1 minute day trading system FOREX & CRUDE OIL

[oilfxpro]

Hi folks

I am now using a 1 min charts on currencies and oil.It is working profitably for me because once I enter the trade, the trade is managed manually depending on time of day,related positions ,profit target for day etc.Once I reach my profit target I am out

These are the indicators I am using oilfxpro rsioma,lwma 36,75 and 120 and rsi 14 plus ma crossover signal

Traders can trade it manually by setting the above three moving averages and rsi 14 plus m/a crossover signal.Inplace of the rsioma indicator indicator ,use the waddar attar explosion .

When the Waddah attar shows 2 consecutive spikes and price breaks out of resistance enter the trade

The OILFXPRO intraday support and resistance indicator is useful for currencies but not good for oil

Attached is image of D T S S

In next post are indicators

OILFXPRO

[oilfxpro]

Hi folks

This is a 1 minute crude oil trading system

Place lwma 36,75 and 120 on charts

Place indicator rsi 14

Waddah attar explosion for metatrader or something similiar

Charts 1 m

Place minimum stop loss of 35 and a profit target of ATR

Move to breakeven after 35 points and use tsl 50

When 36 wma is above 75 wma and both of them are above 120 wma , rsi is above 50 and waddah attar explosion indicator shows 1/2 spikes of same colour , enter the trade.Look for trend confirmation before entry ie two succesive peaks for long

Look to see support levels and check heating oil futures.Entry on the first pullback

Exit on first sign of a weakening trend/end of day/end of day's trend/resistance

Anybody trading this system please let me know how it is going and please post results

OILFXPRO

[oilfxpro]

Hi

We give out free systems.

They sell them for $1500

5 MINUTE CRUDE OIL FUTURES TRADING SYSTEMS TRADESTATION - eBay (item 300227991084 end time Jun-01-08 12:28:25 PDT)


lOOKS LIKE bLUTY/CARLY IS NOW SELLING UNDER A DIFFERENT NAME

Items for Sale by futuresandforexsystems

Anybody try our system on 5 minutes charts?


OILFXPRO

[Chartsky]

That $2000 eBay system is using a chart from March 19th and TradeStation simulator "performance results" that are almost 3-months out-of-date.

I wonder why . . .

Can't believe anyone would actually pay $2000 for a system that is a lot of flash but disclaims everything in the small print at the bottom.

[oilfxpro]

Originally Posted by Chartsky

That $2000 eBay system is using a chart from March 19th and TradeStation simulator "performance results" that are almost 3-months out-of-date.

I wonder why . . .

Can't believe anyone would actually pay $2000 for a system that is a lot of flash but disclaims everything in the small print at the bottom.

ChaRtsky

Can trade station programmes be written to look at daily close first, i.e up or down ...then place trades accordingly? .

If you have the data for close ,if it is a higher close trade long for the day, SO THE TESTS CAN BE FLAWED

OILFXPRO

[adahosver]

hello

[toddanderson]

can you explain what type of indicator your support resistance is
what does it use to calculate the lines
How is the gridpips used

Thank you

Originally Posted by oilfxpro

Hi folks

I am now using a 1 min charts on currencies and oil.It is working profitably for me because once I enter the trade, the trade is managed manually depending on time of day,related positions ,profit target for day etc.Once I reach my profit target I am out

These are the indicators I am using oilfxpro rsioma,lwma 36,75 and 120 and rsi 14 plus ma crossover signal

Traders can trade it manually by setting the above three moving averages and rsi 14 plus m/a crossover signal.Inplace of the rsioma indicator indicator ,use the waddar attar explosion .

When the Waddah attar shows 2 consecutive spikes and price breaks out of resistance enter the trade

The OILFXPRO intraday support and resistance indicator is useful for currencies but not good for oil

Attached is image of D T S S

In next post are indicators

OILFXPRO

[oilfxpro]

Originally Posted by toddanderson

can you explain what type of indicator your support resistance is
what does it use to calculate the lines
How is the gridpips used

Thank you

Use it on 1 minute charts

It draws lines at the previous hours /x hours low and high

Every hour it draws lines at hourly highs/lows

During the day it will draw 24 lines for each hour

If the market is ranging , one can use 1 st short at resistance follwed by a second short at 10 pips higher 3 rd short at 20 pips and 4 th short at 30 pips

It can be used as averaging down 4 positions

Always trade in the direction of longer time frame moving averages and currency strength

OILFXPRO

[traders89]

Bonjour

Firstly I thank you to sharing your system with us.

Do you trade in live account with this system?
% win/loss ?

Thanks

[oilfxpro]

Originally Posted by traders89

Bonjour

Firstly I thank you to sharing your system with us.

Do you trade in live account with this system?
% win/loss ?

Thanks

Trader 89

I trade automated using expert advisors on live accounts.I do not trade manually on live accounts.I simply do not have time to concentrate on trading

I have developed many systems and used this system in the past on live account.

I prefer the current systems as follows

MQLTRIO CCI/STOCHASTICS and V MACD

OILFXPRO'S 5 WMAS


welcome
http://www.fxfisherman.com/forums/fo...ml?=#post19460

This system can be an addition to YOUR TRADING STYLE.I used to get good results with it trading it manually with interactive brokers on futures

OILFXPRO