Hi Delta, I would go to break even when ever the price gets to its target mid bar.

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Hi Delta, Moving to b/e after 40 pips is normally a good move on the more volatile pairs - not necessarily the yen pairs as usd/jpy an chf/jpy do not move as much as pound/yen eur/yen etc. I also sometimes take profit after 40 pips if price has hit ...

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Hi Deltaworld, The gbp/jpy trade that you took was not a valid trade as far as the system goes. I am able to see why you took it and I did not however. The settings on your MACD are not the default 12,26,9. If you had used these parameters you may ...

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I have just looked at the trade you have taken and it is a valid trade based on the criteria. I mentioned in the early posts that you have to be careful with the signal candles. This includes the actual size of the candle. The indicating candle in ...

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When you get a decrease in DMI it simply means that the current bar failed to make a higher highs or lower lows. OR it has made a higher high or a lower low but not in proportion with the last candles low/high. Hope that makes sense. Sometimes the ...

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I would always wait until I got a +DMI reading over 20 for long and -DMI reading over 20 for short. When DMI is below 20 the price action is often choppy. Also when DMI goes above and then below 20 you should be tightening stops.

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The best exit strategy that I have found is stil using the subtle changes in the macd histogram. This is due to it showing the closes moving back to the 9 period ma.

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Hi Deltaworld, Thanks for the post and the interest in this thread. EA and Proram is like a 747 going over my head. I will get my dad to look at the programming side - he is a dab hand and is also into forex trading. Glad you have had some positive ...

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Sholmes, I have found a recent trade example in answer to your question.

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Thank you for your seemingly irrelevant post.

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Hi sholmes, Yes that would be a trade as adx has risen. You have to be careful with these trades as the adx has a finite way to travel. In theory adx travelling from a lower level has a "potential" to travel further. Hope that helps.

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Hi bobcat, To answer your question. 3 off its low means that you can trade if the adx is below 20. As long as it has moved 3 off of its low point. Ie. ADX goes from 15.8 to 17.4 to 19.1 - the 19.1 candle becomes the signal candle and a trade should ...

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Hi Todder, Sorry to take so long ot reply - DMI can be found in MT4 standard indis.

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Hi Bobcat, No problem sharing and yes I saw him lurking a couple of times!

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Anyone in usd/jpy should be at b/e - this trade has already gone for 38 pips.

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Hi Dave, Thanks for posting that indi - hopefully it will allow other to clearly see when MACD confirms. I am glad that you had a profitable day yesterday and hope that you locked some profit. In reference to s/r pivot points I have noticed that ...

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Hi Bexter, That just indicates the London open time to London close. The yellow line shows the open price. It's just for a visual.

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No problem todder. The first one is correct but the second is a bar late. Also it is worth pointing out again that if you get a signal on DMI and MACD is not right you leave the trade completely and wait for a new set up on DMI.

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Originally Posted by $aly image hi there i use this method for over 3 month,,, 6 gmt candle in GBP/GPY and gbp/usd have this behavior if this method use with pivot and psy... points very profitable..U R not first one who discoverd that!!!!!!!.. ...

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I use this strategy on hourly due to the reasons in my first post. This does work on any time frame and any pair. You just have to alter your exit strategy accordingly dependent on pair as some move further than others.

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