It seems that it only places 10 trades and then stops....also some trades last over days, and they really shouldnt...at least the appear to still be active. But thnx for the hard work!

NipThePips' Boomerang

I have tested it with 5tp and 3sl...your theory is basically correct... I dont know about using martingale money management though

NipThePips' Boomerang

Interesting.

NipThePips' Boomerang

THNX!

NipThePips' Boomerang

Yes that is a buy signal...and that would of been a yucky trade. It really depends on who your broker is and what TP you were going for If you were going for 5 TP and No spread-->3 bounces If you were going to f10 TP and No Spread--->3-6 ...

NipThePips' Boomerang

Thnx!

NipThePips' Boomerang

I had an excel sheet that had that exact information that you were looking for....My computer since then has gotten formatted, so I dont have it anymore. I would have to get back to you on the hit rate (no bounce) information. In my document I ...

NipThePips' Boomerang

I havent gotten around to programming the excel sheet, but I believe someone did it...Ive been a little busy..I JUST GOT ME A NEW CAR

NipThePips' Boomerang

Sure...But mind you I only use the MA to determine the trend..that is it really. I chose 18 EMA because it shows the average trend over 3 days on the 4h chart...that was really it. I just wanted something that showed a relatively short term trend to ...

NipThePips' Boomerang

Yes, when i re-read that, I noticed that wording. I figured it would be hard to understand but at the time I couldnt really think of a decent way to word it. But anyways, Yes even though the price did continue to climb, the conservative trailing ...

NipThePips' Boomerang

Also this daily system works similar...and you would still have to monitor it sorta...It just takes a little longer for the signal to be valid (could happen anytime of day), and A little longer to TP, and there is one signal a day. So I doubt it ...

NipThePips' Boomerang

Oh ok....try out EURJPY too.....I would just tend to stay away from GBPJPY (if you are trading with a high spread) and EURUSD (because it doesnt really move...unless you go for like 3-5 pips net profit instead of 10)

NipThePips' Boomerang

Timing should not be an issue...regardless of the time zone, as long as the currency moves in 4 hours it should be fine. The trend will always be relatively the same no matter what time zone you are in.

NipThePips' Boomerang

Hey if you mine, do you mine sharing your results...IE which days you traded, what pair, and which 4 hr bar? Thnx Also, as soon as I finish doing some final testing, I will make a document...and if everything is cool (such as if I am able to share ...

NipThePips' Boomerang

Ok! Ill get to it later today

NipThePips' Boomerang

Yea, I am slowly falling in love with EURJPY, It works good on the boomerang, and for the daily system i am testing out. Great pair!

NipThePips' Boomerang

I have concluded that if you are trading this method on a retail broker, you are going to want to stick to pairs that are no more than 3 or 4 pips...that means, that most likely you will not be able to trade GBPJPY with this system Otherwise, You ...

NipThePips' Boomerang

What a beautiful pair.... It is great, I never noticed the trending movement it has. really appreciate you bringing it to my attention Right now it seems that it is best to shoot for the 10-15 pip initial profit with a 50% unload there...Trailing ...

NipThePips' Boomerang

Initial TP — Here are some of the TP levels that I use for the 3 currency pairs I trade the most EUR/USD (100% at 5Pips...Not really a mover) GBPUSD (50-75% at +10 Pips....Trailing stop from there) GBPJPY ( 50-75% at +10-15 pips...depending on ...

NipThePips' Boomerang

Ohh I see.

NipThePips' Boomerang