MrSpreadBetting FREE system blog

Beginner Questions
21

The above picture is only showing trades took between the 30th Oct to 5th Nov on cable(GBP/USD)

The next post will be a picture explaining how to use the first set of signals which are MA based!

Part 2 will be adding the indicators.

Part 3 will be putting it all together.

Part 4 will be real -time trades via video OR picutes.

Davie

22

Oh I forgot one thing.

I know I said the 2 pairs that I would focus on were GBP/USD, USD/JPY but just to show I am not cherry picking charts to fit in with this system I would like some of you to give me a pair and a time to show examples on just to show you that I’m not cherry picking charts.

This could be something like, EUR/USD, between 24th July - 27th July.

Try and keep it limited to a few days so Im not going throught lots of data.

23

If you don’t have that time then I don’t understand how you can have the time to waste defending stuff you know nothing about.

Have a great day yourself

24

As long as no rules are broken everything is fine.

Welcome :slight_smile:

25

Mrspreadbetting finaly you can start with the system i will se if it is something for me :slight_smile:

I read with intrest carry on please.

best regards

26

ok here is a challenge gbp/usd 1H timeframe from 090216-0218

what about that :smiley:

best regards

27

Hi sorry I don’t know if its my PC or something else but the date/time you have posted for GBP/USD turns up as a skype number ?

Mybe its just my PC thats showing this as I have windows7 now and maybe set up wrong.

Please confirm the date/time or is it a skype number ?

28

2009-02-16 untill 2009-02-18

it is a date from febrary 16 untill 18

best regards

29

I’m glad we’ve moved on from the drama…:stuck_out_tongue:

Anyway; what constitutes an entry and exit? I see MAs mainly and trendlines. What TF chart is used? I guess these questions will be answered in the following installments of the system, look forward to reading more.

30

Here is the results from you date!

16th18th.jpg700×387 35.2 KB

31

The instructions of part 1 are in picutre 2

32

ok here is what i see on my mt4 on the dates Ih time frame and gbp/usd

the red lines are the start of 16 and the stop of 18 so the period between the lines are 16-18 of february

best regards

ny.jpg700×369 39 KB

33

Also i understand the buy signal you have in your pic but i dont understand the sell is it not always the blue when it is above you buy and when it is below you sell?

also with the shift in the sma´s is not the buy and sell signal apear mutch later then it shows in a backtest ? 5 periods later or am i whrong here ?

best regards

34

in your picture the red bar #5 indicating a sell, the red sma is crossing above blue not below. Is that a typo? did you mean to say the opposite?

Here is a picture of Feb16 through Feb18 GBP/USD 1H. Between the two vertical black lines.
Seems like there should be some way to avoid it during these ranging periods? Hard to see making anything there.

feb16to18gu1h.jpg700×455 40.2 KB

35

I think the bluesma is not created untill after 5 bars one can see the if you look at the chart in realtime

best regards

36

all three MAs are 5 period so they are an average of the last five bars. So it’s not that it doesn’t appear, just that it averages the last 5, so it’s lagging like all MAs, that’s not necesarily a bad thing. Just have to keep it in mind.

I trade a 1h strat, you have to get good at recognizing when it’s trending and when it’s ranging. When it’s trending the strat is obvious, follow the trend. When it’s ranging, do the bollinger bounce. Two different ways that price can behave so you need two different ways of trading it. And you need to be able to recognize the difference.

37

Hi,

I think the best think for me to do is make a video with a few real time trades to show and explain this part of the system so far. This will make it easy to understand and see it in action.

I will do this next week one the markets are open.

38

please do i really hope your system works because it is simple and as you show verry profitable :slight_smile:

best regards

39

this makes sense to any one:confused:

or is just me that have problems understanding how a MA with 5 candles delay can make you get in a trend earlier:confused:

i really hope this works for someone but…:smiley:

40

well rulimia22 i im verry curious how he makes the trades and hope he will show us how to do it. I had hoped for one of your system but i could not use anyone of them the latest have to many wipsaws. The other one with highs and lows i did not really get and i dont think many did.

best regards