wlninja,

I can understand your confusion, but believe me, when you do everything that summit has suggested, ie read every post and look at every eg of on this thread atleast 3 times, set up the demo account, load the template and then sit and watch the charts and the candles appear.

It is quite apparent that goldenequity was a very very good trader, and he was good at reading price action. Unfortunately for us, he got run off the forum before he could share any filters he might have had in place. Every system/method requires filters, and it will always have losses. Trick is to keep ur losses small in number and and winners huge.

What this thread has developed into is people (and good traders), taking a raw ingredient, adding their own spices to it, and making a delcious dish. It is a fantastic thing that rad has done. You are free to not use the indicators, or add your own, as personal preference. GE used the chart free of any additional indicators. ITguy used the mtf stoch from spud's system on FF. Everyone is using what they feel happy and comfortable with. The good thing abt this thread is that majority of the ppl are wanting to take the system to a better and higher level with mutual effort. Result = everyone benefits.

I have found just on visual observation, that you can keep the sl very very tight. I have kept the sl as the opp high/low of the alert candle, and it has worked out fantastic. On demo ofcourse.

Just load the indicators, and watch the charts. Nothing like learning on the job.

Good luck to all.

Regards,
K.