Complex trading system #2 (“2-Cross”)
Submitted by Edward Revy on April 19, 2007 - 16:34.
Currency: GBP/USD (preferred) or any other.
Time frame: 3 hours (preferred) or 4 hours.
Indicators:
SMA 200, SMA 100 – these are two influential SMAs; you will find price “obeying” their boundaries.
SMA 15
EMA 5
MACD (12, 26, 9)
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My email is
Regards,
Edward
hi edward
tnx for email
waiting u on google talk
My MACD does not have the 2 moving avg on it like you have, any ideas, I am running MT4.
Try this one:
Good_Macd.mq4
Dear Edward, may we completely ignore pivot points if for example valid long entry point is say within 5 pips of a resistance point that has held all day? THank you!
Alex Liu
Absolutely!
Regards,
Edward
Hi Edward,
Thanks so much for all the great info. I was wondering about the stop loss on this strategy. I'm using MT demo and have it on 4 hours (no 3 available). I'd normally use 30 pips away from entry. Any suggestions?
Again, thanks for the site!
Steve
Edward,
Just seen it - 50 pips. Sorry.
Steve
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