Hi Linuxser,

I have a question in reference to the Buy/Sell area of this indicator...
Can you tell me how often this areas data stays the same or how often do you need to check for changes ??
It is the area you stated to be:

use this information to setup orders if you cant be in front of the PC.


Hope I have explained my question correctly for you.


thanks in advance,

leighton

IT stay there for 24 hour depent on where and what mt4 stasion you use . the most important is your pivot pint , you have to sigcronize it with your dailypivot calculation or daily pivot piont indi . Hope will help .cheers

Hi linuxer , yesss I have problem with the pivot line , using couple of mt4 stasion ,it very of the point of line . I think it neet time adjustment .cheers

Hi - interesting development - well done.

Can Linuxer or someone please post what the correct buy sell settings are for today, so I can compare correct pivot against my setup.

I am using neuimex feed.

Piv of nextt is good to day .cheers

FYI, an expert advisor with this breakout strategy can be found at http://finance.groups.yahoo.com/group/WWS2006/ under the files section. It is fully configurable as far as breakout range, filtering through optional parameters and indicators, breakeven and trail options, multi lots / scale out positions supported.

Ok thanks - I had a pivot of 1.8711 on the cable, and confirmed this with other pivot indicators.

Based on the information provided by this breakout indicator setup I had a successfull sell stop order that terminated with 2O pips profit.

I am now having a look at this EA that has been posted..

Sorry. I´m late today. Too much beer in the night ...


Pivot for today, pls check.

According to Alpari is:

GBP: 1.8710
EUR: 1.2675
CHF: 1.2509

Neuimex:

GBP: 1.8712
EUR: 1.2676
CHF: 1.2509



GBP: One bad signal for sell and one that I didn´t take to buy (see below why)
AUD: is walking
EUR: one trade open (B 1.2694)
CHF: one trade open at (S 1.2486)
JPY: I hate to trade JPY
CAD: one trade completed, +30

A couple of things.
First: remember to trade only london/NY session

Trigger signal for GBP usd was at same time Manufacturing PMI data was released and:
-if you´re a fundamental could say the market ignored it,
-if you´re technician could say market discounts everything and the news was included in previous price action.

But in both cases we only see one important thing: the channel has a positive slope. Important filter to stay avoid of the sell signal.

About the signal to buy. Was after a move of +60 pips. Look at my previous post for some explanation.

That´s remember one more thing.

There is no one magical system which you can to donwload, setup, and voila, you´re winning money. Only childrens believes in santa.. And only inexperienced/newbie traders believes in a santa for trading.

The only system who works all time is this with a couple million years of evolution. Your brain.

Regards.

Attached Images

gbpfilter.gif (44.7 KB, 2006 views)

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Thanks man , looking forward to see you there . Cheers

Yep , It is not a bad day to trade today , there is alot of indi giving earlier entry and xst today . Dolly has given couple of signal till now is still in + posistion . straight forward signal take it or live it , whit some good filter dolly will reveal the trend . There is simple way to see it and there is alot of explanation <> so let dolly walk it trought . It no magic just ...... right ? HUUUYYAAA ! Cheers