So what is more risky?:
- to enter as early as possible just to take the trend from the beginning and close the orders in the middle of the trend (Braintrading system)?
- or wait untill the trend will be fully established to take just some part of the trend onto profit estimating reversal points and non-trading zones (asctrend system)?
I wonder what would happen if one tries the two simultaneously on the same chart and currency to see if they would complement or destroy each other.
Just want to clarify once again:
AscTrend system/indicators/template from this post https://www.mql5.com/en/forum/173249 is very old and classical version of asctrend system. Of course it was proven.
It means the following: when we started this thread long time ago we had just this system created for MT3 and MetaStock. It was something we started with. Most receint systems are in the middle and in the end of this thread.
Those original ASCTrend indicators seem to be working great on higher timeframes such as 4H. I'm actually using 2H which is weird but the signals are fitting pretty well.
A little request
I'm using the sound version of ASCTrendSig but I'm not on my computer at all times so I would prefer the sound alert to ring after 80% of the current period instead of at the closing period to give me time to check it etc. If someone could code/modify it, it would be very appreciated. I'm sure this would help people using ASC on higher timeframe to have the time to actually look at the signal.
Unfortunately it will not work real time. Just have a look at the chart again.
You could put a million on every trade and be a zillionaire by lunchtime
To facilitate tried you input the indicator below this, added with dindikator asc trend
supersignal indicator should paint the past.
There are many good indicators in the world which are very good but on the historical chart only.
Nothing wrong with painting the past but this thread is not related to this subject.
I traded repainting the past indicators:
- some explanation https://www.mql5.com/en/forum/173261
- the other explanation https://www.mql5.com/en/forum/173261
- live trading example with SHI_SilverTrendsig (trades and images): since page #2 till page #4.
BTW this thread is not related to painting the past indicators and because of that I am not using supersignal indicator you posted.
Can you put here super-signal MQ4 version?
Download here ..
Is there a E.A for the AscTrend system.??
Some EAs were posted on this thread. And some more recent versions were posted in elite section asctrend thread. But none of them were evaluated for most profitable settings. So we will need to evaluated some versions and start to test.
But I am sure that all asctrend EAs (posted on this thread and posted on elite asctrend thread) need to be modified. That is why we can not just take and use it. because asctrend EAs need to be improved slightly.
Next week (if I will have a time sorry) I will try to find the better settings.