Bar Pivot System

[Beno]

This is just an idea I have been trying to trade but you have to have a very quick trigger finger.

Attached is a chart for you to look at.

I have been using the

H+L+C/3 to get the bar pivot point.

if the open is below the pivot then sell if open above the pivot then buy

TP ?

SL ? & Reversals

Kelly for compounding?

it's very simple

please let me know what you think.

Cheers

Beno

[Linuxser]

I think we should be glad that you share the system with us. Just that.

[Beno]

here is the EA I will start forward testing this week.

let me know what you think

[[Deleted]]

Well done Beno!

FerruFx

[Beno]

thanks FerruFx

could you perhaps have a look at the mm excel sheet and let me know if it's at all able to be coded

[Linuxser]

You defined which scalp is for Forex Beno.

This system and EA have future.

[robp]

I'm completely missing something here. How are you getting the pivot for each bar?

[Beno]

have a look at post one. imho a pivot is a point of potential change. and in trading all we have is potential nothing is a sure thing.

cheers beno

[robp]

Of course I looked at post 1. Goodbye.

[Beno]

Gidday robp

Sorry for coming across a bit short I did not mean to offend.

But it is as simple as High+Low+Close/3. from the previous bar

Any way attached is some back tests using FXDD (for what back tests are really worth)

Again sorry

cheers Beno

[robp]

What I was trying to ask is, what are using to determine the hlc/3 of the previous bar? Are you using an indi to calculate that for each bar?