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Colostarr replied Feb 13, 2011Moving — Wow the market came out swinging this morning huh? Here's a little action for those of you waiting to trade. One of my other methods gave me the following signals this morning!: Signals valid until 1200 GMT 14 Feb GBPUSD Sell Stop: ...
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Colostarr replied Feb 13, 2011Correction — Upon further review of this pair, it would have to move sideways for 2 more candles before it is a valid setup!!
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Colostarr replied Feb 13, 2011Potential Buy — I was just looking at this very pair. Right now neither is a valid setup as the pips moved exceeds your ATR x 1.5. If the market slows down here and moves sideways for one more candle and volatility remains low, this will be a ...
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Colostarr replied Feb 13, 2011Yes — those are indeed the majors I trade not the EURJPY though...too volatile! I've gotten signals on each pair, however not all have triggered. The most common pairs for triggering (so far) are the EURUSD, AUDUSD & USDJPY Majors traded: ...
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Colostarr replied Feb 13, 20114H and daily — The system has been tested all the way down to 1H candles. I don't recommend going any lower due to volatility reasons! As to the 40 SMS and 20 SMA - not exactly sure. I know the system works the way it is. Why fix it if it ...
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Colostarr replied Feb 13, 20115 bars — Yes counting the most recently closed candle as 1!
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Colostarr replied Feb 13, 2011Good to go — This is good to go! 1. For the lazy trader that will take the signals without validating the rules, will learn valuable lesson! 2. The good trader, to learn when to look at the charts. If all signs are green, validate the rules ...
The Small Hours Simplified!
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Colostarr replied Feb 13, 2011Good to go — This is good to go! 1. For the lazy trader that will take the signals without validating the rules, will learn valuable lesson! 2. The the good trader, to learn when to look at the charts. If all signs are green, validate the ...
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Colostarr replied Feb 13, 2011Thank you! — Thank you for that! It is nice to read that it has hit home with at least one person! The methods I trade, have actually shown me that if they don't trigger, and price moves against the prediction. It usually comes back to you, ...
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Colostarr replied Feb 13, 2011No prob — Hey you lended a hand. It wasn't that you messed up this thread. it is far from messed up! I appreciate what you've done! Let me explain: One of the things that I am now proud of is the fact that I got off my ass and started working ...
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Colostarr replied Feb 13, 2011Valid question — Great question! While I am sure that this method would work for most "trendy" pairs, I limit the method to majors, because they trend better than other pairs and because the spreads are generally tighter. In a tight market, ...
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Colostarr replied Feb 13, 2011A favor — While I do appreciate the code writers and people that can write an EA, may I ask a favor? Please limit your discussions on building and coding an EA amongst each other via private IM. Let's please leave the integrity of this room ...
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Colostarr replied Feb 13, 2011Most recent — Yes the most recently closed bar / candle and yes it must be higher than the LL5
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Colostarr replied Feb 13, 2011Insight — Your insight didn't bore me one bit. As a matter of fact I appreciate it. Personally I do not plan to use an EA just my normal rules. I appreciate your contribution with the signal generator. I will apply it to my chart and when I ...
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Colostarr replied Feb 13, 2011Risk Management — The reason for the switch from 5 bars to 3 for the stop is to minimize your loss. Once you've moved your stop up to the LL3, there won't be a candle fall below it while your trade is open. If it does fall below where you've ...
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Colostarr replied Feb 13, 2011That's good — Way higher is definitely a good thing! I am logging off for a spell. Enjoying my day off! I'm stoked about your EA!!
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Colostarr replied Feb 13, 2011Potential — So potentially it could be WAY higher yes?
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Colostarr replied Feb 13, 2011Fantastic — Yes I would be very interested in seeing how these look on my charts. I'd like to test the rules of the 5 bar breakout, when the arrow appears...absolutely Brian...bring it on!

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Colostarr replied Feb 13, 2011Thank you! — Hey brother, I am open to any possibility you can dream up, as long as the rules are met! Again Brian thank you very much!
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Colostarr replied Feb 13, 2011Fantastic — Brian, This is good stuff. Keep in mind that ATR is used to determine market volatility. If your total pips moved in the previous 5 candles exceeds your ATR value as of the setup candle (most recently closed candle), then rule#1 is ...
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