4 + 1 (Metals) strategy | Metals Mine

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4 + 1 (Metals) strategy

  • #1
  • First Post: Edited May 11, 2021 4:21am Jun 10, 2019 8:29am | Edited May 11, 2021 4:21am
Hi guys.
Just thought I'd share a simply yet effective strategy I have been using for some time trading gold and silver now.

This system has proven to be effective when looking at trending markets, we should always exercise some risk and money management principles.

The idea is not to have the strategy overly complicated.
Do with it as you please, modify it or even look at back testing. The idea though is to keep it as simplified. Play with it on the demo for some time and go live when when you are ready and happy with it within the confines and realities of trading.
This is no holy grail system. If that's what you're looking for then please give this a miss. This system will offer a high probability ratio and in most instances there will be more winners then there are loosers.


Be sure to follow the levels and logic to fully grasp the system as opposed to simply opening and closing trades blindly......



Green Pips
4&1 All Time Profit: $37,496
  • #2
  • Jun 11, 2019 12:08am Jun 11, 2019 12:08am
Thanks for sharing MzansiObi!

I'm curious, what do you do to differentiate between trending and non-trending markets for this strategy?
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #3
  • Jun 12, 2019 4:23pm Jun 12, 2019 4:23pm
I like simple strategies, and it's tough to get more simple than this. May try automate this and chuck it on a demo, see how it does.

Thank you for sharing!
  • #4
  • Jun 13, 2019 3:18am Jun 13, 2019 3:18am
Hi guys.
Yeah by all means automate it and let us know.
If we can get an early going and have it running on those time frames it may be worth a shot.

Will try and post more charts and setups as of next week.
The key thing here though is patience and money management.

Charts and visuals to follow soon.
4&1 All Time Profit: $37,496
  • #5
  • Jun 13, 2019 3:21am Jun 13, 2019 3:21am
Quoting Ef5
Thanks for sharing MzansiObi! I'm curious, what do you do to differentiate between trending and non-trending markets for this strategy?
Well the moment we are making a series of HH and LL for uptrend on the 4 hourly or hourly chart then you will see the market is trending. But of we are bouncing back and forth from two levels and the moving averages are flat then we know to stay out bud.

If you guys have questions please feel free to upload charts and or possible setups will respond
4&1 All Time Profit: $37,496
  • #6
  • Jun 13, 2019 4:00am Jun 13, 2019 4:00am
Due to its correlation with Gold.

Open up your EU chart,zoom out and look at the h1 and 4 hr charts respectively. Well worth the try on EU aswell.

Again money and risk management very key.


Stay safe
4&1 All Time Profit: $37,496
  • #7
  • Jun 15, 2019 1:01pm Jun 15, 2019 1:01pm
I had a bit of time, so I hope you don't mind:

Indicator:
Attached File(s)
File Type: ex4 dwebMAMTF.ex4   13 KB | 1,870 downloads

++ Set the timeframe to what you want
++ You can load the indie more than once for the H1/H4 respectively
++ Set Colors/Lines to what you want
Attached Image


Sample Chart: M15, setting to H4
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDmicroM15.png Size: 33 KB
We err, and err, and err again, but less.
  • #8
  • Jun 16, 2019 3:26am Jun 16, 2019 3:26am
Quoting dweb
I had a bit of time, so I hope you don't mind: Indicator: {file} ++ Set the timeframe to what you want ++ You can load the indie more than once for the H1/H4 respectively ++ Set Colors/Lines to what you want {image} Sample Chart: M15, setting to H4 {image}
Alright lovely bro.

That's good. Will load it up and put to use.

Will it give alerts aswel?

Quoting dweb
I had a bit of time, so I hope you don't mind: Indicator: {file} ++ Set the timeframe to what you want ++ You can load the indie more than once for the H1/H4 respectively ++ Set Colors/Lines to what you want {image} Sample Chart: M15, setting to H4 {image}
Did you apply a backtest on the indie?
4&1 All Time Profit: $37,496
  • #9
  • Jun 16, 2019 8:42am Jun 16, 2019 8:42am
Quoting MzansiObi
{quote} Alright lovely bro. That's good. Will load it up and put to use. Will it give alerts aswel? {quote} Did you apply a backtest on the indie?
Alerts: None, however specify what you are looking for.
Backtest: None based on your rule set. However, visually appealing and viewing it with interest as you are the master of it. I do not trade MA's, but open to ideas.
We err, and err, and err again, but less.
  • #10
  • Jun 16, 2019 3:06pm Jun 16, 2019 3:06pm
Quoting dweb
{quote} Alerts: None, however specify what you are looking for. Backtest: None based on your rule set. However, visually appealing and viewing it with interest as you are the master of it. I do not trade MA's, but open to ideas.
In terms of the alert I think it would work best if we had a notification going off that confirms the entry signals, that's to say, when price on the 4hr or 1hr gets close to that 15 EMA. Am thinking that will give us enough time to look at the pair and wait for that 15 Min chart entry.
4&1 All Time Profit: $37,496
  • #11
  • Jun 16, 2019 6:07pm Jun 16, 2019 6:07pm
G'day,

