As I said in my previous post I decided not to trade those setups. Also with Nzd/Usd there a gap of nearly 60 pips between the red and the blue Livelli indicators I am very wary of trading when the half the average true range is met

20 pips with Livelli indicator

I normally close all my trades by 5.00pm UK time so basically trading from euro opening until about 2-3 hours past New York opening .I have started to more selective with my trades which should improve my results ie wait for definite trend to ...

20 pips with Livelli indicator

Toscano /usd +12 Euro/Jpy +65 Usd/Jpy +11 88 pips profit in less than an hour using 20 pips trailing stop Time to pack up for the day

20 pips with Livelli indicator

Yes Toscano those standing orders look good I would also be in on /Jpy under normal circumstances but a bit wary of Greek crisis All trades look like they are in profit with free rides

20 pips with Livelli indicator

The original ema,s were 20 and 80 ( exponential close) so a number of graphs displays those indicators. I have now modified the system to 7 ,28 exponential moving average close as suggested by Davit Its entirely up to you how you trade the system if ...

20 pips with Livelli indicator

Just updated 1st post to highlight other rules to the system

20 pips with Livelli indicator

Hi Davit You system looks really interesting This probably works for you as you are trading all day long I can see you are taking the trades off the bounce off the fractal were as I am using the fractal as a trend continuation indicator. The reason ...

20 pips with Livelli indicator

No Francisaka the indicator produces dots once a certain fractal as been formed in conjunction with the Zig Zag indicator Once a peak as formed and two lower highs then that level is set with three blue dots So no repainting . Those dots will ...

20 pips with Livelli indicator

Looks good Toscano Although I can just about see the dots for the signal I have decided to shorten the ema's to 7 ,28 as suggested but no other indicators will be used Trying to keep the system as simple as possible. my only dilemma I have at the ...

20 pips with Livelli indicator

Multiple crossovers can be quite difficult to trade. If the signals are close ie within 30 pips I will take both trades with no stop loss and try and recover 30 pips in a retrace or the next day

20 pips with Livelli indicator

Hi Cntrader Yes I did try it on the 15 minute time frame with mixed results For the more boring traders have a look at the 1 day time frame using a stop loss of 200 pips although not many trades it could be quite lucrative Also very easy to back test ...

20 pips with Livelli indicator

I Davit These are arbitrary ema 's . I will look into your suggestions at using a faster ema If I used 7 ema then I would also use the 28 ema as my logic was to pick up the 4 hourly trend as well Also in an earlier version I did incorporate the ...

20 pips with Livelli indicator

Hi Aazishhunain I used the link below to discover how to install an ex4 file video

20 pips with Livelli indicator

Hi toscano I suggest you go to youtube and get instructions from there I had difficulty in loading the ex4 until I checked out the procedure on you tube Sods law have been trading this system for over a month and this is the first time I have lost ...

20 pips with Livelli indicator

Sorry I don't have the source code for this indicator Had to go out for a couple of hours but the Euro/Usd would have been a nice trade 10 pips profit plus 63 pips which would have a trailing stop locking in at least 43 pips Usd/Jpy 10 pips profit ...

20 pips with Livelli indicator

4 trades today with Livelli system Buy stop Nzd/USD 0.6770 Buy stop Aud/Usd 0.7489 modified by due to round number Buy stop Usd/Jpy 122.05 Sell stop Usd /Cad 1.2666 two mini lots /pair 1st lot 10 pips take profit 2nd trade to break even after 10 ...

20 pips with Livelli indicator

Thanks for your input. No skill involved Just put on your trades on early in the morning and monitor them I have trade this system on a live account I have back tested this system on numerous pairs Use a 20 pip trailing stop on the 2nd trade once at ...

20 pips with Livelli indicator

When the moving averages are flat or crossing multiple times Place sell and buy trades as per example

20 pips with Livelli indicator

I would never pay for an EA that was using a demo account Put a live account on with realistic lot sizes then maybe we can talk

Scalp EA