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- s3 signals replied Jun 29, 2013
I have two charts covering all trades on GBPNZD in June. I use larger stops for GBP and EUR crosses against the kiwi and aussie dollar, as ATR is usually much greater than other currencies I track. I use 110 pips, but you might want to make it 125 ...
TCO Trader EA
- s3 signals replied Jun 29, 2013
Erebus Interesting take on determining the daily trend. However, I think we should be careful about changing the essence of this thread, or hi-jacking it. TCO's EA is great; all I was looking to do was to refine an entry point without Williams %. ...
TCO Trader EA
- s3 signals replied Jun 28, 2013
Sorry, my mistake, MA ribbon, not MACD. When I loaded the TCO v1.3 from page 1 some time ago (I'm not sure if it's the current EA still) the template appeared with the filled in MA ribbon already there, which is presumably the 20/50 MA's on a daily ...
TCO Trader EA
- s3 signals replied Jun 28, 2013
Totally correct.
TCO Trader EAHowever, I tend to determine whether trend is up or down based upon the MACD ribbon on the hourly. I don't know if this correct, but seems to give a good approximation to the bigger picture on which to base my trade, ...
- s3 signals replied Jun 28, 2013
Erebus, you're spot on. My buy signal was before rexio's chart period using the 20/50 EMA trend confirmation. Price came back to 1.6444 (supertrend level) on the 19th June before it flew up 400 pips. Since then on the 21st there was a buy at 1.6717, ...
TCO Trader EA
- s3 signals replied Jun 28, 2013
Rexio I have GBPAUD as a potential buy only as per 20/50 daily EMA's the pair is in an uptrend (hopefully I am reading this right!). So my pending limit buy would be at the current supertrend level, around 1.6447 on your chart, about where one of ...
TCO Trader EA
- s3 signals replied Jun 28, 2013
Hi Excellent thread TCO! Although a forex junkie for many years, this is my first post at FF. I have been looking at the 20/50 EMA method and can see huge potential in the simple format of trading with the trend and entering on pullbacks (which is ...
TCO Trader EA