AshFX V2 - With complimentary techniques

[swissforex]

Originally Posted by lrathi

TOP DOWN APPROACH made easy in conjuction with ASHFX2 signals

Initially performance 100% Winning trades on Entry signals. 40%+ profit in 4 trading days using 4H Timeframe.

Working on ideal EXIT strategy at this stage.... not long to perfect....Coming Soon!


H1Scalper System (MTF D1,H1,M5) - Forex Factory

H1Scalper System (MTF D1,H1,M5) by Swingman

Do not let the name scalper system put you off higher TF trading.

The dashboard can be adapted for any timeframe trading (Scalping to investing).

Also, this strategy is more suited for intermediate to advanced trader levels.

Any questions about this system to be asked on the thread there (FF) not here.

Hello
I didn't understand your system

could you please explain
??
thanx

[Egwig]

Originally Posted by swissforex

Hello
I didn't understand your system

could you please explain
??
thanx

Hi Swiss

Lrathi has not posted for a few weeks and may not see your question.

I will do my best to explain her main points as far as I understand them

'Top down', means that a currency pair must be trending in a higher time frame as well as the one being observed.

For instance, if a trade set up appears in the one hour time frame, then the trend must also be showing in the four hour and perhaps even the one day time frames.

The Dashboard is an indicator that shows trends in different pairs and different time frames all on the same chart.

It is very useful.:)

As she suggests, you would be better off following the link to Forex Factory where these strategies are discussed at length.

I hope this helps.

Egwig:cool::cool:

[King Pips]

STAY TUNE FOR INFO>

[usama1]

need more details

[warhead]

Originally Posted by King Pips

STAY TUNE FOR INFO>

we are patient in waiting & happy pipping 2010 :)

[Neo]

Are we staying tuned for info on CCI trades?

[mike06]

Not that long ago I've found this web page...There are a lot of interesting stuff for everyone!
But still I don't know if we can listen to their oppinion.
Please share your thoughts....
Thanks in advance...

[Neo]

Originally Posted by mike06

Not that long ago I've found this web page...There are a lot of interesting stuff for everyone!
But still I don't know if we can listen to their oppinion.

What???

Your post doesn't make sense.

[micha3l]

Originally Posted by Neo

What???

Your post doesn't make sense.

Oh yes you are rigth, everybody has its own brain, but this side helps a lot for new ideas and other viewpoints one can combine with his own ones and so ione make his trading a success

[philn]

Hi,
Using a live MB Trading account I Manual Backtested the Euro Usd 4 hour chart with a set 58 pip stop loss (actually 60 pips figuring in around a 2 pip commission). I will wait for up to 3 bars for correct AC (Accelerator Oscillator)
and AO (Awesome Oscillator) and enter the trade on up to the next bar. And after a loss If it looks like a trade is not going anywhere after 8 to 12 hours put in a 2 pip stoploss.

Here are the pip results:

April 2010 161
May 2010 738
June 2010 164
July 2010 342
Aug 2010 818
Sept 2010 469
Oct 2010 537
Nov 2010 358
Dec 2010 414
Jan 2011 722
Feb 2011 296
March 2011 345
April 2011 144
May 2011 48
June 2011 624

Total Pips 6180

Philn

[rpierce]

Philn

Thanks for your work on this - very interesting.

Couple of questions. So you're saying you don't enter only if PSAR, AO, AC and Stoch are all aligned. You will give them all some time - three bars to align.

Why 58 pips initial SL? Did you find this to be optimum after backtesting? And would you vary this for different pairs?

Are your results based on closing according to rules? 50% on positive close of current bar and the remainder when the PSAR/AO change?

Have you backtested other pairs yet?

Good work.

[philn]

I Did find 58 pips to be optimum after backtesting and find it easier to figure out my money management.

I have only focused on the Euro Us because it has the most volume so more of a chance of getting filled. And with 50 to 1 leverage in the US, I find it safer to be in only one trade at a time.

I'm not sure what you mean when you write "Are your results based on closing according to rules? 50% on positive close of current bar and the remainder when the PSAR/AO change?"

Philn

[rpierce]

I was just referring back to the original rules for the AshFX System V2, which states under "exits"...

If the day, or any consequent day, has closed in your direction (i.e. you’re in profit at the end of any given
day), then close half your position & move SL to break even. Close the other half once either the AO or
PSAR turns the opposite colour/direction. Only exit at the candle close

Are your pip counts based on this approach to exiting?

[fxtechtrader]

Just a short notice that I am glad Ash is reopening his forum again, I will contribute to my best effort. Many pips to all.

Thank you !


___________
michael :)

[philn]

Originally Posted by rpierce

I was just referring back to the original rules for the AshFX System V2, which states under "exits"...

If the day, or any consequent day, has closed in your direction (i.e. you’re in profit at the end of any given
day), then close half your position & move SL to break even. Close the other half once either the AO or
PSAR turns the opposite colour/direction. Only exit at the candle close

Are your pip counts based on this approach to exiting?

I apologize for taking so long to get back to you. Good question, I just get out if at the end of a candle and the parobolic sar has changed direction or if the price action doesn't seem to be going anywhere I will set up a break even stoploss. I hope this helps
philn

[binufrancis]

I'm new to forex, Guys please elaborate keeping in mind that even amateurs are reading.

[GDMFX]

Thank you for sharing, your posts were very informative.

[Gerski]

Originally Posted by binufrancis

I'm new to forex, Guys please elaborate keeping in mind that even amateurs are reading.

This is a very good suggestion/favor since you are right newbies,amateurs are also reading and this favor will be very helpful.

[fxsatria]

Let me to try this system guys.
Thanks anyway i hope this works on liteforex broker.