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I am not getting any orders with the PipBouncerMpower V41. If any member is using this EA . please let me know whether this works or not. I am not new to use the EAs.
I dont understand why not more trades are placed here. I was out today, so trades from my may be expected tomorrow, but this wonderfull bounce strategie is asking for more traders....
Last edited by roodstaart; 01-10-2008 at 05:50 PM.
I think a lot of people are quietly trading it. Do you mind explaining your style of trading this system? Maybe post your template? It looks like you have a good handle on this method.
Of course I could do that, no problem. But.....there is a template on this thread according to mr bigbear guidellines in the spirit of the bounce system.
I use that as a base. And then one has to go and look for confirmationsigns, good ones, that are early (I like them on the minute to take entry and exit).
If building one owns system with bbtemplate as base, one can trust it and trade with it, taking all the entries and exits. And there is where most traders lose money for sometimes they take the trade and sometimes they don't. Because they do not trust fully the system and the signs. So here is my contribution: take the bbtemplate and go experimenting with it. Demotrade it for some months, fine tuning it. Then you learn to trust it and you can start making a lot of money. It is completely useless to use othermans template for you do not know the logic behind it that leaded to that indicators with that settings. I do however have a good tip: use several grafics on different timeframes. When arrows appear on all of them, take the trade...
Of course I could do that, no problem. But.....there is a template on this thread according to mr bigbear guidellines in the spirit of the bounce system.
I use that as a base. And then one has to go and look for confirmationsigns, good ones, that are early (I like them on the minute to take entry and exit).
If building one owns system with bbtemplate as base, one can trust it and trade with it, taking all the entries and exits. And there is where most traders lose money for sometimes they take the trade and sometimes they don't. Because they do not trust fully the system and the signs. So here is my contribution: take the bbtemplate and go experimenting with it. Demotrade it for some months, fine tuning it. Then you learn to trust it and you can start making a lot of money. It is completely useless to use othermans template for you do not know the logic behind it that leaded to that indicators with that settings. I do however have a good tip: use several grafics on different timeframes. When arrows appear on all of them, take the trade...
I am not getting any orders with the PipBouncerMpower V41. If any member is using this EA . please let me know whether this works or not. I am not new to use the EAs.
Please let me know which pipbouncer EA works.
Regards
SIDDESH
The EA works, just not as profitable as manually trading the method.
Are you using all default settings?
The EA was written as a test base to try different trade confirmation ideas. When no one posted any test results, I left the thread. I had hoped some of you would help determine what ideas were good and what could be removed from the code.
It was also hoped that some of you would add new ideas and I would code them for further testing.
Linear Mode
