Complex trading system #2 (“2-Cross”)

I thing better used the basic of this method, is good enough,

For me the problem is which better we use H3 or H4 ?

Here's the look for H3 Oanda :

& H4 for Metatrder.4 (Alpari Broker) :

Regards

Manus168

Hi Manus168,

If you have an option to choose between 3 hour and 4 hour charts, I'd switch in favor of 4 hour.
4 hour time frame is the one that is commonly used among traders. It is somewhat a standard - a time frame which is present on majority of trading platforms; whereas 3 hour time frame is more of an "invention/option" offered by Oanda, it is rarely used in Forex.

Regards,
Edward

Hello Edward:

Should a buy order be made only when the EMA 5 has crossed the SMA 15 and both are above the 100 and 200 SMAs and the MACD lines have also crossed?
On a lot of charts, the buy signal is shown when the MACD lines have crossed and the the EMA 5 has crossed the SMA 15, but the 100 and 200 SMA are above these other two moving averages, EMA 5 and SMA 15.

For a valid entry, 5 and 15 Moving Averages do not have to be both above or below 100 or 200 MAs.

100 and 200 MAs are used for:
a) identifying times when we will not open trades - this is when price is less than 25 pips away from either one of the MAs.
b) initiating a trade, when price has recently crossed 100 or 200 MA.

Regards,
Edward

Thank You Very2 much Edward;

Kind Regards;

Manus168

Can i trade this System at EUR/JPY or EUR/USD too ?

Regards;

Manus168

Absolutely.

Also USDJPY pair.

Regards,
Edward

thnx edward too much
its simple and genius
i started using it now
please please send me ur mail
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