Zebulon, What is your 'top acore'? Archie

50 pips candle system

Hi, I have noticed this as well, and for me it has happened when price has moved very fast. On my 15M chart the high was made by one bar, and in those situations the indicator doesn't work that well. I watched the 5M also, and it seems that the high ...

50 pips candle system

Thanks! I hope you don't mind me asking, but why have you chosen 50 pips instead of 100? Have you tested 100 pips as well, or do you think that it will be more profitable in the long run? Archie

50 pips candle system

Yes I know, but SMA 5 on daily equals SMA 480 on 15M, if I'm not wrong, that was what I meant Which pairs do you use the system on?

50 pips candle system

Why do you use the SMA 500 instead of the SMA 1000?

50 pips candle system

Yes, I think that RR and GG patterns are more stable, and I personally like the better RR of 1:1, even though the RG/GR can be profitable as well. In the long run I think that both 50 and 100 pips will be profitable, at least for now, but one always ...

50 pips candle system

Hi, I did a test for the same period as above only taking the RR/GG patterns after a change in trend, that is GRR or RGG. The results were: 50 pips: 8050 pips 100 pips: 3400 pips

50 pips candle system

Well, I haven't quite got the backtest to work with the EA as I want to, still working on good results. However the results with C-speeds tester gives the following results from 1st Octobeer 1999 to 14th December 2009: 50 pips: 15 750 pips 100 pips: ...

50 pips candle system

No, I am looking at 50 pips as well, but with 500 SMA filter (30M). But do you always trade until the trade is over, that is following multiple RR patterns? It seems good, but may also cause more BE trades. Btw, does anyone know how to apply a ...

50 pips candle system

Hi, It would be great to backtest this system, but I haven't found an EA that works without problems. The test I would like to do, besides normal profitability, is smaller SL/TP values. I think that 20 pips can be ok, using 5M on EURUSD, but it's ...

profitable Zigzag

Hi, Yes I have a trade opened for that pattern. Evaluating the difference between 50 and 100 pip bars at the moment. Also, has anyone had any success with the EA. It doesn't take any trades for me. Archie

50 pips candle system

Thank you very much for all your help! Archie

profitable Zigzag

Ha ha, yes spreads for the GU are not the best. I'm thinking of changing, but so far I'm sticking to them. No, the didn't go off , so I put it on manually.... I will monitor both EA and trade manually to see the difference, when I have the ...

50 pips candle system

Hi, How do you set SL for the initial order for larger TF's like the 1H, since the opposite ZigZag can be very far away? Archie

profitable Zigzag

Hi, Mine was triggered as well. So far negative, since I have spread of 4 pips..... Keeping fingers crossed! Good luck to you!

50 pips candle system

Yes, it seems good to keep RR at minimum 1:1, since movements vary quite a lot from day to day. Do you have any experience how this has performed historically? Also, have you tried other opening times, like 7 GMT, when Frankfurt opens. Seems it can ...

profitable Zigzag

Thanks for your fast answer, as always ! I am testing and trying out different pairs as well, but haven't quite got the reliability that I am looking for in testing. I tried EURUSD, and it seems that 25-50 will work ok, but I need to test more. I ...

50 pips candle system

Hi again, What about if price already has passed either of the ZigZag points, before 8 am? Do you wait for the next low/high then, or do you take the trade either way? An example is 10th March. Also, which TF have you had most success with, in terms ...

profitable Zigzag

Saintsurfer, What difference in profitability have you experienced with the RG/GR in terms of using SL 100 instead of 150? Regards Archie

50 pips candle system

Hi Paulus, I've been watching the system, and I have some questions. 1) Do you only use the first bottom and top for the breakout for the day, or do you move the lines according to new ZZ points? 2) How many trades do you take per day? E.g. when the ...

profitable Zigzag