1-Correct 2-Here we have 2 options, either leave it as it is or adjust it according to the length of bar 2 3-Correct 4-Correct 5-Correct but bear in mind that TP=SL therefore TP= size of candle #2 plus 15 pips (5 pips below and 10 pips above the ...

4H 5EMA System

Hi El Dee 1-That is correct it is inclusive of spread. 2-Correct, in fact TP is equal to setup bar plus 15 as we have 10 pips above and 5 pips below the bar 3-Again correct, in fact we do not need the bands but their presence is helpful visually, I ...

4H 5EMA System

The rules I am following: Towards the end of the daily bar I place two pending orders: 1-Buy order 10 pips above the high of the bar, stop loss 5 pips below the low of the bar, target the same amount as the stop loss 2-Sell order 5 pips below the ...

4H 5EMA System

Some of the answers were not posted in my previous post here they are again: 1- So for 5 trades, no stop hit 2- For longs 10 pips above for shorts 5 pips below 3- Yes 4- You should use a chart with no Sunday bar for this method and any other method, ...

4H 5EMA System

Please read the replies in red

4H 5EMA System

After a while I came to the conclusion that 4 hr was performing better than 8 hr, so I abondoned it. For 8hr I followed the rules of 4hr exactly as set out by Sterling. For daily rules are again the same except that every bar is a setup bar and ...

4H 5EMA System

Yes I adjust the stop according to new bars, basically every bar is treated as a new setup bar, hence stop moves with it

4H 5EMA System

Daily version interim results — Some time ago a guy visited this thread and presented a daily version of this system with some slight modifications (see post 1742). I started to forward test the idea and I thought it would be appropriate to ...

4H 5EMA System

It is being tested, however the system consists of the indicator posted above plus CCI40 for the direction, taking shorts only if cci is below 0 level and vice versa

EOD -1 day hold

Hi It is good to see you back, as this was one of my favourite methods

Gann Hilo DMI System

Setups — I have the following: Short GBPCHF Short NZDUSD Long USDCAD and maybe: Short GBPUSD Short CADJPY if bars turn red

EOD trading system

How many pairs are we following here and which ones?

Inside Bar Trading

Short now

4H 5EMA System

Do you count your 5 bars back from line 1 where momentum has crossed 100 or from line 2 which is the low of momentum?

GBP Highlow-Strategy

If price moves through the upper red line then you are long If price moves through the lower red line then you are short On the charts which I posted at the time neither of them were triggered

GBP Highlow-Strategy

Entry on retracement gives you a better RRR and gets you quicker to the target but you miss some of the trades and you miss the good ones, that is those which move straight to your target. Another option is to split the position in half and use both ...

EOD trading system

No, have a look at the 2nd chart, momentum has crossed below 100 level and has given a trigger to go long

GBP Highlow-Strategy

That is correct, it is on and off

EOD trading system

Cannot tell until it is forward tested for a few weeks

GBP Highlow-Strategy

Setups — I have: Short AUDUSD Short CADCHF and Long EURAUD

EOD trading system