Hello !
First of All I want to thank you kirkleaforex for his knowledge , posts and help. My system based on his old thread http://www.forexfactory.com/showthread.php?t=213346 . Everything what I attach here is from this thread.
I want show you my interpretation this system and want some advises from another members J
WE NEED :
M5 : EMAs 21 / 34 / 144 and MACD 21,34,1
M1 : EMAs 21/ 34/ 144 / 600 and
MACD RED: 13,21,1
MACD YELLOW: 21, 34, 1
MACD GREEN: 34,144,1
BUY :
M5 :
EMA 21 > 34 > 144 and price above EMAs
MACD above 0 and bar is rising
M1:
EMA 21> 34> 144 >600 and price above EMAs
MACD YELLOW + GREEN above 0
MACD RED must be close for opposite site above 0 and start rising
Make SL on last high / 144 EMA and TP 1:1 or higher J
Close trade on opposite signal red or yellow MACD.
SELL its opposite.
Divergences it's important because eliminate fake signals and tell about change the trend. examples post 11
Here its some example from today my trades. On AU I make it twice.
Its new idea , for now and I havent today to give you some statements to improve something.
I very like it because entries its with solid trend.
Tomorrow I will give you more examples J
First of All I want to thank you kirkleaforex for his knowledge , posts and help. My system based on his old thread http://www.forexfactory.com/showthread.php?t=213346 . Everything what I attach here is from this thread.
I want show you my interpretation this system and want some advises from another members J
WE NEED :
M5 : EMAs 21 / 34 / 144 and MACD 21,34,1
M1 : EMAs 21/ 34/ 144 / 600 and
MACD RED: 13,21,1
MACD YELLOW: 21, 34, 1
MACD GREEN: 34,144,1
BUY :
M5 :
EMA 21 > 34 > 144 and price above EMAs
MACD above 0 and bar is rising
M1:
EMA 21> 34> 144 >600 and price above EMAs
MACD YELLOW + GREEN above 0
MACD RED must be close for opposite site above 0 and start rising
Make SL on last high / 144 EMA and TP 1:1 or higher J
Close trade on opposite signal red or yellow MACD.
SELL its opposite.
Divergences it's important because eliminate fake signals and tell about change the trend. examples post 11
Here its some example from today my trades. On AU I make it twice.
Its new idea , for now and I havent today to give you some statements to improve something.
I very like it because entries its with solid trend.
Tomorrow I will give you more examples J
Attached File(s)
"The essence of Discipline is that there are no exceptions" - Jack Schwager