Mmmm..... So a few rules have been pointed out and you think that's what trading is all about do you? First stochs were in they they were out (unwisely in my opinion) No matter. Well let's see. We could have had more of a discussion on stops, maybe ...

The simple stupid system

Thanks for introducing what was originally a manual system. I lost interest after the words "expert" and "advisor" were introduced. Sadly this seems to happen to every thread on FF. So now the discussion is about coding rather than trading. ...

The simple stupid system

Correct. If I had a situation where (going long say) the low of the previous days bar was 70 from entry but the ATR was 64, then I'd take the 70 to be cautious. But if the low of yesterday to entry was less than the ATR, I'd use the ATR. In other ...

Simple 5 / 8 moving average crossover

That's because the colour for the indicator is black. But you have what you need. The ATR number is showing in the pane on your chart which is 64. If you want to see a continuous line you will need to change the colour. BTW change the period from 13 ...

Simple 5 / 8 moving average crossover

I play it conservatively. For instance I wouldn't take the USD/JPY right now because I won't know if I have a cross until today's candle closes. You can see a cross now but will it be there tomorrow? Anyway the weekly has been down and is now going ...

Simple 5 / 8 moving average crossover

Careful, you're trading against the trend on the daily and the weekly.

Simple 5 / 8 moving average crossover

Where has the EMA50 come from? It's not part of this system. There's a clear 5/8 cross on the daily.

Simple 5 / 8 moving average crossover

Noticed you are using charts from prorealtime. Never heard of them until now. Just looked at their website. How does it compare to Metatrader which is free.

Simple 5 / 8 moving average crossover

Missed the SL on the NZDUSD which is 0.7600

Simple 5 / 8 moving average crossover

I"m Long NZDUSD in at 0.7698 SL D1 chart

Simple 5 / 8 moving average crossover

Hi BB Read the whole of the Fozzy thread a while back and particularly enjoyed your very insightful posts. I was demo trading it for a while with variable results. I then came across the Synergy method which uses an indicator called the Dynamic ...

Simple 5 / 8 moving average crossover

Hello DaTrader - Sabai Di Mai Khrap? EMA settings are 5 and 8 exponential on the closing price. You can use whatever colours you like.

Simple 5 / 8 moving average crossover

Take a look at EURAUD. There's been a cross after a pullback but its now sitting on a major support line at 1.5630. Wait to see if it punches through or bounces before taking it. Chances are it will as there's also a strong trend line in place on ...

Simple 5 / 8 moving average crossover

No I'm just trading forex now. Funny, when I was trading options on futures commodities, I was happy with the daily charts then when I got into forex I was seduced into the excitement of scalping on 5 minute charts. Now I've come back full circle ...

Simple 5 / 8 moving average crossover

Hi Rathcoole. Hope you're not getting the rain and flooding we're getting in the south. That 21 ma on the RSI. Looks a bit like the fozzy indicator. Have you come across it? The difference is the fozzy is an 8 MA on an 8 RSI.

Simple 5 / 8 moving average crossover

Hi Pete Not that long actually. Only about 2 months with the 5/8. But these trend rules evolved from a system I was trading previously on the hourly charts with good success using a crossing 9 and 30 Ema, but because of more market noise on the H1 ...

Simple 5 / 8 moving average crossover

Hello Bujal38. I guess we're trading in the same time zone. You're just next door to me. I'm in Phuket, Thailand and I'm a Brit. How far do you think the AUDUSD will go?

Simple 5 / 8 moving average crossover

Hey Slkosier I'm impressed with the results you've been getting on the H1 timeframe. Good work! I prefer the Daily because the H1 is a bit choppy for my liking, but nevertheless I've started dabbling on a one hour but on a demo account. I guess you ...

Simple 5 / 8 moving average crossover

Not sure what you mean by adjusting SL to what you are willing to risk. You should adjust the lot size to stay within your risk not, I repeat not the SL. A good place for the SL on the daily is either at the low or high of the previous daily bar or ...

Simple 5 / 8 moving average crossover

I obviously misread. I assume you mean your SL is 10 pips above breakeven not 10 pips below price. What SL are you using for the 1 hour chart.

Simple 5 / 8 moving average crossover