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- caireono replied Feb 10, 2008
Hi Pardy, A very good observation and I think u really understand what I am into. There are variations regarding the significance of stoch cross and rsi cross which I am going to explain later. But, I am more interested in your second question which ...
KAS37 Trading System
- caireono replied Feb 10, 2008
Introducing PATTERN RECOGNITION. GOOD BUY PATTERN - GBPAT BAD BUY PATTERN - BBPAT So far, there are 3 GOOD PATTERN (GOOD BUY ENTRY SIGNALS) and there 3 BAD PATTERN (BAD BUY ENTRY SIGNALS). Attached is the GBPAT1. Description. 1) Previously there has ...
KAS37 Trading System
- caireono replied Feb 10, 2008
Sorry Bosco, I dont understand what help do you need.
KAS37 Trading System
- caireono replied Feb 10, 2008
Sorry for the misunderstanding - I should put the extra note there, BECAUSE when the price move up is slower than price move down, FOR BUY, normally I dont wait for SMA3/7 cross, but for SELL, I would normally wait for the cross. For James IB ...
KAS37 Trading System
- caireono replied Feb 10, 2008
I dont use any EA, the arrow is manually positioned, i am using MT4. On other timeframes, I haven't tried, but I plan to, u know why ? Because, this system work on any timeframe, ie. If any system work for 5Min timeframe, it should work for higher ...
KAS37 Trading System
- caireono replied Feb 10, 2008
Hi Pardy, It has to follow the sequence, which is the Stoch MUST cross first, then the RSI cross for it to be a VALID signal. I would enter the trade without waiting for SMA3/7 cross, if the candle has closed for the RSI cross. I would close the ...
KAS37 Trading System
- caireono replied Feb 8, 2008
I believe I have posted many examples, enough to be tested by any Trader out there. Please try it DEMO, and tell me, or give inputs if any. And, if you believe after demoing it can make money with it, go for LIVE, AND if it truly makes you tons of ...
KAS37 Trading System
- caireono replied Feb 8, 2008
5 Valid Signals, some does not hit my TP, so I close it between 5-10 pip profit normally. This is what I like with this system, many signals.
KAS37 Trading System
- caireono replied Feb 8, 2008
More examples. All arrows are valid signals, look at how many signals triggered within those 3 hours.
KAS37 Trading System
- caireono replied Feb 8, 2008
Another good example of the nuances in detail. Refer to the chart. I nearly took the trade at the first arrow (left), only to find that the price go down, and but later, there are stoch kiss (first), then RSI kiss (second) then SMA cross (third), so ...
KAS37 Trading System
- caireono replied Feb 8, 2008
Hi a777, I have even trade 'LIVE' with the combination of indicators at this forum url It works, can give consistent profit, BUT, take too long of my time to wait.
KAS37 Trading System
- caireono replied Feb 8, 2008
I have great respect for Imran and James, they are the proven MASTERS. I have used also Dr Bob CCI 5034, 3 Stoch by BoxingisLife, James PSAR and MACD crossing. But, many times, time and again, NOT that the SIGNALS are wrong, it is just that we don’t ...
KAS37 Trading System
- caireono replied Feb 8, 2008
I took this entry, refer to attached chart. Question is - do I follow my Rule? I want to discuss detail about the nuances. Looking at the chart, u will see that the RSI cross happen first before Stoch. Later u see a term called 'RSI Kiss' (I am sure ...
KAS37 Trading System
- caireono replied Feb 8, 2008
Example of GOOD signal. Please refer to Post#15 statement.
KAS37 Trading System
- caireono replied Feb 8, 2008
Refer to the chart, somehow northfinance chart still moving, fxcm trading already closed. If based on the new rule under testing, could have made at least 30 pips. We, the TRADER always have the problem to IDENTIFY, whether it is Ranging or ...
KAS37 Trading System
- caireono replied Feb 8, 2008
Hi mattrader, I believe in "When we give, we get back, only thing is that we get MORE, especially KNOWLEDGE AND SKILLS". It is for all of us, and me. That is the beauty of sharing.
KAS37 Trading System
- caireono replied Feb 8, 2008
Hi bosco, It is the normal RSI setting, only you use 2 of them, place on the same window (drag it), one with value 3 and another with value 7. Hope that helps.
KAS37 Trading System
- caireono replied Feb 8, 2008
Again, the new RULE under testing still hold. AND, a very important observation also A PROOF of the Bollinger Band TRUE POWER in the Ranging market, THE TOP AND BOTTOM lines drawn is almost exactly the same as the Top of BB and the Bottom of BB, so ...
KAS37 Trading System
- caireono replied Feb 8, 2008
The new tested RULE stand. But, I am not confident yet, need more OBSERVATIONS. But, at what price level should we take the BUY OR SELL near the Bottom or Top Lines ? Next week, I am testing with 10 pips. If the price within 10 pips away from the ...
KAS37 Trading System
- caireono replied Feb 8, 2008
Current price, I would like to see whether my new tested RULE stand, will the price go above the TOP LINE?
KAS37 Trading System