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Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 5:02 pm
by jng640
The lastest version of XARD is also a great system to trade in Daily TF, especially for swing trade, just follow the MA ribbon and add some filter.
viewtopic.php?f=578267&t=8416709&start=8990
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 5:30 pm
by PumbaPLS
Kathy McGarry wrote: Thu Oct 07, 2021 12:55 pm
Hey Pumba
Will post my strategy later when I have some time
Kath
Hey Kathy
Thanks for taking part in this and that you are willing to share your system.
Pumba
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 5:34 pm
by PumbaPLS
Hey jng640,
Thanks for taking part in this. I have already tried this system, but I got mixed results from it.
But as always, It doesn't matter how good the weapon if the wielder isn't skilled in its use.
Pumba
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 6:11 pm
by jng640
PumbaPLS wrote: Thu Oct 07, 2021 5:34 pm
Hey jng640,
Thanks for taking part in this. I have already tried this system, but I got mixed results from it.
But as always, It doesn't matter how good the weapon if the wielder isn't skilled in its use.
Pumba
Use Waddah Attar as volume filter, RVI which is build in indicator period 10 as confirmation/exit indicator.
Use the attached indicator as continuation entry..
Well...There's no holy grail system can win all the trades..
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 6:12 pm
by PumbaPLS
my current Template that I am using now.
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 6:24 pm
by PumbaPLS
jng640 wrote: Thu Oct 07, 2021 6:11 pm
Use Waddah Attar as volume filter, RVI which is build in indicator period 10 as confirmation/exit indicator.
Use the attached indicator as continuation entry..
Well...There's no holy grail system can win all the trades..
never did I say anyhting about holy grail, I just stated that I didnt see the results as interesting as I have maybe seen with things I have tested.
I wont deny though that it can catch big trends
thanks for the advice
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 7:55 pm
by Kathy McGarry
Hey Pumba,
Thanks for your patience.
I migrated to the daily timeframe 3 years ago, and haven't looked back. Because of work commitments and leisure time (you have to live life), I don't have the luxury of watching 15 minute bars go up and down. In saying that, a lot of folk love it. Never-the-less, I have always been an Ichimoku trader. The alternative ichi, is much simpler, so I use that as a baseline (in your words).
The indicators and their descriptions are not mine, they are freely available on this site, or FF or MQL5
The value chart gives me an OB/OS condition, and the MACD the entry.......AFTER the VC has been OB/OS...if that makes sense.
The halftrend is the current trend
MACD 5,13,9
The above is a vague explanation, and I have attached information for your perusal. A bit of light reading won't do any harm... hehehe!
I have to go, will get into details when I get a chance.
Take care, stay safe.
Kath
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 8:01 pm
by PumbaPLS
Kathy McGarry wrote: Thu Oct 07, 2021 7:55 pm
Hey Pumba,
Thanks for your patience.
I migrated to the daily timeframe 3 years ago, and haven't looked back. Because of work commitments and leisure time (you have to live life), I don't have the luxury of watching 15 minute bars go up and down. In saying that, a lot of folk love it. Never-the-less, I have always been an Ichimoku trader. The alternative ichi, is much simpler, so I use that as a baseline (in your words).
The indicators and their descriptions are not mine, they are freely available on this site, or FF or MQL5
The value chart gives me an OB/OS condition, and the MACD the entry.......AFTER the VC has been OB/OS...if that makes sense.
The halftrend is the current trend
MACD 5,13,9
The above is a vague explanation, and I have attached information for your perusal. A bit of light reading won't do any harm... hehehe!
I have to go, will get into details when I get a chance.
Take care, stay safe.
Kath
Thanks a lot for your time, indicators and explainations.
I fully agree, you have to live life! Thats why I started trading to begin with, for more freedom.
The Daily timeframe can achieve exactly that.
Glad to have you around, wish you a good day and month ahead.
Pumba
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 8:11 pm
by Kathy McGarry
Pumba,
Have a look at the attached screenshots,
I don't want to cherrypick pairs, this is as clear as day (to me anyway.
Re: Daily Timeframe SwingTrading Template
Posted: Thu Oct 07, 2021 8:50 pm
by PumbaPLS
Thanks to Kathy McGarry and jng640 I think we have made a big step forward in our swingtrading template.
I personally see great potential in this system. I hope more People can contribute in the future and maybe we can get close to our "holy grail" together.