The MA (Moving Average) cannot be too hot or too cold; it needs to be just right.

[sintona]

Hi sintona,
12th March

u r right..actually i m using the same Last 1yr by the name of Sonic R (Courtesy Mr.Zabeen Thread Starter of Sonic R)..when i chk ur MA Settings..surprised same as Sonic R..MA:clapping:

But MACD Part's new to me..elaborate its rules..0 line crossover concept.

VINOD.RPS

Hi Vinod,
i checked in internet and found Sonic R system. i got information about that from some Forex sites. You are correct, they are also using 34 and 89 EMA. So i am convinced that these two are powerful EMAs.
MACD i am using normal settings just for trade confirmation. same 0 cross over.

 

[jagankris]

Hello,
I choose 34 and 89 because both are fibonacci. i analyse these two EMA quite long back and getting very good results. 62 is not part of fibonacci. Is there any logic behind the value 62?
For identifying the trend, you can use ADX. i dont think that any other better indicator for that.

Go ahead with your system/setup you are comfortable
62 is from the book http://www.robbooker.com/books/5_13_62.pdf

 

[rpsvinod]

Go ahead with your system/setup you are comfortable
62 is from the book http://www.robbooker.com/books/5_13_62.pdf

Hi jagankris,

Thanks a lot for ur stuff..'ll chk nd track..

VINOD. RPS

 

[sintona]

Go ahead with your system/setup you are comfortable
62 is from the book http://www.robbooker.com/books/5_13_62.pdf

I checked this pdf. Good strategy. If you are getting good results with 62 ema you can follow that. Make a strategy and do trade.
All the best for your trades.

 

[rpsvinod]

Hi Sintona,
Reg ur strategy for crude ...seems on 5 mnts TF (taken as per ur Chart ref)..Pls correct if i'm wrong

VINOD.RPS

 

[sintona]

yes correct.

please find the todays crude chart.

got two trades as per my system. got 20 points
1st trade was risky because 89 EMA was down singal and 34 was up.
2nd trade was purely based on signal.

 

[jagankris]

Just wanted to share the chart.
Crude at important decision point :thumb:

http://s1287.photobucket.com/user/jagankris/media/Crude_OilH4_zpswk0zwrqf.png.html

All the best guys.

Note:- I don't trade crude.

 

[rpsvinod]

yes correct.

please find the todays crude chart.

got two trades as per my system. got 20 points
1st trade was risky because 89 EMA was down singal and 34 was up.
2nd trade was purely based on signal.

U r right...But Choose low risk only..

VINOD. RPS

 

[sintona]

Just wanted to share the chart.
Crude at important decision point :thumb:

http://s1287.photobucket.com/user/jagankris/media/Crude_OilH4_zpswk0zwrqf.png.html

All the best guys.

Note:- I don't trade crude.

yes, crude is an important support. Wait and watch. i will not do any positional trade with crude. so it down or up, i dont care about that. i follow the system.

 

[arjit]

Dear RPS,which step MA indicator you are using and setting?