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Monthly Profit - Daily Trading using SMA

  • #8,421
  • Jun 6, 2017 5:28pm Jun 6, 2017 5:28pm
Hello
Good to hear it is going good for you.
I am only in couple of days old trade AU.
So I am not doing anything else.
Thank you.
All the best to all of you. But don't follow me. I am a learner.
  • #8,422
  • Jun 6, 2017 10:05pm Jun 6, 2017 10:05pm
Quoting Oddbjorg
Hello Good to hear it is going good for you. I am only in couple of days old trade AU. So I am not doing anything else. Thank you.
Hi
Great to hear your AU trade going well. AUD strong this morning!

Looking at GC and EC as well for a big drop tomorrow also GJ and EJ further to fall
  • #8,423
  • Jun 7, 2017 1:56am Jun 7, 2017 1:56am
Hi

I have been trying out this new strategy that stumbled upon forum.

My chart has 5 SMa, Accelerator Oscillator & Dots. Trade is valid if these criteria are met

1) Price crosses 5 SMA
2) To Sell: I need to see 2 bull candles followed by 2 bear candles
To Buy: I need to see 2 bear candles followed by 2 bull candles
3) Dots must be there. Dots signify potential reversal. I used it to close trades 100% and to look for potential setup, if any.
4) Additionally, I use Accelerator to avoid bad trade. To sell, AC bar must be red color (it doesn't matter below or above 0) and
vice versa for buy trade.

I trade live with this strategy. Results have been quite good as now I dare to let my profits run.

The pics show my live trading account as well as my demo trades.

Green pips to all.

Ana
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XM MT4.png Size: 101 KB
Click to Enlarge Name: nzdusdpro-d1-gain-capital-uk.png Size: 150 KB
  • #8,424
  • Jun 7, 2017 3:25am Jun 7, 2017 3:25am
Quoting yanah12
Hi I have been trying out this new strategy that stumbled upon forum. My chart has 5 SMa, Accelerator Oscillator & Dots. Trade is valid if these criteria are met 1) Price crosses 5 SMA 2) To Sell: I need to see 2 bull candles followed by 2 bear candles To Buy: I need to see 2 bear candles followed by 2 bull candles 3) Dots must be there. Dots signify potential reversal. I used it to close trades 100% and to look for potential setup, if any. 4) Additionally, I use Accelerator to avoid bad trade. To sell, AC bar must be red color (it doesn't matter...
Hello.
Nice to have you here.
It looks interresting what you have been investigated and discovered.
Hope all goes well for you.
All the best
Oddbjørg
All the best to all of you. But don't follow me. I am a learner.
  • #8,425
  • Jun 7, 2017 4:48am Jun 7, 2017 4:48am
Hello Guys,
Today i Took only EURAUD and the Pair are performing really great until now.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB
  • #8,426
  • Jun 7, 2017 4:59am Jun 7, 2017 4:59am
Quoting yanah12
Hi I have been trying out this new strategy that stumbled upon forum. My chart has 5 SMa, Accelerator Oscillator & Dots. Trade is valid if these criteria are met 1) Price crosses 5 SMA 2) To Sell: I need to see 2 bull candles followed by 2 bear candles To Buy: I need to see 2 bear candles followed by 2 bull candles 3) Dots must be there. Dots signify potential reversal. I used it to close trades 100% and to look for potential setup, if any. 4) Additionally, I use Accelerator to avoid bad trade. To sell, AC bar must be red color (it doesn't matter...
Hi Ana

Please share Accelerator Oscillator & Dots indi
  • #8,427
  • Jun 7, 2017 5:38am Jun 7, 2017 5:38am
Quoting yanah12
Hi I have been trying out this new strategy that stumbled upon forum. My chart has 5 SMa, Accelerator Oscillator & Dots. Trade is valid if these criteria are met 1) Price crosses 5 SMA 2) To Sell: I need to see 2 bull candles followed by 2 bear candles To Buy: I need to see 2 bear candles followed by 2 bull candles 3) Dots must be there. Dots signify potential reversal. I used it to close trades 100% and to look for potential setup, if any. 4) Additionally, I use Accelerator to avoid bad trade. To sell, AC bar must be red color (it doesn't matter...
Hi yanah12,
Could you please clarify the trade setup for me?
Let me know if I got this right (example for going long):
  • #8,428
  • Jun 7, 2017 5:43am Jun 7, 2017 5:43am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDDaily.png Size: 44 KB
  • #8,429
  • Jun 7, 2017 7:19am Jun 7, 2017 7:19am
Quoting Arabier
{quote} Hi Ana Please share Accelerator Oscillator & Dots indi
Hi

Here's the Wave Dots indicator. As for AC indicator, it comes with MT4 platform.

Ana
Attached File(s)
File Type: ex4 Wave_Dots.ex4   13 KB | 506 downloads
File Type: mq4 Wave_Dots.mq4   4 KB | 605 downloads
  • #8,430
  • Jun 7, 2017 7:38am Jun 7, 2017 7:38am
Quoting wanghaiyang
{quote} Hi yanah12, Could you please clarify the trade setup for me? Let me know if I got this right (example for going long):
Hi

Take a look at the screenshot. No trade if any of the criteria ids not met.
You might want to look at "V trading system" discussion in this forum.

I added 5 SMA crosses, Dots and AC as additional filters.

Closed EurNzd sell with good profits.

I only use this system on daily timeframe.

