My attempt to trade

Trading Discussion
1

Up to last week I used three charts of the same forex pair on a single screen. I do’nt think that I am the first person to try it. I needed indicators that is on all of them and if I knew how to put every thing on one chart, I would not like it as well. I do like to see my candles and do’nt want it to be crowded. I have seen charts where I had to look intensively to see where the candles or bars is.
So this is what it looked like.

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I did use all three systems individually before but was not happy with them.
The one on the left is The Amazing 5-10 EMA cross over system with ADX and RSI. I have seen a few names for it all ready.
The one on the right is from Big E, from FF 's Trading made Simple That has been discussed on BP by Johnnycanoo.

The one in the middle is Easy entry System with colored Candles. It is an old system from FF and I could not find any info about it on BP.

The middle one is where I start as I only use the dotted ma for the trend. I use the 1H time frame and only trade if it is the same on the 1h, 4h and 1D. The bars I do’nt like as it changes color even after the next bar has developed. The arrow all so only appears after the bar has closed,Many false signals.

The chart on the right is next. The stoch is normally the first one to cross and then 1 bar later the TDI is crossing. At the close of that bar I normally enter a trade.I all so check the chart on the left for the MA s to be very close to each other.

As the next candle starts, the chart on the left will show the two MAs have crossed. As I do not have much time to trade, I can see here if I have missed a trade and with how much time to maybe take a late entry.

The downside of the system is that it takes some time to set it up for each pair, so I only traded it on the USD, EUR, GBP, and JPY combinations.

As I said, I used it until the weekend and since yesterday I am using Trading made simple ( r ), also from FF. It has been developed only recently from the previous one.I do however miss that dotted MA and might see if I could get it working in the template I am using.

Thanks for reading

2

Good luck with your systems. I fear you’ll be back with a whole new 3 systems soon.

3

Hi Rickster99, I knew I was not the first one to try this. From your experience, why do you shoot it off so fast.
It is all about trading with the trend. I know in a ranging market it would not work well, but then the trend is just over a very short time. We need the movement to trade.

I could only right click on the chart and selected another template, but I wanted to see it together.

As I mentioned, I do use another system since Monday and This morning I did get the dotted MA on the template and I like it.

For experience I do need to try as much as possible. I already intentionaly did trades the wrong direction and traded without take profit and stoploss to see what is happening and what it do to one’s balance. I need the experience before I trade with real money. It is useless if some one just tells you its going to wipe your account from the table.