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I hope you maxed out at around 50 cuz last time i checked it was falling against you.
Good Luck & keep me posted.
Bear-
You are right, price turned against me, but I had already moved my s/l to lock in 15 pips of the move. When I checked on the trade a little later I saw that I was knocked out of it. Today's total +212 pips!
I have applied this to my charts & I must say I like it. When you change the settings to match the POINTER it aligns perfectly, warps & all.
A few questions if I may.
1) Whats BARN?
2) Whats FROM?
3) Is there a way to have the audible go off more than once?
Thanks for all your help,
Bear-
Hi Bigbear,
Very nice thread! I have been following this one for a few days.
Maybe I can give a try to the questions:
1) BARN = number of bars to use
2) FROM = most recent bar to start with
3) Alert signal is set to every new bar which meets the conditions
you know bigbear... the move of stop to break even after certain response on the move can really be powerfull for the overall performance of the system... as it may reduce considerably loses and make a much better RRR...
your output on that case is : or you make good $$$ or you just walk out even ...
Hey walterw,
If I get the chance to break even or more i always take it. Although I like to be carefull not to make the stops 2 tight.
I made that mistake about 2 weeks ago & got stopped out with +150 the it went over 1000!!!!!
I kicked myself for that. But 1000 pip move in a trading week in not uncommon on the POUND/YEN.
You are right, price turned against me, but I had already moved my s/l to lock in 15 pips of the move. When I checked on the trade a little later I saw that I was knocked out of it. Today's total +212 pips!
Hey jtre,
Very good job!!
That shows how easy it is to just jump in. Learning curve is small as long as you dont try to complicate it.
Im saying it cant be improved upon, but by itself it works great!!!
jtre are all those pips from using the bouncing pip system?
Hey droesparky,
I should have said something from the start but we call this system FTC which is short for FLOOR TO CEILING. In case you see it elsewhere that is the orignal name for the system. Not that its a big deal or anything but copycats run wild in the forex world so just so you all know..
Very nice thread! I have been following this one for a few days.
Maybe I can give a try to the questions:
1) BARN = number of bars to use
2) FROM = most recent bar to start with
3) Alert signal is set to every new bar which meets the conditions
regards,
nohills
Hey nohills,
Thanks for the info.
About the alert i meant is there a way it can keep ringing until we stop it. Like if im sleeping I wont wake up with that little ding
...
Linear Mode
