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stersuhr replied Oct 9, 2008Hey Mgh, If you use a MT4 platform then set a 5 exponential moving average and right click it, go to properties of it and then where it says "apply to" you will see low. Then make another 5 EMA and go to "apply to" and set it to the high. Thats it. ...
4H 5EMA System
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stersuhr replied Oct 9, 2008The 4H 5EMA system Challenge!!! — Hi all, Let me start by saying im really excited about this. I came up with this idea to benifit the FF. I see to many systems here that will ruin a newbie! They either leave room for emotion and as well all ...
4H 5EMA System
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stersuhr replied Oct 9, 2008Trade #5 update — Here's the 10PM update on trade #5 New: Stop loss - 1.7107 Buy stop - 1.7107 Buy stops stop loss - 1.7000 As of right now price is about to make a new low and thus at 2AM we will have to adjust again. Some might ask if price ...
4H 5EMA System
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stersuhr replied Oct 9, 2008Hey Wansh! I have tested other pairs but I have found the G/U to be the most profitable. I have also tried other time frames but find this to be most profitable on the G/U. Im not saying theres not some combo of a currency and a timeframe that will ...
4H 5EMA System
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stersuhr replied Oct 9, 2008Trade #5 — Hey, I really appreciate the support from everyone including you. When people continue to post on this thread it keeps me going and gets me up to post my live trades, otherwise I dont it from my phone in bed haha. Anyway this trade ...
4H 5EMA System
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stersuhr replied Oct 9, 2008Trades taken since thread opened Trade #1 -106 pips #2 -147 pips #3 +131 pips #4 -45 pips Total -167 pips. It figures I would start calling live trades on my system and start off with a little drawdown lol. No big deal it always comes around! Stay ...
4H 5EMA System
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stersuhr replied Oct 9, 2008yeah that's usually the first thing I ask too. the worst drawdown I've had in the last year is around 600pips. this is very rare and never came close to that with other drawdowns. the average on a month if you start at the worst possible time is ...
4H 5EMA System
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stersuhr replied Oct 9, 2008Trade #4stop loss - 1.7247 sell stop - 1.7247 sell stops stop loss - 1.7403 -Sterling
4H 5EMA System
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stersuhr replied Oct 9, 2008Trade #4 now 70 pips in profit. Stop loss - 1.7164 Trade will be adjusted at 2 PM EST -Sterling
4H 5EMA System
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stersuhr replied Oct 8, 2008Chart of Trade #4 — Hope this helps everyone follow better. -Sterling
4H 5EMA System
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stersuhr replied Oct 8, 2008Yes sir you got it right. It has to push threw the higher 5EMA by 5 pips or more and then we start putting sell stops below that bar, as long as they keep making higher highs that is. After this current reversal bar closes we will put a sell stop ...
4H 5EMA System
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stersuhr replied Oct 8, 2008Trade #4 — Trade #4 triggered, Trade #3 was closed for a +131 pip profit. Stop loss for Trade #4 - 1.7164 -Sterling
4H 5EMA System
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stersuhr replied Oct 8, 2008Trade #3 update — Stop loss - 1.7292 Trade #4 if triggered Buy stop - 1.7292 Stop loss - 1.7164 -Sterling Suhr
4H 5EMA System
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stersuhr replied Oct 8, 2008How do I load an indicator onto MT4 platforms. Ive never done it before. -Sterling
Trading system using relative strength
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stersuhr replied Oct 8, 2008Trade is now 200 pips in profit. Stop loss and buy stop will be adjusted at 10PM EST according to the rules. -Sterling
4H 5EMA System
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stersuhr replied Oct 8, 2008Trade #3 revision. — Weve now made lower low and so we have to adjust the trade so here are the revisions, you have to do this every 4 hours depending on what the market does. Please let me know if you dont understand. Stop loss - 1.7431 Buy ...
4H 5EMA System
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stersuhr replied Oct 8, 2008The daily — You can trade this on any time frame you want. Ive backtested the daily and it works great in a long trending market, thats not what the forex is all the time tho. You can also trade it on the 1H but you will get faked out all the ...
4H 5EMA System
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stersuhr replied Oct 8, 2008trade #3 — the trade is now 150 pips in profit. the trade will be adjusted accoding to the rules at 2EST.
4H 5EMA System
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stersuhr replied Oct 7, 2008On trade seven Alpari-US which is what the standard broker is for this system has a low on the setup bar of 1.7746 and the reversal bar has a low of 1.7449 which was a perfect setup and ended up being a huge trade. Your broker may have a different ...
4H 5EMA System