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  #761 (permalink)  
Old 09-07-2007, 09:43 AM
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Hi, is this what u are tolking about? Picture below is just first hocus pocus. Test is for all August on 1hour TF, 3 enters posible on next signal, open deposit 2000 USD, enter position with 0.1 lot size, SL 100 pips, TP on oposite signal.
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  #762 (permalink)  
Old 09-07-2007, 09:44 AM
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Hi there. Just want to thank everyone who introduced this system to us, big bear, forex11 and the rest of the gang! It works great and I hope we can all profit from it.

With regards to DXTRADE's chart, the arrow and lines touched on both my 1h and 4h charts.

Perhaps Mr Pip could comment on this.

Kind regards,

Zimmer
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File Type: gif h4.gif (43.5 KB, 1014 views)
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  #763 (permalink)  
Old 09-07-2007, 10:09 AM
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Quote:
Originally Posted by zimmerzimmer View Post
Hi there. Just want to thank everyone who introduced this system to us, big bear, forex11 and the rest of the gang! It works great and I hope we can all profit from it.

With regards to DXTRADE's chart, the arrow and lines touched on both my 1h and 4h charts.

Perhaps Mr Pip could comment on this.

Kind regards,

Zimmer
My GBPUSD charts shows arrow and line touch on 1 hr but arrow is on wrong candle for 4 hr even though the level of the arrow looks like it is at most recent high as shown on your chart. Arrow is 20 bars back on 9/3/2007 08:00 candle.

Robert
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  #764 (permalink)  
Old 09-07-2007, 11:23 AM
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MrPip,

The EA i used in my earlier post was using the original rules. Entry was done exactly when the arrow appears and touches the nonlag, not waiting for candle close. The other versions posted were done using some suggestions guys from the forum sent to me. Enter after candle close, use HA, and other things... So the picture is with original rules.
Anyway I think that the thing with spliting the amount in 2, botho open when normal signal and one close at oposite signal and the other trail won't work very well because for example:

They start at the same time. One close first at oposite signal, one trails moving the stop on retracements.
While second runing the first starts and closes from arrow to arrow/stop. When will the second start? What if starts in a not good moment? Please clarify how you intend to solve the "synchronization" of the 2 different transactions.

Thanks, Victor
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  #765 (permalink)  
Old 09-07-2007, 12:13 PM
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Not sure...

Quote:
Originally Posted by pipsweak View Post
That's assuming you would have waited for the opposite arrow to get out. If you were trading this system on a live account, would you have?
Good point pipsweak. I really don't know what I would do. Even though I joined the forum last year sometime, I haven't had time to get involved so I'm just now learning about trading. What's you're advice?
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  #766 (permalink)  
Old 09-07-2007, 12:19 PM
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Quote:
Originally Posted by pipsweak View Post
BTW, are these the same indicators that Mr. Pip posted in post # 721? Thanks.
I used MR. Pip's zigzag-pointerv2 from post #721, and the NonLagZigZag_v2 from early in the thread.
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  #767 (permalink)  
Old 09-07-2007, 02:29 PM
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marko [IRL]

marko [IRL],


What EA have u used there to obtain that graph?


Thanks, Victor

Last edited by zmax; 09-07-2007 at 02:42 PM.
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  #768 (permalink)  
Old 09-07-2007, 03:16 PM
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Bigbear mentioned that he doesn't wait for the close of the candle to enter, but don't you have to wait for the close? If you enter just after the arrow appears and the line connects, you are going to get stopped out when price moves above/below the arrow. You can get stopped out 20 times on the same candle. Or do you wait to set your stoploss after the close of the candle?
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  #769 (permalink)  
Old 09-07-2007, 03:55 PM
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Quote:
Originally Posted by ssdavis02 View Post
Hi all,

This is my first post ever, so bear with me (no pun intended). I hope I'm figuring this right, but even with the false entries, you would gain almost 1300pips from the GBP/JPY chart Brunite posted.

I idealized this a bit by using only the highs and lows for the bars with arrows, but if a stoploss was set at 30pips below the low of each entry, you'd enter on 11 false signals, and still come out way ahead. This is supposing you enter on the next signal after the bar that the stop was hit on (see attached screenshot).

Many thanks to Bigbear and Forex11 for sharing this system, and to all of you gurus who are helping.
Another thing to mention is that your losses would have been more than 330 pips. Saying you would have lost 30 pips on each one of those trades is misleading, because you would have not gotten in at the low of those candles, but rather at the close. You need to take that into consideration. I didn't take the time to look, but I believe the losses would have been closer to 500+ pips.
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  #770 (permalink)  
Old 09-07-2007, 03:59 PM
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Then there are execution errors...also ask youself can you be glued to the screen? and do you have the stamina to continue flawlessly?...do you have the mentality to endure? Do you like to trade this way?

ES

Quote:
Originally Posted by pipsweak View Post
Another thing to mention is that your losses would have been more than 330 pips. Saying you would have lost 30 pips on each one of those trades is misleading, because you would have not gotten in at the low of those candles, but rather at the close. You need to take that into consideration. I didn't take the time to look, but I believe the losses would have been closer to 500+ pips.
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