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This a challenge to all gurus in the forum. Can anyone of you make the zigzag indicator to have a pop-up and sound alert? Please help. Thank you in advance.
Any further updates on the 5 min channel tarding? Also the Var moving avg on the 5 min channel trading ,does any one know what does small green dots are on the brown line? If any one has use this ,would you be kind enough to give an over view of this systems use. I know it is still being tested but just same very basic rules would be of great help,
Thx
Are you asking about this indicators/template? http://www.forex-tsd.com/169225-post77.html
It is Var Mov Avg indicator's signal for buy an sell.
But it is not easy to trade as this system is mixed with traditional/classical channel trading system (described in the beginning of this thread) with MaksiGen Trading system (light Paramon) from here MaksiGen Trading system and this one Ichimoku
(Paramon is famous scalper - it is his username and Maksigen is his system which I improved).
I am testingit for M5 timeframe for 15 different pairs simultaniously.
I am testing just to estimate the trading technique rules: trading technique using channels (support/resistance etc0 are very difficult so i am trying to prictice with it. I will post everything of course later. Just need to be more comfortable with it.
We are having channel trading system for H1, H4 and D1 timeframe. So it will be system for M5 timeframe.
It is very difficult to trade many pairs simultaniously and i am doing it just to test the trading technique with this channel (not for profit).
Signals (validated signals to enter) are coming not often so that is why I traded 15 pairs siultaniously just to have few trades per day.
If we look at this image so we can see that it was breakout yesterday in the morning the channel changed the direction. People who traded GBPJPY yesterday can get good profit.
It is M5 timeframe but from the images we can understand: this system is not trading often. It is better to trade many pairs on demo forist just to be more comfortable with channel trading, support/resistance, breakout and so on. As to the rules so look at MaksiGen trading system and in the beginning of this thread: the rules are very similar.
And I want to remind: much more easy to trade inside the channel. And it is difficult to trade on breakout of the channel. We are having many breakout systems (manual trading systems) and the members may think that it is very easy. Not at all. It is much more difficult than to trade the trend in inside the channel.
Last edited by newdigital; 02-26-2008 at 04:13 PM.
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