Originally Posted by Mazoem

Its a chapter from "Trading Chaos" Bill Williams

Originally Posted by 4xtrader

Hi Codersguru,

Would you please to make it easy

I always trade manually with my set up indicator over 2 years, they are crossing EMA too, but with any condition.

Here is my set up Indicator.

EMA : 5 , 18 , 35 (All in close)
RSI : 8
Slow Stoch : 15 , 5 , 5 (exponential)

Entry Market ( Buy/Sell) when all EMA (5 , 18 , 35 ) are crossing with conditon
- Buy if RSI > 50 , Slow Sochastic >40 in Time Frame 15 mnt n 1 Hour
- Sell If RSI < 50 , Slow Stoch < 60
- Stop Loss 35 pips (at above or below EMA crossing point in TF 15 mnt)
- Target Profit 120 pips
- Traling Stop 30 pips ( with progress get in after price moving 45 pips, then increasing 5 pips each time 15 pips price movement)
- order 1 lot

I really appreciate for you to help me,

Thanks in advanced
God Bless U
4xtrader

Originally Posted by leutzuro

Please try to post some chart how you trade this system.
Best regard

Originally Posted by 4xtrader

Well my friend, here is H1 charts
EMA 5 : RED
EMA 18 : BLACK
EMA 35 : BLUE

we can see on GBP/USD chart,

we entry sell ( A ) EMA 5 n 18 cross then 35, look at RSI n STOCH signals have confirmed

at B, even EMA 5 n 18 crossed, but price still below EMA 35 , it meant price in down trend.( I did't BUY )

at C, price in sideways but still below EMA 35 , that indicated price still in downward
before NFP news announced we already known price still in downward condition, after that all signals confirmed ( I put SELL Stop order at 1.7340 n TP 1.7260 , 5 minute before NFP news, price at 1.7355)

Originally Posted by phildunn

How about 15 min chart? Don't u look for entry at 15 min chart? Thanks.

Originally Posted by 4xtrader

Of corse, I split my windows into 15 min n H1

The picture that showed above, just for Illustrating

Originally Posted by phildunn

The indicators condition of 15 min also must same with 1H,isn't it?

By the way,u don't use any indicators for exit?