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| 2 Channels MST System https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=4779 |
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| Author: | jasonckb [ Sat Jun 25, 2016 3:04 pm ] |
| Post subject: | 2 Channels MST System |
Hi All, This is the system that I currently trade for live and still refining and looking forward any good idea to improve it. I mainly trade H1 or H4 2 channels: 1. 10 period EMA (high and low - yellow) 2. Blue Red Channel (180 period for H1 and 45 period for H4) M: MACD 12,26,9 S: Stochastic 8,3,3 T: Traders Dynamic Index Buy Rules: a. When channel 1 under channel 2 Buy when 1) price close above 10 EMA channel top; 2) MACD bars green(main above signal); 3) Stochastic main above signal; 4) TDI green above red b. When channel 1 above channel 2 Buy when either 3 of the criteria met Sell Rules: a. When channel 1 above channel 2 Sell when 1) price close below 10 EMA channel bottom; 2) MACD bars red(main below signal); 3) Stochastic main below signal; 4) TDI green below red b. Sell channel 1 below channel 2 Sell when either 3 of the criteria met |
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| Author: | jasonckb [ Fri Jul 01, 2016 3:59 am ] |
| Post subject: | 2 Channels MST System |
Real time trade 5 mins ago..... D1 price action outside Channel 1 and 2, bearish H4 price action inside short channel, flat H1 price action inside short channel, flat M15, triggering short signal and not clash with the main trend as shown by H1,H4 and D1 ---> Short |
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| Author: | jasonckb [ Fri Jul 01, 2016 5:14 am ] |
| Post subject: | 2 Channels MST System |
Waiting H1 to have short signal to add more to the current position. |
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| Author: | jasonckb [ Fri Jul 01, 2016 6:19 am ] |
| Post subject: | 2 Channels MST System |
The sell signal in H1 is intact, however it go too fast and limit sell cannot be made in adding stack..... |
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| Author: | jasonckb [ Fri Jul 01, 2016 6:44 am ] |
| Post subject: | 2 Channels MST System |
Sell limit filled and let the APTM to control my orders. time to go to driving range to practice golf. |
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| Author: | jasonckb [ Sat Jul 09, 2016 1:42 pm ] |
| Post subject: | 2 Channels MST System |
I am now setting up an excel to track the signals, they are the time frame signal (related to the specified time frame) and also Rating signal which is the main signal after considering the 4 time frame parameters and triggered by M15 time frame signal and the "consolidated" rating in 4 TFs is larger than zero for long and below zero for short. Price actin has double weigh in the rating system. |
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| Author: | woodlands [ Wed Jul 13, 2016 5:39 pm ] |
| Post subject: | 2 Channels MST System |
Dear Jason, Thank you for posting this and the indicators, I have traded it for around a week with a 2 to1 RR ratio and find it very simple and successful, so far. I have only used it on a single H1 chart without your timeframes comparison but would be very interested how you have set up the excel (?) is this manually entered from each TF? I am surprised not to see more posts here. Regards, Tony |
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| Author: | jasonckb [ Wed Jul 13, 2016 11:18 pm ] |
| Post subject: | 2 Channels MST System |
Hi Tony, I use MexcelTrader to download data from Empty4 to excel and calculate all the indicator readings and use formula to create the dashboard. Jason |
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| Author: | dylanwee [ Thu Jul 14, 2016 3:53 am ] |
| Post subject: | 2 Channels MST System |
interesting system. Can you show us how to use the excel sheet to do the calculation by importing data from Empty4. |
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| Author: | jasonckb [ Thu Jul 14, 2016 5:08 am ] |
| Post subject: | 2 Channels MST System |
I just bought Mexceltrader in the net and it can download data into excel and I just use simple if then logic to define buy sell signal. |
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