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A Baby Trader.........
actually I have my desired alert....but its late in alert......like this...attach here is late vrsion with alert believe me its give late signal:diamond:red when stoch cross 50 from up to down green cross up.
arrow red:cross down line 76.4 or 23.6
green arrow:cross up line 23.6 or 76.4
if you all(coders) think doesnt want to make a new one instead to fix this...tell me Ill upload the indicator..
p/s:the indicator also have pop up window...
do you think its suite for 30min + what your exit rules?
It should work on any time frame.
For exit I would use a 50 or 100 pip (depends on how volatile a currency is) trailing stop to take me out. But you can also simply exit a trade if the SpudStoch or RSI crosses the 76/22 or 50 line in the opposite direction of your trade...
???????
so coders+newdigital what do you think fix the older one or make a new on?
attention!if the alert is satisfy me.weeks after I try it Ill post the developed strategy V1 which is better.so who will to code, post here...
Sharing Is Caring
still waiting for.........the alert...once the alert been make V1 will be release then V2...
I find FX5 divergence is nice...
any1 tried!!??
???????
I find FX5 divergence is nice... any1 tried!!??
Im on testing it.....
I Want The E-book
Quick reference of the system...
Check it out..
Any idea of improvement?Post here
this is old version.
The new version will be release on june.
Hi, thanks for sharing
i use stochastic to..., see the pic
Regards,
masemus
Exit Strategy
Heartnet u asked for an exit strategy. This will depend on three things.
1)ranging market, 2) medium trend and 3). strong trend.
If u can identify what sort of trend u are in then your exit strategy will be based on that.
ranging markets within an envelope or band or channel.
medium to strong trend, use a displaced moving average such as 6,4 or 25,5
try and see what works. or even going to a hgher time frame and trail it using either the high or low of the bar.
dont limit yourself to 30 min tf use 15 tf
for trend and direction use at_ZDn indicator, stoch 4,2,2 and a double channel such as 20,.03/.05. also suggest study one market before going to other markets. use eurjpy
ismail
watch lows in uptrnd and highs in downtrend
uptrend lows should not excedd bottom channel.
downtrend highs should ot exceed top channel.
when trend up buy bottom channel and whe down sell top channel.
strong trends break outside channel.
watch stoch(3,2,2) and 5period cci.
The key to trading is what tells u that the market is up or down or sideways.