45 Pips Per Day System Eur/usd

Wasn’t there some one who was attempting to automate this system?

How did that ever work out?

hi guys,
thanks James & everyone else who’ve explained this sytem over & over again.
I just read it & i’m trying to test this system…pls can you guide me with my example. I’ve attached the screenshot of my chart, just wondering where do i exit?

I understood where to enter a position but I cant figure out when to exit…is it at price reversal or …?

regards,
Pret


I’ll make an EA for this system soon. I wrote some simple imitation code to describe the settings, I need to convert it into real code.

I also need to write the exit code, which I haven’t used before. Maybe tomorrow?

that will be great ! thanks mate

This message is for James:

Hi James,

I have not ever corresponded with you but I do follow all of your threads and appreciate all the input that you give to us.

I should have posted this message:

http://www.babypips.com/forums/newbie-island/1897-parabolic-sar-macd-james-system.html

here in retrospect. Sorry - please would you take a look at the message and give me your input.

Thanks again for everything.

Regards,

Dale.

I think I have figured this out. I’ve tested this in demo …
I’ve also figured out why it is important that both the conditions should be met i.e. P SAR dots & the MACS should cross each other.

If you look at the attached screenshot, I saw the P SAR dots reversed at 11am BST and thought that was a reversal and bot , only to find that the P SAR corrected itself to dots on the top (downtrend). I should have noticed that at 11am BST when i saw the P SAR dot , MACD hadn’t crossed so that was clearly the wrong move…

Seniors, am i right?


There is one thing that is so difficult to do.
It is very difficult not to buy/sell when the MACD haven’t crossed yet, but are close and the SAR indicator tells you that it is a good time to act.

I’ve ignored that about 5 times now and I did make a profit 3 out 5 times but it’s risky. But the urge to act is so great.

ybop01—Great Indicator, Thank-you!!!
James, This system Rocks!!! nice consistant pips— I love it!!!

today i really got a hit…:frowning:

if you look at the picture, at 23;00 bst i got a signal to go short…and then at 04:00 bst…P Sar reversed as if to go long but MACD did not cross so i didnt do anything…but eur/usd went up to 1.3666 or something…

pls can someone explain this …pls


[QUOTE=prettrad;8511]today i really got a hit…:frowning:

if you look at the picture, at 23;00 bst i got a signal to go short…and then at 04:00 bst…P Sar reversed as if to go long but MACD did not cross so i didnt do anything…but eur/usd went up to 1.3666 or something…

pls can someone explain this …pls[/QUOTE]

I’m really pretty new to this as well but I can show you what I do visually. I’m very conservative, so I only trade with the MAJOR trends. I hope to get better with this but for now it works well. Here are two pictures of my charts on the same times. The green vertical lines indicate entry and the red vertical lines show when I exit.

Prettrad, I’m not a fan of the charts your using (I prefer metatrader and Oanda), I have had the same problems in the past with your charts, sometimes playing around with different/larger views can help.

Yeah me too.
I was gonna post it here, but someone already did obviously.

The indicators totally fooled me and I lost $130 (just testing with $10/pip)

Also what I really hate is that I missed that big movement up from yesterday :mad:

Hi Guys
Can anyone tell me how you post the [B]Attached Thumbnails [/B]please.

Many thanks
James

Easy…

Post Reply-> Move page down to Additional Options ->Attach Files (Manage Attachments button)

BTW James,
Can you tell me when the best time to close an order is with this system?

[QUOTE=james;8891]Hi Guys
Can anyone tell me how you post the [B]Attached Thumbnails [/B]please.

Many thanks
James[/QUOTE]

Ill give you the steps with IMAGES James :slight_smile:
[ul]
[li]click post button, then hit attachment button (see picture 1) a window will pop up, select files by hitting browse button, and hit upload button to upload it (see picture 2). Use .jpg files for images, because its small in size.
[/li][li]a list will appear in the window, to show you have uploaded the file successfully (see picture 3), you can close the pop up window.
[/li][li]in the main post window hit preview post, and if everything is allright, your attachement will appear as attached thumbnail.
[/li][/ul]

hope its clear enough

Hi Guys thanks for the info what i mean is how do i save a screen shot say from OANDA to jpg to then post on here

Thanks

James

hahah i see, just put oanda’s window in focus, then hit printscreen button on the keyboard.

after that open an image editor, the most simple is windows paint (start-> program->accessories->paint)

then hit Ctrl+v (edit->paste), the picture is now on paint.

save it in .jpg format (file->save as)

hope that helps

Many thanks done it

James

You r welcome James, glad I can help :smiley:

Hi When the macd cross’s or par sar changes i can now show you below its not always perfect but what you lose a bit in one trade you make up in
another.

James