Thread: Simple 5 Min Gold (XAUUSD) Strategy

Second 1:1 for now, price almost touched my sl but it reversed and I closed for a 1:1. Loving this thread so far. Only 1 question, if I compare the macd(1,13,1) and (5,13,1) the last one seems to be way simpler to trade... any motive for the (1,13,5) or could I just use the (5,13,1)?

Continue the good work!

Originally Posted by ;

second 1:1 for now, price almost touched my sl on demo, but it reversed and closed for a 1:1. Enjoying this thread so far. Only 1 question, if I compare the macd(1,13,1) and (5,13,1) the previous one appears to be way easier to exchange... any reason for the (1,13,5) or could just use the (5,13,1)? Keep the fantastic work up!

Its ok. But purpose of mine settings for MACD is to peoper adjust highs and lows compared to Price highs and lows... Sorry English isn't my speech, I do not know how I clarify.

Straightforward look at lowest or highest candle then compare it using MACD Curve. . MACD lowest or highest bar should be under the price lowest or highest. .

Hope you know,, if not then I shall clarify with images.

I think everyone would profit if you could clarify it using two or a image, so it's rather understandable your english is good, I see your from pakistan, no issue.

Anyway in the Event That You describe your last post and what you mean by comparing to the lowest and highest candle to the macd curve it would be appreciated

Originally Posted by ;

I think everybody would benefit if you could explain it with a image or two, I see your from pakistan so that it's rather understandable your english isn't that good, no issue. Anyway if you clarify your last post and what you mean by comparing the lowest and highest candle to the macd curve it'd be appreciated

Okay Look, if I set MACD ON 5 Min Chart wuth these configurations ( 5, 13, 1)





and if I set MACD ON 5 Min Chart wuth these configurations (1, 13, 1)

ok I know , but do u do this to understand what's the lowest stage, or if the low or high may be used to draw a trendline (so if the lowest macd wouldn't be the lowest candle, you wouldn't utilize the low to draw a trendline)

because if I use your own settings the lowest point in macd often still isn't the lowest point in price like this:



here the macd high and price high aren't the exact same even though the macd is set to 1,13,1 thus does this imply we dont utilize this high to draw a trendline if this occurs or do we just ignore this and draw the trendline using the price high?

This should be my final question, thank for you patience

Originally Posted by ;

okay I know that, but do u do this to know what is the lowest stage, or if the high or low can be used to draw a trendline (so if the the lowest macd would not be the lowest candle, then you would not use the low to draw a trendline) because if I use your preferences the lowest point in macd frequently still is not the lowest stage in price like this: picture here the macd high and price high aren't the exact same though the macd is put to 1,13,1 thus does this mean we dont use this high to draw a trendline if this occurs or do we just ignore this and also draw the...

Your doubts are also my doubts but English isn't my thongue so I usually wait for somebody else to ask

Keep asking if isn't a problem for rozeweb...

Originally Posted by ;

ok I know , but do u do this to know what's the lowest point, or if the low or high can be used to draw a trendline (so if the lowest macd would not be the lowest candle, then you would not utilize the low to draw a trendline) because if I use your settings the bottom point in macd frequently still is not the lowest point in price like this: image here the macd large and price high aren't the same though the macd is set to 1,13,1 so does this mean we dont utilize this high to draw a trendline if this occurs or do we simply ignore this and draw on the...

Hello, Nevie2, I know utilizing these settings some curves are not accurate as price. But those are somewhat less than using default settings( 5, 13,1 ). You can check yourself.
Settings ( 1 , 13 . 1 ) are more accurate than default settings ( 5, 13, 1)

2nd it is not most important, we have to see just price highs lows and MACD highs lows.

3rd, you can ask questions as many as you desire. Questions will increase your and other traders knowledge including myself.

I believe an extra issue is, the MACD is an Oszilator meaning that if the market is currently dropping power and some volatility MACD will show this in a divergence. Whichs means also, price is making a higher high but also the MACD bars are lower...
I think that's a point which we have to include in our thinking and appearing on the screen.

Originally Posted by ;

I feel an extra thing is, the MACD is an Oszilator which means that when the market is dropping some volatility and electricity MACD will reveal this at a divergence. Whichs means furthermore, price is making a higher high but also the MACD bars are lower... I feel that's a point that we must include in our thinking and appearing on the monitor.

Hi Jeffray

Thanks for your idea. I'm already discussed here and I've opened a new thread for Divergence https://www.nigeriaforextrading.com/...s-signals.html I shall mix both egy then place a few more techniques so that we shall have a superb trading platform

Just await my new upgrade. . And please keep indicating me new thoughts.

No Indior, Simple egy. . 10 pips profit