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Davidee 01-06-2010 21:31

Free Technical Trading Systems
 
Here is an online library of free technical trading systems http://www.myforexdot.org.uk/FreeTec...ngSystems.html

Best one is the 2nd; continue to enter on an 80-day high with a 20-day time-based exit building up a huge position in large trades

jackie101 15-08-2010 13:56

With the countless number of trading techniques that are available today, it is difficult to say which is better and which is no good. What is important for you as a trader is that you must feel comfortable with the trading strategy that you adopted. As Warren Buffet, use to say there are only two rules in investment. The foremost rule is “Never lose money” while the second rule is “Always remember the first rule”.

WrightNY20 15-08-2010 14:31

thanks for the info

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adria 17-08-2010 06:40

One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

jackie101 21-08-2010 11:49

Quote:

Originally Posted by adria (Post 8174)
One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

Thanks adria for your tip. Discipline is really very important if you want to have a consistent returns in your trades.

KajolThappar 10-10-2010 07:50

about the "three screen trading system" which lots of... need that or just technical traders? Furthermore...a fancy gadget, using free online charts

Sattvinder 07-02-2011 21:10

The most recent development in Forex Trading has been the development of Forex Robots that work automatically to spot Forex Signals indicating when you should buy or sell. These are great, but now the problem is... there are so many “automated” forex programs (that I’ve personally used), how do you know which one to buy?

dannylohra 29-04-2011 17:04

If you ask me, Buru with IBFX rocks :)
 
I'm using for a while now. Started with the demo version, worked fine. The return went a bit down though. Check it here http://www.mt4i.com/users/burutrader/stats
However, I stick to IBFX Australia.
Will post here the development soon again, end of may probably. May should be a good month I think.

ezyazpie 02-07-2011 23:10

New EA
 
Has anyone tried that QuantumFxPro? Is it really any good? I like AshFx but it is best used on 4H up timeframe. I prefer something on a 15M or 5M using 1H to verify.

wades-world 03-07-2011 04:32

Profit All Day...(a.k.a...Child's Play)
 
Copied from the FF thread- it is called 'Profit all day':
Why I like this system, -It's solid and works on the 5, 15, 1H, 4h, and daily time frames.-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.
System, EMA's, 3,5 and 13 cci, 24 period fixed minimum of -350 and a maximum of 350 cci levels -90, 90
Sell entry on 5 minute. break of the last lowest low. check next highest time frame which is 15 min to see if there is good spacing between the EMA's heading downward. If there is good spacing and EMA's are heading down then you have a great entry.
Tp and SL. SL is 3 pips above the last highest high. TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.
What is the lowest low? It's when the current candle has at least 2 candles before and after that are higher then it itself.
Buy entry on 15 minute.break of the last highest high. check next highest time frame which is 1 hour to see if there is good spacing between the EMA's heading downward. I do not confirm trades on the 30 minute time frame. If there is good spacing and EMA's are heading down then you have a great entry.

Vortex 03-07-2011 05:03

Profit All Day
 
To enter a "buy" EMA should be uptrend?

wades-world 04-07-2011 04:55

FF=Post#1-Profit All Day
 
2 Attachment(s)
I personally use this system on the 15m and the 1hr. This system has done for me what it has done for countless others in the past.......It Works...!!!
From:Cubbybgood
PLEASE READ ALL OF THIS POST BEFORE TRADING!!!!!!

The only system one could ever want or truly need is right here.
I was taught this system from a friend of mine with a lot of forex knowledge.

I have a few threads on FF sharing with you a couple of my custom systems but this one here is the real deal. There's no custom or tricky indicators that repaint. Everything is already included in your platform. This is the system I use for my live trading and believe I always will. My custom systems are good but just don't fallow price like this one does.


My story in a nutshell,
I am a trader of 4 years with 3 of them being a bad experience till I was taught this system by a good friend. Now a year later I consistently make 20-50 pips a day only trading a couple hours.

Why I like this system,
-It's solid and works on the 5, 15, 1H, 4h, and daily time frames.
-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.

System,
EMA's, 3,5 and 13
cci, 24 period fixed minimum of -350 and a maximum of 350
cci levels -90, 90

Sell:
Check 5m chart for latest swing low.

