Stoch RSI System - page 2
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Been close at pivot for a 37 pips move....
Beware, SL need to be at least 20 pips, or cut position at breakeven, and renter at next close bar over 21 SMA.
Too bad!
Too bad i cutted it at pivot, it made another 20 pips after i closed my position.
Ah well.... Hehe!
Been 60 pips move whitout breaking the 4 SMA on 15 TF! Hummmm!!!
Correction
Hum, ok ok, 80 pips move.....
Out of the rules
Out of the rules trade. Just a lucky shot!
Ok real enough now! Hehe!
Take care all!
New Template
Here a new Template.
I just added a more accurate "volume" indicator. When "Volume" get under 15 MA price will stale. Over it it will trend.
Rules see post number 1 https://www.mql5.com/en/forum/178732
NIght Trade
Sorry for large image just too tired.
Always same story i don't follow my own exit rules and let a couple of pips go away.
Well, well. 32 pips move ain't that bad.
thanks for sharing this bro... i will give it a try...
wooww..Great.
I also use that Joget But you using TF 15
for the simple2 can u explain he rule..
So smart...Best system...I well test more & more the perfect Rule from you inzider...
Thank for your helpful..
I also use that Joget But you using TF 15
for the simple2 can u explain he rule..
So smart...Best system...I well test more & more the perfect Rule from you inzider...
Thank for your helpful..Thx for good comments bud, really appreciated! I also appreciate you will to push the system to the best whit me. All together we will beat the FX monster! Hehe!
Simple2.tpl rules are the same as post 1.
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Buy/Sell when stochastic have cross in the way of the trade, and wait for 4 SMA to CLOSE over/under 21 SMA whit ADX over 20.
I also look at RSI over 60 for a buy or under 40 for a sell and if 15EMA on volume indicator have been broke.
Under 15EMA the price stale most of the time. I like this upgrade!!
Close the position when 4SMA close under 4SMA shift 1. (White and blue line).
Renter on next stochastic cross in the same way of the trend. Wait for signal (4/21SMA) to enter reverse trend.
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I trade some variation of this system but that's the basic rules.
Wait for confirmation of Stoch cross and 4 over 21SMA whit those arrow that appear on the chart. Little ones are the stochastic, big one are about the 4/21SMA cross.
I had no false signal yet, but wait for the close bar (= confirmation) before entering ANY position.
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I hope its clear, any question, suggestion welcome!
Take care!!!!!
INZ!
Doing gr8 buddy!!!
Do drop by my journal sometime for some advice too...
Sonic System!!
sonic