Simple and powerfull

[dj083]

Anyone else had success with this?

[TalonD]

Looks like it might work better on a 1hour chart

[bnbb2004]

Hello All!

I cannot find the indicator in my custom indicator list. I have tried closing and reopening my platform several times and I still don't see it. Please advise. TIA!

[vpipper]

Originally Posted by bnbb2004

Hello All!

I cannot find the indicator in my custom indicator list. I have tried closing and reopening my platform several times and I still don't see it. Please advise. TIA!

Here is the template and indicator.
thanks

Good Luck

[kon]

Vpipper, thanks for sharing. Just to confirm, you execute a trade when the cross happens on the 15 min chart, correct? Also, what do you mean by "big cross" in your limitation?

As someone mentioned it seems accurate for the hour chary as well. There was cross on the EUR/USD just before it tanked today. Now, on the hourly, it looks like there might be another cross, signaling a reversal?

Thoughts?

[vpipper]

Originally Posted by kon

Vpipper, thanks for sharing. Just to confirm, you execute a trade when the cross happens on the 15 min chart, correct? Also, what do you mean by "big cross" in your limitation?

As someone mentioned it seems accurate for the hour chary as well. There was cross on the EUR/USD just before it tanked today. Now, on the hourly, it looks like there might be another cross, signaling a reversal?

Thoughts?

I take trade after cross occures , i.e in second candle.If candles between "previous cross" and "current cross" are more than 15 to 20 then I dont take immediate two crossess.

And today it happened in EURUSD before it tanked there are two crosses. But my basic rule I follow ; when ever I take trade and if reverse cross occures I close the trade immediatly if I am in loss or profit. it is 15min candle, we will have enough time to close the trade. And also we can see the price action.

I always make sure to put the stoploss, before I place TARGET.
I only look 15min and once in a while 4hr. I dont look anyother timeframe.


thanks

Good luck.

[vpipper]

Originally Posted by mano

Hi there Vpipper,SMA is simple moving average ? if yes, it aplied to close? And wat time or sesion this system works best? This dose looks like a simple solid system... Thanx in advance

Sorry for late reply.. lately.. kind of busy
5SMA and applied to CLOSE.

My basic rule, which I follow very strictly, is look at 4hr chart once, and I goto 15min and trade. Asia session I gofor 20 to 30 pips and London for 45 pips. I dont look any other time frame and no other indicators.

And this system is working for me, because normally stop loss is 30 to 35 pips.. no stress and no worry. Always my stop loss will be Ganhilo + 5 pips or some times little more.
But it works without tension as if as free trades.
Good Luck.

[aaron3719]

so you go wherever direction that the 5SMA is pointing when it creates the cross?

[boom1]

hi dear its easy so plz tel me the easu way of this

[Paulette]

Hi Boom1

Anyone telling you what to do aint the solution, you need to understand what you are doing and need to do. Then you will also find that whats easy for 1 individual aint that easy for the next - these are some of the worthwhile / rewarding steps I have taken:

1) you gotta do some R&D yourself to convince your own conscious / analytical mind; GET the understanding - Babypips is a great starting point.

2) My search suggestions:
2.1) BabyPips: click on School tab - at a push you can fit that into 1 weekend;
2.2) Babypips: search Cowabunga, easy to follow system, regular updates since 2006, watch videos so you can get the hang / catch the wave;
2.3) any other searches

3) Time:
3.1) building your knowledge and understanding takes time;
3.2) compounding your account takes time;
3.3) not every day is a trading day - this aint the office job where you go to work and get paid. Keeping pips safe in bank is also getting paid in a twisted way - you still have them and did not risk them is an undisciplined move.

all experiences provides you with tools for the future - all has a little life lesson to it, so keep on improving your knowledge and keep the discipline - that aint so easy.