Article Library

6/34
Ranking
Hi pip makers, in this Article I am gone an explain one of my simple but effective and my favorite strategy.
I like simple strategy same time hate complicated one because it creates lot of confusion while entering and existing the market so I always prefer to use simple two or three indicators to make any of my strategy and hate to see full of indicators in my trading chart.
I believe myself more than anyone else and always stick to my strategy, if my strategy doesn’t make good profit still I won’t do frog jump without back testing and experiment with 1:1 leverage by documenting all the experimental results.
Why i don't do frog jumps?
I would like to illustrate with an example for more clarity. Let’s Consider a blind man walking on the same road every day, Initially he may get confuse for couple of days but once he became familiar with road he can easily walk on the road without any problem because he have analysed all the objects and its positions in his mind and made the imagination road in his mind so that he can tell where is up and down in the road without seeing. That’s the power of revision so I am applying the same formula here. If we practice the same strategy for a while…
Read article
Translate to English Show original
vap61 avatar
vap61 19 Dec.

автору лайк за проделанную работу,терпения и удачи в торговле))))

weagull avatar
weagull 22 Dec.

good luck

Yuliya_N avatar
Yuliya_N 22 Dec.

Nice article

Anton_Bustrov avatar

good

ImranMughal99 avatar

nice

orto leave comments
7/68
Ranking
In my previous article i have shown you a strategy based on MACD & stochastic oscillator. This strategy is one of the best strategy present in the library. Lets automate it and see
is this is a profitable strategy or not?
So lets start building the strategy first.

STEP-1 Beginning

1. Periods + Instrument Selections
2. Position Limiting Block
Take a look at the Figure-
STEP-2 Indicators

1. Macd

As from figure to Open a trade we have to look at the slope of macd.
is it upward or downward? To know we have to think about simple maths. we need three last histograms to be
Uptrend- "up down up"
Downtrend- "down up down"

See the Figures
hence it is confirmed that we have require the past three histogram data which is given by
MACD(Shift1), MACD(Shift2), MACD(Shift3)

2. Stochastic

A simple Stochastic of default period with shift-1
This is how it looks like-
STEP-3 Opening Orders
1. In the figure, The left hand portion is for opening Sell order and Right hand portion is for open Buy orders.
2. We have used 3 macd hence to Open a position we have to use same down up down strategy for opening Short position and vice versa for a long position.
3. Stochastic is default as crossover, if it …
Read article
Translate to English Show original
FXRabbit avatar
FXRabbit 17 Jan.

Good effort!

Elani avatar
Elani 18 Jan.

Will wait for your next article!

TInna avatar
TInna 19 Jan.

информативно, молодец)

mcquak avatar
mcquak 19 Jan.

Thanks for your effort, it's beneficial for readers to know, how the "article" can be melted in some automated strategy. However I'd be cautious to claim that it's profitable strategy based on back testing result of one month.

brilliant avatar
brilliant 25 Jan.

worth further examination .thanks

orto leave comments
17/68
Ranking
In this Article i will discuss the strategy on use of Stochastic and Fibonacci that can be used with any currency pair but better work on Major pair. the system is good to take trade for 1HR-4HR min time frame ,so lets have a look from setting up chart and entry of trade.
Here How I set my Chart..
  1. I always use Weekly Fibonacci level as my Target Price and Stop Lost
  2. My Target price is always above the second level of weekly Fibonacci for LONG of my Open Position
  3. My target is always below the second level of weekly Fibonacci for SHORT of my Open Position
  4. My stop lost is always at the second second level above of weekly Fibonacci for SHORT
  5. My stop lost is always at the second second level below of weekly Fibonacci above for LONG
  6. Use Stochastic as a great filter to find OVERSOLD n OVERBOUGHT if the Stochastic of 4H is in oversold area, don't try to take SHORT position and vice versa
  7. Always confirm in Stochastic DAILY.. if you found Stochastic in 4H is oversold, but Stochastic Daily didn't say that OVERSOLD.. You can go SHORT and visa versa
Read article
Translate to English Show original
MR_KHALEDBADRY avatar

great work

Aviator avatar
Aviator 22 Jan.

interesting

s_amira avatar
s_amira 23 Jan.

