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Old 08-22-2007, 08:40 PM
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Quote:
Originally Posted by forex11 View Post
hi hexidecimal, the moving averages are a 5ema/close and a 12ema/close.

I use them for once I am in a trade they help me see how strong a trend could be.the wider apart they are it always seems to be a strong trend. but I don't use them for entry,s.
Thx for the fast replay.
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Old 08-22-2007, 11:51 PM
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Lightbulb Testing EA

ZMax,

I am testing your EA tonight on the G-U 15m TF with a TP of 10. With these settings I'm just trying to get a reaction from it to see if it works right. I'll let you know what happens tomorrow. BTW, I'm still testing your other EA on the 4hr TF but so far no trades have occurred this week.
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Old 08-23-2007, 12:00 AM
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Helpful filter, maybe

Bear: Great, simple system! I have been looking and looking - I think I can trade this one!
Currently in GBP/USD (4 hr) with +122 pips! (I gambled and went in late, but it's just a demo account) - I wanted to get a feel for the system. Had I been able to get in with the signal, I would be over 200 pips now.

There has been a lot of discussion of filters for this system on this thread. So, I started throwing indicators at the window. One has stood out so far - RSI. It does not turn the strategy into the holy grail - but I've noticed a significant number of the successful signals have the RSI at or above 70 (short) and at or below 30 (long).

Someone else want to take a look and verify? I haven't been able to forward test, since I haven't seen any signals since I started reading this thread...
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Old 08-23-2007, 12:28 AM
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Have you noticed NZD/USD

Have you noticed NZD/USD run today and do very well with Bouncing Pips? I can see where this pair is going to be fun to trade. It is by far my favorite pair with this method. The indicators work very well with this pair. IMO
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Old 08-23-2007, 01:46 AM
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Talking Just Wondering

I was just wondering if anyone is following the original method on the 4 HR with either the G/J, U/J or E/J?

If you did then all those stupid little losses from last week that freaked out everyone are now destroyed by the following gains as of right now:

USD/JPY + 435

EUR/JPY + 775

GBP/JPY + 1190

Mix those numbers with proper MM &.....

Nuff Said

Bear-
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Old 08-23-2007, 04:17 AM
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changable zigzag pointer setting

Zmax,

Thank you for the EA. I wonder if you could make the zigzag pointer setting changable for your EA?

Beconan
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Old 08-23-2007, 07:46 AM
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Smile Money management

Hi Big Bear,
I follow your KISS system and it is profitable.
However my profit is not as much as yours on GJ, probably due to not proper MM.
Could you explain a bit about your MM for 4H GJ and others.
1. What first SL you put (SL=60 on your first post) ? is SL=60 also proper for EJ and CJ?
2. When you put BE?
3. When you remove SL and move to another stop?

Thank, and a smiley KISS for you
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Old 08-23-2007, 08:01 AM
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How do you even begin to catch that many pips bigbear
I always get nervous once Im up 100 and start easing out.

I guess its just a mater of patience and time doing it.
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Old 08-23-2007, 08:25 AM
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Hi,

turnupvol: download from your boker backtest data and test it on that. It goes faster and you can see possible problems there, if any.
beconan: what you wanted to say with: "zigzag pointer setting changable"? Do you want somehow to replace the zigzag pointer signal with the signal from another indicator?
Bigbear: I would also like to know how are you moving the stop loss when you are in a good trade. And which is the correct value at start: 20 or 60 for Eur/Jpy. I'm asking because i've seen both versions in the first page of the thread.
Also another thing: if you loose a trade at bar X, your 60 points stop was hit, do you replace the trade on the same bar right after that or wait for another bar with signal?

Thanks, Victor

Last edited by zmax; 08-23-2007 at 10:39 AM.
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Old 08-23-2007, 10:42 AM
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The nonlagdot indicator seems to be usefull for those who want to test it.
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File Type: mq4 nonlagdot.mq4 (4.7 KB, 281 views)
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