Showing posts with label Forex Indicator. Show all posts
Showing posts with label Forex Indicator. Show all posts

Monday, 3 September 2012

Forex Simple Strategy


 Simple Strategy from " Bella " System
1. Open a 30 min chart EUR/USD. Insert RSI (14), Stochastic Oscillator (14,3,3) and
EMAS 5 and 13.
2. We have to watch for a divergence between the price and the RSI or the Stochastic.
This is very important, because sometimes we don�t see a divergence between the price
and the RSI, but the Stochastic show divergence compare to the price, and viceversa.
3. Once we saw the divergence we have to wait for the cross of the EMAS to go long or
short.
4. I prefer to open the position with 2 lots and close half the position with 20-30 pips of
profit, and move my sl to breakeven with the other lot, in case that the market begin to
trend, we can win more pips, and if the price begin to go against you, you keep the 20-30
of the other lot.
5. Always put sl of 20-25. This strategy presents like 10-12 oportunities in a month and it
is 90 % accurate.
6. Avoid to use this strategy when is big news day.
7. In the 15 min chart I had some bad signals and in the one hour chart we enter late to
the party of pips. This system can work for the GBP/USD too, but your stop have to be
like 30-40 pips.


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Thursday, 9 August 2012

Forex Indicator MACD 3-5-3

DearTrader
I�m going to reveal to you how to super-charge your indicators today...
You�re going get a complete, step-by-step guide on how to �hack� your indicators to:
-              Remove �lagging�
-              Find pin-point, laser-targeted entries
-              Boost your trading confidence
Not only that...
But this is something you will be learning (and trading) in less than ten minutes!
(I promise not to give you any �fluff� or �filler� and to keep this as short as I can)

Here�s Where Many Traders Go Wrong With Their Indicators...
Traders will use, say, a 10-period moving average and a 20-period moving average.
They will then wait for this 10MA to cross up above the 20MA � then BUY.
The problem with this is that price can already have made a significant move � like this:

In the chart above then you can see that price has already made a 34-pip move before the MAs have even crossed!
That�s no use to you is it? No. I didn�t think so.
Here�s the deal...
There are many things I can show you, but...
I�m Going To Show You The Simplest Way To �Hack� Your Indicators...
Here�s how it works...
I�m going to show you how to use the MACD indicator as an incredible �trigger� to entering trades.
You will be entering trades at the absolute lowest risk-point - in other words...
You Have A Very Small Stoploss!
The key to using the MACD in this way is forgetting the �Default Settings� of 12, 26 and 9.
We�re interested in bringing that right down to something like 2,6,2 or 3,5,3.
These numbers allow us to �super-charge� the MACD indicator so that it reacts quicker to the market that it would otherwise!
What we�re doing is riding-the-momentum of the market and using the MACD to �slingshot� us into a high-momentum trade.
Not only that... but we�re getting in with a very small stoploss too.
Let� say we�re using the MACD with 3,5,3 settings - take a look at this chart...
The easiest way to use the 3,5,3 settings for a BUY trade is to wait for the MACD to drop below 0.0 and then rise above it � like this:


This is an example from a couple of days ago - and it�s a good one!
But, you�re smart enough to understand that not every trading day is going to be this good, right? Good.
(A SELL trade would require the MACD to rise above 0.0 and then fall below)
Remember...
I recommend you use a little trial-and-error, and experimenting with the MACD and the lower-number settings.

--------- by sbudij -------- honest pip -----------




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Wednesday, 1 August 2012

ZULUTRADE Best TOP 10 Signal Provider

There is something special I wanted to tell you about the Zulutrade Signal Provider
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Friday, 1 June 2012

Simple Forex Strategy


Dear Traders. I found another very simple but very powerful system in my
Free Forex Systems library. It�s a free system and available for free on some
free Forex websites in different variations. I like it and I thought you may be
interested to try it.
Description:
Simple Strategy. Using Slow MACD Indicator & Fast Stochastic.
This strategy is very simple and successful but will not get you in at the
beginning of the move or exit at the end but will give a high success rate.
Setup:
Timeframe: Any
Currency:Any
MACD: 21 55 8
Stochastic: 8 3 5
How it works:
When the MACD Line and Signal Line cross, wait for the Stochastic to cross in
the same direction!! (Don`t trade if Stochastic in overbought/oversold
zones)If you are an agressive trader you can enter when the MACD and
Stochastic cross at the same time, otherwise once the MACD has crossed, wait
for the Stochastic to cross before entering. (The MACD must cross first)
Exit the trade when the MACD lines cross back.


