Simple 5 Min Gold (XAUUSD) Strategy

Hi Rozeweb,
why not a horizontal trendline on the chart like the macd shows ?

I couldn't understand what is your point ? Please explain with screenshot .

The second top on the macd around 06.00 am would give you a horizontal trendline.

Hi Traders if you find any double top before some time of the News, then it can be very profitable.. As now double top formed and after 10 pips profit sl move to BE ,, and leave . Look at image

A good system, will practice from next week. Gold always fascinates me!

It seems is pretty good system. Would like mind to show us your past performance so far?

hi rozeweb,

any further updates on this system

Anyone here still using this strategy?

Rozeweb,

Just a quick note to say thanks a lot for putting your little system out here. I just stumbled across it earlier tonight. The System is awesome I must say, In a short period of time, like an hour. I had 2 trades and made 42 pips.

The Simplicity of it is amazing.

I'm going to keep trying it and I will post my results.


Thanks again for an awesome simple system that beginners could pick right up and get out there making pips.

Cheers,

Rhamone.

Wddaa bhai apne to mujhe forex factory se black kar dia kese reply karon??
But my number 03003180132

Rozeweb, Thanks a lot man for this awesome simple strategy ...
been using it for a couple of days and made me 100+ pips

Thank you ROZEWEB, nice strategy.

Which broker is best,

Regards

The problem is the high spread here...
Did anyone tried similar on 1H or 4H timeframe? I'm trying to do that, sometimes win or lose, being on positive side.

Hi Brother ROZEWEB...

Thanks for the sharing. May God bless us and our family with good life.

Best Regards,
Mior Redzuan
+60122700454 (whatsapp)

Here is today's FPA gold analysis.

It's so intresting to read some old threads. This belongs to 2014 but I did backtest this strategy! It still works and I think it has no expiration date! Just the only problem is Risk Reward. You need to do back test more to find the best Risk Reward! I did it with the first MACD that was sent her in the first post! This strategy will be more powerfull if you follow the current trend! I mean you should forget ohter things you know in Forex if you want to use a new strategy and follow the rules! I'll try to share my trades here!

This is my first trade with this strategy! That's so cool and awsome!

The MACD indicator have version for mt5?

Good

Asi se ve bien