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A new trading system

Posted By Doc Tuesday, May 11, 2010
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A new trading system

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Doc
Posted Tuesday, May 11, 2010
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Last Active: Tuesday, December 21, 2010
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OK Programers, a friend of mine using mt4 said he gets great results using this. but has no idea how to write it for actfx.
someone help me out. he said he usualy makes one trade a day and brings good pips.

MACD, Stochastic and RSI in 1H, 4H and 1D chart. If all signal in every chart show same signal that can verify and you can open your order with confidencially...after that wait for profits.


Indicator
1. Exponential moving average 50
2. MACD (8 15 9
3. RSI (14)
4. Stochastic Oscilator ( 10 5 5)
5. Daily Pivot Point

Trading rules Rules for Long trades
1 The price should be above the 50 EMA
2 MACD histogram should be above zero level
3 RSI should be above 50 line
4 Stoch should be above 50 line
5 Entry is above support line or a broken resistance line
6 Stop loss is below the closest/next support line
7 Target is at nearest resistance line.

Rules for short trades
1 The price should be below the 50 EMA
2 MACD histogram should be below the zero line
3 RSI should be below 50 line
4 Stoch should be below 50 line
5 Entry is below resistance or a broken support line
6 Stop loss is above the closest/next resistance line
7 Target is the nearest support line



I am one of the Few, The Proud, That earned the Title, "Doc."
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timbo813
Posted Tuesday, May 11, 2010
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Last Active: Thursday, August 25, 2011
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Hi Doc

Your post Hang Seng Multistochastic disappear,... I posted a reply yesterday and Gregor Anton too but can't find it this morning

Best regards//

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Admin
Posted Thursday, May 13, 2010
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Last Active: 16 minutes ago
Posts: 266, Visits: 1,336
Dear Forum Users,

We will investigate the issue and try to restore the disappeared posts

-ACTFX© Forum Administrator

Best regards

-ACTFX© Forum Administrator
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