Thread: ASCTrend system
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Old 07-16-2006, 07:14 PM
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Quote:
Originally Posted by Aguda
Thanks ND, Ichimoku D1 chart was used in ASTrend M15 system, and I will try to use it again at next week.

I had using AbsoluteStrenght exit indicator at last 2 weeks, but I feel this exit method due to entry/exit too often maybe not better than NonLagMA big indicator.
For example, in EUR last week, if using AbsoluteStrenght exit indicator, good profit would be taken over by so many stoploss.

I will try to use back NonLagMA big indicator color change exit method at next week, but how to set stoploss is a problem, maybe Fib-Pivot or last high/low?

B/R
Aguda
First indicator in this system is price itself. Right, it is Fib-Pivot and support/resistance.

And please note that original system/indicators (posted in the 1st or 2nd posts on this thread) was design for D1 and W1 timeframe only.
So the only way to trade it is just to estimate the market condition every day/week.

And I think it is not for this system only (to estimate the market condition). It is for any system.

One example:

Firebird EA did good profit for EURUSD and USDCHF in last week (elite section). But not for GBPUSD because this GBPUSD was in cloud whole last week completely and absolutely.

But the other EA (some my EA - elite members knows) did very good profit with GBPUSD last week (more that 200 pips) only because of that. I understand that I need to systematize everything accouding to the market condition (indicators and EAs because we have a lot of them already to be systematized) but I do not have time simetimes do to it quickly as it is difficult to do everything. Of course I will do it. Or somebody may do it.

Besides, sorry, everybody may improve this M30 system but please note: there are no any system that works in the same way in any market condition.

When we have not good market condition to have exit on NonLagMA (price is in cloud on D1 or anything described above) so we have exit on AbsoluteStrenght indicator (exit on AbsoluteStrenght indicator is our reserve way because the other way in difficult market condition is the following: not to trade).

We started to create some EA/indicator to estimate market condition and this EA/indicator will post the file with full description. We just started (me and Igorad).
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