nanningbob » Mon Oct 13, 2014 2:44 pm wrote:I took this trade during the USA session EUR/NZD. gbp/usd and eur/usd still open but not going anywhere.

nanningbob » Mon Oct 13, 2014 4:01 pm wrote:OK the final version is posted page 1 post 1. These settings and adjustments were made. Screen should look like this. You can adjust the screen to what every colors you wish.

nanningbob » Mon Oct 13, 2014 10:44 pm wrote:I took this trade during the USA session EUR/NZD. gbp/usd and eur/usd still open but not going anywhere.

Also NZD/JPY

rivelrivella » Tue Oct 14, 2014 6:36 am wrote:

nanningbob » Mon Oct 13, 2014 4:01 pm wrote:OK the final version is posted page 1 post 1. These settings and adjustments were made. Screen should look like this. You can adjust the screen to what every colors you wish.

Hi Bob,

May be I have some suggestions about LWMA240, as I have for longtime this idea when Price Action is crossing LWMA240.

What If you could make relations between the direction of the arrows and the position of the Daily and Monthly Stochastics which could filter them.

So if the Red Line Stoch is at 0 Level , all Down arrows are validated,
if Red Line Stoch is at 100 Level , all Up arrows are validated.

I have another suggestion, What if we could make a pyramidal trading with 3 level of crosses.

Please understand me: We are using here LWMA 240 as main guide, then TMA line and then LSMA (5 or 8 periods)

1) You observed when LWMA 240 is crossed, we have a long/short move which could go (in trendy markets) far away and generate a lot of pips. (The trick here is how to detect the reversal of the move or when it begins to fade). We could think about where we could consider the end of the move.

Look at my chart: I represent LWMA 240 in Blue/Yellow/Orange (Blue Portion when LWMA Slope Up, Yellow : Flat, orange : Down Slope).
So imagine now we make a cross between LSMA and LWMA 240, because LSMA is the most close Moving Average that stick to the candle and Price Action.

==> This cross is represented by the thick Arrow (our Main signals)



2) Now if you could add to these main signals another crossings which again will put LSMA with TMA Line
I found some months ago, the Moving Average: LSMA 5 or 8 periods..

On my charts it has also 3 colors: to depict Up/flat/Down slope LSMA.

Notice that this wave accompagny too closely most candles

Now if we make a cross between LSMA (5 periods or 8 periods) and the TMA Line we will obtain at each cross a signal which is in the same direction of the move. Again we could filter these by the direction of STOch Daily/Monthly
These crosses are represented by the thin arrows. In big waves this could add a pyramidal trades added to the first crosses (LSMA & LWMA 240)

3) The Third signals (crosses) will try to detect the bottom / Top of each wave. That could be detected by the crosses between 2 EMA Moving Average (One Fast / One Slow ) as 2 vs 6 or 2 vs 5

With this strategy we could do a 3 levels trading pyramid strategy. The filtering direction could be STO 221.
Look at my chart here posted to illustrate this concept.
I added manually the orange arrows because I didn't attach the "fast slow EMA cross indicator".
But the potential of this strategy is really huge

Please notice that LWMA 240 is slowing down when TMA line begin to decrease and begin to change from Green to Red