I havent backtest that far and dont really see a need to do that. Future results are the important part. Will this system work as it stands forever? I donno. I do know that the fundamentals behind the system (support/resistance) will work forever in ...

4H 5EMA System

Please check rule number 3 under the "additional rules" section to better clarify the 50% retracement stop rule. -Sterling

4H 5EMA System

Chart for Oct 24th — Trade #20 was a buy and got stopped at the original stop for a -228 pip loss at which point it also hit are sell stop for trade #21 Trade #21 went huge in are favor its a shame we only got +196 from this trade but thats ...

4H 5EMA System

yeah if your charts closed on 12, 4, 8 you made some more money but over time I think it will all even out. As far as not being able to take 3 losers in a row that a MM problem. Ive said this a few times but I guess I have to say it again, only ...

4H 5EMA System

#419 is where I talk about that. I just realized I forgot to write that in the rules so ill do that today. The 50% rule takes affect after the setup bar fails and we have no where to put the stop anymore. -Sterling

4H 5EMA System

Im gonna have to side with Howard on this. Thats not to say that if you learn the system and want to backtest it and have better results I wont change, because I would. This system relies on something that will NEVER fail in the long term. ...

4H 5EMA System

Ok I dont fully understand #1 but ill give it a shot. Ok a "normal" signal trumps everything else. If you get a buy setup and the reversal bar becomes a setup bar, when that closes you put a sell stop order in 5 pips below the new bar which is ...

4H 5EMA System

[quote=alllivemind;2301805]Well the candle closed so we can move our stop. The last bat is a setup Bar, so our stop goes above it. Mine is: 1.6162. This candle already has a lower low so in 4 hours hopefully it will be even lower and we can move the ...

4H 5EMA System

You got it right but id like to add a little bit to that. In this case you are talking about a long entry. So...the setup bar at some point had to break the lower EMA by 5 pips right? Ok...that being said when the setup bar closes you put a buy stop ...

4H 5EMA System

Sounds good glad to have you here zapmx! -Sterling

4H 5EMA System

Please read the last half of post #460. If I can tell you anything that will save you money and pain it is those two things. This system does make a lot of pips, it does and it is. Having said that, not following those two things in that post, you ...

4H 5EMA System

I have "tried" to word the rules a little better. For the most part I found when I wrote them they were a little repetative so I took a few things out that were already said. They still remain the same, the system has not changed. If there are any ...

4H 5EMA System

In the last year it averaged around +600 pips or more. This system works better with larger moves, in big ranges, and in trending markets. Very tight ranges is where this system will be break even at best. But the good thing is how often does the ...

4H 5EMA System

Look at post #456 trade #20. The stop is 5 pips below the setup bar which is 1.6037 -Sterling

4H 5EMA System

Sorry guys I have to run now ill answer all the questions when I get back around 9PM EST. -Sterling

4H 5EMA System

HAHA yeah that rule sometimes bites you in the ass but it saves you more often. This current bar carries a lot of momentum and there is plunty of upside room for the G/U, I think trade #20 is looking very good. Alllivemind I would like to thank you ...

4H 5EMA System

Lets all remember that we were experiencing a sideways market for 2 days right before trade #17 as well. -Sterling

4H 5EMA System

I will without fail have them tonight by 10 PM EST. Please anyone who can be there then to look at the rules and see if they are clear, it would be greatly appreciated. Or PM me about some fuzzy spots and I will make sure I write those more clearly. ...

4H 5EMA System

Chart for Oct 23rd. — Hey guys trade #17 was a hell of a trade and brought are pip count for the month way up to +1,179 for the month. Today we had 2 losers and so the current count for the month is +967 pips. Good month so far. We ar ...

4H 5EMA System

Yep long stopped out for -132 pips and we are currently short from 1.6185. Trade #17 was stopped out for +1,047 pips. The running total for the month is +1,038 pips! We will have to see where price goes but when this bar closes at 10AM EST we can ...

4H 5EMA System