30 tf - page 6

 

hi

ismailv:
uptrend lows should not excedd bottom channel.

downtrend highs should ot exceed top channel.

when trend up buy bottom channel and whe down sell top channel.

strong trends break outside channel.

watch stoch(3,2,2) and 5period cci.

The key to trading is what tells u that the market is up or down or sideways.

where do u put your SL ?

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Forex Indicators Collection

 

A Baby Trader.........

ismailv:
Heartnet u asked for an exit strategy. This will depend on three things.

1)ranging market, 2) medium trend and 3). strong trend.

If u can identify what sort of trend u are in then your exit strategy will be based on that.

ranging markets within an envelope or band or channel.

medium to strong trend, use a displaced moving average such as 6,4 or 25,5

try and see what works. or even going to a hgher time frame and trail it using either the high or low of the bar.

dont limit yourself to 30 min tf use 15 tf

for trend and direction use at_ZDn indicator, stoch 4,2,2 and a double channel such as 20,.03/.05. also suggest study one market before going to other markets. use eurjpy

ismail

what I understand from you correct me if im wrong)

1)exit on ranging price is in envelope

2)medium and strong-needs you to post chart..im a newbie.

3)for trend direction need charts too

sorry for many request.

 

???????

masemus:
Hi, thanks for sharing

i use stochastic to..., see the pic

Regards,

masemus

can you elaborate more??

its interesting..

 

A Baby Trader.........

interesting....

Files:
ej201520min.gif  29 kb
 
ismailv:
uptrend lows should not excedd bottom channel.

downtrend highs should ot exceed top channel.

when trend up buy bottom channel and whe down sell top channel.

strong trends break outside channel.

watch stoch(3,2,2) and 5period cci.

The key to trading is what tells u that the market is up or down or sideways.

Hi ismailv.....nice template, can post the indicators and the tepm please. And can you post some rules for this system. Tahks

 
heartnet:
can you elaborate more?? its interesting..

hi,

what i do with stochastic?

see the pic, hope it can do more easy if you trade only using stochastic

(look at TF M5 ::: you will see more interesting there)

enjoy your trade 'n enjoy your life...

cheers,

masemus

Files:
 

Interesting template masemus, will check it out.

 
jturns23:
Interesting template masemus, will check it out.

yup, check it 'n compare with this one... (right side at pic)

indicators : BS_RSI (5) cross at 'horisontal' line of BS_Stochastic (5,3,3)

Files:
 

looks interesting.........

this is what i understand..correct me masemus....and please post the template here(in zip format not RAR)

Files:
 

looks interesting.........

looks good but exit should be improved...seniors play your part here!!!

its would be great to see the system improved..and im waiting for V2 of the system...