newbie111 Posted November 13, 2011 Report Posted November 13, 2011 (edited) Ok this is the version from the discount site. I went back on the chart in strategy tester to see if the discount version gives the exact same signals as Mike B's version on the Rising Phoenixs site and it gives the exact same results, so it is safe to say that this is the exact same indi that mike b is selling for hundreds of dollars. Discount Version http://i1130.photobucket.com/albums/m527/newbie1112/myversion.gif Mike B Version http://i1130.photobucket.com/albums/m527/newbie1112/FromSite.png Enjoy: hxxp://www.multiupload.com/F4EWW6LBMX Thanks would be appreciated. Edited November 13, 2011 by newbie111 psaini1973, forexfx, mashki and 18 others 21
forexfx Posted November 13, 2011 Report Posted November 13, 2011 I think if you try Parabolic SAR with 0.05 , 0.1 setting is better
newbie111 Posted November 13, 2011 Author Report Posted November 13, 2011 I think if you try Parabolic SAR with 0.05 , 0.1 setting is better Do you mean use the P-S as a stop loss?
forexfx Posted November 13, 2011 Report Posted November 13, 2011 You can do that too and trail your profit. Enter as soon as the 1st dot appear I normally use it for scalping on M15 and M30 newbie111 1
newbie111 Posted November 13, 2011 Author Report Posted November 13, 2011 Just applied your settings, but the parabolic SAR seems to filter a little too much and cause you to miss lots of 10 pip profit moves. I guess it all depends on your style of trading.
hankt80 Posted November 13, 2011 Report Posted November 13, 2011 I loaded templ but I dont see the exit points like on the chart above (red crosses)
bobanthony Posted November 14, 2011 Report Posted November 14, 2011 ya there's no X sign for exit ? What's wrong or they do not provide the exit signal ?
newbie111 Posted November 14, 2011 Author Report Posted November 14, 2011 ya there's no X sign for exit ? What's wrong or they do not provide the exit signal ? I loaded templ but I dont see the exit points like on the chart above (red crosses) I Honestly don't know. But for $9 instead of Hundreds of dollars, I'm satisfied with this indi. It is just not worth it to pay hundreds for the X signal that your looking for. Just use good money management. If you need more advice on MM just ask some of the seniors here on our forum.
hermes Posted November 15, 2011 Report Posted November 15, 2011 (edited) If you are not sure about exit decision always exit with 5EMA! 5EMA is a holy bible for exits! Michael's template is terrible! Hermes Edited November 15, 2011 by hermes
bobanthony Posted November 15, 2011 Report Posted November 15, 2011 Can you give the 5EMA Indis and templates, thanks !
hermes Posted November 16, 2011 Report Posted November 16, 2011 bobanthony, the 5EMA can be made on every MetaTrader4 platform. Click navigator and then indicators. Then click moving averages and fill the box on chart. Put in settings 5 and chose on the right hand side "exponential" and color eg. blue. That's it. Hermes
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