 1 � MACD signal line cross 2 - Stoch crossed in the SAME direction 3 �
ENTRY POINT ( long in this case) 4 � Recommended Stop loss 3 pips below
the nearest (in this case) support level
Stop loss: Place a stop loss Recommended Stop loss 3 pips below for LONG
entries or 3 pips above for SHORT entries the nearest support (for LONG) or
resistance (for SHORT) levels


 source  fr Karl Dtm     by : sbudij

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Thursday, 17 May 2012

Forex TRAPPING Strategy



This method is basically to do with what a pair moved like the previous 24 hour period.
In this, I will use the GBPJPY, but one could use it on any pair.

Method/Strategy:
You choose your own 24 hour period move - here as an example I will be using 21:00 to 21:00 GMT+1 (my local time).
Mark the High, Low and Close for selected 24 hours.

For example, the GBPJPY for the last 24 hours was: H 138.67 L136.00 and C 138.13
Now total movement was (high-low) 267 pips.

You set your Buy and Sell orders 25% of the 267 total move away from the Close price. Therefore, 25% of 267 pips is 67 pips, thus your orders would be:
BUY at 138.80 (Close + 67 pips)
SELL at 137.46 (Close - 67 pips)
Set your TP also only to 25% of the previous days move - in this case also 67 pips. In theory, if the chosen pair then move only 50% of the previous days total move, you profit ...
Set your SL levels 10 pips away from the opposite order.

Depending on what time zone you are in, I would suggest setting your orders before "your" market opens ... in my case it would be the London Market at 08:00 GMT.


source fr other fx blog's


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Saturday, 17 September 2011

Trend Finder Indicator

Spikes Trend Finder

I want to share a new system that I've been using.
It's very simple, Still room for improvements. Or eventually,
to semi-automate it. And send an email alert to my phone,
When conditions are right.

Well lets get to it.

1. You use the Day, 4h, 1h, Charts
2. Always trade with the trend
3. Always set SL, And TSL.
(EURUSD,EURJPY,GBPUSD,AND GBPJPY = 100/100)
(All others = 50/50)

You start with 2 MA's, An 18 smoothed open, With a 14 smoothed closed
These are to verify over all trend

Next, You will have 3 sets of RSI's on the bottom.

First set : 2 RSI's , An 88 period open, And a 56 period closed, No set min or max

Second set : 2 RSI's , An 88 period closed, And a 56 period open, No set min or max

Third set
: 2 RSI's , An 2 period open, And a 2 period closed, set 0 min and 100
max With 20,80 lines, Or 10,90 lines, Your chose



In a downward trend,
You wait until price hits, or passes the first MA,
On the 1h chart,Before you ever look for a reversal.
Of coarse, The closer to the average you can get on
the day chart, the better.

First, Look at the MA's, And make sure they are
staying parallel, Or expanding

Next, You look for a cross, On all 3 RSI indicators at the bottom

Then I place my trade with SL, And TSL.
I don't use a TP, But a TSL instead.
I'm a big fan of set it, and forget it trading

You would just reverse this for an upward trend.

---- sbudij by Spike fx factory ------

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Monday, 22 August 2011

Forex Trading Indicators

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Sunday, 10 April 2011

Forex Trend Following Strategies

FX5 Forex Trading Strategy
FX5 forex trading strategy is a simple and effective trend following method for any major exchange rate. I hope you can adapt this strategy to suit your trading style.
Strategy Description: An intra day forex trend following trading method, using the
following technical indicators:
� 10 period WMA (Weighted Moving Average)
� 20 period SMA (Simple Moving Average)
� Slow Stochastic (10,6,6 (exponential))
� RSI (28)
� MACD (24/52/18 (exponential))

Forex Trading Rules:
1) Only take trades between 8AM-12PM EST and/or 2AM-4AM EST.
2) BUY the exchange rate when the 10 WMA crosses up past the 20 SMA and the Stochastic is signaling up (fast line above the slow line), RSI > 50 and the MACD histogram >0 and MACD averages crossed up.
3) SELL the exchange rate when the 10 WMA crosses down past the 20 SMA and the Stochastic is signaling down (fast line below slow line), RSI<50 and the MACD histogram <0 and MACD averages crossed down. 4) Try and take profits at or near key levels: Try and take profits at exchange rates ending with 00, 20, 50, 80 e.g. EUR/USD 1.1980 5) Stop-Loss Level: discretionary or below/above most recent level of support and resistance.

