What is your favourite Trade Setup

Hi everyone,

I'm currently working on a project to build a database of the most popular trade setups and need your help and input so we can all help each other trade more successfully.

To get the ball rolling the attached image is an example of one of my favourite trade setups.

The key things I am looking for in this setup are:

1) MACD has moved above 0 showing the end of the trend.
2) The MACD histogram bar remains close to 0
3) A Stochastic Cross occurs between 0 and 30 - If the MACD conditions have been met, the Stochastic cross acts as the trigger event to open the trade.

I think I have a problem with my translator and I do not quite understand some of the options.

jpbelcher posted:
Hi everyone,

I'm currently working on a project to build a database of the most popular trade setups and need your help and input so we can all help each other trade more successfully.

To get the ball rolling the attached image is an example of one of my favourite trade setups.

The key things I am looking for in this setup are:

1) MACD has moved above 0 showing the end of the trend.
2) The MACD histogram bar remains close to 0
3) A Stochastic Cross occurs between 0 and 30 - If the MACD conditions have been met, the Stochastic cross acts as the trigger event to open the trade.

Sounds interesting, but I do not think I can help you with this. Success!

jpbelcher posted:
Hi everyone,

I'm currently working on a project to build a database of the most popular trade setups and need your help and input so we can all help each other trade more successfully.

To get the ball rolling the attached image is an example of one of my favourite trade setups.

The key things I am looking for in this setup are:

1) MACD has moved above 0 showing the end of the trend.
2) The MACD histogram bar remains close to 0
3) A Stochastic Cross occurs between 0 and 30 - If the MACD conditions have been met, the Stochastic cross acts as the trigger event to open the trade.

Pin bar setup on support/resistant level is my most favorite! Because, I get more than 90% success ratio from pin bar trading setup! Actually, I am talking about higher time frames pin bar setups! Lower time frames are unpredictable; usually I don’t use one hour and below time frames! H4 time frame is my best choice with D1! And of course, I count trend status for verifying my trade setup!

Pin bar trading setup is my favorite; for the reason that I get more than 90% accuracy by this popular trading setup of market! Besides, I use EMA5 and EMA50 for filtering my entry point! I basically use pin bar setup in the support and resistant level, and sometimes I also use intraday accumulating zone if I get any valid pin bar setup!

Nice to see your trading setup, actually till now I have no favorite one, now I am working in my demo account and developing my trading skill! In addition, in near future I want to work with both kind of market analysis, and I sure then I’ll have multiple favorite trading setups! And of course, I wanna be a professional Forex trader!

Pin bar combined with double top or bottom. Sweet set up

can you show some results

Bullish divergence followed with Stochastic (5,3,3) signals above 50.
Bearish divergence followed with Stochastic (5,3,3) signals below 50.

TeaFX posted:
Pin bar combined with double top or bottom. Sweet set up

I like pinbar, insidebar setup for trend continuation.

For my good is inside bar, I have one indicators for inside bar.

AmDiab posted:
Pin bar trading setup is my favorite; for the reason that I get more than 90% accuracy by this popular trading setup of market! Besides, I use EMA5 and EMA50 for filtering my entry point! I basically use pin bar setup in the support and resistant level, and sometimes I also use intraday accumulating zone if I get any valid pin bar setup!

Thanks for the feedback AmDiab. Do you have any screen shot examples you could share?

Also how are you using the EMA5 and EMA50 to filter the trade? Is this to trade in line with the dominant trend or are you using the EMA's as dynamic support/resistance lines?

fxwisdom1 posted:
Bullish divergence followed with Stochastic (5,3,3) signals above 50.
Bearish divergence followed with Stochastic (5,3,3) signals below 50.

Hi fxwisdom1, would you have any screen shot examples you could share?

Thanks everyone for starting to contribute to this thread, the more examples we can get the better.

 The reason I am looking for feedback is because we have built a plugin for MT4 which allows you to automate and customise your trade setups in a matter of seconds with no programming knowledge.

If anyone would be interested in being part of a beta testing group in the next few weeks please PM me.

Thanks

damienp posted:

For my good is inside bar, I have one indicators for inside bar.

Hi DamienP, is this an indicator you developed yourself?

A favourite of mine is using Pivot Levels (There are many out here like Fibo, Camarilla etc.

I prefer the standard Pivots), and to enter a trades around the R1-S1 area with direction towards the Pivot Point (White Line). It does not work all the time, but when having in mind Daily Trend and good money management some pips can be taken from the market most days (I prefer to use this on Majors).

fxwisdom1 posted:

TeaFX posted:
Pin bar combined with double top or bottom. Sweet set up

I like pinbar, insidebar setup for trend continuation.

Pinbar; insidebar and outsidebar are my 3 most favorite trading setups! I mostly make my real my real money by using these setups!

Ema 20 and Ema 40 + stochastic

the setup?
no manual non precise not backtested trading
EAs running 24/7, diversifying risks, executing orders with minimum delay, day an night
backtested and optimized.
trading many accounts

How could you achieve this by manual trading