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Bagovino Method

  • #3,801
  • Jan 11, 2016 10:46pm Jan 11, 2016 10:46pm
Here is a 5 and 12 MA with a 50 RSI on a 1 hr chart for EURGBP. ​
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp 1 hr.png Size: 78 KB
JOHN 3:16
  • #3,802
  • Jan 28, 2016 7:53am Jan 28, 2016 7:53am
Hello I've just read over 100 pages of this thread and I'm going to try it out. My question is: does anybody still uses this on h1 timeframe?
Can you explain me what went wrong with this trade?
Emas crossed and RSI touched the 50 Line. Or do you wait for a real cross of the 50 RSI line?

Thank you.

MB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
  • #3,803
  • Jan 28, 2016 10:45am Jan 28, 2016 10:45am
Quoting Mbt
Hello I've just read over 100 pages of this thread and I'm going to try it out. My question is: does anybody still uses this on h1 timeframe? Can you explain me what went wrong with this trade? Emas crossed and RSI touched the 50 Line. Or do you wait for a real cross of the 50 RSI line? Thank you. MB {image}
Nothing wrong except that you didn't take the next trade to the long side.

Also Stoch not part of it

EDIT : That was not really a signal on my chart.There were plenty winners before and after.This is a nice system but like all others takes a bit of practice.Remeber there has to be loser.Winners need to be bigger.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR USD.png Size: 49 KB
We miss 100% of the shots we don't take
  • #3,804
  • Jan 28, 2016 5:13pm Jan 28, 2016 5:13pm
Hi Rooi

How do you get the RSI to show a range from 30 to 70?? Mine has 0 to 100, which seems to condense the line.

Any help appreciated!!
  • #3,805
  • Jan 29, 2016 5:52am Jan 29, 2016 5:52am
Quoting youlsey
Hi Rooi How do you get the RSI to show a range from 30 to 70?? Mine has 0 to 100, which seems to condense the line. Any help appreciated!!
.
Attached Image
We miss 100% of the shots we don't take
  • #3,806
  • Jan 29, 2016 6:31am Jan 29, 2016 6:31am
Quoting Rooi
{quote} Nothing wrong except that you didn't take the next trade to the long side. Also Stoch not part of it EDIT : That was not really a signal on my chart.There were plenty winners before and after.This is a nice system but like all others takes a bit of practice.Remeber there has to be loser.Winners need to be bigger. {image}
Do you wait for the Rsi to really cross the 50 line or just touch it?
  • #3,807
  • Jan 29, 2016 8:25am Jan 29, 2016 8:25am
Quoting Mbt
{quote} Do you wait for the Rsi to really cross the 50 line or just touch it?

.

Quoting bagovino
Hi All, I just wanted to start a thread sharing the most successful Forex trading method to date! I have caused alot of shake ups on other threads due to the domination of my method on their posts so I chose to start my own. Here it goes... It's quite simple. On a 1 Hr chart, plot 5/12 EMA's. Plot RSI set at 21. When the 5/12 crosses up and the 21 RSI crosses above 50 you go long. When the 5/12 crosses down and the 21 RSI goes below 50 you short. This method is proven to be at least 85% accurate! I leave this thread open to...
We miss 100% of the shots we don't take
  • #3,808
  • Feb 2, 2016 6:35pm Feb 2, 2016 6:35pm
Is it possible to setup automatic trades in MT4 when the 5/12 and the cross??
  • #3,809
  • Sep 16, 2016 10:11pm Sep 16, 2016 10:11pm
anyone still using the bago method? i started out on this back in the day moved on to bigger things, but still works just have to pick your pair wisely it doesnt like the majors atm because there not really trending. make sure the pair u trade is trending and u will see green.

wendigo
  • #3,810
  • Sep 20, 2016 3:39am Sep 20, 2016 3:39am
still works a perfect bago trade been holding since last week. its up 470 points. as i said great method just make sure the pair is trending pretty good

wendigo
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 46 KB
  • #3,811
  • Sep 20, 2016 11:01am Sep 20, 2016 11:01am
Quoting wendigo
anyone still using the bago method? i started out on this back in the day moved on to bigger things, but still works just have to pick your pair wisely it doesnt like the majors atm because there not really trending. make sure the pair u trade is trending and u will see green. wendigo
Thanks for sharing this system,

What is the bigger system or things you use now?
Without struggle there is no progress
  • #3,812
  • Sep 21, 2016 12:55am Sep 21, 2016 12:55am
order flow pretty much

wendigo
  • #3,813
  • Oct 1, 2016 8:17am Oct 1, 2016 8:17am
please anyone tell me which timeframe work best for this bago ea?
  • #3,814
  • Oct 1, 2016 8:05pm Oct 1, 2016 8:05pm
Quoting bagovino
hi all, i just wanted to start a thread sharing the most successful forex trading method to date! I have caused alot of shake ups on other threads due to the domination of my method on their posts so i chose to start my own. Here it goes... It's quite simple. On a 1 hr chart, plot 5/12 ema's. Plot rsi set at 21. When the 5/12 crosses up and the 21 rsi crosses above 50 you go long. When the 5/12 crosses down and the 21 rsi goes below 50 you short. This method is proven to be at least 85% accurate! I leave this thread open to any and all improvements....
85% lolololololollol b.s.
  • #3,815
  • Oct 1, 2016 8:40pm Oct 1, 2016 8:40pm
Quoting thjw
{quote} 85% lolololololollol b.s.
There are ton of systems here that were started by noobs and you can tell by authors posts from profile he stopped trading this years ego and if I must guess he blew his account long ego.
It takes lot more then a system to make it in this business
In trading, you have to be defensive and aggressive at the same time
  • #3,816
  • Oct 3, 2016 2:29am Oct 3, 2016 2:29am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting merlin1331
please anyone tell me which timeframe work best for this bago ea?
Hello Merlin, 1H timeframe 2 to 3 trades a week, not more, you must have the patience to wait for the perfect set-up. SL 30 to 40 pips. Also follow fundamentals.
Good luck and patience.
Regards
Being right is one, taking it from the table is two.
  • #3,817
  • Oct 4, 2016 7:40am Oct 4, 2016 7:40am
thanks, you are great.
  • #3,818
  • Nov 14, 2016 9:00pm Nov 14, 2016 9:00pm
Quoting wendigo
still works a perfect bago trade been holding since last week. its up 470 points. as i said great method just make sure the pair is trending pretty good wendigo {image}

NICE!

I have had some success with 5 minute TF on the USACAD since #TRUMP
  • #3,819
  • Mar 27, 2017 7:25pm Mar 27, 2017 7:25pm
i just downloaded ninja trader, they have a cool feature that will allow you to build your strategy and test it.

wondering if anyone has done that with this method yet?

would be interested in sharing notes
  • #3,820
  • May 28, 2018 10:34pm May 28, 2018 10:34pm
oh Well you need adx 21 with this system, for that matter with any system.
Game taught me the game. And it didnt spare me the rod while teaching
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