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- 229 Results (210 Replies, 19 Comments)
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1greyfox replied Sep 20, 2013Hi orid. Oh my!!! I leave for a few days to take care of other business and when I come back I see you are ripping the forex market to shreds with your wins! CONGRATS
my friend, you are doing fantastic even without the EA. Have a great ...Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi Baggi. The system is still the same using the MACD indicator set to 3 different settings, what has changed is there is a new indicator located at the bottom of post 1, it is called MTF MACD Signal v1.1.ex4. With this indicator you can replace the ...
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi orid. In your post I get a sense of traders remorse, "If I had only___________"(fill in the blank). OK, so the trades did reach the final profit target, that shows your analysis and profit target was correct. BUT, what if price went against you ...
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi lucariga. You are trying different filters on backtesting to see what works for you what doesn't, that is great! The idea of entering a few pips above or below the signal candle is good also, especially when going long because you get entered on ...
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi lucariga. Each of us will use different 'filters' to hopefully stay out of some of the not so perfect setups that this and all methods generate. As I mentioned in previous posts, I look for previous support/resistance levels, if I can't easily ...
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi orid. If the trade(s) haven't moved enough to lock in some profit and the news worries you(like it does me), I see nothing wrong in pocketing profits. After the news traders get done manipulating the market you can always look for another entry. ...
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi orid. I am in this one also, good luck. 1greyfox
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi orid. Looks like it is a winner! 1greyfox
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Good morning orid. Sorry to hear the trades didn't work as hoped, this method like all other methods need some practice so we can better 'filter' our trades. I have no doubt that you'll make it work. 1greyfox
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Trade update. I got stopped out on the GBP/CHF 4 hour trade from yesterday. I am still in the USD/CHF trade daily chart that was entered on September 12. The stop is at breakeven+3 pips. 1greyfox
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi luvene. I just looked at my charts and it appears that there are possible entry setups forming on all your pairs listed, I need to wait 2 more hours to know for sure if the are true. 1greyfox
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hi luvene. Since you are using MT4 just for the setup and using your main broker for entries, wouldn't it be better to use an alert on your brokers platform when price has moved 50% in your favor. If you want to use MT4 for the alert you can setup a ...
Multi time frame Simple MACD system
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1greyfox replied Sep 17, 2013Hello soltanhadi Welcome to the thread. I think there is a mis-communication of words here, maybe I should have used the word "during" instead of "within' the candle after the signal candle. I edited my post changing the word 'within' to 'during', ...
Multi time frame Simple MACD system
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1greyfox replied Sep 16, 2013Hi luvene. Hope you had a good weekend. As I understand garfield75's rule on this is, if the trade doesn't get triggered *'during' the candle after the signal candle, the order gets closed. 1greyfox *The word 'during' has replaced the original word ...
Multi time frame Simple MACD system
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1greyfox replied Sep 16, 2013Congrats Orid. That is great trading!
1greyfox PS. Orid, I sent you a PM.Multi time frame Simple MACD system
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1greyfox replied Sep 16, 2013Good morning orid. Good luck with the trade. I didn't get in on that one but I am in the USD/CHF daily from last week, set at BE+3 I am triggered into the GBP/CHF 4 Hour long, aiming for the 1:1 according to the rules. 1greyfox
Multi time frame Simple MACD system
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1greyfox replied Sep 14, 2013Good morning luvene. The reason I changed the alertsOn to false is because I only look at the charts once every 4 hours and it is easy enough to visually see if there is a color change or not. I read the posts at the link you provided and I got the ...
Multi time frame Simple MACD system
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1greyfox replied Sep 13, 2013Hi orid. I had the same thoughts as you so I added the MACD signal to the chart and scrolled back and the MACD signal indicator matched up with the 3MACD's on all the pairs I looked at. Unfortunately, a previous poster noticed that you would receive ...
Multi time frame Simple MACD system
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1greyfox replied Sep 13, 2013Hi luvene. The time zone differences are probably due to where your broker has their servers located, very often it will be different from your local time zone. If you drew that vertical line directly on the 4 hour chart and not a lower time frame ...
Multi time frame Simple MACD system
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1greyfox replied Sep 13, 2013Hi luvene. When I first entered the Forex world 5 years ago I was taught that the NY close was the accepted practice, so that is why I use a broker who follows that practice. I did use brokers whose daily candle close differed from NY, but finally ...
Multi time frame Simple MACD system