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- AlistairC replied Sep 12, 2023
Here are some more updates your update log! And thank you for an excellent indicator. I find it very useful. 1. The alerts work for individual time frames. It would be nice to have an alert for "AllTFTrending" so that when the selected TFs all ...
New Trend Dashboard Indicator
- AlistairC replied Sep 8, 2023
This has been a topsy turvy week, and mostly very slow-moving. I am ending it with a small profit, but nothing to get excited about. I had one proper loss and two proper wins, but lots of manual closes when the markets seemed to be drifting back and ...
MA Crossover System that works for me
- AlistairC replied Sep 6, 2023
That's an interesting question and not easy to answer. One answer I found (from a respected source too!) is that a reversal is a change in the price direction of an asset. Well, thanks for nothing! It depends on your timeframe. A reversal on a 5 ...
MA Crossover System that works for me
- AlistairC replied Sep 1, 2023
I have just received this signal on GBPCHF H4 showing all 3 EMAs are now aligned. But I won't take it because on D1 the trend is still down. The OGT indicator at the bottom shows this, and a glance at the daily chart itself confirms it. It might ...
MA Crossover System that works for me
- AlistairC replied Aug 31, 2023
I have been looking at how you use the fibos to set targets. As I mentioned previously it looks very similar to how walvekarraje does it. Could you give me an idea of what your typical target size in pips is on H4?
MA Crossover System that works for me
- AlistairC replied Aug 31, 2023
Using the 3x3 system (3 EMAs aligned across 3 TFs) there is very little going on. I am waiting for a flood of these trades to start appearing maybe during next week. image
MA Crossover System that works for me
- AlistairC replied Aug 31, 2023
I entered this AUDNZD trade on H4 earlier today. I used a buy limit order, which I seldom do, in order to get in close to the EMAs. Now I have to hope it really does turn around and go with the dominant trend. As security, the entry is sitting right ...
MA Crossover System that works for me
- AlistairC replied Aug 31, 2023
Let's not delve into this; it's an interesting one but I'd prefer not to follow it. There be rabbit holes. But it's out there for fellow traders to explore at home, if that takes their fancy, both the price / MA cross idea and the price / Kijun-sen ...
MA Crossover System that works for me
- AlistairC replied Aug 31, 2023
The Ichimoku system intrigues many traders but I don't know if anyone uses it successfully and consistently. The adaptation shown in the video is basically a single line / price crossover using just one line from the many in Ichimoku, the Kijun-sen. ...
MA Crossover System that works for me
- AlistairC replied Aug 30, 2023
I'm fine with it as it is in essence an MA crossover system. Have you seen how walvekarraje uses the fibos for targets on this thread? url
MA Crossover System that works for me
- AlistairC replied Aug 30, 2023
I didn't realise you had posted this. I'm in the same trade! D1 is in a strong and well-developed uptrend, in fact a bit old and it's one reason I have hesitated in the past. On H4 price and the 2 EMAs are above the 100 EMA so when I got a bullish ...
MA Crossover System that works for me
- AlistairC replied Aug 29, 2023
It's interesting that even with almost the same EMAs being used, your approach has significant differences. For entries you use breaks of trendlines, and by drilling down to LTFs, I assume that the EMA crossover on your trading TF hasn't developed ...
MA Crossover System that works for me
- AlistairC replied Aug 28, 2023
I am currently focussing on just two types of setups. 1. 3-EMAs aligned with D1 trend in agreement. 2. 2-EMAs crossover with D1 trend in agreement. But what does "in agreement" mean? In the 3-EMAs setup I am still a bit undecided. It might just be ...
MA Crossover System that works for me
- AlistairC replied Aug 23, 2023
This AUDJPY trade was based on an EMA crossover signal. Then I saw the chart pattern and placed the TP at the lower boundary for a 70 pip trade.
MA Crossover System that works for me
- AlistairC replied Aug 23, 2023
This AUDNZD trade did not work, but luckily I was able to get out at B/E. I was too keen to get in on the trade in the first place and didn't pay sufficient attention to the fact that the daily chart is going sideways. I need to be sure that the ...
MA Crossover System that works for me
- AlistairC replied Aug 21, 2023
Well done! Note that you are now at a resistance level that is the highest price reached since 2008. As you say, it is a critical level. So, while price might easily continue, it might be prudent to take profit at this level.
MA Crossover System that works for me
- AlistairC replied Aug 20, 2023
Here are some examples of the above no-trade setups. In all three cases when the yellow arrows show up, price is stretched away from the EMAs and there is also noticeable space between the EMAs themselves in most cases. There are also explosive bars ...
MA Crossover System that works for me
- AlistairC replied Aug 19, 2023
This trade might not work, but it should ... I looked at every one of the yellow (3x1) signals on AUDNZD H4 this year and without any filtering or application of safety rules this exercise produced 6 winners of 150 pips each and 2 losers of probably ...
MA Crossover System that works for me