New version smGoldenCross Signals_v8.0 A few changes were made to the previous version 7.1. The signals should now be error-free on the last bar, so please document and post any discrepancies.

Golden-Cross Trading-Idea

When reaching 1/2 Tp1 and at the latest at TP1, one should set a breakeven of 10-20 ticks.

Golden-Cross Trading-Idea

[quote=ENoris;15325352]USDJPY - Trade Update Quick update on the USDJPY setup, SL was hit. It didn’t play out as expected, and the market had other plans this time./quote] The entry should be short. Since the signals are near the lower Donchian ...

Golden-Cross Trading-Idea

The arrow and the value for a sell order are wrong, and I need to correct the error.

Golden-Cross Trading-Idea

Generally, the distances between the crossovers of the 5-day moving averages are about 8 bars. In the second chart, USDCAD-H1: url one can clearly see that there are two 8-day fluctuation ranges between the lower and upper Donchian Channel. The ...

Golden-Cross Trading-Idea

Your post is very insightful! It's also interesting to read @RobinHood's post here: url especially question 3.

Golden-Cross Trading-Idea

- I'm not a trader and don't trade manually because then I lose too much money... - I don't know when I'll get around to it, so you can use the GPT this weekend to convert the indicator into an EA.

Golden-Cross Trading-Idea

Post #519 - The orders are always intended as buy-stop orders and sell-stop orders. - The 6-bar rule starts for new highs/lows from the first bar.

Golden-Cross Trading-Idea

- The indicator doesn't know this yet, but for the first 6 bars after the upper Donchian channel, you can trade a rebound independent of the main trend. - The indicator recommended a smaller SL (1 BarRange from entry). - My recommendation is to set ...

Golden-Cross Trading-Idea

Always draw the main trend MA(30). You shouldn't have taken a long trade here. .

Golden-Cross Trading-Idea

I think I read that @RobinHood also trades the D1 timeframe to have inner peace during the day.

Golden-Cross Trading-Idea

(Please always draw the moving averages and enter the indicator name you are testing). 1. When the price reaches the forecasted Close from bottom to top, the potential Buy-Stop is drawn. Hovering over the horizontal arrow displays: ...

Golden-Cross Trading-Idea

Donchian Task: - Partially correct, but the horizontal channel lines require arrows for 6 bars.

Golden-Cross Trading-Idea

Ai, ai, ai... Of course, there's a contradiction! One have an existing trend. The GoldenCross is the price at which the trend can reverse, i.e., if the local trend is short, the program calculates the price at which the MA-Close can cross the ...

Golden-Cross Trading-Idea

You have in "Data Window" avgClose = 143.744 and avgOpen = 143.777. MA-Close < MA-Open. Close for CrossingUP = 143,724 HalfRange = 263 Entry Price = 143.724 + 0.263 = 143.987

Golden-Cross Trading-Idea

Brief explanation: For the H4 timeframe, at the open of the last bar, the MA-close is above the MA-open, and a sell-stop order is taken into account. An EA or manually will place this sell-stop. Later, when switching timeframes, you can see in the ...

Golden-Cross Trading-Idea

This is a mistake that I need to correct.

Golden-Cross Trading-Idea

These options are left over from another version, and I may need to remove them. I wasn't supposed to write anything in the InfoPanel anymore.

Golden-Cross Trading-Idea

The overall trend is long. The idea of GoldenCross is to predict the close value at which the local trend (MA(5)) will be short (Close value for Closing DOWN = 180.184). HalfRange is 212. Subtracting this value from the predicted close is (Entry ...

Golden-Cross Trading-Idea

The information in the top left corner comes from the earlier versions. It might be best to ignore it, as it doesn’t always align with the trading recommendations in the top right corner. At some point, I’ll revise the indicators and make ...

Golden-Cross Trading-Idea