Trading Systems Based on Signal Indicators - page 5

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This is the final statement for today:


By the way, I will make an entrance to Job service tomorrow to convert NRTR color line indicatorto MT5 and will upload it here and to CodeBase too. And in this way - we can trade this system in more easy way.

Files:
asctrend_2602_1.zip  11 kb
 

Very interesting, thank you for sharing.

Is there a better timeframe to trade with asctrend indicator ?

Basically you enter when the signal bar is close, with a stoploss indicated by color point. But what about exit ?

 
I did not find indicator for exit yet. Exit is stop loss moved by trailing stop in my case.
 

This are some trades for today for EURUSD and USDCHF:



 
newdigital:

I was talking about those 2 indicators (attached). At least one indicator should be converted to MT5 with some improvements: NRTR Color Line indicator. If someone can do it for free so please upload MT5 version to this thread. If not so I will make an entrance to Job service.

But asctrend system is not about one indicator. There are few indicators for this system.



I am already ask some coder to convert this NRTR Color Line indicator to MT5 so we will have this indicator for asctrend system soon I hope. Just for information.

 
newdigital:

This are some trades for today for EURUSD and USDCHF:




I didn't understand, how you place these trades and stoploss, can you show your orders/deals history ? You said to place order on close of signal (open of next bar) and color is used as stoploss (trailing) but I dont'see this on your charts.
 
Those charts are M1 but I am trading on M5. And yes - exactly as I said - open the trade on next bar. But I am missing the movement in some cases so I am entering in the middle of the trend ...
 

This is the example with M5: I was writing some comments on some topic about market condition, analysing etc. but when I switched the chart to this system - it as too late ... you can see red dot? and where I enter? too late ...

same with USDCHF:

So, I just opened those 2 trades and after that - I switched the charts to M1 timeframe (just to move stop loss by mouse on the chart; and to get at least some pips in profit). Trades were closed by stop loss but in profit in anyway.

 
angevoyageur:
I didn't understand, how you place these trades and stoploss, can you show your orders/deals history ? You said to place order on close of signal (open of next bar) and color is used as stoploss (trailing) but I dont'see this on your charts.
I was moving stop loss by mouse on the chart.
 
newdigital:
I was moving stop loss by mouse on the chart.

Thank you, it's more clear now. But if you miss a signal, isn't it better to wait next signal ?

Anyway seems very interesting. May be, give it a try on higher timeframe if you do not have time to follow M5 ?

Edit : I just see there is already an EA that use this indicator
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