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Attachments: A Proven Simple Strategy (2MAs, 1 RSI)
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A Proven Simple Strategy (2MAs, 1 RSI)

  • #121
  • Jan 24, 2016 12:47pm Jan 24, 2016 12:47pm
Quoting Nijee
{quote} Good to see sis back here. System is trading the exhaustion of the pullback/retracement against the longer term trend. The RSI settings of 95,5 are extreme over bought/sold levels. Statistically price can't travel much further...... unless it is a true reversal. Also, RSI has a tendency to get stuck at the top/bottom of its range, that's why Blau modified it to create the TSI. Agree with the TF issue as on a D1 chart you are basically trading when price is above the weekly (MA5) level vs roughly the yearly (MA200) trend. On lower TFs the...
Thanks for the input. I've spent a good 10-15 hours crunching the numbers this weekend and have noticed that certain TF's work better on ccertain pairs. What stuck out the most was the fact that all of my best backtesting numbers came from M15 or M30 charts and not one of the indices or commodoties setups were NOT on a M15 or M30 chart. Just something to keep an eye on. I really do not feel like listing every single pair, commodity and TF I am front testing but for the non-lazy, it is not hard to find the "sweet spot".

Good luck this week everyone! Cheers
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #122
  • Jan 24, 2016 1:11pm Jan 24, 2016 1:11pm
Apparently not a proven system therefore learn how market moves that's a proven strategy coupled with mm
  • #123
  • Jan 24, 2016 1:13pm Jan 24, 2016 1:13pm
Quoting Divergence
Apparently not a proven system therefore learn how market moves that's a proven strategy coupled with mm
I can't read the thread for you...
  • #124
  • Jan 24, 2016 1:15pm Jan 24, 2016 1:15pm
Quoting Sis.yphus
{quote} I can't read the thread for you...
well I asked the question where's the facts to show this is a proven method non given
  • #125
  • Jan 24, 2016 1:22pm Jan 24, 2016 1:22pm
Quoting Divergence
{quote} well I asked the question where's the facts to show this is a proven method non given

Please read my last post and go back to flag trading...

Thread Rules
4. Again no one likes conjecture. Do not make statements or claims about this system or any other system in here if you do not provide proof for the claims you are making.

If you can provide proof to back your claims that this system doesn't work I am all for you sharing it. Until then everything you say is nothing but conjecture which goes against the thread rules. Which I know you didn't read because of your previous posts.

Please grow up. And next time you want to contribute to a real discussion, please read the rules.
  • #126
  • Jan 24, 2016 1:25pm Jan 24, 2016 1:25pm
Quoting Sis.yphus
{quote} Please read my last post and go back to flag trading... Thread Rules 4. Again no one likes conjecture. Do not make statements or claims about this system or any other system in here if you do not provide proof for the claims you are making. If you can provide proof to back your claims that this system doesn't work I am all for you sharing it. Until then everything you say is nothing but conjecture which goes against the thread rules. Which I know you didn't read because of your previous posts. Please grow up. And next time you want to contribute...
no problem I was just responding to the threads title and was just hoping that op would state his claim. Good luck
  • #127
  • Jan 24, 2016 1:27pm Jan 24, 2016 1:27pm
Quoting Divergence
{quote} no problem I was just responding to the threads title and was just hoping that op would state his claim. Good luck

Gimme a couple months with this and I'll provide you (hopefully) with some good results.

Until then, enjoy your afternoon/evening fellows!
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #128
  • Jan 24, 2016 3:36pm Jan 24, 2016 3:36pm
Hi, I have always been a fan of the KISS principle and the rules for this simple trading strategy I believe is all that is required to be a successful . I shall be trading 24 currency pairs from Monday using the settings from the EA supplied that is how confident I am of this gift that has been given. Cheers to the trader who started this thread and to all contributors.
All the best from a NZ trader.
  • #129
  • Jan 25, 2016 3:20pm Jan 25, 2016 3:20pm
I think you definitely need a SL or TS with this system.
Because: if you go long when price is below the fast MA and price keeps going down, it will remain below the fast MA and this could be painful in case of a waterfall.
So we need a SL or TS instead of the MA exit rule I think.
  • #130
  • Jan 25, 2016 3:41pm Jan 25, 2016 3:41pm
Quoting Xman43
I think you definitely need a SL or TS with this system. Because: if you go long when price is below the fast MA and price keeps going down, it will remain below the fast MA and this could be painful in case of a waterfall. So we need a SL or TS instead of the MA exit rule I think.

Only if you money management is extreme.
Solutions ONLY!!!
  • #131
  • Jan 25, 2016 3:45pm Jan 25, 2016 3:45pm
Quoting BillYon
{quote} Only if you money management is extreme.
Can you explain in more detail what you mean?
  • #132
  • Jan 25, 2016 4:38pm Jan 25, 2016 4:38pm
Quoting Xman43
{quote} Can you explain in more detail what you mean?

The bias is more towards win in trend trading.

loss will happen

the fast is you loss manager

greed ruins the statistic and DD make pain in greed.

the MA is dependent on price not the other way around.

Test it first. Then comment and show a chart of your findings
Solutions ONLY!!!
  • #133
  • Jan 25, 2016 4:48pm Jan 25, 2016 4:48pm
Quoting Xman43
{quote} Can you explain in more detail what you mean?
He means the issue of not using an SL & TP on this system is not really an issue if you are risking the proper amount per trade. The 5 MA will catch up to price quickly in all conditions, especially if you are trading with the 200 MA.
  • #134
  • Jan 25, 2016 4:51pm Jan 25, 2016 4:51pm
Quoting Sis.yphus
{quote} He means the issue of not using an SL & TP on this system is not really an issue if you are risking the proper amount per trade. The 5 MA will catch up to price quickly and touch the MA in all conditions, especially if you are trading with the 200 MA.
Thanks Sis.yphus
  • #135
  • Jan 25, 2016 11:26pm Jan 25, 2016 11:26pm
Hi, Shemski
I see your Ma slow period set to 20(Sis.yphus is set to200)
Is there any advantage? please

Thanks.
  • #136
  • Jan 26, 2016 8:44am Jan 26, 2016 8:44am
awesome,just 6h,lot 0.1
Attached Image (click to enlarge)
Click to Enlarge Name: QQ图片20160126224251.png Size: 41 KB
  • #137
  • Jan 26, 2016 8:59am Jan 26, 2016 8:59am
Quoting wanghaiyang
awesome,just 6h,lot 0.1 {image}
​能把你的设置共享给大家吗？
Can you share your settings?
  • #138
  • Jan 26, 2016 9:04am Jan 26, 2016 9:04am
Quoting yczzd
{quote} ​能把你的设置共享给大家吗？ Can you share your settings?
it was shared,before...
  • #139
  • Jan 26, 2016 9:54am Jan 26, 2016 9:54am
Quoting wanghaiyang
{quote} it was shared,before...
Shared by whom?
  • #140
  • Jan 26, 2016 12:49pm Jan 26, 2016 12:49pm
Quoting wanghaiyang
awesome,just 6h,lot 0.1 {image}
Solutions ONLY!!!
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