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gregox50

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Posts posted by gregox50

  1. Hi Checkmail,

    The ema's are exponential on the close, no shift..As I mentioned the strategy is mainly used for pullbacks in a trend so in a downtrend the 3 and 6 would be below the 18 and above the 18 in an uptrend. A lot of times I jump in when the 3 and 6 are crossing the 18 for the first time which is the start of a trend and then add to the trade when the 3 and 6 retrace towards the 18 and turn back in the direction of the trend (or 18 direction)

    I also use a Stochastic set to 30, 5, 10 to give me an idea if the trade might have a chance of a big move. I put that on the 4hr.

  2. Hi Checkmail,

    I bought a course that was only on the net for a while and the guy had won an American competition, first prize $50,000.

    I've taken to using his simple system because it is safe and consistent. He only used it on the Daily and Weekly but he must have had lots of money to trade. I use it on the hourly and 4hourly.

    It is 3 ema's, the 3, the 6, and the 18 ema. He said he had researched for years and found this was the best combination that he'd ever found. 3x6=18. He mainly waited until the trend was established and then traded pullbacks. You just watch the 18 and as long as it stays in the direction of the trend you jump in once the 3 crosses back over the 6 at the end of the retracement. The only other indicator he used was a MACD for divergence. It's all pretty basic but it works well especially on the 4hr.

    Hope this helps

  3. Hi Businessman9821, I just started googling because I started to think that this guy has released "pipsraider" system before. I ended up finding this page{ http://[email protected]/jvtools.html }Check it out. It's not as bad as it seems because you do get the system for only $79 but I bet they push the upsells HARD like they always do. I'm an Aussie and man I hate marketing, especially American style.
  4. Hi Piphore, ignore the desktop config file, you don't need it ( I think) I just loaded all indicators into expert/ indicator folder and then put them onto a chart one by one. It all works nice except the signal doesn't automatically update on a new candle, you have to change timeframes and then the signal appears when you go back, i.e. 15m to 30m and then back to 15m and the signal updates. This is a pain, is anyone else experiencing this?

    Back testing this looks great though, I can't wait until the markets open to try out a scalping idea on the 5minute.

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