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#41
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There is one very important thing, that must be clear. What timezone your MT4 broker uses? In the first post that picture, in what timezone it is?
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#42
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FXDD
I checked, it seems that thier timezone is +3 hours to add London time. 4H and daily candles are different, in different timezones. |
#43
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Bern |
#44
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Good point, results on different brokers WILL vary.
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#45
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#46
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That could be a good suggestion actually. Who else agrees? |
#47
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that sounds like a great idea!
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#48
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Hi Ash, thanks for sharing with us your wonderful system.
I understand that this system is based on fxdd but after doing a visual backtest on ibfx demo (daily)and the results seems positive. i will go ahead to test it out on ibfx and post the results here. cheers |
#49
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#50
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Ok let me give it a try if possible to make a Multi-Pair Signal on H4 and D1 based on FXDD... This is not a promise bt a trial..
Will let u know SmartFX SmartKenya |
#51
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I think it's a great idea!
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#52
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Maybe because it is a counter trend trade!??
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#53
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Ash,
Having trouble loading template to Metatrader. Help! |
#54
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Hello, i'm surprised to discover that some people are still trading on the daily charts. Since when the global economic recession started, it has been very unprofitable for me. proir to then, i've been making between 100-200% profits monthly. I can show you my records....but now it's all losses. Currencies don'nt move so well on the daily for now
Daily |
#55
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Take a look at the price action. You see a loooong bottom wick. This should be a caution for us when entering a short. Because, even though the candle closed as red, the long lower wick/stick signifies there was some bullish strength. |
#56
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Cancel my last post. Had a senior moment. V2 is up and running,, thanx
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#57
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Koolstad, what error(s) are you getting?
Remember, the TPL file goes into the "Templates" folder in your broker's directory. Then restart MT4. Then on any chart, right mouse click, and load the template. |
#58
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Ok! Good to hear you're up and running!
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#59
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Yes, you're right, daily trading has definitely become more difficult. But seriously, if you were making 100% - 200% a month, then maybe you were risking too much per trade? This would explain why you have lost so much since then. I had a less than average trading month in November, and quite a bad trading month in December; I have openly said this in one of the other threads, so I've got nothing to hide. Remember, no system is perfect, and if anyone is guaranteeing or making outrageous claims about their system, my advice would be to run for the hills. But my bad trades late last year prompted me to try and improve the AshFX system. January was better, and Feb was even better, so I have decided to share my Version 2 with everyone for March. Sorry to hear about your heavy losses. I hope we can help you turn your trading around, but again, there are no guarantees. Just hard work, effort, and optimism. Ash |
#60
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But ash, that trade turned out profitable!
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#61
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#62
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Crack on lad, is it done yet?
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#63
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I found the exit on ashfx was too late in the previous version, the profits with the 2nd half of the trade ran well but rebounded and the system exit was not on the ball, I hope to try the new one soon. |
#64
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I think we should keep everything in one thread. Otherwise it's a hassle looking at two threads.
just my 2 cents. |
#65
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I agree, lets keep it all as one thread
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#66
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Well Gu is shaping up to be an "almost " shrt for the day. The blue line is below 20 but not the red. Opinions? The 4 hr as of this wring is an entry short.
I use Alpari, which closes at a different time than most. |
#67
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Hi Ash
thnx for the new system sometime as now in GBP/USD ,the AC has just turn into red today , but it is 2 candle that the PSAR is above. and as you said we should see the FIRST above PSAR to enter sell , you mean that now the situation is not proper to enter for sell? excuse me for my poor english , i want to say that if the PSAR wasn't the first , we cannot enter a position? |
#68
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We might have a reversal or continuation just to be on the look out Regards |
#69
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Just trialling now...... its looking good..Many thanks Ash.:)
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#70
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Looks like no trades today people. |
#71
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Wise words my friend.
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#72
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What about the USD/CAD pair? Would this not be a an ASH2 sell trade? Thx... and great system Ash!
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#73
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Ash, can you help? |
#74
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If I trade this I would place my first half @ 1.2800 and have a Sell Limit Orders @ 1.2900 and 1.3000 just incase we have a strong resistance here look at the past it will determine what might be our near future
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#75
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Can someone kindly send the new version to me thru my email gbenga.philips@gmail.com. I downloaded it twice but the folder wont open. Thank you!:mad:
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#76
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#77
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#78
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![]() I sent it to you a while back ,. Now you should have 2 copies :) |
#79
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So, to answer your question Dual-c, yes, that is a valid signal. But the reason why I didn't take it was because the candle was much longer than the daily average, plus it's bottom wick was longer than it's upper wick. (In fact, there was no upper wick.) This doesn't mean the trade is going to turn out to be a bad trade, nor does it mean it's an invalid signal. Maybe other traders have liked the look of this signal and decided to trade it, but frankly, I wasn't too comfortable with it. |
#80
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Well, I took the trade last night. We will see how it turns out.
Since I started with the original AshFX system back in September, I have been trading 19 pairs. Some are more successful then others. Which have you tested this system across? |
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