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Thank you for sharing your system and ideas. I had been waiting for the 60 EMA as a filter all this time, its why I did not get too many trades as a signal, thanks for pointing this out. No matter what, your system has been producing many PIPs, but for ranging market, there is not much to gain. I had found an EA called Universal EMA in this forum which I can input the EMAs to alert me, its better than sitting in front of the terminal waiting for a cross.
ISAKAS is manual system..mybe its not produce more pips n sometimes its boring to waiting chart shows signal but..its trending system.dats why i created n used its. thanks for trying bro et_phonehome_2
And gud luck 4 u
et_phonehome_2.....................would you be kind enough to share the EMA alert with us. Sure would make life a little easier.
Thanks.
The EMA Alert will only tell you when the EMA crosses, but have nothing to do with checking for the red/green bars. Its better than nothing so you no need sit at a terminal staring at the screen. I have initially been doing it manually waiting and waiting. Now with this EA, I just have it trade for me either asking for a confirmation or just go ahead...
How would you handle the following chart from the 30 minute TF? According to the 1 HR TF, its still good for a long position, should I had taken the long position in this case?
I had LONG EURJPY at at 150.49 [2006.11.07 04:00] from the 30M chart....
Sory et_phonehome coz too late for answer ur question..
im only here on this forum at midnight ( now, 2.00 a.m )
ISAKAS ROCKS this pair today (UCAD,UJPY,UCHF,)
Hm..ej actually not the ISAKAS sell signal today.
Look histo..doesn't seem the red bar until 09.00.
Do not only look at the EMA cross..get the confirmation of HISTO, ASHI AND PEAK...
Its TREND follower..EMA is the first step. Waited to others HISTO, ASHI give u simultaneous signal..
Thanks Zeman, that was my mistake. I need to keep the rules implanted in my head.... Do you use any type of indicators to determine whether the market is right for your system, that is, not in a range? I do not know if there is a way to tell from your indicators.
Thanks Zeman, that was my mistake. I need to keep the rules implanted in my head.... Do you use any type of indicators to determine whether the market is right for your system, that is, not in a range? I do not know if there is a way to tell from your indicators.
ET
hm..boring today..so im play around here for a minute...
yeah..that the spirit..keep all of the confirmation entry in your head.. dont let they hanging out a way from you.. That ISAKAS template also with the AUTOCHANNEL INDI which draws the trendline.. BUT..ashi and histo is strong enough to confirm the trend..
Can you look at the attached chart? If I understand everything correctly, there was a long signal when finally the HA bar turned green. But if I woul have taken that signal, the stop loss would have been nearly 100 pips? I wrote in the chart where the stop loss should be.
yeah...thats the rules...BUT..carefull with ur margin..look at the real trend at TF 1hour and 4..but if the stop loss is sooo huge amount, considered it to makes its half...
BY THE WAY..that GU not the bullish signal..that kuskus stop high peak have appears above..
dont forget the magic words..FOLLOW THE TREND ..hehe