----- by Erol Bortucene -------
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Thursday, 3 March 2011

YoutradeFX - Futures Broker

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YouTradeFX has developed automated trading tools (expert advisors, custom indicators and scripts) that require minimal intervention and allow traders to automate their trading strategy, improve discipline, remove emotion, and capture opportunities. Traders can choose from over 20 predefined trading strategies to create custom portfolios and automatically execute trades according to their specifications.
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---- YTFX === by ; sbudij -----
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Thursday, 13 January 2011

ZULUTRADE News Update

I . ZULUTRADE Signal Provider Performance
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see..MARCH 2011...update�ZULUTRADE Signal Providers Performance... Click here

II . ZuluTrade just released a new version of website content with somecool New Features

1 . New ZuluTrade Desktop Widget!
ZuluTrade release the ZuluTrade Desktop Widget! View your account details in real-time without the need to be logged in to zulutrade.com!
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-View your account equity and profit/loss
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-View your selected Signal Provider's performance charts
-Switch between your accounts

Mouse over the ZuluTrade widget for controls. Use left/right button for previous/next provider. Up/Down button changes between screens.
Visit www.zulutrade.com/?widget to download

2 . Provider Alerts: ZuluTrade created an automated system that detects changes in a Signal Provider's trading strategy. A warning message will be displayed in the Provider's profile page when:
Higher slippage than pips per trade is detected
Draw Down is more than 100% on Provider accounts with more than 1000 pips profit

3 . Fully Customizable Demos! By popular demand, Demos are now fully customizable. Customize your Demo account options: balance, currency and leverage

4 . Provider Notifications: ZuluTrade will send notifications to your email to inform you of certain events:
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When a Signal Provider that you follow has stopped trading his live account in ZuluTrade.
When a Signal Provider that you follow has a significant change in his/her average trade time.
You can select which notifications will be sent to you from the Profile tab in your account.

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Visit ZULUTRADE detail Information Click� USER GUIDE or FAQ

Thank you for your interest and we look forward to having you join our family of Zulu traders


--- sbudij - Karawang Forex--------

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Monday, 15 November 2010

The Donchian Bands Indicators

Forex Indicator The Donchian Bands
The Donchian Bands (or Channel), named after Richard Donchian, are bands of High and Low of price. They are very useful for projecting support and resistance levels of price and define boundaries for price action.

The Donchian Bands are calculated in a simple formulas:
Upper Band = Highest High of X periods
Lower Band = Lowest Low of X periods
X is the calculation period of the Donchian Bands.

How It Is Used
The Donchian Bands are mainly used as a breakout indicator - they define support and resistance and generate entries as price breaks these levels. Because Lows and Highs usually correlate with Support and Resistance level, this indicator is useful in objectively defining Support and Resistance levels.
However, it can also be used as a reversal signal - entering when price touches a band and reverses its direction. Before using the indicator in this fashion, confirm the validity of the psychological level by demanding at least 2 touches at the level. This ensures that the signal is strong and enhances its reliability.
Another way of trading the Donchian Band is using its Middle Band. The middle band is the average of Upper and Lower band, and can also be used to gauge trend. Entry signals are generated in the following way: When price crosses the middle band from below - buy, and when price crosses from above - sell. It can be a powerful signal when trend strength is confirmed (with Support and Resistance or indicators).



Trading with Donchian Bands
As described, there are several ways of interpreting and trading the Donchian Bands. The most commonly used is the breakout:
Long Trades - Long trades are entered when price breaks above the 20-period Upper Donchian Band. Conservative traders wait for price to close above the Donchian Upper Band to enter.
Short Trades - Short trades are entered when price breaks below the 20-period Lower Donchian Band. Conservative traders wait for price to close below the Donchian Lower Band to enter.




Download Donchian Bands for MetaTrader 4 CLICK Here...


.....Others Indicators...Click Here....


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Thursday, 11 February 2010

� Surefire � Mechanical Trading System

Hi, this is Jeff Miller from Forex Cash Evolution team.
I am about to give you a simple but powerful mechanical system �Surefire Forex Trading System�.

