Hello everyone,
I am relatively new here, but I have been trading with a 1 and 5 min system that has been working quite well for me. What I am looking for is to have anyone interested to look at this to see if there are ways to expand this 1,5 min system for these TF or how this would work in larger timeframes.
On the lower time frames I experiance noise and on the larger time frames, the wicks on the candles seem to "freak" me out of of a trade. The sytem is set up as follows:
MA in Color:
55 min
Signal Line:
Period - 15
Method - 3
Price - 0
Signal Line:
Period - 10
Method - 3
Price - 0
MA in Color: 3,4,5,6
Bollinger Bands - 20
RSI: 10, Close
Looking to trade with the trend, smaller MA's start tight together then fan out in the direction you are looking to trade. Looking for RSI to cross 50 to confirm trade.
If you could take alook at this and let me know what you think on how we enhance, point out flaws or just plain scrap it, I would appreciate it. Thank you in advance for your assistance.
LOHAD
I am relatively new here, but I have been trading with a 1 and 5 min system that has been working quite well for me. What I am looking for is to have anyone interested to look at this to see if there are ways to expand this 1,5 min system for these TF or how this would work in larger timeframes.
On the lower time frames I experiance noise and on the larger time frames, the wicks on the candles seem to "freak" me out of of a trade. The sytem is set up as follows:
MA in Color:
55 min
Signal Line:
Period - 15
Method - 3
Price - 0
Signal Line:
Period - 10
Method - 3
Price - 0
MA in Color: 3,4,5,6
Bollinger Bands - 20
RSI: 10, Close
Looking to trade with the trend, smaller MA's start tight together then fan out in the direction you are looking to trade. Looking for RSI to cross 50 to confirm trade.
If you could take alook at this and let me know what you think on how we enhance, point out flaws or just plain scrap it, I would appreciate it. Thank you in advance for your assistance.
LOHAD
Attached File(s)
lohad.tpl
6 KB
|
653 downloads
MA in Color.ex4
3 KB
|
670 downloads
Signal Line.ex4
4 KB
|
670 downloads
Signal Line.mq4
4 KB
|
1,196 downloads