You can close the trade early if you want, but then you are reducing your R:R to less than 1:1. Which will impact your mindset when you take a string of losses in a row.

Multi time frame Simple MACD system

My broker doesn't provide sunday data. So it was never part of my system.

Multi time frame Simple MACD system

that is correct!

Multi time frame Simple MACD system

Here it is, White line = breakeven Red = Loss Green = Profit

Multi time frame Simple MACD system

I do use my discreation sometimes in taking or skipping trade. i.e as mention earlier by Fbird UJ was approaching 100 price, which is why I skipped that trade. I have a GU trade open which is at breakeven too, With AUD chart, we can only admire the ...

Multi time frame Simple MACD system

I did a quick back test 2 Positive 4 breakeven 2 loser

Multi time frame Simple MACD system

The EUR chart you posted on post #78 has the MA in the right place. What did you change on your chart between then and now to show the MA on different place ? on daily chart, check you EMA setting it shoud be 200 and on 4 hours it should be 1200.

Multi time frame Simple MACD system

Quite few trade triggered on close of candle at 7 PM my time. EURCAD short was a perfect trade in and out within same candle. I am currently long on GBPUSD and NZDJPY on 4 hour chart and GBPJPY and GBPCAD on daily chart.

Multi time frame Simple MACD system

not sure of 21 is going to make a big difference from 20. you can probably take to chart of same currency and do a back test to compare the result between 20 and 21.

Multi time frame Simple MACD system

1) there is 200 MA in front, so these trades are skippable. however if you follow the rules and put buy stop at the top of the wick of the candle, none of the trades would have triggered on the next candle, after 24 hours all pending trades are ...

Multi time frame Simple MACD system

you got that spot on.

Multi time frame Simple MACD system

not sure about your calculation here is how I calculate 12 (day) * 5 = 60 (week) as there are 5 trading days in a week. 12 (day) * 20 = 240 (month) as there are 20 trading days in a month on avg.

Multi time frame Simple MACD system

Here is a great example of EURNZD trades I am currently in 1st trade triggered early morning my time at 7 AM my time (Sydney). as it moved in the right direction, I managed to move my stop to breakeven. Then another trade entry was confirmed at the ...

Multi time frame Simple MACD system

Hi Oya, 1) Yes. Wicks of the trigger candle is included. 2) Buy stop on the Highest of the wick and Sell stop on the lowest of the wick. cheers

Multi time frame Simple MACD system

Thanks mact4. Please ignore white line running through....

Multi time frame Simple MACD system

New trades are entered on the transition of red bar to green or green bar to trade. If you already have a trade open on the pair and it's not a breakeven, new trade signals should be ignored. No skipping trade based on big candles. Skip trade only ...

Multi time frame Simple MACD system

I don't trade 1 hr chart, but that signal is valid. At the open of the next candle, you would put a buy stop on top(high) of the green candle, with stop below (low) of the candle, target equal distance to stoploss. Once triggered, move stop to ...

Multi time frame Simple MACD system

i have posted the settings on #1 post

Multi time frame Simple MACD system

Hi Tradefish, you are right there was a error on the setting and I have updated #1 post now with correct setting. I haven't setting any trailing SL, due to limited time for trading, however if you find it to me more profitable, please share your ...

Multi time frame Simple MACD system

Daily and 4h with different setting. Templates posted on 1st page. EA would be great for this system, dont have any idea on how to do it.

Multi time frame Simple MACD system