Hi, In the settings for the GR/RG patterns, don't you mean buy RG and sell GR? Archie

50 pips candle system

Hi, Thanks for the EA. Very appreciated. So, if I understand it correctly, the EA works for trading demo and live, but sometimes it doesn't take trades according to the pattern? In that case, do you know when and why the EA doesn't take the trades? ...

50 pips candle system

Hi, Why didn't you go long on the first upward move (D)? Eeven though that proved out to be wrong. What sort of breakout are you looking for? Regards Archie

profitable Zigzag

Hi, Thanks Saintsurfer! Great work with the EA and of course with the entire system. Have a nice weekend! Archie

50 pips candle system

Hi, Is any of the EA's in this thread working, or is there a working one anywhere? I would like to do some testing and perhaps try to use it, when I don't have time to watch the screen. Even though EA's actually never worked for me.... Regards ...

50 pips candle system

Hi, How do you treat situations like this, when price has moved over 100 pips down, but since it didn't reach 1.5400, the move was actually not a valid R-bar, since it had to reach 1.5200 for that. Strictly following the 00-levels or 50-levels?

50 pips candle system

Welcome back Zebulon! So you think that 50 pips are better than 100 pips? The results seem very promising, and according to my backtest of 100 pip bars, it would be better with 50 pips. However, don't you think that it will cause too many false ...

50 pips candle system

Thanks for your answer! Good luck with the current trade

50 pips candle system

Hi, But e.g today the RRG pattern closed above, so that was not a valid trade, right? How strict are you, when it comes to distance to the SMA? Today it was pretty close, but still on the wrong side.

50 pips candle system

Saintsurfer, Hi again. I was thinking about the GGR/RRG-patterns. The rules say that e.g. RRG-patterns are only valid for a trade when they are below the SMA. However, the last RRG-pattern was right on the SMA (though still above it) and should have ...

50 pips candle system

Saintsurfer, A lot of movement today. Last trade did not you our way, but hoping the current one does I wonder how you treat spread? Do you take it into account, that is buying at 00-level + spread? And it that case, do you actually use SL 100 ...

50 pips candle system

Trade — RR pattern and trade executed this morning. Went south at first, but not going our way at the moment...

50 pips candle system

Thanks for your answer. Quick as usual

50 pips candle system

Thanks! Some posts back you explained the TP and SL for the RRG and GGR patterns. I wonder what the difference in profitability is when choosing SL 150 instead of 100? I really don't like the RR... Also, do you think that profitability for this ...

50 pips candle system

Saintsurfer, Just a question of entry levels. Do you always make your entry and exit exactly at the 00-level, or do you wait for a breakthrough of some sort? Regards Archie

50 pips candle system

Saintsurfer, Thanks for your great support with this system. Always detailed and fast answers. Archie

50 pips candle system

Hi Saintsurfer, Have you tested any other pairs, besides GU and GJ? I was looking at EU, with smaller bars of 50 pips, and it seems ok. I will have a closer look though. Also, I have a question regarding the patterns. You said before that RG or GR ...

50 pips candle system

Thanks — Great work you've done here. Very detailed and educational. Thanks! I am signing up and going to do some studying

The Dance

Stop loss — Hi again Andrew, I wonder about your approach for stop loss. How do you move it, when using the different choices, according to your first post? If you choose the signal line, do you move it along this line, or do you set some sort ...

Andrew Forex Trading System

Hi, It all seems reasonable, and I think you may be on to something here. I am signing up.

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