13th February, 09
LONG GbpUsd @ 1.4527
SL=1.4497, TP=1.4597
Hello all. Please I will like someone out there to help me produce a Expert Advisor with these abilities:
1. Transfer STOP LOSS of ALL open orders to BE 5 @ 30pips profit.
2. Once @ BE 5, move STOP LOSS by 5pips @ every 5pips gain
(not @ every tick gain).
3. Audio alarm @ BE 5.
Any help on this will be greatly appreciated.
thanks.
Now, 16th February,09
Long [email protected]
SL=1.1640 TP=1.1750.
Note: Stop loss continues to be change to 40pips
starting now. Thank you.
Extended [email protected]Originally Posted by ;
SL=1.1640 TP=1.1750.
-40
LONG on EurJPY @ 116.74
SL=116.34, TP=117.44.
LONG EurUsd @ 1.2629
SL=1.2889, TP=1.2699.
Hi everybody. Sorry for the extended silence. Ihave decided to change my methods to match my trading style improved. This thread is supposed to be under the TRADING SYSTEMS thread but I want for this to be here so it is going to serve as my diary. Thank you.
The following are the tools I use in this new fashion.
INDICATORS
50 and 200 EMA apply to close.
MACD 5,13,1
ADX 14 with a 25point degree.
TIME FRAME AND CCY
5MINUTES and 1HOUR CHARTS ONLY.
EurUsd for now.
ENTRY RULES
FOR LONGS:
Wait for MACD to be positve and ADX 14 ( DI) to be above the 25 point amount on the 1HR CHART.
Switch into the 5MIN CHART to Search for a good entry point. Make sure ADX 14 on the 5mins chart is also above the 25 point amount, the move long.
FOR SHORTS:
Wait for MACD to become unwanted and ADX 14 (-DI) to be above the 25 point amount on the 1HR CHART.
Switch into the 5MIN CHART to Search for a good entry point. Make sure ADX 14 on the 5mins chart is also above the 25 point amount, the move short.
STOPS and TAKE PROFIT:
Use the value of this 50 EMA as you stoploss. If its not up to 15pips, then use a 15pips stoploss.
Your take profit is 2x STOPLOSS.
I am hoping to post my transactions as soon as I take them.
Appreciate!