First of all I would like to thanks to Bear for your good effort to ensure the system working and profiting.
I just want to show how I trade Bear's system by using laguerre indicator which I use it as trend signal.
Setting:
1. Set blue laguerre with gamma value = 0.6
2. Set red laguerre with gamma value = 0.8
You need to drag the second laguerre on top of first laguerre.
How to use it:
1. Use red laguerre to observe the price trend
2. Use blue laguerre as price retracement or reversal and entry level.
As you can see the yellow dot keep repainting same goes to the arrow signal (you don't see it there) which we believe the price already reached its limits.
This is where we want to ensure the price is totally exhausted or it indeed reached its limit.
Ok how they would help. Look at the Red laguerre, as long as it remains top above level 0.85 they price remains high and higher. Same goes to blue laguerre if it remains above level 0.85 the price remains high and higher.
But DO NOT enter your position within this level. Why? Event the price keep getting higher and higher but the possibility for it to turn down is there!
Don't buy on high price.
So then when we should enter our position. Wait for blue laguerre move until it reach bottom but if red laguerre start moving down. Stop clicking on buy button otherwise you might enter on the reversal trend. If reg laguerre remains top and feel comfortable in there, click buy button with your both eyes close!..
. But I dont really recommend to enter position while red laguerre is already on high level. The best way to enter is wait for it to start moving from low price below level 0.15.
Last but not least, for SELL position just do it on opposite direction.
Good luck and happy trading.
Perhaps this will help some.
Cheers
-himurasemi-