Was not sure where to post this but looks like a good starting place.

I have decided to post this system here in the hope a programmer will take an interest and help us with an EA.

The system itself is very simple but I have 39 charts open to trade 13 pairs, thus the need for an ea.

The system is based on two other systems that can be found here in the forums, Follow the bouncing pip and the xpma systems.

How To Trade It.

Use 4 hr charts only. The Zig_Zag_Pointer is used to show us which kind of trade we are looking for, up arrow –looking for buys only & down arrow – looking for sells only.
Use the xpMA to enter trade. Only enter if both Zig_Zag_pointer & the xpMA arrows are pointing in the same direction if while we are in a trade and the xpMA gives us an opposite signal, exit trade and wait for next arrow going our way.

Stoploss and Trailing stop – both of these are set buy the ATR (14)

The requirements of the EA.

To follow the rules as above & split trade at user level. Eg. We enter a buy trade with 0.03 lots at 1.9000 and user has set the split at 50. So at 1.9050 the EA close’s 0.01 lots, at 1.9100 it close’s another 0.01 lots. Now the last 0.01 lots is left to run until it hits the trailing stop.

Yes we still get a few losses but not that many. A live demo account can be seen here - Statement: 1075963 - Barry Rumsey updated every 60 mins.

Attached Images

Image3.jpg (161.7 KB, 714 views)

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Forex Dunedin NZ

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Why i love this signal is...

Maybe I should explain why 39 charts.

13 for pairs I'm trading (1 chart per pair) This has the xpMA ea set to long only or short only depending on the zig_zag_pointer.
13 for the ATR EA ( 1 chart per pair ) this is the one that sets my stoploss and trailing.
13 to manage my lots (1 chart per pair ) this is the managetakeprofit ea which closes 0.01 lots for every 50 pips.

The only group I need to keep an eye on are the first 13 so that I know when to change from long to short.

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Forex Dunedin NZ

Could you please share your indicators and template? thanks

Here is the basic set of templates and indi's.

They may not look the same as what is in the image, but the system is still the same.

Attached Files

System Zip.zip (374.5 KB, 179 views)

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Forex Dunedin NZ

Good work basza.

Coud you upload some pictures with instructions and realized trades with 1 0 1 explanation.

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Thanks for share this system Basza, how long did u use this system?

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Forex Indicators Collection

Hi Linuxser,
Thanks. I will try to add some images this weekend as I'm not to good at explaining things clearly
Hi prasxz
Thanks. I have been mucking around with this idea for about the last 6 months. I love the zig_zag evn if it does repaint it was just a matter of finding another indi for entery. I'm going live with it on the 1st September.

I have found an ea that would do what I was looking for and have been trying to change the code to use xpMA indi and the zig_zag_pointer, but being only a cut 'n' paste guy I'm having no luck. The ea is the "Sonic_StoIK" ea. This has the ATR and the close part trade code in it.

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Forex Dunedin NZ

nice setup , can u please explain a little with visual .
thx in advance.

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