the chart, then execute order via the “Hot Key” selection Example, if the EA settings use 3% of the account balance, it will execute a buy with 3% of the account on execution.

3. Double Buy-identical function to the “Buy” script, except it doubles the amount that is entered into the EA settings of % of the account to buy at. For example, if the EA setting was 3% of the account, it would open 6% then manage the close with the EA settings

4. Double Sell-identical function to the “Buy” script, except it doubles the amount that is entered into the EA settings of % of the account to buy at. For example, if the EA setting was 3% of the account, it would open 6% then manage the close with the EA settings

5. Close Order- Drag and drop this script on a specific order, on a specific chart so you can selectively close a certain order immediately and stop the EA from managing the trade (use for emergencies, I want to be able to quickly manage the closing of just certain orders if needed in a hurry.)

6. Quick Close and Reverse- Drag and drop this script on a specific order, on a specific chart so you can selectively close a certain order immediately and open an exact opposite order to go in the other direction and have the EA manage it as normal.

7. Close All Buy Orders- Closes All Buy Orders on the specific chart it is dragged onto, in the same way as the “Close Order” script does if there is multiple buy orders open rather than using the “Close Order” script multiple times.

8. Close All Sell Orders- Closes All Sell Orders on the specific chart it is dragged onto, in the same way as the “Close Order” script does if there is multiple buy orders open rather than using the “Close Order” script multiple times

9. Close All Open Orders- Closes All Open Orders in MT4, regardless of chart , pair or timeframe (Use for emergencies)

10. Close All Profit- Closes All Orders “in profit” only on the specific chart it is dragged onto

11. Close All Loss- Closes All Orders “in loss” only on the specific chart it is dragged onto

Dear Acuporfit, Thank you for sharing this system, please, there are a few things needs to be clarified:

first, what is your entry and exit rules, the chart looks nice, but it seems to me that there is no clear idea of where to get in and where to get out. is it the green/red dots that indicate entries? please tell us your idea

second, it seems to me that your system use GMMA, there are a few sys that use GMMA as well, such as 5min Trend Follower System, you can search GMMA on this forum and have a look, not neccessarily taking their ideas, but anyone would like to have more creativity, right?

third, what is the best TF to trade? the different TF affect the relavant S/R Fibs we use, and the parameters of indicators we use.

By the way, i see lots of indicators included in your package, how to understand each of them?

thank you for your time, and looking forward to your reply.

I use your MAs for my day trading (M15), together with volumes.
One thing fascinates me: Supports and resistance at MA's confluences are the same, no mather which timeframe you are looking at !
Thank you for the template.