Simple 15 min system - Page 2

image3022 · #11 (**permalink**) 06-22-2006, 10:22 AM

Hi quickturtle

I have made a few changes since my last post; I now use the 5min chart with the following indicators.

50 EMA
StepstochMA
Xo indicator and the XO combined indicator
And also the OsMA2 indicator

Sell trade for example, when price drops below the 50 EMA and the next bar opens below the 50 EMA.
StepStoch yellow line below the blue line.
The XO indicator and the combined XO has turned to red with the OsMA2 below zero.
When these conditions have been met I will enter a trade.

To exit I use this method: I trade using three lots. When I place a trade I set my stop loss at 10 pips.
I exit one lot at 10 pip gain and move my stoploss to breakeven.
I exit another lot at the next 10 pip gain and I allow the remaining lot to run moving my stop loss so it is 20 pips behind the price in 10 pip intervals. I exit completely when the price falls back to hit my stop.

Using this method I can pull out at least 20 pips a day and on good days 50 to 60 pips.

I am still demoing this system and will see how it performs over the next few months before going live.

Cheers Mark

skywalker99 · #12 (**permalink**) 03-04-2008, 02:47 PM

hi image3022,
how this system work?i not very know about this.cause i new for forex..

so this indicator use for what pair is most useful?i really need a system cause i lose many money in forex..cause the system i use cant make money!!

so sad!!
so hope hear from you soon!!thanks..!!!

prasxz · #13 (**permalink**) 03-04-2008, 11:54 PM

Quote:

Originally Posted by skywalker99

hi image3022,
how this system work?i not very know about this.cause i new for forex..

so this indicator use for what pair is most useful?i really need a system cause i lose many money in forex..cause the system i use cant make money!!

so sad!!
so hope hear from you soon!!thanks..!!!

hi I'm afraid there's no reply from image3022 ...this thread was jumping 2 years forward ...You can find many forex system in this forum research it first before you're going to use it ...for this thread you can find nina system

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Forex Indicators Collection

GeneralDinamic · #14 (**permalink**) 03-14-2008, 12:36 PM

Hello ND,

After checking 30 minutes TF I would have to agree with you. BTW is it possible to buy the EA from you.

Thanks
GD

Quote:

Originally Posted by newdigital

It may be good idea.
Two month ago I created EA with 55 ema crossing 200 ema filtering by Stochastic, 2 Parabolic SAR indicators and I_XO_A_H with different settings. It works now. But for M30 timeframe only.

I am not sure about super_signal but you idea for M15 timeframe may be good.

newdigital · #15 (**permalink**) 03-14-2008, 06:11 PM

Quote:

Originally Posted by GeneralDinamic

Hello ND,

After checking 30 minutes TF I would have to agree with you. BTW is it possible to buy the EA from you.

Thanks
GD

From me?
I am postng everything to the public sections or to elite sections.
I have nothing to sell sorry: many coders are coding and I am testing ... I am acting as traffic control

And most of the cases I am posting in the same way as other members ...
If I want to learn something so how I can be a boss?
That's impossible.

Same with everybody, otherwise I will be out of everything ...

By the way, EA was posted on that thread.