Hi, Rancho, Shausmann and Shahzadfx!
Thank you for your contribution.
The best an operative thing here should be to post whatever we have tested.
Demo whatever idea (tool) and when you have results, post it. It will be easier for all.
Again, thank you!
I've read all post in this thread - great work Nina and all U guys - i'm a programer - if u will need some help with creating somekind of indicator or EA just ask.
In the mid time I found this article, mabye this will help U with exit strategy:
Well, I think - CatFX50muram has missed this buy trade - am I right?
Hi Kalenzo, you're right looks like it missed a trade this morning, can you see if you can create an EA for this strategy with take profit and/or trailing stop?
For short term profit's like this week where there is no trend in consi. phase I'm looking at Sto (5,3,3) for crossing to exit, but this will not work for the big pips move.
In a thread before I mentioned to have an audio alert on multiple pairs if you watch another pair if the CatFX50 entry is validated. (shi_channel_talking) is doing this.
Thanks for your help.
No trading is better
it is better that both crosses simultaneously
see the attached file
Yes, i was thinking about it - and i will write SL that is moving after open order (not after gain 15 pips)
Yes but if we can take 10 or 15 pips every trade - looking at stoch then it will make a nice prfit for us. Like nina said - small pices small pices.
I dont know the rules (or dont understand) how to validate each pair on another - besides the dependeces of the pairs are changing... If u could post exact rules of this idea then i can make U an indicator.
I thought so - but i wasnt sure of that.
But in other way - how do u explain this ?
Ok, forget about the audio signal just an idea, better to watch the pairs. Can you do the EA ? Please with profit and loss and trailing that you can adjust.
Open price is above EMA50 and cross does not complet,
I think whenever Open price is blow EMA50 and close price
is above that the cross is true.