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08-10-2007, 03:03 PM
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I think it will have more than 5 pip profit per month. If it trades 2 times every day on eurusd it wins 4 pip = 40 dollar a day. 40 dollar a day * 5 days = 200 dollar a week 200 dollar a week * 4 weeks = 1000 dollar a month So far today on eurusd it has done 3 trades = 60 dollar profit and the day isn't over yet     
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08-10-2007, 03:49 PM
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Can you post your MT4 indicator for fractal? Thank you.
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08-10-2007, 06:02 PM
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I did test that strategy on an excel file long time ago and itīs not worth it.
You can buy/sell set tp=2 pips anytime and will have a +90% change TP will be hit before margincall. Problem is, one day margin call will noc at your door. 10 pips SL is a waist of time. Cheers Carllos
__________________
"Hoe ur pips mate?" 
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08-10-2007, 09:13 PM
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Fractal ZigZag
Here is the Fractal ZigZag, its one of my preferred indicator. Very easy to look for patterns expecially the 123 pattern. Its one of the best fractal indicator I think.
Enjoy...  Last edited by bossxero; 08-10-2007 at 09:15 PM.
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08-12-2007, 09:55 PM
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Does this indicator repaint the past?
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08-13-2007, 02:16 PM
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So we skip 10 pip stoploss and let the price come back to us several bars later like a grid-system. Can you fix this ea with the source in thread? Last edited by jorgeng; 08-13-2007 at 02:26 PM.
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08-13-2007, 04:54 PM
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hi
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=================== Forex Indicators Collection
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08-13-2007, 05:01 PM
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__________________
Take care, Sulz.
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08-19-2007, 08:31 AM
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One big problem of the fractal indicator is that it is always lagging! Moreover, i do not think that the reward risk ratio in such a system is worth the whole setup. Sorry, but this is my opnion.
Regards Yanni Welcome to My Fx Report - Live Forex Trading
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08-19-2007, 11:03 AM
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'Fractal Technical Indicator: it is a series of at least five successive bars, with the highest HIGH in the middle, and two lower HIGHs on both sides. The reversing set is a series of at least five successive bars, with the lowest LOW in the middle, and two higher LOWs on both sides, which correlates to the sell fractal. The fractals are have High and Low values and are indicated with the up and down arrows.' (Fractals — Technical Indicators, Technical Analysis) It shows short term support-resistance when formed, and when price exceeds the previous fractal it is a clear indication of something... You must of heard of the higher highs lower lows mantra?
__________________
Take care, Sulz.
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