Here is the system
Here is the system.
Indicators:
Bollinger bands: 12, div2
SS: Default Settings
Zigzag Point: 19, 2 ,3.
Ravi FX Fisher 4, 49, 0.09, 5000,
ang_AutoCh_HL-v1: 12
This system is based on signals based on the SS and ZigZag Point.
When both appear they confirm the buy or sell.
However since the ZigZag Point works like a ZigZag and moves with the trend
You may see the buy/sell arrows keep moving with the candles.
To overcome this, I’ve tried placing orders with stops above and below the candle
on which the signal appears. But if the candle is too tall then I use the re-entry into the Bollinger Band as the signal to enter the trade.
Signals always appear even on thin markets, so I use the Ravi FX Fisher to stay out of flat markets. If you enter a position, and the exit/reverse signal appears while RAVI FX fisher is inside the band then exit only. Some times I also use the “ang_AutoCh_HL-v1” to stay out during narrow ranges.
Fell free to play with it and make it better. It can only help our trading.
I’ve got a lot of good stuff from all of you. Now I hope I can give you all something in return.
Sincerely,
FX-Hedger.
Last edited by FX-Hedger; 05-28-2006 at 04:32 PM.
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