Many Many Thanks to Nina, Muran & Kalenzo and realy Nina Deserve for a Bunch of Thanks and really she did a great job.
Yes Treberk I am facing the same problem as my PC is almost Dead when i open MT to use CAT50FX but i Observe its due to StepMA_Stoch indicator.
Just remove for a moment and check.
Again Thanks a lot for everyone who share his experience with newbies.
Enjoy and good pips to you!
Sometimes when you have a lot of stuff loaded, MT4 goes off. Try to find what sucks most.
Here you are:
Try this one.
Thanks to muram i've opened my eyes and added EMA cross param
Levels to watch:
EURUSD must keep above 1.2003 and 1.1965 if we want it up. While it keeps above those levels, EURUSD is set to go to 1.2302.
USDCHF must keep below 1.3041 and 1.3080. If it does so, next will be 1.2743.
GBPUSD must keep above 1.7459 and 1.7424. If it does so, next big one will be 1.7760.
Just a reminder. It was posted on 4-1-2006 at 11:13. Post 215
hm... no tades today yet????
Today's Recap so far (15:35CET):
EURUSD, sold at 1.2110 (14:30). It made a low at 1.2015. +95 pips.
USDCHF, bought at 1.2780 (14:30). It made a high at 1.2874. +94 pips.
GBPUSD, sold at 1.7658 (15:00). It made a low at 1.7607. +51 pips.
TOTAL = +240 pips.
Have U used my indicator?
I was using it but i'm now in work and I've missed GBPUSD trade
I used useStrictRules - false
And i'm also not greedy so i've put TP 30 pips - but i see now i should use at least 45 or 50.
EURUSD, sold at 1.2110 (14:30). It made a low at 1.2065. +45 pips.
USDCHF, bought at 1.2780 (14:30). It made a high at 1.2844. +64 pips.
GBPUSD, sold at 1.7658 (15:00). It made a low at 1.7624. +34 pips.
TOTAL = +143 pips.
Hi Nina .. yes it worked again
Could I suggest something about your "trades" above. The rules state to enter a posn on the Open of the next bar, so assuming that a trader presses Buy when the next 30m candle appears, they will be filled at the Open + spread, so it might be a better idea to add 4 pips to the entry for Long trades.
Whilst the exit rules are still being discussed, at least traders following this method can see "realistic" entry prices on the Long trades.
again, well done with the method and thanks for sharing
Yes, you are right. But sometimes you have the close almost kissing EMA50.
That's why I say "at the open of new bar".
I want to be honest, billm, the system worked again, but I want to stress that signals on EURUSD and USDCHF were made at 14:30 bar, that means "news time". It is very dangerous to trade those bars. That's why I only took 50k on each. At 15:00 bar I added more.
Cable was different.
Your indicator gave a nice signal. Mookfx and Muram ones gave nice signals too. Your dot on cable is missing. Maybe cause EMA50 and open bar have same value according to some brokers.
Dots on USDCHF and EURUSD, great.