Diesel 10 Posted August 16, 2011 Report Posted August 16, 2011 Can anyone help me identify a certain forex trading system. It was basically trying to only trade when the momentum was above a certain threshold. I believe the way that they decided was if price was a certain number of pips greater (for long trade) than a moving average, it qualified. For shorts price had to be at least a certain number of pips less than a moving average.....the obvious advantage was you would only trade when a high velocity move was taking place. I have the system on my computer but can't remember the name of it... any help appreciated. Quote
yogesheena Posted August 16, 2011 Report Posted August 16, 2011 ????? god help u my friend tried but in end got tired Quote
MickyMouse Posted August 17, 2011 Report Posted August 17, 2011 sounds like something forex growth bot is based on :D.. still sorry , no idea as to how it could be called Quote
soundfx Posted August 17, 2011 Report Posted August 17, 2011 Hi Diesel, It's odd but this system seemed vaguely familiar to me, though I can't find it either. It may be worth installing a desktop search utility and let it index your harddrive contents, then you'll be able to do rapid searches on all docs containing "momentum" etc. Here's a good free one: http://www.copernic.com/en/products/desktop-search/home/index.html The other option is if you think you originally requested it or made comments about it, you could use the II advanced search facility to search on your posts only. Marchello 1 Quote
Marchello Posted August 17, 2011 Report Posted August 17, 2011 soundfx .. superb suggestion .. :) I also use copernic summarizer http://www.copernic.com/en/products/summarizer/ Thus can read a lot of PDF's .. short form ..LOL Good trading wishes Quote
fxeasy5 Posted August 17, 2011 Report Posted August 17, 2011 No need to index with this free tool: http://www.jam-software.com/ultrasearch/?language=EN It is super fast and convenient. Sorry, Diesel10, I remember having a system like you described but cannot remember its name too and without a part of the name no tool can find it. freddy 1 Quote
MickyMouse Posted August 17, 2011 Report Posted August 17, 2011 U could also google "momentum based trading strategies" .. it does give some results... Quote
Diesel 10 Posted August 17, 2011 Author Report Posted August 17, 2011 (edited) is it forex finder? This might be it with the "Separation Trade"! At the least, it is similar concept. Would be easier if we had an indicator showing the amount of separation between 10ema and 26ema with a trigger line at 8 pips. Perhaps some version of MACD or OSMA would show this? Have you tried this Forex Finder method Hermann Hess? If so what results? Edited August 17, 2011 by Diesel 10 Quote
MickyMouse Posted August 17, 2011 Report Posted August 17, 2011 u want it as a histo? ore .... that indy? Quote
Diesel 10 Posted August 17, 2011 Author Report Posted August 17, 2011 u want it as a histo? ore .... that indy? Not sure. Whatever you think would be easier to see when the separation gets to +8 or -8. My first thought is histo although a large number on the main chart is also desirable. It has to show the most immediately closed bar's separation value not the current open bar (since that can change)... Thanks. Quote
MickyMouse Posted August 17, 2011 Report Posted August 17, 2011 now question.... bigger than +8 and smaller than -8 :D... if i give it 8 well hardly ever get`s to 8 :D Quote
MickyMouse Posted August 17, 2011 Report Posted August 17, 2011 ore 2 bars ago was smaller than 8 and 1 bar ago bigger Quote
Diesel 10 Posted August 17, 2011 Author Report Posted August 17, 2011 now question.... bigger than +8 and smaller than -8 :D... if i give it 8 well hardly ever get`s to 8 :D Well, 8 and -8 were the numbers from the system, but you could have an adjustable cutoff if you think that's better. Thanks. Quote
MickyMouse Posted August 17, 2011 Report Posted August 17, 2011 ok so this one will give u arrows when conditions are met ... http://www.multiupload.com/9AHJLMIDBF if theres anything u want modified ore ... don`t know... let me know :D . when i have time i can modify :D Diesel 10 1 Quote
fx4_ever Posted August 26, 2011 Report Posted August 26, 2011 It sounds similar to UniversalMA EA. It has adjustable threshold value and many other options. Quote
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