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redrobin06 replied Aug 8, 2008I'm talking about the AQUA and MAGENTA lines INSIDE the candles. Look at the candles directly above or below the ASCTrendSig (Up or Down Arrow) signals. Those are the candles that are lighted up by ASCTrend indicating a VALID TREND to TRADE. By the ...
ASCTrend system
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redrobin06 replied Aug 8, 2008Those lines show the main trend which give you some idea how long the immediate trend will last. If the lines are going down, then a short trade would probably last longer than a long trade. If the main trend lines are going upward, then a long ...
ASCTrend system
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redrobin06 replied Aug 7, 2008No. Look at the candles again. Do you see the aqua line going through the middle of the green candle, and the magenta line going through the red candle? Those candles indicate valid trends in that direction, signaling that you should be in that ...
ASCTrend system
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redrobin06 replied Aug 7, 2008[quote=tjsun80;2147644]Hi redrobin, Another question, you mean candle lighted up is the circle as shown below ? I want you to look at this chart very carefully. The candles that are circled are lighted up by ASCTrend. Those are the candles that are ...
ASCTrend system
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redrobin06 replied Aug 4, 2008Usually I enter when all the indicators are going the same direction at the same time I get the ASCTrendSig and I usually close when the 2 moving averages cross again, sometimes a little before that so that I don't lose too much profit.
ASCTrend system
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redrobin06 replied Jul 24, 2008I forgot to add 2 more indicators in my file, here they are.
ASCTrend system
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redrobin06 replied Jul 21, 2008I am not exactly sure what you mean by "psr" but if you are talking about "Parabolic Stop and Reversal" you can find out how it's used by going here: url
ASCTrend system
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redrobin06 replied Jul 21, 2008Yes, I downloaded this system from another forum but I forgot which one. I use no Take Profit because if I take profit of 30 pips, for example, then if the price keeps going in its direction, I miss all that profit past my Take Profit point. This is ...
ASCTrend system
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redrobin06 replied Jul 20, 2008But I can tell you my win/loss ratio is about 90% wins, but only because it's hard to distinguish the real signals from the fake ones. If you follow all the rules you should be able to win almost every trade.
ASCTrend system
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redrobin06 replied Jul 20, 2008Yeah I'm sorry about that, I didn't figure that out yet, but I figured out the other indicators which help me a lot.
ASCTrend system
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redrobin06 replied Jul 20, 2008If you read my rule carefully, it does not say 50, it says 50%, which is 0.
ASCTrend system
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redrobin06 replied Jul 20, 2008Okay thanks so much for your help, hopefully that solves the problem. Feel free to check out my system. Thanks.
ASCTrend system
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redrobin06 replied Jul 20, 2008My Trading Rules — 01. Stop-loss = 30 pips. 02. Enter long if: a. 5-EMA crosses above the 10-EMA. b. RSI is above 50. c. ASCTREND up-arrow signal and candle lighted up by ASCTREND. d. Stochastics lines going up. e. CCI line is pointing up and ...
ASCTrend system
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redrobin06 replied Jul 20, 2008Yes, most of the questions are answered in the rules, which is included in the zip file.
ASCTrend system
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redrobin06 replied Jul 20, 2008If you read the rules you will get your answer. SL = 30 pips. TP = no take profits
ASCTrend system