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  #1 (permalink)  
Old 01-26-2009, 12:57 PM
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zeeshanfkhan is on a distinguished road
Smile Trend system

HI,
i learnt a lot from forextsd so i thought that i would share my system.

indicators:
13 , 34 emas closed
macd 3,6,3


rules:

enter long when 13 crosses 34 ema upward.
exit when macd 3,6,3 goes negative.
vice versa for short.

stoploss last pivot or last low.


please suggest me a better exit strategy if this is not good.
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  #2 (permalink)  
Old 01-26-2009, 04:06 PM
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ServerUang is on a distinguished road
Please more specific, what time frame etc. And your chart please ...
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  #3 (permalink)  
Old 01-27-2009, 03:43 AM
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Trend system

Time frame could be any from m15 to daily,
but lower the timeframe the more wipsaws you get.
i am also attaching the chart.
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File Type: gif chart.gif (47.0 KB, 477 views)
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Old 01-27-2009, 07:22 PM
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Fx Referee is on a distinguished road
Nice

Quote:
Originally Posted by zeeshanfkhan View Post
HI,
i learnt a lot from forextsd so i thought that i would share my system.

indicators:
13 , 34 emas closed
macd 3,6,3


rules:

enter long when 13 crosses 34 ema upward.
exit when macd 3,6,3 goes negative.
vice versa for short.

stoploss last pivot or last low.


please suggest me a better exit strategy if this is not good.

Can you post a chart that indicate the whipsaw part of this system because for every systems has it own default, and if i wants to learn any system i started with the default part (whipsaw) side of the system.
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  #5 (permalink)  
Old 01-28-2009, 09:25 AM
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zeeshanfkhan is on a distinguished road
Question Whipsaws

As i have given you the indicators i use.
i think you could check it for yourself where the whipsaws have occured on the charting software you using.


BUT ANYWAYZ I AM POSTING THE CHART!!!!

no system is a holygrail.
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File Type: gif whipsaws.gif (34.7 KB, 345 views)
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  #6 (permalink)  
Old 01-28-2009, 12:40 PM
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Exit

See this system is good as far as i have seen.
but i am only worried about the exit.
sometimes the trade goes 100 pips in favour and i have to exit with only 10 pips or a small loss.

SO I WANT SOMEONE TO ADVICE ME A PROFITABLE EXIT.
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Old 01-28-2009, 12:55 PM
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the exit

my suggestion for exit, i just lock the profit with follow the valor of 34 EMA.
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