This mechanical system is a DAILY system.
This is how it works: You can open the chart (for any pair, you might trade as many pairs at the same time as you want). Then, you spot the signals, enter the orders, then close the charts, shut down the computer, and go to sleep. Next day, you open the charts again, check your existing orders to see how much you have made.

Let dive into it. I will make it very simple and short.

1. Download Surefire Trading System template file Click here�
2. Open a daily chart (you can trade on any pair, but major pairs are recommended)
3. Make your trades. Here is how, let me explain:
The template file is basically to set up two following indicators candlestick chart:
- RSI (8) (white color)
- EMA (8) (cyan color)

You don�t need to know what are these two indicators. Please behind them. Here is what you need to know:
1. Enter a short order when: The RSI crosses its moving
2. Enter a long order when: The RSI crosses its moving
3. Stop Loss: You should only risk 1% of your account per the high of the previous DAILY bar if you are buying, previous bar if you are selling.
4. Take Profit: Any, 30-50 pips are recommended.

Below are some examples of Selling / Buying


Selling Order
The RSI crosses its moving average from above.
BUYING order
The RSI crosses its moving average from below

Happy Trading..

Jeff Miller / Forex Cash Evolution 
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Monday, 1 February 2010

ZuluTrade - The All New Peer To Peer Autotrading Service

ZuluTrade was founded in 2006 by Leon Yohai. ZuluTrade bridged the gap between valuable information in money markets and trade execution by converting the advice of some of the most professional and talented traders globally, to a rapidly executed trade.

There was a number of challenges. The existing autotrading technology could not allow to trade multiple accounts at the same time, since scaling problems could occur at the broker's side. We had to sit down with the brokers and redesign the APIs (in some cases we have developed APIs of our own) in order to accommodate all the demand in large scale We had to develop from scratch the API for the so famous MT4 platform, since Metaquotes does not provide any API. In addition, other brokers offered non functional APIs that had to be redeveloped in order to be able to accommodate multiple accounts at the same time. The concept of Zulutrade is to offer an open environment, where traders globally could connect any trading platform and share their knowledge, plus a rebate every time someone uses their knowledge as a live trade.

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A signal provider places trades on his or her account, and all clients that have selected this provider in their account settings page receive these trades on their accounts, unless they do not have enough usable margin, or have their max open lots set to low. Signal providers provide signals for all clients who select them in their accounts settings page.
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----- by; KarawangForex ------ 
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Bollinger Bands Indicator Measure The trend Forex

Bollinger bands include the development of courses within an envelope used to both support and resistance, an indicator of trend and volatility.
The standard deviation Bollinger bands is calculated based on market volatility. More courses vary, faster bands differ.

According to John Bollinger, the only use of this system does not generate strong position and should be used with other technical indicators.

Defaults

- A simple moving average 20 days

- High Band = moving average 20 days + 2 standard deviations to 20 days of average

- Low Band = moving average 20 days - 2 standard deviations to 20 days of average
Use of Bollinger Bands

- Identify a change in trend

The price changes tend to occur after a narrowing of the bands.


Bollinger Bands

- Measure the Force of a trend

The greater the gap between the lower band and upper band, the greater the tendency is strong. Lessons emerging bands give a strong signal of continued trend.


Bollinger Bands

- Playing round trips between bands

Tapes can be used as support and resistance. After touching a band, classes tend to want to go touch the opposite band. This technique may be useful in a market without trend and when the bands are parallel.
 
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Saturday, 30 January 2010

Trend Indicator

Catch Trend If You Can With These Forex Indicators
Recognizing positive trends in any market is difficult and in the forex market, getting in or out too late could mean your entire bankroll. You do not have to be the best of the best in order to make a profit
, but you do need to get in at a low enough point and get out at a high enough point to make a profit. If you do not recognize the right forex trading signals, you will wind up getting buried and be out of the game before you ever even got your feet wet.

In this forex training on trend following forex indicators, we will start with using crossover techniques that are specifically aimed and recognizing new trends that are developing. Some of the more popular are using the MACD and moving averages.

If you are looking for an example, when the EMA (5) crosses with the EMA (20), you have the crossing of a long term trend with a short term trend that is showing a direction of profitability. You can use the same principles when looking at the MACD crossover and over time, you will learn to pick up these trends earlier and earlier leading to more opportunities for profit.

At this writing, a perfect example of this occurred. During the market today, the 4 hours chart of the GPB/USD pairing had the TRIX (15,9) moving dramatically upwards. At one point, it had actually gone up 100 points. This is a prime example of a great money making opportunity in a forex market.

