thanks for the advise,

fellow traders , wish you all succeed with this strategy i would like get some insights .

1-if we start trading on GMT 00 then what about the influence of economic data ?

2-what about the optimal SL ?

3- Steve refered that he sets his TP to 2 stages the first is 50pips the second was fibnacci then is this the optimal exit some other members refered to other exiting strategy but no one did comment of the optimal one .

4- does this strategy works with all JPY crosses or just GBPJPY ?

5-what if we post some statments so we all get some ideas & work on developing some new Features , alerts & so on .

Hope we have steve here to comment , i have been chatting with him someday he said this can return 20 to 30% on capital investment then i think this cna beat any if it is safe than martingale & blind correlation trades ..

hope those interested to post their comments ASAP maybe we are loosing pips waiting for others to post some new ideas ..

Happy new year for all full of pipsssss

For S/L, you should actually determine how much you can risk to lose. The GBPJPY is very volatile, it can move up and down by as much as 100 PIPs. If you feel it too much of a risk, I would just grab for small profits and then retreat. I have been grabbing just 80 PIPs with a S/L of 50. And guess what, a little later, the GBPJPY turned the opposite way giving more than 90 PIPs [I did not trade the reversal].

thx dude , what about people here trading it live or demo ??

Hi !

Look at picture above... you don't need to have precise hours to trade, because a cross can happen in tokyo/london/ny session.

I have just setup my chart with original settings, more HMA36 who need to be tested but seem to be accurate with false signal (it's the big green/red curve).

I'm follow it on 6 pairs (gu, gj, gb, aj, ej & uj) and with a good MM an a target of 50 pips you can make good pips every days...

Write me a PM if I can help you

Attached Images

gbpusd.gif (24.1 KB, 733 views)

Hi Steven:

Thanks to you and all the great minds involved in this excellent thread working towards creating a wonderful trading system. I have only recently started familarizing myself with your system, 24 hours to be exact and I have already profited over 100 pips just playing with it. Proof attached.

I am not a coder, but the question I have is would it be possible to alter the two main indicator codes namely the PrevDayAndFloatingPivot.mq4 and PivotCustom_4TimeFrames.mq4 such that a trader can manually alter the time at which fresh lines are drawn on the charts.

At present this is only done at 0:00 GMT, but I was wondering that if an external option is created such that these lines can be redrawn at 8:00 GMT for european pairs, again redrawn at 9:00 GMT for the British pound pairs and finally redrawn at 13:00 GMT for US dollar pairs. This way it might be possible to protect any gains that are already made and be prepared for any turnarounds.

Best regards.
Raju

Attached Images

OnePivot.bmp (1.45 MB, 743 views)

The Only Pivot Thread is now located in Manual Trading Systems section.

The old link in Suggestions for Trading systems sections will be available for a week since now.

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Remember: Signatures must have three lines as maximum

I will try and post daily trades for your review. I only trade GBPJPY and here is my MM:

I open with three (0.30) mini lots on 10K standard account. I close one (0.10) mini lot at +50 pips and move the SL on the remaining two (0.20) lots to BE+1 pip. I close one more (0.10) mini lot at +100 pips and move the SL on the last (0.10) lot to BE+50. I close the last lot at +160 pips. The max SL is -100 pips. I will usually get a reversed signal before hitting the SL.

Note: Enclosed you will find an EA that manages trades by setting the TP and moves the SL automatically. Be very careful with this EA because you need to reset it after each trade. I have also included a preset file. This EA Does Not Place Trades! You have to Place the Trades Manually.

Note: The MTP_1.8 EA goes in the \experts folder. The preset file goes into the \experts\presets folder and the sound files go into the \sounds folder.

Edit: Uploaded MTP manual. Also, I am no longer using top_50_100_160_max100 anymore I have decide that I want less exposure and now use top_50_110_max75.

Edit2: Uploaded new version, MTP_1.8, which fixes a few minor bugs. The bug fixes were done by SwingMan.

TimeFreedom

Attached Files

	sounds.rar (211.4 KB, 377 views)
	top_50_100_160_max100.set (311 Bytes, 284 views)
	top_50_110_max75.set (304 Bytes, 281 views)
	MTP Advisor4FF.doc (153.5 KB, 168 views)
	MTP_1.8.mq4 (10.8 KB, 124 views)

__________________
"Believe none of what you hear and half of what you see."

Today 50 pips

Attached Images

MyTrading.jpg (70.8 KB, 659 views)

We share our experience with this system during live trading.If Intrested you join us .

http://www.skype.com/go/joinpublicchat?skypename=jmuhil&topic=ForexGuru's& blob=1NZ1UfUEdtQoZfxpDlsJ80cavTKIN1yvtn0kWB9snmU6d 0LEl-IES4jKsbDet1JPJaYWvnR1vBSmfvUy6dvRi9GBW7yQ

I usually login at 23:00 GMT/6 EST

Thanks

MJ