Just glanced over the charts, and it almost looks 100% that the middle line is crossed for some profit. So, GREAT idea!

Method BB

I noticed that, but the thought never occurred to me to use 2 lots! I think you've got a great idea, because worst case scenario you gain X pips ( where the middle line is) -100 assuming you use the same lot sizes. And best case scenario you get X ...

Method BB

Hmm... I do not use Meta Trader, as I have a Mac, and Macs are rather bad for forex... I use Oanda ( pretty basic) and I'll just have to stick to BB's... Maybe one day I'll look into those envelopes you're talking about Thanks for the information, ...

Method BB

Hmm.. I had thought that the idea seemed obvious; it appears in the link they still do it a bit differently, but the overall idea is the same. Anyway, thanks for sharing the link! Kevin It appears you would miss a lot of pip opportunities with ...

Method BB

Yen, It appears that there would have been a couple of losses on that uptrend amidst the nice gains on the long side. I have been reading a book called Japanese Candlestick: Charting Techniques by Steve Nison, and a lot of his concepts are pretty ...

Method BB

No, that should never really affect your thinking. I actually have been SHORT EUR/USD since yesterday night, and am up 41 pips. As far as USD/CHF, I would wait more towards the close of today before buying, but you have the right idea. We basically ...

Method BB

I try... But seriously, I'm glad you like what you see! I was rather impressed by how effective it seems myself. The amazing thing about it is that it works on nearly every currency pair with a lot of width variation on the BB's. Also, I ...

Method BB

Agreed It's certainly a step up from RSI Daily Pivots. I have back tested USD/JPY for similar results as GBP/USD. Pretty much the same Win % ratio. Here's a copy for you and anyone else interested:

Method BB

Agreed. Although they absolutely suck for FOREX

I lost my ability to click my scroll wheel button and get the crosshairs?

I saw that Refer to 11 for your answers

Method BB

Hi Yen , The answers are within text in RED as usual. Hope I made sense, and GOOD LUCK

Method BB

I suppose it depends on your meaning of definitive. Personally, that is just barely closing below, and is not quite convincing enough for me to 1) exit existing trade or 2) take a whole new position upon it Hope this is clear, Kevin Also, Lamdun, I ...

Method BB

The graphs ARE rather pretty! An "All star Bar" has to be ONE bar that touches all the lines. Otherwise, don't act upon a trade, even if it is touching 5 lines. As far as weak trades, I treated them as normal trades, and some turned out to be ...

Method BB

You guys have got it down! I'm glad to see this! I would certainly have taken that trade.

RSI Daily Pivot Point System v2.0

Results for GBP/USD for the past year are VERY impressive! It would net 5630 in GBP/USD alone. Check out the backtest:

Method BB

Ahh.. you make a very good point! I assure you that the results will not be as impressive with just 1 lot. I will try and get to that nitty gritty task when I am able. Also, EllisEdi, I have tested the ATR(14) with this system, and it minimizes ...

The Kinko Method

Wow, GREAT idea! I'm redoing backtesting using this factor based upon closes of pivot points.

The Kinko Method

Hey EllisEdi , Glad you like what you see. There does seem to be some inherent risk at times, but overall I am pleased with the finished product. I would be grateful if someone could help me think of a way to reduce the occurrences of those big ...

The Kinko Method

1. Tenkan-Sen, or conversion line (red) - (Highest high + lowest low) / 2, calculated over the past seven to eight time periods. 2. Kijun-Sen, or base line (purple) - (Highest high + lowest hs low) / 2, calculated over the past 22 time periods. 3. ...

The Kinko Method