Great system and easy to use! (Great system easy to use!) - MT4/MT5 resources
Hello everyone!
I just wanted to post my system here so everyone can see how easy it is and can make you a lot of money. You have to be patient and follow the signals. If the market is volatile, stay away. The system works best from 12 noon onwards. 10 a.m. ET
First you need 3 moving averages.
50 moving average
100 moving average
200 moving average
Macd default settings are 12, 26, 9
In an uptrend they will accumulate 50,100,200
The downward trend is naturally 200, 100, 50
This is good because the price always returns to the moving average and bounces back. Once it passes one of the EMAs, it usually tries to get to the next EMA, sometimes reaching 40-60 points! Unless the EMA happens to be at a Fibonacci level, just wait for confirmation from the MACD close.
That's it! What you do is find lows and highs every time. Plot Fibonacci from low to high. Price will always hit Fibonacci or bounce off the moving average. It works best on 15-minute and 60-minute charts. When placing Fibonacci...it doesn't matter how many days, hours or minutes. If the price rises from the low 2 hours ago to the high. Running Fibonacci, price will continue to hit Fibonacci along with the moving average. If the price closes above or below the moving average, take a closer look. Sometimes it will pierce and go to the next EMA, or it will bounce off it.
If you set up and look at the chart, go back a few days and watch how the price reacts to the moving average. MACD is also a major component here. I only trade on the 15 minute and 60 minute charts. I usually trade on the 15-day MACD crossover and watch for 60 minutes to confirm the move. That's if I'm aggressive. When the 50 EMA crosses the other two moving averages. This is considered a death cross. Continue to move forward the same way you traveled. It would take a lot of effort to get it across all 3 again.
This month alone I have earned over 1000 points using this system. If you have any questions please ask
I just wanted to post my system here so everyone can see how easy it is and can make you a lot of money. You have to be patient and follow the signals. If the market is volatile, stay away. The system works best from 12 noon onwards. 10 a.m. ET
First you need 3 moving averages.
50 moving average
100 moving average
200 moving average
Macd default settings are 12, 26, 9
In an uptrend they will accumulate 50,100,200
The downward trend is naturally 200, 100, 50
This is good because the price always returns to the moving average and bounces back. Once it passes one of the EMAs, it usually tries to get to the next EMA, sometimes reaching 40-60 points! Unless the EMA happens to be at a Fibonacci level, just wait for confirmation from the MACD close.
That's it! What you do is find lows and highs every time. Plot Fibonacci from low to high. Price will always hit Fibonacci or bounce off the moving average. It works best on 15-minute and 60-minute charts. When placing Fibonacci...it doesn't matter how many days, hours or minutes. If the price rises from the low 2 hours ago to the high. Running Fibonacci, price will continue to hit Fibonacci along with the moving average. If the price closes above or below the moving average, take a closer look. Sometimes it will pierce and go to the next EMA, or it will bounce off it.
If you set up and look at the chart, go back a few days and watch how the price reacts to the moving average. MACD is also a major component here. I only trade on the 15 minute and 60 minute charts. I usually trade on the 15-day MACD crossover and watch for 60 minutes to confirm the move. That's if I'm aggressive. When the 50 EMA crosses the other two moving averages. This is considered a death cross. Continue to move forward the same way you traveled. It would take a lot of effort to get it across all 3 again.
This month alone I have earned over 1000 points using this system. If you have any questions please ask
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