+ Reply to Thread
Results 1 to 10 of 100
Thread: Trend catcher
-
01-01-2012 08:10 PM #1
Newbie
- Join Date
- Dec 2011
- Posts
- 76
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
-
01-02-2012 03:27 AM #2
yes, sounds a good idea.
can you post the chart in a bigger size?? very small - difficult to see.
regards
-
01-02-2012 04:50 AM #3
Newbie
- Join Date
- Jun 2011
- Posts
- 4
Like the strategy and the indicators, but the chart is too small, can you post a bigger one.
-
01-02-2012 06:49 AM #4
Newbie
- Join Date
- Oct 2011
- Posts
- 80
how to work out support and resistance or pps
-
01-02-2012 02:09 PM #5
Newbie
- Join Date
- Dec 2011
- Posts
- 76
sorry for bad picture, here is the same but zoomed
zoomed.jpg
-
01-02-2012 02:16 PM #6
Newbie
- Join Date
- Dec 2011
- Posts
- 76
@ littlemay: you have support and resistance, and pivot points explained in school of pipsology...for support and resistance i use websites like forex crunch
-
01-03-2012 01:25 AM #7
Newbie
- Join Date
- Oct 2011
- Posts
- 80
Its the same size as last one actually
-
01-03-2012 01:28 AM #8
Newbie
- Join Date
- Oct 2011
- Posts
- 80
-
01-03-2012 02:56 AM #9
unfortunately, i cant zoom the new chart
-
01-03-2012 06:31 AM #10
Newbie
- Join Date
- Dec 2011
- Posts
- 76
Similar Threads
-
Forex Trend Catcher
By Bambura in forum Newbie IslandReplies: 0Last Post: 04-02-2010, 05:47 PM -
Turtle Trading is trend following
By geline in forum ForextownReplies: 3Last Post: 08-31-2009, 12:23 AM -
Forex Trend Catcher EA
By prosper4rex in forum Free Forex Trading SystemsReplies: 9Last Post: 03-26-2009, 02:57 AM -
Supernova GBP/JPY Mini Trend Catcher
By cryten in forum Free Forex Trading SystemsReplies: 33Last Post: 05-08-2008, 03:38 AM -
Determining a strong trend
By p1ptrader in forum ForextownReplies: 1Last Post: 05-02-2006, 10:48 PM


3Likes
LinkBack URL
About LinkBacks
Reply With Quote

