Forex trading strategy #9 (Teodosi's Moving Averages tunnel)

You should only open a position, when the red tunnel is extremely narrow or crossed !
Always close your position when boundaries of the red tunnel cross eachother
or when they become so narrow that they are one! This is a clear sign of a trend reversal.
These things look controversial..
Any suggestions..

where to find WMA in moving average with MT4..
Thanks...

with this system i follow the trend on the daily and 4hr charts on nzd/usd then i use bollinger bands with this system on the 1hr charts and only buy or sell when price goes outside the bollinger bands and when i have the news on my side http://www.oilngold.com/

without the image, I still think yo should exit when 5 WMA crosses 21 WMA, because the momentum shits at that point.

Thomas

Hi there,

would you mind to upload an image again and include a link to the file into your comment? Thank you.

Thomas

Hello
First of all I would like to thank forex-strategies-revealed.com for the great work! I found that system and I really like it because it is simple and profitable. I'm still using it on a demo account and i'm a little confused about a situation I found myself in today. I'm uploading an image so you understand me better. Teodosi says that the exit signal is when the red tunnel narrows but on the picture that is posted here says that you have to exit when 5 WMA cross downwards the 12 WMA and we see that the tunnel has just began narrowing. My question is should I exit position when the 5 WMA crossed the 12 WMA or should I wait for the tunnel lines to get close to each other?
PS looking at the pictures below what should i've done in this situation according to you? I was almost -300 when closed the position because I wasn't sure if it is going up again.
thanks

Rebecca,

what are the pairs you are using that give you best result?
Do you have preferred time of the day, and the day you don't make trading is Friday?

Thanks

Maria

With moving averages it is impossible to figure out profit/loss chances upfront.
I see the way to manage it by placing 2 orders, where one will be closed in +7 or 10 pips (offsetting some risks) and another only when exit signal is given. Stop loss is set using Parabolic SAR and then trailed.

Andrew

Hi anyone,

what sort of money management can you recommend for this method of trading?

thanks.

Sam.

this system works well on 1 hr charts when you trade the the trend of a lager time frame (4hr,daily)

Tried it recently.
The indicator runs well. Easy to interpret. Could be definitely of some help to trades who use moving averages and just for trend identification purposes.
Thank you, Panavacci. Well done!

Regards,
Edward

Thanks a lot, Panavacci

I highly appreciate your contribution.
I'll check the indicator next week and provide my feedback.

To Rebecca: all links to the files are fine. Please feel free to use our contact form if you still have a problem downloading them, and we'll send you the missing files.

Regards,
Edward

Hi Panavacci-I could not download the mq4 system. Could you check it out and resubmit? Thanks for doing this, it will be very helpful. Rebecca

Hello Great Edward & Great Tediosi,
I really thank Mr. Tediosi for sharing his ssytem. May the good Lord bless you.
Mr. Edward, thank you very much as well. I sincerely hope i could discover a system
and share it just like you great people. But the least i could do is to program this
system into an indicator. Also, I have included a template with the indicator including
all the moving averages, rsi as well as fractals. I would be very happy if people could benefit
from this indicator and template.

Teodosi_4_movinq_averages_system.ex4 (4.06 KB)
Teodosi_4_movinq_averages_system.mq4 (5.12 KB)
Teodosi_4_moving_averages_template.zip (1.94 KB) - template
Please if anyone here also know any system that is powerful and programable, do not hessitate to
contact me on charlesadejumo(at)yahoo.com.
Sincerely yours,
panavacci.

I love this trading system! My goal is to average $500 per day, 4 days a week. I have spent a ton of money on different courses and systems, but nothing has worked half as well as this system.

I scan for set-ups at the top of the hour and enter on the next candle (H1) only if blue MA is above (or below depending on direction) Yellow MA and RSI is above or below 50, depending on direction. I set a 20 pip take pofit. I do not use a stop unless I have to leave my screen for any length of time. I trade from 1-3 pairs but never more. Quite often, all three pairs will hit T/P and I will be up $600. Then I stop trading for the session. Is anyone else making money from this system? Thank you Teodosi!

Rebecca