Hey Nix,

I have done everything you said & all I get is a grey icon for your EA.

I have taken 3 losses for 40 each. I will wait out this trend. Im done for the week.

I want to thank you for trying to make this EA but I dont know what Im doing wrong.

This is not the first time I have installed an EA so I dont know whats up.

Thanks,

Bear-

After following this system this week it looks ok when looking back on the chart. I believe that this system could work but a better way of confirming the entry would help.

On a 4 hr G/J chart I have the zigzag pointer and the nolagzigzag showing at the same point ( 230.17 )pointing upward. But looking at one of my other indi’s on the chart, it shows G/J could be going down to around the 226.30 area if not further.

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http://westauckfx.oxyrack.com/

hard to say and really hard to predict only probabilities i am too researching this aspect but from different point of view .. i think zigzag is very powerfull indicator , i have not thought about any filters for zigzag validation cause i know it just wont work.

USD/CHF

Sold @ 1.2206

we will wait for the rest of the signals to confirmed



cheers

nice one nix. We need to put in idea to improve this system. Maybe it will become complicated and is conflict with KISS idea, but lets hope contribution from everyone to make a profitable system. Basically,what i am doing is to find the bigger trend, lets say gbp/usd is going down on bigger outlook, so i will look into 1H tf to find the selling signal to enter, vice versa. What do you think guys?

this is good idea and similar things i am currently doing too , trading with trend , also discussing this would become a new system and should have it's own thread so we don't break bear's original system and thread.

well I was kind of right. It did go down to 226.30 but it also went alot further than what it said on my chart

Demo account with EA is beeing slaughtered. I´ve seen less blood on Alien 4.

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"Hoe ur pips mate?"

Well, I just started going to the lower TF's to trade, with a lot of success. Got all my earlier losses back and then some, of earlier this week. I check the Daily, 4hr, 30M, for trend and then just trade in that direction [while there is a strong trend like today], but I trade from the 1M/5M/15M time frames. It is working for me today. IMO

No filter mate - money management: count your losses on demo, and see what targets you need to cover them and make profit, then see if the market can give you on average what you need.

Another thing is to try and get into a bigger trend with a smaller tf, like someone suggested above

Also, stick to it for half a year the way Bear trades it, and you too will get there. Unfortunately that is the most difficult part and many of you wont succeed in it and will continue to try and filter bad signals of good methods rather than simply sticking to the original sound plan - I KNOW cause I've BEEN there, DONE that and LOST the Tshirt