why you on a 1 min chart. System said 1 hr chart. 30 min is ok but anything less you will get to much noise
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i ust looking at it how it behave thats all and it moves fastest in 1minute so i dont need to sit and look at it for a week, just looking dont mean im going to trade this timeframe.
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yeah but way to much noise no room for market to breath. look at back test but remember your entry is 5 periods after the cross. A little miss leading in the origional brief. just closed Eur Usd for 130 pips
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according to the thread starter look at his trade he has a few looses but they are verry verry small to be on the 1 or 30 minute time frame so there must be more to it ?
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for sure it is not the non existant holy grail, any indicator is just that. but showed a profit today on eur usd, gbpusd & usd cad all 100pips plus maybe need to monitor for some time
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put a visual chart in your mt4 strategy tester and set the MAs he said and look how they do.
you can see how the system works for a week in just a few minutes.
how do i d that ?
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on the top of your screen press view. then strategy tester.
then chose any sample EA you have
chose a symbol (currency pair)
period (eg 1H)
chose visual.
then press start and a new chart will appear.
put the strategy tester on pause and drag the indicators you want to the chart (in this case the MAs)
chose the speed you want and look how it does.
P.S.: don´t care about the trades made from the EA you have put running
i have looked at the picture the thread starter have he have enter 1 candle after the cross that he have say is the signal the blue cross the red this is hard i think because it takes 5 more candles to se the cross. So maybe tit was not me and rulimia22 that scared him off anyway :eek:
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I guess we will never know now
look at the pics in post 20 and 30 and you see i know you did a good trade was it yeasterday ? but look at the system the right way 5 candles after the cross of the blue line to the red look 6 mounth back and i dont think you will come out a winner with this sytem.
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I would not think about this as a “system” as it is incomplete, but it is interesting to monitor along side my live trading, may find some merit in it yet
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