Good article. Thank you for sharing

brilliant avatar
brilliant 25 Jan.

combining the tools increase the odds. good ideas

Wovch avatar
Wovch 29 Jan.

very nice

orto leave comments
4/68
Ranking
As a trader spending hours on hours per week looking at charts, you start to develop a technical vision which unconsciously lets you see cardinal points in the market, overlooked by the untrained eye.
For several years, I have been following a certain pattern in the market which produces over 80% winning trades every time I apply it.
Understanding the Indicators

My belief is that even a trader who uses technical analysis must understand the basics of the indicator he uses in his day to day trading.
The MACD Indicator

The MACD indicator is considered by many, including myself, to be one of the most reliable of all the existing indicators in technical analysis—when used correctly (which is what I’m here for). developed by Gerald Appel, who is considered a classic technical analysis guru.
The MACD indicator consists of 2 moving averages and a histogram
This is what it looks like:
The BLUE average is the short period average and the BLACK average is the long period average.
When the histogram is above zero level, the currency is on an uptrend.
When the histogram is below zero level, the currency is on a downtrend.
For a long trade, we want the histogram to:
-Be above zero le…
Read article
Translate to English Show original
Natali_Niyazova avatar

Hot article! :)

Yulia10 avatar
Yulia10 14 Jan.

well done

FXRabbit avatar
FXRabbit 17 Jan.

Very well written!

brilliant avatar
brilliant 25 Jan.

have you backtested this method?

Natalia_Kisenko avatar

great article!

orto leave comments
7/69
Ranking
Scalping is hard. It takes a lot of time, it can be emotionally draining and extremely stressful. And if you’re not careful with your risk control scalping can ruin your trading account. But there’s a time and place for every trading style and sometimes scalping should be your system of choice.
You Need Rules!
Scalping requires a quick mind and fast fingers. You need to have rules for both entries and exits, as well as for your risk management (more on this below). These rules need to be clear, simple and easy to follow. There must be no room for second-guessing yourself or thinking too much. In scalping, there’s just no time to analyse the charts to death and you can’t work out a plan after you enter.
Setting Up Our Charts
Time to setup our charts. My one minute system uses three indicators, two moving averages and one oscillator. For the Moving Average click on ‘Add Indicator’ in your J-forex platform, then open the ‘Overlap Studies’ folder and pick ‘MA - Moving Average’ from the list. The default values here are Simple Moving Average applied to the closing price, so you only need to change the initial value from 30 to 25. Now repeat the same process and add a second SMA with a v…
Read article
Translate to English Show original
fxsurprise8 avatar

miriam1313 Enju OlgaBLR Thank you ladies!

fxsurprise8 avatar

As always, I'm open to any questions you guys might have.

khalidamassi avatar

seemed excellent, good luck

Yulia10 avatar
Yulia10 14 Jan.

very interesting

Sveetlana avatar

well done!

orto leave comments
1/56
Ranking
Hello everyone!
In this article I'll give you a practical knowledge and provide you with a good examples of money management. Those examples you could program in VJF environment.
Whom this article may be useful? To traders who are looking for new Ideas, to traders who want to automate their strategies and who wanted to get to know VJF programming environment.
Let us consider the following points:
  1. Methods of selecting an order amount.
  2. Another view on a Break Even.
  3. Partial closure of position by signals of Momentum Indicators.
This features will performed via my T3 strategy which I had presented you in my february article . Strategy had some changes.
1. Methods of selecting an order amount.
One of the most important questions in a trading is " what is the part of amount …
Read article
Translate to English Show original
simi avatar
simi 4 Nov.

Interesting and helpful, well done!

