Follow The Bouncing Pip - page 232

 
bigbear3391:
Hey all,

As of today this thread will be taken over by my partner & co-creator Forex11. I will be in from time to to time but with my other thread & my news trading room, I can not give the time & attention properly needed.

thanks to all & see you around.

Bear-

Thanks Bear for all your help with this system.

I have been around for awhile keeping and eye on this system and have been doing alot of back tests which have turned out good. I will be going live with my final set up within a week or two.

The system (Day Chart ) is to place an order in the direction of the next yellow area (eg. with the image below, we sell ). We can re-enter or add lots when there is an orange area heading the same way.

I would of marked the areas on the image, but I am still trying to get thing running right on linux.

Once again, thaks Bear and happy trading

Basza

Files:
snapshot1.jpg  23 kb
 

entry point

hello bouncers, have a question.

if i found a nice setup on 30min, 1h & 4 h. should i wait until the next candle? and if yes on which tf? i think at 30 min tf, because if i wait until next bar on 4 hour i will be very late. but very conservative. and if i wait on the next candle on the 30 min it would be very agressive.

regars

PriNova

[Deleted]  

oh no the bouncing pip isn't bouncing anymore aggghhh

No response on this. The bouncing pip said go short at about 208.50 and then adjusted until it reached 210.60. I could train my dog to call a top that accurately. The MFI, while supplying excellent cheap furniture, never went over MFI. Unless you are infatuated with indicators, this one has no use.

Why 80+% vote its good is because they are asked before reading the posts, not after.

Run a dummy EA with the bouncing pip as a template and see what would have happened if you had followed the BP!

Thankfully it retraced 200pips so no money lost.

 

correct

PriNova:
hello bouncers, have a question.

if i found a nice setup on 30min, 1h & 4 h. should i wait until the next candle? and if yes on which tf? i think at 30 min tf, because if i wait until next bar on 4 hour i will be very late. but very conservative. and if i wait on the next candle on the 30 min it would be very agressive.

regars

PriNova

yes the 30min timeframe .

 

hi sirs,

which version linux ru using ?

fedora ? or ubuntu ?

and how to install metatrade to linux ?

thank you

from ocm

basza:
Thanks Bear for all your help with this system.

I have been around for awhile keeping and eye on this system and have been doing alot of back tests which have turned out good. I will be going live with my final set up within a week or two.

The system (Day Chart ) is to place an order in the direction of the next yellow area (eg. with the image below, we sell ). We can re-enter or add lots when there is an orange area heading the same way.

I would of marked the areas on the image, but I am still trying to get thing running right on linux.

Once again, thaks Bear and happy trading

Basza
 

and for exit. if i use the reversal signal exit. do i have to wait until a new signal has developed in 30min tf or should i wait until 4hour reversal signal. wait if both line and arrow or only line or arrow.

PriNova

 
xtf:
oh no the bouncing pip isn't bouncing anymore aggghhh

No response on this. The bouncing pip said go short at about 208.50 and then adjusted until it reached 210.60. I could train my dog to call a top that accurately. The MFI, while supplying excellent cheap furniture, never went over MFI. Unless you are infatuated with indicators, this one has no use.

Why 80+% vote its good is because they are asked before reading the posts, not after.

Run a dummy EA with the bouncing pip as a template and see what would have happened if you had followed the BP!

Thankfully it retraced 200pips so no money lost.

I'm glad that I watch the Daily stoch. Because it keeps me out of the crappy repaints on the 4H zigzag.... Its not always perfect, remember its called an indicator.. As for the 80% I guess we just Know how to trade... Mabey you should stick to dog training or selling furniture....lol

Cheers Dan

 
xtf:
The MFI, while supplying excellent cheap furniture

Lol, you're obviously from the UK!

 

to my big bear

my first post in this thread:hi all

bear ,

bear trade method is much profitting me as ill kind a person with ready for high losses ,if its does occur but its doesnt..he..he...stop loss around 200 pips and trade 4hrs charts .euro/jpy tf.

in yr opinion ist ok if ill use cci woodie to filter out the repaint problem on zig zag pointers.its seem better only to trade if 1hrs +4hrs or 30min+1hrs allign with cci indicate turnover from pivot line(center ) for better confirmation because ill dont want to board the the boat earlier just to find out i got the wrong ticket.

no pain no gain...but of couse i use my brain

 

Different discussion are going on

on this thread

https://www.mql5.com/en/forum/178707