Mobsie, Are you going away (deviating) from Phillips 5-Minute strategy? You may stay with his approach and keep the EA simple. Your original EA seems to be ok. You may have to fine tune it a bit. Thank you. -Chandra

5Min Intraday System

Moday (19th being a holiday in the USA (President's day), is it possible the Forex market will be relatively quite? Thanks. -Chandra

4 Hour Strategy (MACD)

What was your TP and SL, Phillip? I am trying to recreate your result. -Chandra

5Min Intraday System

Hi Hard1Had1,

5Min Intraday System

Great Phillip! Your repl to both of my postings (where to find thread tools and how to recognize a trend) are great. But, once, at the first posting of this thread you said your english is not good. I wonder why you made that modest statement. ...

4 Hour Strategy (MACD)

Phillip, regarding the counter trend trades. You have given a very educative chart here! Two questions: 1. While you refused to take conter trades while in a trend trade (which I understand), why you did not add positions when you got signals in the ...

4 Hour Strategy (MACD)

Phillip, You came to my rescue! I am planning to go through this tread from the begining to end this weekend. (55 pages!) You said there are Thread Tools. I don't find the tools here. Can you give some more information please? I want read the whole ...

4 Hour Strategy (MACD)

Mibsie, Please explain what these inputd do in your EA: Angle: Default value 0.22: 1. What is this 0.22? Is it radians? 2. How does it represent 20 degrees for long positions and minus 20 degrees (or +340 degrees) for shorts? 3. Does this angle work ...

5Min Intraday System

Thanks, Mosbie. It may be hard on you to integrate all the ideas together. Finish your present program and let us make it working. Later on, you can add one thing at a time. Best wishes. -Chandra

5Min Intraday System

For counte-trend trades plan to take profit (tp) in the zone area of 8EMA and 21 EMA. This simply means do not aim for big gains when you are in a counter-trend trade. This is the philosophy advised by and used by Phillip. -Chandra.

4 Hour Strategy (MACD)

All times are in GMT. 1. Price action is below 89 SMA and so we are in 'Down Trend Mood' (as Phillip emphasises). 2. The upward dip in 8:00 to 12:00 GMT bar is a 'trend continues' signal and it is a signal in the direction of the trend. So, take it! ...

4 Hour Strategy (MACD)

Mobsie, Thanks. In this thread, I have posted several postings last night (#415, #416, #417 and #418). In those postings I suggested several things. Please look into those ideas. I am not a code writer but I think I can interprete your code and try ...

5Min Intraday System

Mobsie, Thank you. I will try to read the code and try to give constructive suggessions. I am not a code writer. But I think I can read it and understand it. By the way, I made a few suggessions last night. I send you several emails! It is all in ...

5Min Intraday System

Mobsie, It looks like the EA does not place the trade on the same candle where we get the dot from PhilNel Indicator. Check AUDNZD 5-minute chart. PhilNel Indicator gave a dot on 2007-2-16, 04:25 GMT cahndle and the EA sold on 2007-02-12, 04:45 GMT ...

5Min Intraday System

Mobsie, Your EA is great! I have a few more suggessions. In a donw trend, it should sell if: 1. First candle comes back up into 8SAM and 21EMA zone and the next two candle highs are inside that range. OR 2. First candle comes back up into 8SMA and ...

5Min Intraday System

Mobsie, I applied your EA on AUDNZD - 5 minute chart. The spread is 10 pips. The set up in the EA was : Take Profit=14 and Stop Loss=15 (Both, your default settings). But when I checked in my trde log (it was short trade), the Take Profit was only 4 ...

5Min Intraday System

Mobsie, Thanks for the EA. But, it is difficult for anybody to give full control of their live account into the hands of a program. So, I suggest the following additions to EA. 1. There should be an option in the EA just to give signals only and NOT ...

5Min Intraday System

Pips4Uandme, Great response from you for all my postings! Thank you. I did go through all the postings in phillip's 5-min trading thread. I like it and once Phillip said it is for practising the decipline and the 4Hr. system has more Pip Power. In ...

4 Hour Strategy (MACD)

I love your explinations! You never CONTRADICTED your statements becuase of your honesty. Let me ask you one more thing which could be extension of the method. Different from the othe markets, in Forex market you can hold a long and a short position ...

4 Hour Strategy (MACD)

Phillip, I love your recognization of 'TAILS' and using them to your advantage. I want to do it myself too because, I think I have gained a feeling for those 'Tails" and the significance behid those. Thanks again for taking us to second level of ...

4 Hour Strategy (MACD)