5 SMA better than 5 EMA ? We have to do quick check every 4 hours, so we have to wake up in the middle of the night to check it ? That is quite tough

4H 5EMA System

AUD , NZD , CAD are quite related to gold. They are consider commodity currency. Anyway, out of topic.

Trading System Using Relative Strength-Part 2

I think level 1 is the original system. Level 1 all, 15,30,60,240 If a currency agree on those 4 TF, flag it out Bigger than other front or even change it to deeper colour (Dark green OR dark red). If a currency agree on 4 TF with TP 10 pips no SL, ...

Trading System Using Relative Strength-Part 2

hmm, ur idea looks good. I will check every 15 mins and for those currency with 4 TF agree I will trade with 10 pips TP with no SL. With 4 TF agree, I think it will increase the chance of getting TP hit faster. With 4 TF agree + low TP (10 pips) + ...

Trading System Using Relative Strength-Part 2

Yes, I am using FerruFX indicator with level 1 setting. Using 4hr and 15 mins TF to trade. After the start of a new 4 hr cycle, wait for 15 mins and look at the 15 mins TF, for all the currency that follow the same direction in 4hr, trade it with 10 ...

Trading System Using Relative Strength-Part 2

Yes. Each TP 10 pips and come back after 15 mins if u still have any currency left in 4hrs not traded according to 15 mins TF recommnaded trade. If all is traded one time on the 4hr recommended trades, come back on the next 4hr reset (Don't trade ...

Trading System Using Relative Strength-Part 2

I am not sure at the moment because so far from my testing, all has been hit, sometimes within mins sometimes more than an hour. They will get hit anyway from what i see. I notice that most of them will get hit within an hour and some are been ...

Trading System Using Relative Strength-Part 2

Set to level 1. I am doing testing and it has shown interesting result. Will continue to see what happens. I think going forward, trading using multiple time frame (Higher TF for trend and lower TF for entry) is the way to go ? Which is the best ...

Trading System Using Relative Strength-Part 2

I have been using 4hr TF to show to main trend and using 15mins TF to do entry. Tp 10 pips with no stop loss. I only enter once for each currency shown on the 4hr TF. After 4hrs, wait for 15 mins, if the currency on the 15 mins TF flag out same ...

Trading System Using Relative Strength-Part 2