What I really like about the S/R indicator is that it alerts you when a S/R zone is entered. So, when an alert is received, I simply look at the chart to see if I can start the EA based on the rules above. If rules not there, then wait for next ...

FX Rogue Wave 6.4 Trading Journal

New Rules being followed during this test. Entry points must be straddling outside of Support and Resistance band using indicator above. There must be no S/R bands near entry point allowing clear path to target exits Limit of 3 martingale iterations ...

FX Rogue Wave 6.4 Trading Journal

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FX Rogue Wave 6.4 Trading Journal

Had a good week in doing so. Max 3 trades in sequence to close. Most closed in 1. Adjusted TE to show beginning of this addition.

FX Rogue Wave 6.4 Trading Journal

Been looking for a chart condition to limit trade sequences to as few trades as possible using FX Rogue Wave. Found this S/R indicator that is pretty impressive. Will start straddling S/R instead of arbitrary tops and bottoms. Credit for indicator ...

FX Rogue Wave 6.4 Trading Journal

Nicely done Arby! image JDVA, I am forward testing with your recommendations. Look right?

Looking for an EA to test my theory - TBA ForexScotty's EA

I have noticed that once the Trailing Stop is established, the portion to close the trade after x minutes does not always work. But, that could work in our favor on a strong price movement. It is the larger wins on some pairs that offset the 20 pip ...

Looking for an EA to test my theory - TBA ForexScotty's EA

Some pairs are better than others. image url

Looking for an EA to test my theory - TBA ForexScotty's EA

For the Scotty EA FX 1.6, you load on individual charts. I have been using 30m TF

Looking for an EA to test my theory - TBA ForexScotty's EA

that could be tested if Arby can add the CCI variable into the settings that could be adjusted. What do you think Arby1108?

Looking for an EA to test my theory - TBA ForexScotty's EA

Here is what I am using on the Demo account with TE image

Looking for an EA to test my theory - TBA ForexScotty's EA

I would be interested in know the DD when no SL was being used. I bet some of the trades last weeks or months :-)

Looking for an EA to test my theory - TBA ForexScotty's EA

You can tell the EA to set the stop loss. It should read Set_SL = TRUE. I was using the CompuForex EX on a separate chart before that was setting the stop loss when we got 1.6. So I had the 1.6 Set SL set to false. image

Looking for an EA to test my theory - TBA ForexScotty's EA

Yes, I use 75% trail not 50%. I was trying 50 when I took the screen shot. My apologies for that. But anyone can try any setting they want to see what works best.

Looking for an EA to test my theory - TBA ForexScotty's EA

image I use these setting to create a break even point. But, I could see that using a redundant BE point may have value.

Looking for an EA to test my theory - TBA ForexScotty's EA

Everyone is welcome to try it. Maybe find a way to improve it.

Looking for an EA to test my theory - TBA ForexScotty's EA

My thoughts on that are this... Once the correlation occurs the first trade does well and closes in profit more often than not. My suggestion would be that once a trade closes in profit, the EA does not place new trades until the CCI moves back to ...

Looking for an EA to test my theory - TBA ForexScotty's EA

The functionality of 1.6 seems solid - great work Arby1108! Now we need to look at the best way to filter out bad trades.

Looking for an EA to test my theory - TBA ForexScotty's EA

When loading on a chart for the first time, do so when the CCI is between +100 and -100 to ensure it does not initiate a trade immediately as the price movement may have already occurred.

Looking for an EA to test my theory - TBA ForexScotty's EA

Everyone who knows me knows I am gambler first and a trader second. Does anyone notice that I am applying blackjack card counting strategies to this. And doing so without the need for hedging or martingale tactics?

Looking for an EA to test my theory - TBA ForexScotty's EA