Looks like we're close to a whole mess of signals, in USDJPY, GBPUSD, AUDUSD, USDCAD, GBPJPY, EURCHF and possibly others. I'm looking at the H1 TF for all these pairs... Be sure to wait for Validator confirmation! Patience is the key DGC

SwingRider - Simple, Low-Maintenance, Effective

Yes, I've been entering at the open of the signal bar, and yes it's possible that the market may turn the other way. In practice, if the Validator is positive, it's rare for the signal to be false, so I'm finding that it's not too risky to enter ...

SwingRider - Simple, Low-Maintenance, Effective

Thanks for the positive feedback. Your idea for exits is intriguing and one that I hadn't considered before. I'll definitely be giving it more study... Looks like this thread may already be paying off!! DGC

SwingRider - Simple, Low-Maintenance, Effective

I'm not sure which is best as I haven't studied them all in detail. It would probably vary with different markets. I have been working only with H1 because it fits my time constraints at the moment, but just based on a visual study it seems that ...

SwingRider - Simple, Low-Maintenance, Effective

Ahh, indicators would be helpful...

SwingRider - Simple, Low-Maintenance, Effective

Neal, I looked at your EA (thanks for your work, BTW) and I couldn't find any reference to the Awesome Oscillator anywhere.. perhaps you meant to say there's a problem with the Absolute Strength indicator? If that's the case, the problem may be the ...

X50 - M5 trend following

Ah, I see.. I didn't see the double-post (just the second one) and I assumed that a mod had deleted the other one before I got there, so I also assumed that the two posts were right next to each other.. my bad.

Breakout + Spread!! Sure!!!

It's usually done by accident, and doesn't warrant a smack-down.

Breakout + Spread!! Sure!!!

Yes, I included all the rules I want to use for completeness, even if they are the same as Eagle's original concept. Yes. It's a probabilistic approach, based on the idea that an indicator signal identifies a time period within which the probability ...

Breakout + Spread!! Sure!!!

I have shown the LSMA Slope, not LSMA.. See attachment for the code which I modified to give a slope value. I haven't tested this concept yet, so I don't know what would work best. The parameters would change over time as the nature of the market ...

Breakout + Spread!! Sure!!!

This is a very interesting concept, and it inspired me to do something I rarely do: read the entire thread (all 44 pages!) After a little study, I've decided to do some testing, with the following customizations... 1. The box will end at 18:00, not ...

Breakout + Spread!! Sure!!!

Try this: EUR/CHF 4 hr 15 period EMA of median price Buy when EMA turns up, sell when it turns down. Set stoploss to 100 pips and set the trade size to limit the risk in $$. Simple, effective, low maintenance. Many happy pips!!

I really need a simple system

Thanks for the great comments... — Thanks, folks, for all the great answers. I really appreciate you taking the time to give your perspectives about this system and this situation. Like I said, Phil's system seems fraught with complexity and ...

4 Hour Strategy (MACD)

Frustration.. — Well, I'm determined to make this system work for me, and I'm having moderate success with my back-paper-trading, but there just seems to be so much subjective analysis required... so many different ways to interpret the data - ...

4 Hour Strategy (MACD)

Hey Pips... It's not a matter of me not liking your trend lines, I simply don't understand how you drew them. They work, it seems, and that's what's most important, but there seem to be dozens of ways to draw trendlines and all of them involve some ...

4 Hour Strategy (MACD)

I thought the same thing... I've never seen a trend line drawn like pips did - and the one from Nov 2006 is a mystery to me as well...

4 Hour Strategy (MACD)

Some very valuable lessons learned... — Well, I'm sure I did, but the trade looked so promising that I fudged the stop to make it palatable... In retrospect, I knew better. It's amazing how we know something and we read something and we hear ...

4 Hour Strategy (MACD)

Results for last night's trades: This one was still alive when I woke up and showed some upside potential still, so I decided to let it run a while... when it got near my TP it started to slide, so I grabbed 29 pips and called it a day. I would have ...

4 Hour Strategy (MACD)

OK, after a toasting from this morning's action, I've read and absorbed Phil's message about market motion and I feel confident enough to take some counter-trend trades in EU, GU and UC. All three have made strong trending moves to their respective ...

4 Hour Strategy (MACD)