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Thread: Trend catcher

  1. #1
    bullish trend is offline Newbie
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    Default Trend catcher

    Hi everybody,
    I tried to develop a fx system which will catch strong moves and look for lots of pips. This sounds greedy but i have only few trades a month. I look to keep it simplier i can. Of course thread is open for your opinions and you may suggest some changes to make it better. I only traded demo and it worked well for me. Did it 6 months and now i'm considering about real acc.

    Indicators:
    EMA 5(close)
    SMA 10(close)
    adx
    parabolic SAR

    Rules:
    Enter long when adx is greater then 30 and faster MA is above slower. Enter short when adx is greater then 30 and slower MA is above faster one. We will be looking for exits when there's crossover or parabolic SAR points 3 dots in opposite direction. You can set T/P and S/L near the support and resistance or pps, or you can just wait for crossover. I am most comortable with H4 TF. It works for me for now.
    P.S. dont hestate to tell what you think about it

    H4 EUR/USD exemples
    tren catcher.jpg
    oak likes this.

  2. #2
    astock's Avatar
    astock is offline Newbie
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    yes, sounds a good idea.

    can you post the chart in a bigger size?? very small - difficult to see.

    regards

  3. #3
    surfboard is offline Newbie
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    Like the strategy and the indicators, but the chart is too small, can you post a bigger one.

  4. #4
    littlemay is offline Newbie
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    how to work out support and resistance or pps

  5. #5
    bullish trend is offline Newbie
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    sorry for bad picture, here is the same but zoomed

    zoomed.jpg

  6. #6
    bullish trend is offline Newbie
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    @ littlemay: you have support and resistance, and pivot points explained in school of pipsology...for support and resistance i use websites like forex crunch

  7. #7
    littlemay is offline Newbie
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    Its the same size as last one actually

  8. #8
    littlemay is offline Newbie
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    Quote Originally Posted by bullish trend View Post
    @ littlemay: you have support and resistance, and pivot points explained in school of pipsology...for support and resistance i use websites like forex crunch
    I m getting it mate....the website you mentioned its really great...

  9. #9
    astock's Avatar
    astock is offline Newbie
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    unfortunately, i cant zoom the new chart

  10. #10
    bullish trend is offline Newbie
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    Quote Originally Posted by littlemay View Post
    Its the same size as last one actually
    Same size but zoomed. I'll try to get you a better one

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