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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.
Robert
Hey Robert,
I want 2 thank u for all your work on the EA. It seems we (the thread as a whole) have veered away from that. So I make u this promise. Please give me the latest incarnation of the EA(s) you have & I will demo them along with some of my associates & some traders from this forum that I keep regular contact with.
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...
Hi,
I will be of great help if any programmer can code for MTF versions of the indicators so that we need not switch to different time frames.
Hi, roodstaart, can you please post the indicators that you are using for confirmationsigns, good ones.
Hello fellow forexers, I' ve seen roodstaart's indicators on a previous post they look impressive, would like to try them out also. So if roodstaart would be so kind to post them... Thanks in advance.
Though most action took place while sleeping, today is not a bad day. You can check the time of buy and see that it was very close to the low. The advantage may be clear: stoploss very small. Of course sometimes the stoploss is triggered (not this week ). For now it is done, next week we will continue earning pips.
I'm looking at 4h hour charts, and according to BigBear rules with MFI touching 20 and 80, I can't find any possibilities this week. Everything is sliding and repainting. Am I wrong? What do you say BigBear? Do you trade anything at this moment?
I made some money following zigzag pointer and nlzz, just for the record, thanks to BigBear.
As requested by some people, a view in the setup of the chart.
It is simple: some ma's, some pointers (value in the indicator window is not what I use, so experiment somewhat), some zigzaglines, and no candles but a priceline. From todays arrow up, you can see the higher lows following: good buysignal. The stochastic is a good confirmation with volatile pairs. That is all. Anyone could have made a few pips with this today...I stopped trading about five oclock, for I made enough pips today and weekend is near hand!
Yesterdayevening (overhere anyway) was another perfect bouncetrade possible.
Quote:
Originally Posted by roodstaart
Though most action took place while sleeping, today is not a bad day. You can check the time of buy and see that it was very close to the low. The advantage may be clear: stoploss very small. Of course sometimes the stoploss is triggered (not this week ). For now it is done, next week we will continue earning pips.
Hey roodstaart,
Very very good. I wish others would post results as well. You are doing very well.
See u next week.
Bear-
Last edited by bigbear3391; 01-12-2008 at 03:34 AM.
. You can check the time of buy and see that it was very close to the low. The advantage may be clear: stoploss very small. Of course sometimes the stoploss is triggered (not this week 
). For now it is done, next week we will continue earning pips.
Linear Mode
