Follow The Bouncing Pip - page 8

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user4001:
Walterw you can try the attached zig-zag indicator.I think this one update correct and it has an alert also.

Hey user4001,

I have applied this to my charts & I must say I like it. When you change the settings to match the POINTER it aligns perfectly, warps & all.

A few questions if I may.

1) Whats BARN?

2) Whats FROM?

3) Is there a way to have the audible go off more than once?

Thanks for all your help,

Bear-

 
schoe:
If somebody is making an EA for this system the following would help.

Stop to break even after x number of pips.

Take partial profit after x number of pips

Trail stop by x number of pips.

Only take trade after arrow if price moves above high (for longs) or low (for shorts) of alert candle t(o act as a filter.)

Just my suggestions to make this a BETTER system.

Hey schoe,

I think those are a great idea. Thanks for your suggestions.

Bear-

 
 

you know bigbear... the move of stop to break even after certain response on the move can really be powerfull for the overall performance of the system... as it may reduce considerably loses and make a much better RRR...

your output on that case is : or you make good $$$ or you just walk out even ...

 
 
bigbear3391:
Hey jtre,

I hope you maxed out at around 50 cuz last time i checked it was falling against you.

Good Luck & keep me posted.

Bear-

You are right, price turned against me, but I had already moved my s/l to lock in 15 pips of the move. When I checked on the trade a little later I saw that I was knocked out of it. Today's total +212 pips!

 

jtre are all those pips from using the bouncing pip system?

 
droesparky:
jtre are all those pips from using the bouncing pip system?

Yes, all of the pips made, were from the bouncing pip system.

 

barn from

bigbear3391:
Hey user4001,

I have applied this to my charts & I must say I like it. When you change the settings to match the POINTER it aligns perfectly, warps & all.

A few questions if I may.

1) Whats BARN?

2) Whats FROM?

3) Is there a way to have the audible go off more than once?

Thanks for all your help,

Bear-

Hi Bigbear,

Very nice thread! I have been following this one for a few days.

Maybe I can give a try to the questions:

1) BARN = number of bars to use

2) FROM = most recent bar to start with

3) Alert signal is set to every new bar which meets the conditions

regards,

nohills

 
walterw:
bigbear... how do follow this system, chek it every hour ?

Hey walterw,

Its up to you. I check every few hours, but I am comfortable with it. In time you may also decide that.

Also depends on which time frame you use.

Hope that helps,

Bear-

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