Monthly Profit - Daily Trading using SMA | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Profit - H1 Trading using SMA 751 replies

Jake Bernstein 10 SMA high 8 SMA low trading system 94 replies

SMA 200+SMA 55+SMA 5 is very profitable 49 replies

AUDUSD/AUDCHF/NZDJPY basket trading using 50 sma and 200 sma 16 replies

Programming of SMA and SMA cross over 20 replies

Attachments: Monthly Profit - Daily Trading using SMA
Exit Attachments

Monthly Profit - Daily Trading using SMA

  • #61
  • Jul 26, 2016 10:06pm Jul 26, 2016 10:06pm
Quoting Shangkay99
{quote} Hi Bk8, pls let me know point number 2. Indicators - SMA (5,3) and Bollinger Bands, it's mean that period : 5 and shift : 3 in SMA setting ? Thanks you
Thats Correct Shangkay!
  • #62
  • Jul 26, 2016 10:09pm Jul 26, 2016 10:09pm
Quoting Bk8
{quote} Target - 1.43? {image}
Wow, reversed after 110 pips
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 96 KB
  • #63
  • Jul 26, 2016 10:49pm Jul 26, 2016 10:49pm
Thanks for share your system Bk8
It is very simple and useful
  • #64
  • Jul 27, 2016 6:25am Jul 27, 2016 6:25am
Quoting Bk8
{quote} Wow, reversed after 110 pips {image}
I took SL (-14pips) on this trade. Seems like FXCM trailing stop (20) not working well
  • #65
  • Edited 10:54am Jul 27, 2016 7:56am | Edited 10:54am
Nice system! What was your average profit, in percentage of your account in the profitable months? Also have you tried heikin ashi candles?

Regards, pipsifx
  • #66
  • Jul 27, 2016 10:51am Jul 27, 2016 10:51am
Quoting Jakepuia
{quote} So far , Price is not yet in our anticipated direction, lets see what we can get at the end of this day.
Getting better now but you may like to get out if you do not want to take risk
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 88 KB
  • #67
  • Jul 27, 2016 11:02am Jul 27, 2016 11:02am
Quoting Pipsifx
Nice system! What was your average profit, in percentage of your account in the profitable months? Also have you tried heikin ashi candles? Regards, pipsifx
I like to trade on iphone and MT4 mobile has limited options so I have not used heikin ashi.

Sometime I take 2 positions for same pair and set take profit equal to stoploss.
I do not set profit for second postion and try to wait as much as I can get maximum profit.
  • #68
  • Jul 27, 2016 4:42pm Jul 27, 2016 4:42pm
hello thanks for sharing. I wanted to know if I take any signal or use some filter.
  • #69
  • Jul 27, 2016 6:54pm Jul 27, 2016 6:54pm
Quoting nightfox84
hello thanks for sharing. I wanted to know if I take any signal or use some filter.
Hi Nightfox84,
I'm no expert, but I filter the signal using EMA200. Try not to go again W1,M1 trend mainly.
  • #70
  • Jul 27, 2016 7:24pm Jul 27, 2016 7:24pm
excellent trading method:
price action and momentum

aim for more profit if trade is with the long-term trend, less if counter trend

yesterday: short A/N - now long E/U

good show Bk8
  • #71
  • Jul 27, 2016 7:27pm Jul 27, 2016 7:27pm
Quoting nightfox84
hello thanks for sharing. I wanted to know if I take any signal or use some filter.
As per my experinece SMA(5,3) would always make you profitable.. do not get disapponted if some setups go against you.
I already shared my account stats.. going forward I will share atleast one accounts statement every month.
  • #72
  • Jul 27, 2016 7:28pm Jul 27, 2016 7:28pm
Quoting yonnie
excellent trading method: price action and momentum aim for more profit if trade is with the long-term trend, less if counter trend yesterday: short A/N - now long E/U good show Bk8
Thanks Yonnie!
  • #73
  • Jul 27, 2016 7:45pm Jul 27, 2016 7:45pm
Quoting Bk8
SMA (5,3)
Shift the SMA 3 bars to the right?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #74
  • Jul 27, 2016 8:23pm Jul 27, 2016 8:23pm
What is the parameter for bollinger band?

Also could you upload one desktop MT4 screenshot with entry/exit marked for a couple of trades?

Thanks in advance,

RisingSun
  • #75
  • Jul 27, 2016 8:24pm Jul 27, 2016 8:24pm
Quoting Bk8
{quote} As per my experinece SMA(5,3) would always make you profitable.. do not get disapponted if some setups go against you.
Yes Bk8. That setting is excellent. If the halftrend indi' didn't exist I would be using it for sure.
SMA5,3 Yellow. Halftrend 3 blue.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDDaily.png Size: 30 KB
Without having an understanding of down, you can never appreciate up.
  • #76
  • Jul 27, 2016 8:45pm Jul 27, 2016 8:45pm
Quoting RisingSun
What is the parameter for bollinger band? Also could you upload one desktop MT4 screenshot with entry/exit marked for a couple of trades? Thanks in advance, RisingSun
BB - 20, 0,2
I use BB for exist purpose only. I do not have MT4 on desktop will try to install this weekend.
  • #77
  • Edited 10:35pm Jul 27, 2016 9:34pm | Edited 10:35pm
Quoting Bk8
{quote} BB - 20, 0,2 I use BB for exist purpose only. I do not have MT4 on desktop will try to install this weekend.
hi Bk8, what a great tutor !
what pair did you usually trade ?
Beginners Luck
  • #78
  • Jul 27, 2016 9:41pm Jul 27, 2016 9:41pm
from my newbie understanding sell when CS D1 close below sma or buy when close above..am i right?..lots of thanks BK8 for sharing huh...look simple and easy to understand n follow..I try
  • #79
  • Jul 27, 2016 9:45pm Jul 27, 2016 9:45pm
Quoting Bk8
{quote} BB - 20, 0,2 I use BB for exist purpose only. I do not have MT4 on desktop will try to install this weekend.
using this method (sma5,3) any idea for gbpjpy today ? thank you
  • #80
  • Jul 27, 2016 10:01pm Jul 27, 2016 10:01pm
Quoting Bk8
Guys, I have been trading for last 2 years, used almost all known strategies but lost 90% of my all accounts Finally, I am profitable for last 6 months. Here is my very simple strategy D1 trading only... even 4H is not reliable Indicators - SMA (5,3) and Bollinger Bands Buy/Sell - When previous candle bar has clearly crossed SMA line Stoploss - Previous candle bar Profit - Min 3 Candles Chances - 80% Do not take positions more than 10% of account value. {image}
Can you please tell the setting for

1. SMA
2. Bull. Brand
3. SAR

It will be very helpfull
11 traders viewing now