Hi, RadicalMoses

I really Apreciate your Idea of Manual Back Test and as per the post # 12 by BurnoFX its 50 EMA and secondly pls make sure before testing that,
will it be worth backtesting? because i just seen that at 8:30 EST
GBP/USD was showing buy Signal, (I mean matching all critearea) ind inverse was above zero and when the bar closed it was below 0.

Appologize for bad english but i beleive you will understand what i mean.

Regards

Kazim

Whazz up mate ,what do you dont understand ?
I talk a bout ema 50 , It look like it aint gota good rule of ext or kinda shaky in the entry too seens the first post of ema 50. Make it straigh of those guys playing with ma before and they are sucxesfull trader in fx market.You wanna know is it possible to be profitable of ema 50 as a trading strategy , I recall I did say its possible and you are saying ranging market I say I have try it ,it work but not recomended !What about in the long run is it profitable ,I say the ma is always there what the diff it make now and so on. I did says it is not a system yet until some one come out with a better enter and xit strategy. I personaly dont trade these strategy nomore and I dont realy following the ema 50 from it start ,I just jump in to see can I make my self use full to the community .If you look good at the first time I joint in to Bruno threads ,and all the mambo jumbo that I talk a bout you will get some idea . IF you cant pardon me ,I have to go back to shcooll now.

Hi legitonbeaty,

Its EMA 50 as per the post # 12 by BurnoFX and i am trying to attach the file but its doing some problem.

Kazim

I will spend some time backtesting this. What I believe IMHO is tha the EMA on the INV ind hardly matters. Its just too lagging to be of any use. All that matters is its above or below zero+ Fisher green/red and stochs indicating long/short. When all are in sync, its a trade.

Today there was a trade on gbp which I got thrown off track..( I will explain)
The Inv Ind was hovering close to zero, a green candle on 30TF, fisher green and stochs just turned up. I thought great and bought at 1.7807. Few minutes later...prices go down below 800level and stochs+INV ind go back below zero. So I bailed out.
Finally it went back up again for 15pips.

These are the kinda stuff that you cannot prepare for and backtest wont allow for it. They are indicators and lagging,,simply that.

So the question remains ..what additional value do these indicators provide to the conventional indicators?

Price bouce from the zone at 7814 around 4;15 am just now so we all still in the bear trend and seens yesterday gbp 7853 in the mid usa market there is a mid sup at 7747 mid res at 7777 now gbp 7769 .

hi
i've to thank all of you for sharing your knoledge.
i've a question, should i open position on open candle/Bar after i get signal or i should wait for the new candle/bar then open position?

close the last pos at 7816 8;30

By the book all indi in the same trend and price wait for the new bar and you dont have to as long as all indi in the same direction by brunofx,
. Read the bar formation . and dont for get all s&r, fib,pivot or some time the price will go agains the entry , cheers

Hi freinds
Could we use Aroon indicator for find exit price? see this chart please.
Did I find entry price correctly?
Thank you for your attention and your help

Attached Images

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Hello kumawat,

Please begin a new message on the forum and do not disturb this message. Newdigital, can you move these messages. Thank you