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Old 09-12-2007, 05:31 AM
banzai banzai is offline
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Join Date: May 2006
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Quote:
Originally Posted by droesparky View Post
Ok here it is and if you wanna try the wannaB then I suggest a demo account for starters. I am still testing it.

5 min chart.
there are 12 WMAs, 3, 5, 7, 9, 11, 13, (make these one color)
15, 17, 19, 21, 23, 25, 27 (Make these one color)
Slow Stoch 30, 10, 10

entry is when price closes on the opposite side of the MAs. (shown with a red line)
and stock crossed in proper directions, I like it best when there is decent sepreration of the stoch lines.

there are two suggestions for stops
one is the opposite end of the candle that closed outside the MAs. (shown with a green line)
two is the last high or low on the 5 min chart. (also shown with a green line)

target is the distiance between the entry point and the last high or low. (note the small blue lines showing this)
Try my MT4 template and thanks for the trading system. The arrows are the crossing of LWMA(3) & LWMA(27)
Attached Images
File Type: gif gbpjpy09112007a.gif (11.4 KB, 4376 views)
Attached Files
File Type: tpl Wannabe Rainbow.tpl (45.2 KB, 669 views)
File Type: mq4 MovingAverages1.1.mq4 (6.8 KB, 678 views)
File Type: mq4 Magnified Market Price.mq4 (1.5 KB, 622 views)
File Type: mq4 MA_Crossover_Signal.mq4 (5.8 KB, 674 views)

Last edited by banzai; 09-15-2007 at 01:00 AM.
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