Forex Trading | Handel mit beliebten CFD-Paaren | Libertex. Buy Signal. a) When the stochastic crosses up from the 20 line and is not. ovebought. b) The MACD closses higher than the previous time interval c) The Signal candle/bar closes higher bullish d) The 5 ema to the close has crossed the 5 ema to the open Stop Loss is the low of the previous candle or 20 pips but 20 pip min.. Close when the 5 ema to the .
I had to switch the longs and shorts back to the way that they were originally in the first test above. There were 6 wins and 5 losses. The final pips were only I would ask, you wait for closing of the 4th hour candle or you enter as soon as RSI 14 becomes more than 50? Active traders Poll - share your live experience or read what others have to say. Forum What is Forex? Who's online There are currently 5 users online.
Submitted by User on October 23, - Submitted by black on October 23, - Testing can vary wildly from month to month. I'm going to attempt testing back 90 days. Submitted by User on October 24, - Hi Emad, again nice Idea. You want to share your EA with us?
Submitted by Insider on October 24, - Why not other pairs? Submitted by Greg on October 25, - Submitted by Emad on October 25, - Thanx all first the numbers is the size numbers the number of lots second black, good job you have to try and try to get to right strategy good luck to you: You are totally right that we always must use a stop loss, so you can perfectly use that system if you add a stop loss I use pips because is a daily system.
I also agree that ForexPhantom is not the most experience guy in this forum but most of the times the best ideas come from less experience people because they still have creativity. And if you are experience you can take a great idea and just adjust the things that you think are laking.
For this system I would add the pips stop loss and Confirm the Daily signal with the Weakly signal I mean the Daily signal still the one to enter and exit the trade but must be always in the same direction that the Weakly signal. There's definitely ways to make money off the 5 min chart. I am a long term and short term trader. I use daily charts for my long term trades and min charts for my short quick trades.
I've been successful in both. Try looking at the overall trend of the 30min or 1hr chart then drop down to the min chart for entries. That's when you see the market move and it'll be easier to scalp. On the other hand, if you are just starting out, I would stick to the higher timeframes just to get use to the flow of price and trends.
I am newbe in trading. But I don't have any problem with time frame. My concern is to be Trend following or counter trend trader. Right now i am still looking good system for both strategies that available in this forum. I hope it's have a good backtest and then to make forward test by my self and therefore I will ignore any bias review because i do it my self. Good system for trading 5 minute charts Trading Systems.
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The results were over pips for the month. Low spread pairs, such as: