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  #1 (permalink)  
Old 09-24-2008, 08:43 PM
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Bar Pivot System

This is just an idea I have been trying to trade but you have to have a very quick trigger finger.
Attached is a chart for you to look at.
I have been using the
H+L+C/3 to get the bar pivot point.
if the open is below the pivot then sell if open above the pivot then buy
TP ?
SL ? & Reversals
Kelly for compounding?

it's very simple

please let me know what you think.

Cheers


Beno
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File Type: gif bar pivot.gif (37.4 KB, 1147 views)
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File Type: zip MM DD v3.zip (70.3 KB, 295 views)
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  #2 (permalink)  
Old 09-25-2008, 04:05 AM
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I think we should be glad that you share the system with us. Just that.

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Old 09-27-2008, 10:56 AM
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here is the EA I will start forward testing this week.

let me know what you think
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File Type: mq4 PEA2.mq4 (9.5 KB, 191 views)
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Old 09-27-2008, 04:32 PM
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Well done Beno!

FerruFx
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Old 09-27-2008, 04:38 PM
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thanks FerruFx

could you perhaps have a look at the mm excel sheet and let me know if it's at all able to be coded
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Old 09-28-2008, 12:41 AM
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You defined which scalp is for Forex Beno.

This system and EA have future.
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Old 09-28-2008, 02:55 PM
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I'm completely missing something here. How are you getting the pivot for each bar?
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Old 09-28-2008, 03:09 PM
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have a look at post one. imho a pivot is a point of potential change. and in trading all we have is potential nothing is a sure thing.


cheers beno
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Old 09-28-2008, 04:16 PM
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Of course I looked at post 1. Goodbye.
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Old 09-28-2008, 04:33 PM
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Gidday robp

Sorry for coming across a bit short I did not mean to offend.
But it is as simple as High+Low+Close/3. from the previous bar

Any way attached is some back tests using FXDD (for what back tests are really worth)


Again sorry


cheers Beno
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File Type: gif StrategyTester.gif (8.3 KB, 882 views)
File Type: gif StrategyTester gbpusd.gif (8.9 KB, 886 views)
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File Type: zip PEA2 Backtests.zip (902.6 KB, 71 views)
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