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CanuckCT replied Feb 10, 2008UT_Fast — Hi psymantis, That is correct. I believe above 23 and below 8 is the level for a strong trend reading (though I'm not sure that's how I will use it). Because x50 provides a lot of signals, the EA under construction is hyper-active. ...
X50 - M5 trend following
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CanuckCT replied Feb 7, 2008x50...a new trend filter — Hello folks, Real busy time for me at work...so I won't be posting much for a while but will be quietly trading. However, I have been up late at nights searching for a way to improve this approach. And here it is. ...
X50 - M5 trend following
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CanuckCT replied Feb 5, 2008Exit strategy — Hi deang, I think you entry was great...re the exits, spud often thought that once the stoch hit oversold you would grab your pips and run. What we are trying to do is catch a trend and ride it a bit longer. Althought the 5-3-3 ...
X50 - M5 trend following
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CanuckCT replied Feb 3, 2008X50 Summary — Someone has gone through the trouble to summarize the posts on this thread and provide the examples of what to look for. So I offer it up here and will add to the first post. Cheers CanuckCT
X50 - M5 trend following
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CanuckCT replied Feb 1, 2008Indicator — Hi deang The templates work fine....but the indicator processes MACD, stochastic and AS values and creates the arrows you see in my post along with a popup alert. You don't need it to trade this method...but the alert is helpful ...
X50 - M5 trend following
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CanuckCT replied Jan 31, 2008x50 Indicator — The x50 indicator is currently under construction and will be in testing over the next few weeks. Here's a screenshot from today. Film at 11. The sell was from one of the signals...in a demo account. Trade opened but not ...
X50 - M5 trend following
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CanuckCT replied Jan 30, 2008Ice storm.... — A couple of people have sent me PM to ask where I have been...well I live is eastern Canada and we've been hit with a serious ice storm again. Second in a month. Here's a link to a news article and some pics. Quite amazing ...
X50 - M5 trend following
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CanuckCT replied Jan 28, 2008Thanks... — have 5 people...thanks Cheers CanuckCT
X50 - M5 trend following
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CanuckCT replied Jan 27, 2008Need some help... — I'm looking for 5 people to help with some very specific testing on an EA for x50. I have one volunteer already, so I need 4 others. Please PM me for details. Cheers, CanuckCT
X50 - M5 trend following
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CanuckCT replied Jan 25, 2008backtest — Why can you only forward test and not backtest...please explain. Thanks Cheers CanuckCT
X50 - M5 trend following
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CanuckCT replied Jan 25, 2008try again — Look under community rooms for x50 Cheers CanuckCT
X50 - M5 trend following
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CanuckCT replied Jan 24, 2008tradingrooms.com — Oromis Member Oromis and I were in a new room at www.tradingrooms.com last night. Much better setup for trading as we shared a live chart from my computer to his. Very, very cool. Thanks to grkbear for the suggestion. ...
X50 - M5 trend following
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CanuckCT replied Jan 24, 2008Impressive results — Hi cfossy04, Great to hear. Seems like you need to be taking profits more quickly and to start to practice money management like trying to risk certain % of your account on each trade. Most trades I have entered have been ...
X50 - M5 trend following
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CanuckCT replied Jan 24, 2008AS movement — Hello neshat, The only comment I'll make is that for ideal setups the AS indicator should cross and be pointed in the opposite direction...the steeper the angle the better and both the blue and red lines should have crossed their ...
X50 - M5 trend following
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CanuckCT replied Jan 23, 2008Another way to play x50 — Here are 3 trades that I just made as follows: Macd below zero so predominent trend is down trade 1 5-3-3 stoch went above 50 and crossed back down...was good separation on as so sold for +10 pips trade 2 same...5-3-3 ...
X50 - M5 trend following
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CanuckCT replied Jan 23, 2008Good setup? — My idea of a good setup is macd had crossed zero and 5-3-3 has crossed 50, with 14-3-3 also heading up...is doesn't need to be over 50 but if it's following the 5-3-3 it will be by the time AS confirms. The tighter the 5-3-3 and ...
X50 - M5 trend following
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CanuckCT replied Jan 23, 2008Live chart — This is a neat idea...posting a live chart in a room and following it. How do you do this. I couldn't even find where to set up a room, let alone post a live chart. I'll have to check that out again. I do like it better than what ...
X50 - M5 trend following
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CanuckCT replied Jan 23, 2008Stops — You might try looking at ATR 5 and see what the range for the previous 5 candles is and use that for your stop. I have a default stop in Oanda for all trades at 30 pips but my mental stopis lower, around 20, for some pairs.. Sometimes ...
X50 - M5 trend following
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CanuckCT replied Jan 23, 2008EC and GC + losing trades — Hi Glenn, Not seeing those shorts. MACD never crossed zero line and the stoch and macd have to be in place before I look at AS indicator. The stoch crossing 50 is important only when MACD cross zero within the next ...
X50 - M5 trend following
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CanuckCT replied Jan 23, 2008One more thing... — The other thing about this chart is the 14-3-3 stoch. Primarily it's the 5-3-3 that leads the way and the 14-3-3 follows. If you look at this chart...the 14-3-3 is a bit flat and somewhat directionless. I know sometimes it ...
X50 - M5 trend following