Free Technical Trading Systems

[Davidee]

Here is an online library of free technical trading systems http://www.myforexdot.org.uk/FreeTec...ngSystems.html

Best one is the 2nd; continue to enter on an 80-day high with a 20-day time-based exit building up a huge position in large trades

[jackie101]

With the countless number of trading techniques that are available today, it is difficult to say which is better and which is no good. What is important for you as a trader is that you must feel comfortable with the trading strategy that you adopted. As Warren Buffet, use to say there are only two rules in investment. The foremost rule is “Never lose money” while the second rule is “Always remember the first rule”.

[WrightNY20]

thanks for the info

[adria]

One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

[jackie101]

Originally Posted by adria

One of the most common tip i give all tradersis to know yourself - be disciplined, know your weaknesses, control your emotions. You have to be disciplined to survive in this 'business'. You need the dicipline to stick to your trading plan.

Thanks adria for your tip. Discipline is really very important if you want to have a consistent returns in your trades.

[KajolThappar]

about the "three screen trading system" which lots of... need that or just technical traders? Furthermore...a fancy gadget, using free online charts

[Sattvinder]

The most recent development in Forex Trading has been the development of Forex Robots that work automatically to spot Forex Signals indicating when you should buy or sell. These are great, but now the problem is... there are so many “automated” forex programs (that I’ve personally used), how do you know which one to buy?

[dannylohra]

I'm using for a while now. Started with the demo version, worked fine. The return went a bit down though. Check it here http://www.mt4i.com/users/burutrader/stats
However, I stick to IBFX Australia.
Will post here the development soon again, end of may probably. May should be a good month I think.

[ezyazpie]

Has anyone tried that QuantumFxPro? Is it really any good? I like AshFx but it is best used on 4H up timeframe. I prefer something on a 15M or 5M using 1H to verify.

[wades-world]

Copied from the FF thread- it is called 'Profit all day':
Why I like this system, -It's solid and works on the 5, 15, 1H, 4h, and daily time frames.-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.
System, EMA's, 3,5 and 13 cci, 24 period fixed minimum of -350 and a maximum of 350 cci levels -90, 90
Sell entry on 5 minute. break of the last lowest low. check next highest time frame which is 15 min to see if there is good spacing between the EMA's heading downward. If there is good spacing and EMA's are heading down then you have a great entry.
Tp and SL. SL is 3 pips above the last highest high. TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.
What is the lowest low? It's when the current candle has at least 2 candles before and after that are higher then it itself.
Buy entry on 15 minute.break of the last highest high. check next highest time frame which is 1 hour to see if there is good spacing between the EMA's heading downward. I do not confirm trades on the 30 minute time frame. If there is good spacing and EMA's are heading down then you have a great entry.