Basically, I'm trading way before the macd emas cross over or under 0. I'm trading at the peak of the fluctuation of macd values. So if the range is 2- -2 I'm trading at 1.7 - -1.7 plus a stoch cross from overbought or sold levels.

Advanced macd question

Interesting. Like dk said, trends change randomly. What if the fluctuation range changes quickly in a 300 bar sample. Would that not create false signals? I'll have to expirement with the best tradebar count. Too much data will allow for more ...

Advanced macd question

I'm not actually using the macd for crossover confirmation. I'm using it to confirm a stochastic crossover. Stochastic give lots of false crossovers. The macd value helps validate the stochastic levels. So if macd value is below -2 with a stochastic ...

Advanced macd question

It was 52%. I'm going to tweak it some, but the money management isn't the issue, save adding a method of determining volume relative to balance. The main issue is the timeframe and period settings at this point.

MACD, Stochastics, RSI System

Stock and rsi work best together. You all are missing a key point here. Over bought oversold isn't when a indicator is simply below a level. It's when there's a cross a reversal is happening. For example, rsi MUST cross above 30 from below 30 for a ...

What's the use with RSI, STOCH, CCI?

Backtesting finished. Clocked in at 112% gain over 7 year timeframe. Will be doing more back testing and parameter adjusting to get higher. Currently about 15% returns a year.

MACD, Stochastics, RSI System

You could try setting a resistance level using the PRICE_CLOSE or what ever. You would need to take the price from a certain time period in the past, say 10 candle sticks ago. Then make a formula. Price_Close > or < (price10 candle sticks ago - ( ...

Need EA for simple profitable system

Try this, establish a indicator that is identical on both EA. On one EA set a reaction to buy, the other react to sell. Since they'd be reacting to the same indicator, they'd be triggered identically, even as separate EAs. Set a very specific point ...

Good profit No loss EA

Heres a example of what I'm talking about. Notice how the volume was decreasing towards the apex, and the volume doubled when it broke through. Also notice how the trend lines became more apparent towards the apex opposed to farther. Towards the ...

Apex price action strategy

Yes, a steady increase in volume without substantial price movement generally means it's about to change. Look at it this way, supply and demand dictates price. So, since supply is defined, we must use demand. Increase the amount of purchasers ...

Apex price action strategy

On their own, volume isn't great, and is only usable when the volume per candle is either ascending or descending. And even then, the ascension/descendance must be correlated to a general price trend. Rather it's flat, up, or down. Volume can verify ...

Apex price action strategy

I absolutely can. I have some saved on my computer. The pictures will help clarify. Volume can easily be measured in most brokers. Mt4 has a volume indicator. Ill post a step by step on how to do it. You have to be careful which volume indicators ...

Apex price action strategy

I know this is a eur usd only thread, but for the sake of determining the strength of both currencies, JPY is down, eur jpy is down stronger than gdp jpy, usd jyp is also down. GBP USD is strong, AUD USD is flat AUD JPY Down stronger than usd jpy. ...

EURUSD only

I agree with junkees analysis, but believe its only a part of a larger up trend. Per Elliot wave theory, it would be reasonable to conclude we're in the 4th trend. The fifth will happen and make a reversal with long momentum. I'd use stochastic and ...

Cable Update (GBPUSD)

I'll edit my initial post to include those. I didn't realize that was something the thread starter wanted us to do. Thanks for heads up.

EURUSD only

I appreciate your comment, and understand the basis of it. But my reasoning is more sophisticated than I believe you're thinking. I'm stating that the price is resting right at a resistance level. Furthermore, there's a lot of buildup and a major ...

EURUSD only