Two other popular trend following free forex indicators are the ADX and Supertrend.

The Supertrend model was developed specifically for spotting trends in the forex market and is extremely effective. That should be apparent by the name! The ADX is also very popular and has led to spotting very profitable situations over the years. Noticing a crossing at the 17-23 level (we use 20) is a great indication of situation that you will want to look at. Noticing where it is crossing on the DI- and DI+ line will allow you to figure out if you should purchase or get out if you are already involved in an investment.

Learning at least one trend indicator is a necessity, but learning multiple ones can only lead to good things. Like anything else, if you have more than one successful way to read a situation, you can look for a time when all of these forex signals that the time is right to get in or out of your forex investment. If you have conflicting information, you know you should stay away and wait for a better opportunity to risk your money.

---- by; Daniel S ---------



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Tuesday, 26 January 2010

Speed Resistance Lines Indicator

Interpretation
Speed Resistance Lines are used to define price support levels. For example, if a security is in a rising trend, its price will usually stay above the 2/3 Speed Line. If prices do penetrate the 2/3 line, they will generally fall all the way to the 1/3 line before regaining support.
Speed Resistance Lines or SRL, also known as Speedlines, are tools to find possible support and resistance levels for an existing trend. SRL were developed by Edson Gould and is similar to Fibonacci Fans indicator. Speed resistance lines combine trend lines and percentage retracements to predict support/resistance levels and also measures the speed of a developing trend.

A set of Speedlines consists of three lines originated from same point at left and are extended to the right side. The first line is created by connecting a recent low to a recent high (in an uptrend) and a recent high to a recent low (in a downtrend). Now a vertical line is plotted covering the vertical difference between the low and high. The second and third lines are plotted in a way that they originate from the same point of first line origin and intersect 1/3 and 2/3 levels of the vertical line. Traders can plot more than one set of SRLs on same chart as the trend develops and new highs/lows are formed. Also many traders use 1/2 or 50% lines to find trend changes.

When the price is in somewhere between two of these lines, the upper line is considered as resistance and lower line is considered resistance. If mid line is crossed (from above/below), the new upper and lower lines become support and resistance levels. Generally if prices cross a line, they fall speedily to the next line. Sell signals are generated in an uptrend when the price cross third (lower) line from above; and buy signals are generated in an downtrend when the price cross third (upper) line from below.
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Wednesday, 20 January 2010

ZigZag Indicator ; Improve ZigZag on Parabolic

ZigZagOnParabolic MetaTrader indicator � has been designed based on the 2 standard and popular MT4 indicators � The ZigZag and the Parabolic SAR[PSAR], it tries to show a better version of the ZigZag indicator by marking the Extreme Point of the price with a little delay as compared to the original ZigZag. Standard ZigZag looks for new extreme points by searching the percentage deviation of the price from the previous extreme point[highest or lowest]. The new ZigZag does so by using a different technique and based on the PSAR indicator. It looks at the Parabolic SAR indicator. Both ZigZag and the Parabolic SAR are drawn on top of the chart. The little delay in this new ZigZag is for the better and not for the worst. For all those who used the standard zigzag, they will know how unreliable it is on that chart.

Input parameters of the indicator:

Step (default = 0.02) � standard Parabolic SAR indicator setting.
Maximum (default = 0.2) � another standard Parabolic SAR indicator setting.
ExtremumsShift (default = true) � if true then the extremes are shown at their actual places; if false then the extremes are shown at the points in time when they were detected. Useful to see the delay between the actual extremum appearance and its detection point.
History (default = 0) � the amount of bars to use for calculation of the indicator. Change only if your PC is really slow. 0 � all bars are used in the calculation.

Although the standard ZigZag indicator cannot be used to for trade entries as it is very unreliable, this new improved zigzag indicator can be used as entry or exits. Can be used to detect support and resistance levels as well.

Here is one of the simplest way we could use this indicator to identify support and resistance levels and trade them as they break. Now adding some pivots and fibos together to it could produce some great results I believe. This will be almost a pure price action based system.

Most of the bad trades will have the opportunity to close at breakeven. Now, with the added fibos etc.. or maybe overbought and oversold indicators... they may allow us to avoid some of the bad breaks, therefore avoiding to trade them.

--- by ; bossxero's FxWarrior -----
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