Thanks M for the strat and d for the indi. I will try to run it and report.
Stay green!!!
  • #12
  • Jun 16, 2019 6:32pm Jun 16, 2019 6:32pm
Quoting MzansiObi
{quote} In terms of the alert I think it would work best if we had a notification going off that confirms the entry signals, that's to say, when price on the 4hr or 1hr gets close to that 15 EMA. Am thinking that will give us enough time to look at the pair and wait for that 15 Min chart entry.
Indie v1.1
Attached File(s)
File Type: ex4 dwebMAMTF.ex4   23 KB | 2,199 downloads


Default Settings:
Attached Image


Alert message:
Attached Image
We err, and err, and err again, but less.
  • #13
  • Jun 17, 2019 1:33am Jun 17, 2019 1:33am
Quoting dweb
{quote} Indie v1.1 {file} Default Settings: {image} Alert message: {image}
Lol that was fast bud you are aware it's a public holiday here in SA right.....tell me,is it giving entry signal for 15 Min chart or when price on the 1 he and 4 hour chart huts the 15 EMA?

Cause if it's giving signal on 15 Min chart it may give some false signals if price on 1hour and 4 hour chart hasn't reached or come close to the 15 Min ema..
4&1 All Time Profit: $37,496
  • #14
  • Jun 17, 2019 2:11am Jun 17, 2019 2:11am
Quoting MzansiObi
{quote} Lol that was fast bud you are aware it's a public holiday here in SA right.....tell me,is it giving entry signal for 15 Min chart or when price on the 1 he and 4 hour chart huts the 15 EMA? Cause if it's giving signal on 15 Min chart it may give some false signals if price on 1hour and 4 hour chart hasn't reached or come close to the 15 Min ema..
Hey, The signal is only MA crosses based on the timeframe selected, thus if on M15 chart it tracks ex. H1 cross. However, your original request to alert when price is close to MA15 on the H4/H1 timeframe wil be coded... I was tired. Holiday:- Yes, famz are looking at me strange, lol... be patient
We err, and err, and err again, but less.
  • #15
  • Jun 17, 2019 2:16am Jun 17, 2019 2:16am
Quoting dweb
{quote} Hey, The signal is only MA crosses based on the timeframe selected, thus if on M15 chart it tracks ex. H1 cross. However, your original request to alert when price is close to MA15 on the H4/H1 timeframe wil be coded... I was tired. Holiday:- Yes, famz are looking at me strange, lol... be patient
Lmao.
Take your time. Bo rush at all. Merely wanted to understand what the coding has been done.
The hourly chart gave a great entry signal 5 hours ago.
I'm also on tye road and travelling. Should be back home tonight and will begin posting more charts and examples so that anyone else that needs visual representation of the setup can be assisted with it.


Moenie te veel brandy n coke drink Nie.
Stay blessed
4&1 All Time Profit: $37,496
  • #16
  • Jun 17, 2019 2:57am Jun 17, 2019 2:57am
Quoting MzansiObi
{quote} Lmao. Take your time. Bo rush at all. Merely wanted to understand what the coding has been done. The hourly chart gave a great entry signal 5 hours ago. I'm also on tye road and travelling. Should be back home tonight and will begin posting more charts and examples so that anyone else that needs visual representation of the setup can be assisted with it. Moenie te veel brandy n coke drink Nie. Stay blessed
Woolies Water brah
We err, and err, and err again, but less.
  • #17
  • Jun 17, 2019 3:04am Jun 17, 2019 3:04am
Quoting dweb
{quote} Woolies Water brah
Lol.....shweet chana
4&1 All Time Profit: $37,496
  • #18
  • Jun 18, 2019 6:01pm Jun 18, 2019 6:01pm
Nice gold last night..... I am sure you've got it!!!
Stay green!!!
  • #19
  • Jun 20, 2019 3:03am Jun 20, 2019 3:03am
1hour chart outlook and explanation......
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 250 KB
4&1 All Time Profit: $37,496
  • #20
  • Edited 8:19am Jun 20, 2019 7:57am | Edited 8:19am
Quoting dweb
{quote} Hey, The signal is only MA crosses based on the timeframe selected, thus if on M15 chart it tracks ex. H1 cross. However, your original request to alert when price is close to MA15 on the H4/H1 timeframe wil be coded... I was tired. Holiday:- Yes, famz are looking at me strange, lol... be patient
Hey bud, forward me your email address please
4&1 All Time Profit: $37,496
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