Qman - yep I agree backtests are very often unreliable Smjones - thanks for your contribution and interesting variation however I did design it to be set & forget

Sharing a method which has been profitable so far

Trending/range — Hi this system should keep you out of ranging markets, lets see... I understand your concerns about it only working in a trend..

Sharing a method which has been profitable so far

Thanks for the interesting variation on the system smjones - it was designed to be a set and forget system. Qman I have to agree that backtests and EAs don't seem to be as reliable as manual trading. Cheers

Sharing a method which has been profitable so far

hi booktimes yes no trade has been entered yet it wont trade everyday. ATR is average true range and available in all charting packages

Sharing a method which has been profitable so far

Reply to Howard — Hi Howard It really is a very simple system. The midpoint as I calculated it was: 1.4545 so you enter a pending buy AND sell at this price with the stop loss at a quarter of ATR(14) which works out at 29 pips and the TP at ...

Sharing a method which has been profitable so far

Answers to questions — Hi guys, Yes you're right to think that both a long and a short are opened at the same time if the midpoint is hit but the trick is that the TP is twice the size of the SL and assuming it has reached the midpoint that ...

Sharing a method which has been profitable so far

Hi Lucidlamp Thanks for your reply. I already have the pivot indicator what I am looking for is something that can show a pivot lower than two surrounding pivots (lowest low pivot) and a pivot higher than surrounding two pivots (highest high pivot) ...

Idea for indicator need help programming

Hi Thanks for your reply yes I am using and adjusted fractals indicator for pivot lows and highs but it can't detect a pivot lower than 2 other pivots or a pivot higher than 2 other pivots as shown by the graphics.

Idea for indicator need help programming

As shown by the diagram above a lowest pivot low can only be formed with a higher pivot low on each side and vice versa for a highest pivot high.

Idea for indicator need help programming

USD/CHF — Sell stop USD/CHF @ 1.1795 - SL 1.1811 - TP 1.1754

Low Risk/High Reward trading

Rules — Trades will be posted at or before 5pm EST and should be placed asap, good for 24hrs, if not hit then cancel trade and wait for new signal thanks to everyone who makes this forum so great hope to give you guys some profitable signals, ...

Low Risk/High Reward trading

2nd trade — Buy stop USD/JPY @ 117.48 - SL 117.29 - TP 117.95

Low Risk/High Reward trading

First trade — 11/10/07 - NEW TRADE Buy EUR/USD @ 1.4206 - TP 1,4261 - SL 1.4186

Low Risk/High Reward trading

Hi, Does anyone know what the ^ character means in the formula: 2 Period SMA of : (Stochastic*(MACD+RSI)/Momentum)^Volume Can anyone post the corrected version of the indicator ? Thanks Lee

oscillator from MBA Thesis Paper fraud??

hi jjk2 I sent you a PM

oscillator from MBA Thesis Paper fraud??

OK, thanks for your reply - I would like to program this but what do you mean by 2 Simple Moving Averages (SMAs) ? IS that an SMA of an SMA could you explain further ? Thanks, Lee

oscillator from MBA Thesis Paper fraud??