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hi
lets check the result for last signal
the last signal was a retrace signal and as you see its was a hard one because the price tried two time two hit our stop loss but it didnt happen!
and if you noticed about our warning area( the area that price makes its first touch with our bands) that price did touched then you should exit with that at least 30 pips of profit!
goodboy, I want to thank you again for developing this system. I want to understand your post 5 better. Are you saying that we should wait for a second bar in MACD after the cross to confirm the direction of the trend?
If I may recap your system: Long Entry: 1. White line cross the red line from down to up, 2. MACD histo is above zero line for at least 2 bars, and 3. AO is green for three bars.
Short Entry: 1. White line cross the red line from up to down, 2. MACD histo is below zero line for at least 2 bars, and 3. AO is green for three bars.
you are write but let me correct all of them again :
1- long entry :
we just need price to touch bands from down side then we will search for a long trade with these conditions :
a- cross in ma in macd window ( white line go above red line)
b- 4th green bar in ao is the entry candle
c- cross above zero in mace just for one bar
d- price should be in the entry area that showed in frist pictures
2- short entry :
same as long entry but in reverse
stop loss and exit rule :
stop : first high before the entry candle + spread + 3 pips
profit : price touch the bands or after vq alert and price reverce or second bar after ao reverse
(the best one is ao cross and second price bar)
loss provider signals :
after your stop touched you can make a double money with this
place a buy or sell stop after your entry at your stop loss price with a double lotage and the amount of profit that equalls with your stop loss.
with this kind of buy sell programs you would never lose anything in market and you would be invincible!
just try once and check the result then you would undrestand that what am i talking about!
Thanks for your system, that's very usefull for me.
Just want to ask about VQ, can we see on window? cause I see nothing.
What is the max SL? if from the last high .i.e 70 pips away should we take the trade?
what is the setting of the bands? its a warning area i can see that... but can the new candlesticks move uptrend instead of reversing down. how can u tell?