MoneyTec 2.0 - Online Forex Traders & Brokers Social Networking Community » Trading Talk » Technical Trading

[Admin]

Thought it would be interesting to learn what indicators are the members here using to trade

Thank you in advance for your votes

p,s, let us know if I left any out, and we will add them

[mig928]

How about "None" just to round up the choices? With out this choice, you're essentially forcing participants to pick an indicator.

[Admin]

Originally posted by mig928
How about "None" just to round up the choices? With out this choice, you're essentially forcing participants to pick an indicator.

Ok added

[ellhow]

Well I'm testing somethig using only the DMI.

[buff]

It's a pity it won't let you vote for two or more indicators as I use EMAs, MACD, DMI and Parabolic SAR. They are all important and all confirm each other if you know what I mean. I especially like use of the DMI so that got my vote this time around. Cheers.

[mishak]

Some are used in trending market (up or down), others in flat market (trading in range). So it is a good idea to change the format of the poll somehow (checks instead of radio buttons or separate poll on each indicator). And you didn't mention one of my favourites - stochastics.

I use MA in trending markets, Slow Stochastic in ranges (very short). I look on MACD for early trend reverse signals.
Bollinger bands are useful to take unexpected profit.

I am a positional trader and use trend caused by fundamental reasons. So, TA is very important but secondary for me.

[psit]

My favorite one is the RSI, but of course in combination.

Psit.

[MadMoney]

the option selfmade" is missing

[Admin]

Originally posted by MadMoney
the option selfmade" is missing

Added

[bullish_it]

I'm using EMA's and MACD so maybe you really should have choosen check boxes instead of radio buttons, as someone stated before. EMA's are more important though.

[Micke256]

I'm actually using stochastics in tradingmodels (as you haven't included in the poll), MACD, RSI and DMI in a recent thesis.. Those indicators are tested against the four biggest currency pairs (in volume) + EUR/JPY... without stoploss and then with two different kind of moneymanagement strategies.

Some of the results follow below:

RSI (25/75) - percent trailing strategy - average annual return for the 5 pairs: 4,89%

MACD (48/104/36) - percent trailing strategy - average annual return for the 5 pairs: 5,48%
Annual average maximal drawdown: $ 266,8 ($100 000 initial capital)
Average % profitable trades for the 5 pairs: 34.84%
Sharp:

MACD (144/312/108) - percent trailing strategy - average annual return for the 5 pairs: 8,95%
Best pair: EUR/USD:19,83%
Worst pair: USD/JPY: 0.75%

DMI (252) - percent trailing strategy - average annual return for the 5 pairs: 11,58%
Average % profitable trades for the 5 pairs: 34,59%

Stochastics (25/75) - percent trailing strategy - average annual return for the 5 pairs: 8,19%
Average % profitable trades for the 5 pairs: 36,07%

NOTE: Realistic trading costs are included in the models.. been using 5-min EBS spot data for 3 months..

[mishak]

Very interesting, Micke256

Please, what time scale have you used for your backtesting ?
And which two MM strategies ?
Thanx

[Micke256]

Mishak, I've used 5 min scale, between 10 Sept-10 Dec 2003.
Used 3 strategies.

One: No strategy Just buy and sell when the indicators say so.
Two: Stop-loss + percent risk trailing.
Three: Percent risk trailing.

Works like the attached pic..

[Ugly_Dog]

I've been trying MACD and a Schaff Trend to compliment each other. Can't say yet, but I like the way they interact! Anyone already done this experiment?
Ugly Dog

[Trader_Dubai]

hiya guyz, im a ne wmember at moneytec. its gr8 to be here.
itz like a haven for forex fanatics.

however im new at da markets. i usually use bollinger bands indicator for trading. is there any book, guide, or forum that will teach me how to use the rest.

or will ne1 of u guyz brief me out. id really aprreciate it.

lukin frwrd to a response...