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Posted

Re: forex cash detective

 

I is actually working, i was too tired when i wrote the last one, assumed it was automatic and tried a backtest =)) =)) well it is a manual system, hope it is a good one, havent tried it yet thou 8-)

Posted

Re: forex cash detective

 

It is not a bad system, ive made a few trades all winners so far :) i makes predictions of the daily chart (or weaker ones of the 4h chart but i didnt use that) and gives you the main trent, exact entry for pending ordesrs, stoploss and two profit targets. I make two trades one with the first profit target, and one with the second, and on the second one i put a trailing stop with the value of the first profit target, so that i vould break even if the price falls back, but luckily that has not yet happend.

 

Has anybody tried it. It is realy easy, just watch the videos on the website :)

Posted

Re: forex cash detective

 

If someone could make a sound alert for the entry signal that would be great.

 

Also if someone can make this system into an automatic one that would be even better, since all the indis spell out exact targets i dont think it would be difficult.

 

Damn, does anyone have any good book on mq4 programing or even a video course :)) ThNX

Posted

Re: forex cash detective

 

Hi,

 

Can you tell me which pairs did you loaded for trading? What is the time that the signals come in?

 

How long would the signal lasted before I miss placing the pending order?

Posted

Re: forex cash detective

 

Of course,

 

i skipped trough almost all currency pairs (D1) last night in oreder to find the ones that have already the entry signal (so i wouldn't wait), the pairs that had an entry last night are EURAUD, NZDUSD and GBPJPY. But it really doesn't matter that much which pair it is, as it seems it is all in the price action.

 

The entry signal lasted for at least a couple of hours (i went to sleep two hours after i set the trades and the entry was still active and the same number), and it took around 3-4h (depending on currency) for the price to reach the order. When i woke up all the first targets and 2 second targets were hit and closed, and EURAUD closed the secon target about an hour after that.

 

Currently there is an entry on USDNOK (5.9862, first:96, second:191, stop:96), ill try that now to see how it handles that. cheers

Posted

Re: forex cash detective

 

Lord,

 

this is curios .

 

 

Currently there is an entry on USDNOK (5.9862, first:96, second:191, stop:96), ill try that now to see how it handles that. cheers

What I get :

 

sell signal on USDNOK at 5.9867

First Profit Target : 949 pips

Second PT : 1899 pips

Stoploss : 949 pips

Posted

Re: forex cash detective

 

I still cant make any recommendation, as I've been testing it since yesterday, but have made 6 winning trades (around 90 pips total), and are waiting for two more for 187 pips. It seems that all the pairs are o.k., but major ones are probably safer to trade. The signal appears when conditions are met, and there is no alert other then the text on the chart (hope somebody here can make a simple audio alert).

 

Watch the videos on the site, they are very informative :)

Posted

Re: forex cash detective

 

usdnok is still far from making that trade

 

Lord,

 

I have a sell signal at 5.9867 and current price is at 5.9113 so if I had taken that trade I were +754 pips !

 

TF is daily

Broker is broco demo

Posted

Re: forex cash detective

 

maybe, but I'm not so sure. I think the signal appeared when the price was already below that entry, and is waiting for the reversal to start the trade. We still need to test this system. Currently there is a EURUSD entry (mine is: 1.44771, 1st:149, 2nd: 298, sl: 149)

Posted

Re: forex cash detective

 

I've been testing it since monday. The winning rate so far was 100%, but some trades were not taken in time. I wish there was an ea, so I wouldn't have to check for entry by hand :) i don't think it is that difficult to make a simple one, just for basic testing :-??

Posted

Re: forex cash detective

 

well I open two trades, one with tp on first target, and the other with tp on the second target. It is a real pain to enter them manually :) I'm not sure how you would exit half of the trade except manually closing 0.1 lot when the price is right but that is not practical

 

Any help in automating would be much appreciated [-O<

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