Hello every 1 , kinda late to post here , but i was searching for something and found this topic , so i had to make an input here since i have the 5EMAS standard and Advanced systems + Divergence system , the system works but depends on luck , and u`ll miss lots of lots of trades while looking for signals and waiting for the EA(Expert Adviser) to show the magical signal so u can open a trade , well guys it isn`t working , i tried the system and it wont work in long term , plus moving averages are lagging systems , which means it`ll make a signal when the move already occurred , if ur lucky and it`s long move then u`ll catch phew pips at the end , otherwise it just wont work , cuz the forex is fast moving market , not like stocks , etc , also the advanced system indicator depends on macd , macd isn`t for giving u solid entering signal , it`s to show if the pressure of buying\selling , is high or eased .,.
At the end it`s way better to learn pattern\candlestick recognition and divergence , and watchout for news time , and u`ll make lots of money if u worked hard , instead of hoping to find EA to tell u when to enter , etc . nothing comes easy , u want money , work for it , learn , spend time , dedicate ur self for it , and u`ll learn and become successful .
GL every 1 , bye .
07-06-2008, 03:13 AM
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