Sergey Golubev / Profil

There are a lot of trading systems based on this indicator. So, this is the one of them :

Schaff Trend Cycle with EMA 100

1. Time Frame: 15 min and above
2. Pairs: Any
3. Indicators:

Schaff Trend Cycle
Ema 100
Stochastich (21, 9,9)

Rules to enter a long trade

The 100 exponential moving average is sloping up.
Wait for the Schaff Trend Cycle to reach oversold territory on the chart (-10 +10), go long when the Schaff Trend Cycle turns back above 10, and Stocastich crosses line up
Place stop 10 pips below the most recent level of support.
Take profit: Close the trade if the Schaff Trend Cycle indicator goes below 90

Rules to enter a short trade

The 100 exponential moving average is sloping down
Wait for the Schaff Trend Cycle to reach overbought territory on the chart (90-110), go short when the Schaff Trend Cycle turns back below 90, and Stocastich crosses line down.
Place stop 3 pips above the most recent level of resistance.
Take profit: Close the trade if the Schaff Trend Cycle indicator moves down to -10 and then rises back above +10

Abandoning Mt. Gox, BIPS Chooses Bitstamp as the New Partner

BIPS, a Europe-based Bitcoin service provider, has announced that though it has been using Mt. Gox to convert between fiat currency and Bitcoin, the latter is darn slow in processing the transactions.

The largest provider of Bitcoin payments in Europe, BIPS claimed that though the number of sell orders has increased recently, there has not been any improvement in Mt. Gox’s processing speed.

Recently, we also published news that Bitstamp surpassed Mt. Gox (http://www.forexminute.com/bitcoin/bitstamp-giving-neck-to-neck-competition-to-mt-gox-8805). Now, this new decision on the part of BIPS is another opportunity for Bitstamp and another loss for Mt. Gox, which is facing huge problems.

BIPS which was launched in 2013 was designed to perform Bitcoin tasks. Currently, it serves more than 10,000 customers globally. Operating from Denmark and Canada, BIPS has a lot of experience in creating Bitcoin payment solutions in the world and for that matter is trusted a lot by customers.

BIPS is PCI-DSS ready. Customers can trust its knowledgeable team which ensures Bitcoin is integrated effectively and efficiently. Now that the organization is signing in with Bitstamp, the efficiency will increase further as the latter is also known for effective and efficient services as well as great customer care services.

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Russians decided to get order in the state instead of human rights - read this article (russian language only sorry) - http://lenta.ru/news/2013/07/27/order/

Interesting EA by Ubzen for Metatrader 5/ EA is inside attachment by source code. Backtesting results were uploaded as well. Go to the thread and join the discussion. From the author:
"Description: The UbzenA_20130725 is a system which places random_trades. Adds to negative trades when the number of -pips exceeds the bollinger_bands pips. I would consider it a scalper. Includes a stoploss using actual deposit currency $. The take profit is also actual currency $. The volume_size uses a time_passage to increase the volume (if system still negative). I like this volume_sizing because you can dial-up or dial-down the aggression depending upon your appetite.

-Pros: Ability to survive multiple years of testing and market conditions.
-Cons: No get rich quick. Requires a relatively large investment capital.
There's no optimization done to this system. Any suggestion for improvement, positive or negative (just don't be rude about it)."

How to post code on this forum

small article about how to use GUPPY MULTIPLE MOVING AVERAGES indicator (GMMA) with indicator from MT4 CodeBase - famous indicators with famous theory!