Patrick Bourgeois Thank you, Patrick, your contribution is greatly appreciated! I would like to give you my system because i find it a very strong system if you listen to the signals.
I have to say it is a combination of a few systems on your website that i have customised to one. Maybe if you like it after a review you can post it on your site. RSI 3, 80, 20 stoch 5,3,3 adx I use metatrader and will sent a screenshot of it including my metatrade indicators. Click to see full size image. The most important are the trading hours for using stochastic. Stoch don't react the same on Sydney or Tokyo session.
I only use the London and NY session. I combine that with your simple strategy 16, the breakout after 7 or 8h London. The most important is the cross of ema 3 and 5. When you get the signal go to 1h chart and watch for the breakout on that chart.
If there is one you buy or sell following the trend at the moment. Stoploss is the high of the candle on the 4h chart where the signal is. Stoch is just there to confirm you are not on the end of your trade. The entry point is not stoch nor RSI it is the cross of ema 3 and 5.
Mostly RSI and Stoch are already crossed. I use the 4h chart to start because on the 1h there are sometimes to many false signals. If there is a small signal on the 4h chart you can still make a few pips on the one h.
If you get the false signal on the one hour you lose the trade. If you use this system for a while you can make big trades. I am trying it on the 15 min chart, and with a stop-reverse strategy someone could consistently get 30 or more pips daily from the look of it. Tu sistema en grafico de que tiempo funciona? En todo caso agradezco, a ti y a esta pagina por hacernos conocer gente de todo el mundo con un mismo fin, o un mismo camino.
Your system at that time graphic work? I am confused because I get quite a few times smaller signals, but within an hour I get less, which one is a valid order, or that worth to enter the trade?. In any case thank you and this site by us to meet people from around the world with the same goal, or a single path. Hi Samuel thanx for reviewing it. I use those ema's for direction. When 34 is above 89 it is strong in buy otherwise it is strong sell.
When they get close to eachother there is concolidation or a possible trend change. Hi Vincent, sorry i can't speak spanish. Maar ik kan het wel in het Nederlands. But i can speak Dutch because i am from Belgium. I use just 1h, 4h tmf. This is to drop the false signals. My broker is MPT Myprivatetrade and act as an affiliate program so there is a spread of 5 pips. I have an income as affiliate.
When i get a signal on the 1h tmf i look to the 4h tmf and if ema 3 and 5 are crossed then i make my order. Active traders Poll - share your live experience or read what others have to say.
Forum What is Forex? Who's online There are currently 13 users online. Submitted by Edward Revy on June 30, - I use the following indicators. Submitted by Samuel on July 5, - Just wanted to thank you for this system, I will try and review it. For some reason I find the ema 34 and 89 useless.
I will get back to you one I am done Samuel. Submitted by Vincent on July 5, - Submitted by PatrickB on July 7, - But i can speak Dutch because i am from Belgium I use just 1h, 4h tmf. I hope this answer your question. Don't hestitate to ask me. Hey patrick can you make a signal that takes account of both ema and ADX cross overs. Submitted by PatrickB on July 10, - The signals for ema and adx cross are allready programmed. Remember that you get the signal after closing the candle where the cross happens.
Submitted by PatrickB on July 12, - When you get the sound or cross signal on the 4h tmf you must go immediately to 1h tmf. On this chart the cross is going on so you can get in trade. I am working on a new system almost like this but it is better for newbies. Free e-books Currency Index Forex bonus Video course. I combine that with your simple strategy 16, the breakout after 7 or 8h London The most important is the cross of ema 3 and 5.
Let me know what you think of it. Friendly greetings Patrick Bourgeois Attachments:More...