Chaudhry77 avatar

Nice article

AforAyushs avatar
AforAyushs 10 Nov.

nice article

Mani avatar
Mani 18 Nov.

nice

Vlad_55 avatar
Vlad_55 20 Jan.

управление капиталом - самое главное в торговле!

orto leave comments
9/57
Ranking
In this Article i focus on different and most perfect strategy of doing Binary option or Scalping , our first part i showed u how to use the Bollinger band and William % R and this article i show u some complex setup, but its much perfect giving signal for entering in trade. In this u need 15 min chart setup and we enter trade for next 15 min time frame expiry only. So lets have a look on chart setup and entry of trade.
Setting up Chart :-
Choose the currency pair such as like EURUSD and set time frame 15 min and add Indicator ,
  1. main price chart add Bollinger band (20,2)
  2. RSI value(7) ,level (20-80) and insert EMA value(20)
  3. Stochastic value (5,3,3) ,level (20-80)
  4. CCi value (14),level(100,-100) and insert EMA value(20)
Once u add all indicator charts will look like this as shown image below :-
Buy Trade 1st condition :-

When RSI value is above 20 and Ema cross Rsi, Stochastic value above 20 and trending up and CCI value above -100 and EMA crossing CCI and price is above Lower Bollinger band, we enter in Buy trade as shown in below chart :-
Note :- Always enter 1 pip lower then last candle close and the trade is for current 15 min candle close only.

Buy Trade 2nd condition :-
Read article
Translate to English Show original
AND avatar
AND 31 Aug.

I am not a supporter of binary options, but the idea is interesting

rupesh1984 avatar
rupesh1984 31 Aug.

AND :D its depends on person to person,however thank you appreciating idea :)

Unrestricted avatar

I see this wery usefull. Thanks for shari

FX90 avatar
FX90 31 Aug.

Well done

fx211pips avatar

very useful article

orto leave comments
22/67
Ranking
You will find out a definite answer to this
question that haunts every trader. You will see the results of a comprehensive
study of 127 indicators. And THE WINNER IS…? You would most likely never have
guessed it. It is an indicator that every trader knows and many
traders use. The question is whether they use it properly and profitably. Should
you use it? Read on...
The study of
127 indicators
In this book of 800!!! pages the author and his team present
the results of testing the performance of 127 indicators for a period including most of the
previous century for Dow Jones Industrial Average. (Note: the study doesn’t differentiate
between indicators and oscillators.)
Unfortunately a similar study doesn’t exist for the FX
market. But indicators are indicators because technical analysis is technical
analysis in any market so let’s see whether we can learn from this study something
for our FX trading
They compared results of the performance of the
Buy&Hold strategy with a strategy using a particular indicator. There were
some other rules which are irrelevant for this discussion.
The tested indicators included also the indicators
that are widely used in FX trading like:
various types
Read article
Translate to English Show original
scramble avatar
scramble 18 May

@robert: you are right! i read again whole article and so i understand i got it wrong last time. stress gives this and many other kind of thigs!
good luck :-)

DaddyPapi avatar

The people who actually have the holy grail indicator(s) are busy making money from it and dont want to share it..otherwise they would lose their edge

belman avatar
belman 24 May

Well done +1

Furian avatar
Furian 28 May

Most efficient indicator is into our head. To understand what BBWEB (big boys with endless balance) try to do in particular time frame with intention to induce some sentiment which will be wiped soon after majority of day traders start to think "ok I go in this direction" Someone must lose if some other win. Fake sentiment is most deadly sword for majority of traders as well as 'recomendation" from some "good names"

HansFX avatar
HansFX 14 July

Good article. This also explains why all indicators only work in certain market regimes. It's important to constantly test which indicators work best at a given moment for a certain currency pair. You can either do this by using MT4s back-testing framework, or by checking for example my link, where they test different forex indicators on recent price series. Make sure to set "include transaction costs" to true in the settings.

orto leave comments