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MADdash (Moving Average Distance)

  • #21
  • Jun 19, 2015 2:15am Jun 19, 2015 2:15am
Posted in the wrong thread

Trust someone is short EURUSD or EURJPY
Attached Image (click to enlarge)
Click to Enlarge Name: MADdash at 12.06 am - 6192015.gif Size: 51 KB


If you miss the first move, just wait for pullback and if trend continues, join it - simple as ABC as Clive will say.

I'm off to bed now as I'm getting really tired and already made some few pips

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #22
  • Jun 19, 2015 2:18am Jun 19, 2015 2:18am
Quoting honestknave
For anyone that missed the edit, a great post here from 919gilead about how he uses MADdash in his trading style. Thanks George!
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  • #23
  • Jun 19, 2015 2:20am Jun 19, 2015 2:20am
Quoting 919gilead
Posted in the wrong thread Trust someone is short EURUSD or EURJPY {image} If you miss the first move, just wait for pullback and if trend continues, join it - simple as ABC as Clive will say. I'm off to bed now as I'm getting really tired and already made some few pips Shalom
  • #24
  • Jun 19, 2015 2:22am Jun 19, 2015 2:22am
Quoting LITEchild
{quote}
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  • #25
  • Jun 19, 2015 2:26am Jun 19, 2015 2:26am
Quoting 919gilead
If you miss the first move, just wait for pullback and if trend continues, join it - simple as ABC
CAUTION! short is still just a retrace or profit taking being friday and all. HTF for now still very bullish. EUR still strong. USD, JPY still weak.
  • #26
  • Jun 19, 2015 2:39am Jun 19, 2015 2:39am
Quoting LITEchild
{quote} CAUTION! short is still just a retrace or profit taking being friday and all. HTF for now still very bullish. EUR still strong. USD, JPY still weak.
Thank you my friend, but I trust my edge and ONLY trade what I see. IMHO, don't need to look beyond the H1 as I believe the LTFs need to recycle into the HTF for the trend to continue.

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #27
  • Jun 19, 2015 2:40am Jun 19, 2015 2:40am
Just before I go, these are the potentials setting up
Attached Image (click to enlarge)
Click to Enlarge Name: MADdash at 12.37 am - 6192015.gif Size: 125 KB
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  • #28
  • Jun 19, 2015 2:41am Jun 19, 2015 2:41am
Quoting 919gilead
{quote}I trust my edge and ONLY trade what I see.
  • #29
  • Jun 19, 2015 2:44am Jun 19, 2015 2:44am
Quoting LITEchild
{quote}
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  • #30
  • Jun 19, 2015 2:54am Jun 19, 2015 2:54am
Quoting honestknave
{quote} Hello GoldTheHun, Thanks for your feedback - I read your thoughts as a constructive criticism, so all is good. I think free and open discussion/criticism is what leads us on to develop new and improved techniques. I'll certainly bear your thoughts in mind about z-scores for any future development, but for now I'm going to let MADdash run as it is and see where 919gilead can take it... plus it's a convenient excuse to cover the fact that I don't have much spare time right now Thanks once again for the comments

Fair enough. Thank you for your explanation and the time you put on this dashboard. Huge potential here...
  • #31
  • Edited 3:13am Jun 19, 2015 3:01am | Edited 3:13am
Quoting 919gilead
Just before I go, these are the potentials setting up {image}
CHF was not on the original list but has now joined the list of weak currencies, and AUDUSD also looking set to resume the downtrend.

In addition to the MADdash and csDash, I also use the currency slope strength to time my entry, and want to see the currency lines breaking out in the right direction, otherwise I sit on my hands to avoid any head fake. What the MADdash does for me is to help narrow down the pairs I should be watching, and I can start planning in advance.

The day we realize we don't need to trade every day and only need 20 pips per day to survive, that will be the day we start enjoying this business.

Have a good week end all, and see you next week unless I find something interesting. Need to also concentrate when I am trading as I can't trade and post at the same time, one will have to give.

God bless
Attached Image (click to enlarge)
Click to Enlarge Name: LCSS at 12.52 am - 6192015.gif Size: 24 KB
Low Risk Low Stress High Reward High Probability Trades
  • #32
  • Jun 19, 2015 4:36am Jun 19, 2015 4:36am
Quoting honestknave
{quote} I'm looking forward to watching how the trading ideas behind this one develop - I think it has a lot of potential! Many thanks to you for the initial concept of MTF MA distance, and for thoroughly testing the dashboard.
Many thanks for this new tool, remarkable work & effort.
It never gets easier, you just get better
  • #33
  • Jun 19, 2015 6:28am Jun 19, 2015 6:28am
Dear Andrew & George,
Thank you so much for sharing your strategy logic & ea work.
Regards
Hukam
  • #34
  • Jun 19, 2015 7:10am Jun 19, 2015 7:10am
Quoting 919gilead
Yes this is our baby and it is finally in the market Good job as always Andrew
Hi 919, if possible, please share your indicators and template.

Regards
  • #35
  • Jun 19, 2015 7:29am Jun 19, 2015 7:29am
Quoting Shabs19
{quote} Many thanks for this new tool, remarkable work & effort.
You're welcome Shabs19

Quoting hukam
Dear Andrew & George, Thank you so much for sharing your strategy logic & ea work. Regards Hukam
My pleasure hukam
  • #36
  • Edited 8:54am Jun 19, 2015 7:42am | Edited 8:54am
Quoting honestknave
What is MADdash? A multi timeframe dashboard looking at price's distance from a moving average. Where do I put the file? In the EXPERTS folder. It is a large dashboard designed to take over a chart. What is the background to MADdash? Back in April I started the project with 919gilead. This was the parent project to csDash but because MADdash has been stable under testing it has not required many modifications. Consequently, its development is now behind csDash which has benefited from unexpected...
Is it possible to stop that specific pair alert if that alerted pair's chart has already been clicked opened? Need this feature badly, otherwise it keep beeping. Also would be great if every click open back the chart that is already opened, instead of new one.
  • #37
  • Jun 19, 2015 8:01am Jun 19, 2015 8:01am
MadDash is a phenomenal piece of work. Congratulations on your creation. I wish you every success with it.
  • #38
  • Jun 19, 2015 8:29am Jun 19, 2015 8:29am
I got an alert to buy AUDUSD, so entered long at 7754
Forex, awful to watch, AWESOME to play
  • #39
  • Jun 19, 2015 8:48am Jun 19, 2015 8:48am
Quoting Feo
I got an alert to buy AUDUSD, so entered long at 7754
Careful, trend is clearly still down on 5mins chart.
  • #40
  • Jun 19, 2015 8:52am Jun 19, 2015 8:52am
Quoting honestknave
What is MADdash? A multi timeframe dashboard looking at price's distance from a moving average. Where do I put the file? In the EXPERTS folder. It is a large dashboard designed to take over a chart. What is the background to MADdash? Back in April I started the project with 919gilead. This was the parent project to csDash but because MADdash has been stable under testing it has not required many modifications. Consequently, its development is now behind csDash which has benefited from unexpected...
Amazing piece of work, well done
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