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garfield75 replied Sep 3, 2013FBird - Which broker are you trading with ? As I trade this system on daily timeframe too.. My GBPCAD trade just closed with 150 pips of profit. I currently have 2 long trades open GBPJPY & GBPCAD both on daily timeframe. No trades on 4 hours yet, ...
Multi time frame Simple MACD system
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garfield75 replied Sep 2, 2013Most of the JPY pairs will setup for long trades on the next candle.
Multi time frame Simple MACD system
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garfield75 replied Sep 1, 2013A fresh signal is when a) there are no open trades on the currency pair or b) open trade stop is already at breakeven.
Multi time frame Simple MACD system
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garfield75 replied Sep 1, 2013Nice trade. As the price has moved to more than half way to your target. Stop should be moved to breakeven to protect capital.
Multi time frame Simple MACD system
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garfield75 replied Aug 31, 2013I currently have 1 trade open on Daily chart for AUDSGD. Let's see how it turns out next week.
Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013Currently template settings are optimized for 4hours chart. As some of the traders are using lower timeframes to test this. I will post 30 min & 1 hour templates. Will also post daily template for lazy traders like me, who can check the chart once a ...
Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013Hi GP, 2 MACD will give you lot more trades, will also have higher number of losing trades, give it a go if you want, but PLEASE do it on DEMO.
Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013Just want to double check, did you wait for the candle to close on 1 hour before putting your trade on ? Yes there is a trade setup on AUDJPY 4 hour chart.
Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013Thanks seikilos. Yes I have toyed with the idea of pyramiding or opening multiple trades with different targets, haven't done much on it yet. it's definately on my to do list.
Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013Nice trades FBird, I missed them due to sleeptime
.Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013Hi carlostedo, Yes it does. on 4 hours chart, the MA is mapped to daily 200 MA position. so if that MA is within the RANGE (between Stoploss and profit target) of trade setup, I skip the trade.
Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013Around 500 pips... However I measure my trading success in $ or % value not in pips. you can make 10% to 15% on this system per month following the rules of trading.
Multi time frame Simple MACD system
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garfield75 replied Aug 30, 2013nice work baoming... My aim is to keep the system simple and profitable. I don't trade lower than 4 hours, due to required screentime to monitor charts.
Multi time frame Simple MACD system
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garfield75 replied Aug 29, 2013''count bars'' = 1000 ''line'' = 2 ''zero level'' = 0.0 even if all 3 colours match, do you still have to wait for the macd to go above the zero line (on the first shorter macd) for a buy, and vice versa for a sell ? No even if all 3 colours match, ...
Multi time frame Simple MACD system
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garfield75 replied Aug 27, 2013here are some example of winning trades.. let me know if you want to see few losing trades examples happy to post that too since there are always winners and losers in a trading strategy.
Multi time frame Simple MACD system
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garfield75 replied Aug 27, 2013I trade with 2 brokers - Axitrader and IBFX.
Multi time frame Simple MACD system
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garfield75 replied Aug 27, 2013Agree all indicators are lagging. as you can see with my example of this GBPJPY trade, it was in real time where I showed the entry and outcome of the trade. This system give me a fair number of postive trade, Risking 2% per trade, it is quite easy ...
Multi time frame Simple MACD system
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garfield75 replied Aug 27, 2013GBPJPY went in the right direction after london open. Moved trade to breakeven.. now just wait to hit TP..
Multi time frame Simple MACD system