Green pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XM MT4 (2).png Size: 59 KB
Click to Enlarge Name: XM MT4.png Size: 64 KB
  • #8,431
  • Jun 7, 2017 9:21am Jun 7, 2017 9:21am
Quoting yanah12
{quote} Hi Here's the Wave Dots indicator. As for AC indicator, it comes with MT4 platform. Ana {file} {file}
Thsnk you yanah12. I did find the AC Indicator on MT4 under Bill Williams indi's. This is a great system which I will follow very strictly

Green pips to all
  • #8,432
  • Jun 7, 2017 9:54am Jun 7, 2017 9:54am
Quoting Arabier
{quote} Thsnk you yanah12. I did find the AC Indicator on MT4 under Bill Williams indi's. This is a great system which I will follow very strictly Green pips to all
It feels great to share. Additionally, I check on weekly timeframe n decides accordingly

Green pips
  • #8,433
  • Edited 11:04am Jun 7, 2017 10:41am | Edited 11:04am
Hi Yana,
Would you mind telling us how you determine entry, stop loss? Initial target is 1:1? What do you look for to allow your trade to run?
If you have modified any of the default indicator inputs, would you mind showing us what you did there?

EDIT - ** Also, for the AC indicator, you said AC must be red (above or below 0) for sell...but for a buy did you mean to say it needs to be GREEN (above or below 0)?

Thanks for sharing!!
  • #8,434
  • Jun 7, 2017 11:08am Jun 7, 2017 11:08am
Quoting yanah12
Hi I have been trying out this new strategy that stumbled upon forum. My chart has 5 SMa, Accelerator Oscillator & Dots. Trade is valid if these criteria are met 1) Price crosses 5 SMA 2) To Sell: I need to see 2 bull candles followed by 2 bear candles To Buy: I need to see 2 bear candles followed by 2 bull candles 3) Dots must be there. Dots signify potential reversal. I used it to close trades 100% and to look for potential setup, if any. 4) Additionally, I use Accelerator to avoid bad trade. To sell, AC bar must be red color (it doesn't matter...
I admire ur strategy of trading the daily time frame and it seems simple and clean. I hope the dot indicator doesn't repaint???
  • #8,435
  • Jun 7, 2017 4:33pm Jun 7, 2017 4:33pm
hi
check this
iNTELLEGENT HEDGE MARTY ON BREXIT
Inserted Video

INTELLIGENT HEDGE MARTY EURUSD
Inserted Video
  • #8,436
  • Jun 7, 2017 5:06pm Jun 7, 2017 5:06pm
Will prop. take au 1) now, and let 2) run or walk rather with 15 sl.
120 pips + So that is it for today.
All the best.
Thank you.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #8,437
  • Jun 7, 2017 5:10pm Jun 7, 2017 5:10pm
Quoting jelloooo1
hi check this iNTELLEGENT HEDGE MARTY ON BREXIT https://youtu.be/GF2LCEAeQzY INTELLIGENT HEDGE MARTY EURUSD https://youtu.be/R8patg-G9nA
Remove this crap from the thread and go away.
  • #8,438
  • Jun 7, 2017 7:38pm Jun 7, 2017 7:38pm
Quoting yanah12
Hi I have been trying out this new strategy that stumbled upon forum. My chart has 5 SMa, Accelerator Oscillator & Dots. Trade is valid if these criteria are met 1) Price crosses 5 SMA 2) To Sell: I need to see 2 bull candles followed by 2 bear candles To Buy: I need to see 2 bear candles followed by 2 bull candles 3) Dots must be there. Dots signify potential reversal. I used it to close trades 100% and to look for potential setup, if any. 4) Additionally, I use Accelerator to avoid bad trade. To sell, AC bar must be red color (it doesn't matter...
Impressive yanah! Thank you for sharing this.

In EJ screenshot, there is Green dot down - in that case should that be a cue to close the order? What happens if you see green dot, but AC is red and candles have crossed sma 5?

Green pips to all.

TIA
  • #8,439
  • Jun 8, 2017 8:41am Jun 8, 2017 8:41am
Quoting kski
{quote} Impressive yanah! Thank you for sharing this. In EJ screenshot, there is Green dot down - in that case should that be a cue to close the order? What happens if you see green dot, but AC is red and candles have crossed sma 5? Green pips to all. TIA
Hi kski

When the Dots appear, I'll close 100% of my trades as there's a probability of reversal. These Dots only appear at
significant levels (support or resistance). If the support/resistance levels are broken, the Dots will disappear as
the levels are no longer considered significant. In other words, you know that it's not the time for reversal yet.

This is how I take my trades (step 1 & 2 are critical):

1) I look for 2 bulls & 2 bear candles to sell or the opposite for buy (V formation)
2) Price must already crossed 5 SMA

3) Colored Dot appears (ready for reversal).
4) AC must either be red (sell) or green (buy). If the AC indicator is not in-sync, I will wait.

SL will be placed at the previous high level. Once in profits, I'll do trailing stop. Trades will be closed at the first
sight of colored Dots. R:R is usually 1:2 or more depending on pairs.

Green pips
Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4.png Size: 70 KB
  • #8,440
  • Jun 8, 2017 9:08am Jun 8, 2017 9:08am
Quoting yanah12
{quote} Hi kski When the Dots appear, I'll close 100% of my trades as there's a probability of reversal. These Dots only appear at significant levels (support or resistance). If the support/resistance levels are broken, the Dots will disappear as the levels are no longer considered significant. In other words, you know that it's not the time for reversal yet. This is how I take my trades (step 1 & 2 are critical): 1) I look for 2 bulls & 2 bear candles to sell or the opposite for buy (V formation) 2) Price must already crossed 5 SMA 3) Colored Dot...

Nice little system.

BTW, EURUSD crossed on 4 hr chart and looking good (going down)
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