Check EMAs all heading down and spacing apart on 15m chart.

Enter trade on next break point on 5m chart when CCI is below 90 CCI
(not important in 15m chart)


EMAs must be heading down and spacing apart on 15m chart for entry.
(not important in 5m)

Stop loss 3 points above last swing high.

70% of Take profit at Stop loss value 30% at 3 EMA crossing up through
13 EMA (on 5m chart).

What is the lowest low?
It's when the current candle has at least 2 candles before and after that are higher then it itself. (Example is in pic.)


Buy:
Check 5m chart for latest swing high.

Check EMAs all heading up and spacing apart on 15m chart.

Enter trade on next break point on 5m chart when CCI is above +90 CCI.
(not important in 15m chart)


EMAs must be heading up and spacing apart on 15m chart for entry.
(not important in 5m)

Stop loss 3 points below last swing low.

70% of Take profit at Stop loss value 30% at 3 EMA crossing down through 13 EMA (on 5m chart).


What is the highest high?
It's when the current candle has at least 2 candles before and after that are lower then it itself. (Example is in pic.)
 
Risk?
Max, Only 5% per trade.

While trading, make sure when your TP is hit to only take out 70% of the initial trade. Leave the other 30% in till 3 and 5 ema cross the 13. This will allow you to let your profits run, which is a must in forex trading!



Please do not change this method to your liking, keep it as it is. I've don't very well with this system over a long period of time. I've tried using it with many different indicators to try to make it better. Doing so just didn't make sense to the system. I even tried fib pivots. Also didn't make sense.

This system was meant to be traded as is. I've traded it for a year now and it's treated me very well so I hope you like it. Please give it a good shot with your trading. I've had a lot of people come to me asking how to trade profitably and this is the system that has helped me.

Attachment 1392

Attachment 1393

adambomb1980 23-11-2011 15:32

Re: Free Technical Trading Systems
 
Great system man, looks like it is a really good one. My only question is when you say when the moving averages are spreading out (either up or down, for buy or sell), how far apart do you like them to be? Just where they aren't touching or what?

pipsqueak 26-11-2011 11:07

Re: Free Technical Trading Systems
 
Quote:

Originally Posted by adria (Post 8174)
One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

I agree, too many people focus on the system alone and simply never focus on how they look at things. We are normally the downfall of a system and not always the system being a bad thing

wades-world 28-11-2011 16:28

Re: Free Technical Trading Systems
 
You want a decent separation with a decent angle also...

henryduncan12 29-11-2011 09:36

Re: Free Technical Trading Systems
 
Quote:

Originally Posted by adria (Post 8174)
One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

I am agree with your tips to traders. There is much risk in Forex Trading and therefore traders should have control on their emotion.

Peter4 09-12-2011 20:51

Re: Free Technical Trading Systems
 
I'm looking for some information about Fibonacci Forex trading, something like you can see here. But really, there are no trading tools for Fibonacci analysis.
Any suggestions for statistic tools?

Husanboy 16-03-2012 14:28

Re: Profit All Day...(a.k.a...Child's Play)
 
Quote:

Originally Posted by wades-world (Post 9547)
Copied from the FF thread- it is called 'Profit all day':
Why I like this system, -It's solid and works on the 5, 15, 1H, 4h, and daily time frames.-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.
System, EMA's, 3,5 and 13 cci, 24 period fixed minimum of -350 and a maximum of 350 cci levels -90, 90
Sell entry on 5 minute. break of the last lowest low. check next highest time frame which is 15 min to see if there is good spacing between the EMA's heading downward. If there is good spacing and EMA's are heading down then you have a great entry.
Tp and SL. SL is 3 pips above the last highest high. TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.
What is the lowest low? It's when the current candle has at least 2 candles before and after that are higher then it itself.
Buy entry on 15 minute.break of the last highest high. check next highest time frame which is 1 hour to see if there is good spacing between the EMA's heading downward. I do not confirm trades on the 30 minute time frame. If there is good spacing and EMA's are heading down then you have a great entry.

Live results please?!

priceactrader 09-07-2012 23:34

Re: Free Technical Trading Systems
 
I think technical indicators they dont give a whole of the charts when relied on them heavily


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