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Hi back, i just tried the system whit a nice profit but see what just happen.... Attachment 58879
As you can see Yur4ik dosent make the job and havent call that correction that cost me 110$...
Exept that system make sens, but his in fact repainting al the time, so it only give you an idea about trend direction. Tonigh on Asian session #3 repaint 3 TIMES!!!! and i'm not talking about #1... that his always repainting.
That system give you only general idea that you can found by looking wide range chart. Sure it help to give reference about Hight and low, but that's far from perfect.
So! For me i'm adding Barry support and almost only play break. Some correction by 2ma/5ma cross whit nonlagdot make sens also but still risky when you got a fibs near that will stop correction push.
okey thanks jessica, i will try this today.. u guys im sorry, i dont mean to be harsh or hard headed.. just that i really like this system. why not we improve it and after we all truly satisfy with this system performance we can ask nittany, cja, tro, CG to help us build some good EA base on this system.. even the admin and mods here are a good programmer so dont worry about EA's.. if there is no system then there will be no EA also.. so im truly sorry u guys for my word before
thats the problem bro.. we just cant find the most suitable entry indic..
are u using the demark tools there? can the indic be apply to this system?
the zigzag is always repaiting because that what zigzag do.. we can look for candle formations or breakout.. not for entry signal.. sometimes it work but too risky
thats the problem bro.. we just cant find the most suitable entry indic..
are u using the demark tools there? can the indic be apply to this system?
the zigzag is always repaiting because that what zigzag do.. we can look for candle formations or breakout.. not for entry signal.. sometimes it work but too risky
Dam, making circle here!
I'll try I-xo indic but since it lag... does Jessica using EddyFx Config, found how to work whit?
Zig zag dosen't bug me fact i don't look at it that much, as you say its almost his job to repaint. (I'm using nonlagzigzag_v2).
Demark is fine but annoying so i cut the alarm. Demark only tell you when price broke a tendance, it wont tell you if that tendance will still go on. It only cut tendance signal, that can (and often) go back.
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Hum! As said before for now the best at my opinion is:
#1-On correction or rebounce wait for 2MA to cross 5MA whit blue\red dot, confirm whit MACD Stochastic and I-xo or Yur4ik. Exit at next fibs or price hesitation.
(Hard when you got alot of line near each other).
#2-On Barry break, confirm whit MACD, Stochastic and suitable entry indic (lol), exit at next fibs or price hesitation. (Wait for new high).
Make sens?
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All those 123 are helpful, but since they repainting, its only approximation from current trend, not even Multitimeframe, or daily compiled info.
I'll look around for that magic entry indic.
Soon and thx 4 info!!!
inzider the yur4ik indicator is repaint..please don`t trade only focus on this indicator..i saw you put stochostic already , your stochostic slope direction is down already, why you trade buy.(don`t trade only with yurik indicator)..if you don`t want use the cross of macd or the cross of MA to enter the trade..that fine, u can use the cross of stochostic and always use nonlagdot to confirm it..
for buy, first look the bolinger band (at downline)and the zig zag(already down too) ...always notice trade only the juice indicator is in the green color,,,,.than if u see the the cross stochostic happened just wait for the nonlagdot change to be blue..if the nonlagdot already blue just open your posisition..don`t be a greedy trader.
sorry my english is bad..maybe limestreamx can explain you more
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Gracias
Last edited by Jessica keough; 04-11-2008 at 03:35 AM.
inzider the yur4ik indicator is repaint..please don`t trade only focus on this indicator..i saw you put stochostic already , your stochostic slope direction is down already, why you trade buy.(don`t trade only with yurik indicator)..if you don`t want use the cross of macd or the cross of MA to enter the trade..that fine, u can use the cross of stochostic and always use nonlagdot to confirm it..
for buy, first look the bolinger band (at downline)and the zig zag(already down too) ...always notice trade only the juice indicator is in the green color,,,,.than if u see the the cross stochostic happened just wait for the nonlagdot change to be blue..if the nonlagdot already blue just open your posisition..don`t be a greedy trader.
sorry my english is bad..maybe limestreamx can explain you more
Hey!
Thx for the tips Jessica, your right i traded when Stoch had cross, on 5 min it sometimes makes rally at top. But your absolutly right about it!
To be honest i don't think you need the bollinger band as juice. If price is over 21MA its up trend, under it its down trend, 89MA is major break as 200MA... I personnaly remain only on Barry break and 2MA/5MA cross/nonlagdot, confirm whit MACD ans sto. 4 sure it better to play opening or close for nice Juice
I think the only thing we need now is a suitable entry indic. Whit that i would be sure to get 9/10 trade. No joke.
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I would reduce entry signal to 2MA/5MA cross whit nonlagdot and MACD\Stoc and maby I-XO confirm. (Bolinger band and zigzag signal would maby be more usefull on a "follow bouncing pips" (see trading system from BigBear) system, scalping dosen't follow trend for ling like that (personnaly).
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I think its a perfect system, all we need is a more suitable entry indic.
My 2 cents, hope it helps!
(By the way, i'm aint english native either - french here from Canada/Quebec, so no shy! What's your native language?! )