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MiniMe:
I couldn't resist to quoting you.
I'm totally agree with you. Your post should answer any big quest searching for an holy grail system. There ain't thing such that. Systems are just means to simplify. Nothing more, for me I won't ask for more, that's a lot. Observing and anticipating should be in my part. System helps me, but not told me what to do.
I'm myself a newbie in forex trading (poor me), but luckily I'm also a programmer. I made tools to make life a lot easier and happier, but I'll never trust my life in them, just for a simple reason: Use your tools as a tool.
Forgive my poor english.
Cheers
newbie and programmer thats an advantage, if you need any help let me know.I never claimed to be the best, but I have been in the market long enough to know my way.
Thanks for the offer I really appreciate it. But having been wandering around a while I came out on one conclusion (which might be altered later but surely I’ll stick with it now) that I’m not ready for trading now and need to focus on other things, though I am so fascinated by the prospect.
In every complicated thing, Simplify is the Key. I think the best TA tool is a set of customable one. It’s about when to use the appropriate one with the proper settings (this prospect what fascinate me most), but it also will depend heavily on the pre-analyses of the person using it (this fact hold me back).
But again thanks for the offer, I do put forex on my first priority in the long term. I’ll keep in touch if you don’t mind. I’m sure I’m gonna need any helping hands.
Cheers.
Hi
As concerns G#MACD the H1 shows the current trend & the H4 the Daily trend, the DI is too long term for intraday signals, if the H1 & H4 are showing opposite signals the moves tend to be small and if they both signal the same direction then the moves are a lot larger.
cja
Hello cja,
First of all I would like to thank Zeman, you, MiniMe, Ancoll and others who provided all kind of help on this system. However I've a question for you. on
GMACD when you have a reading on D1 as red means trend is down. When I put MACD on 1 Day candles chart. Both candle and MACD indicator show positive reading not negative as shown on GMACD, with MACD default setting. Did I misinterpret your GMACD indicator somehow?
thank again for your kind help.