Coding — Is there anyone here who is any good at coding? Please PM me. Thanks CanuckCT

X50 - M5 trend following

Hey WHTenn, I think we are on to something here for sure. I had no idea there would be the interest there seems to be. Thread had over 3000 views in a very short time. Thanks for the 5-star. Now let's all make some money. Cheers CanuckCT

X50 - M5 trend following

Hi joka, Go to url and download the free demo. Use it for charts and use your own broker for trading. Otherwise, not sure how to help you as far as writing code for a different platform. Cheers, CanuckCT

X50 - M5 trend following

OB and OS — If you are trying to buy or sell into a trend, price is likely to stay over 80 or below 20 for long enough to make you some pips. I'm not that concerned about about ob and os areas, in fact I want it to be near there. In my ...

X50 - M5 trend following

Pair and time of day — No favorite pair - GBPJPY, EURUSD, AUDUSD....but I scan about 10 pairs for opportunities on the 4th minute of every 5 minutes to identify opportunities and then focus on 2 or 3 opportunities, and pick one, sometimes 2. ...

X50 - M5 trend following

Getting your life back — Hey MAC This is precisely why I ended going back to M5. I was having a stressful time with higher timeframes. I would like to go there, but right now I'm just not smart enough to do it. With this, you have two hours, ...

X50 - M5 trend following

Absolute Strength indicator — I use this indicator because another system I'm reviewing for H1 timeframe uses it. The cross and steeper angle seems to coincide with a good entry. You'll notice the MACD cross and AS cross appear together on the ...

X50 - M5 trend following

nice trading — That's great trading. Perhaps you could post a few screen shots of your entries. 30 to 40 pips on GJ is a nice target on one trade. Glad to hear it's working for you also. Have you looked at any other pairs? Cheers, CanuckCT

X50 - M5 trend following

Trading Room — Hi Everyone, A few of us had been chatting and trading together in a room. We didn't get a lot of traction in the room, but I still think the idea was a good one. Since everyone trades at different time, it's often difficult to ...

X50 - M5 trend following

EURUSD — Bill, You are right and you could have entered at that point. I would have waited to see the AS indicator cross and start to move up, in the direction of the trade. At the first bar, the AS indicator would have just crossed and a bar ...

X50 - M5 trend following

chfjpy — Was up +10 on this trade and didn't take profits. Closed for -3. 14-3-3 stoch moved above 20, following the 5-3-3. Cheers CanuckCT

X50 - M5 trend following

2 Charts — I have 2 charts to review...the first is I trade I took on GJ, entry rules met and price had touched the pivot twice. Closed for +30. I should have stayed as 14-3-3 stoch never really went above 20 for more than a minute or so...an ...

X50 - M5 trend following

Thanks — Hello kermut, Thanks for the kind words and the link for Palmer post. You can tell by the code on the indicator what moving averages it looks at. Will check it out. Two things...I thing new traders (I include myself in that group as I ...

X50 - M5 trend following

Broker — I use Oanda for orders and I use Metatrader demo from url for charts. I'll usually try to put the order in on the demo if I plan to post the shot. The actual order for the AUDUSD trade was with Oanda and I had already exited before ...

X50 - M5 trend following

Added to post #1 — I've added this indicator to the first post. Sorry about that. Cheers, CanuckCT

X50 - M5 trend following

Other timeframes — You may want to ignore the other timeframes as I have this template setup for a different view on H1, H4 and daily that have nothing to do with the M5 entry. Cheers, CanuckCT

X50 - M5 trend following

Rythm indicator — See post #4. We're trying to catch a trend. The indicator is a measure of the strength of the trend re price and a number of moving averages. You could ignore this indicator and ou'll be fine with the signals. When it's weak, ...

X50 - M5 trend following

AUDUSD — Here is a trade I just took. Closed at +24. Because of low momentum this time of day, waited for 2 bars on macd as confirmation. Trade over in less the 15 minutes with no heat. Cheers CanuckCT

X50 - M5 trend following

M5 only — Ocelot, I'm only trading M5. To be honest, I've not even looked at other time frames with this. If you do, please provide some feedback. Cheers, CanuckCT

X50 - M5 trend following