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- Pharoah replied Oct 27, 2009
For the indicator, do you mean the SmartStop indicator? or the Box Forming indicator? Fine Tuning has been done to the best of our abilities at this time, and it appears to be VERY finicky because of the nature of the system. We are currently ...
- Pharoah replied Oct 23, 2009
Hi Helloguy, thanks for this EA, I just noticed now that you had posted it, I noticed something when testing the EA tho, I will explain with this image. In this image, I have circled the area's of interest, I will go through the index so you know ...
- Pharoah replied Oct 12, 2009
Hey eastmeals, What I've learned over the time, is that to be able to properly make a system, you HAVE to understand why PA does what it does. Also, If you think something works, and everyone around keeps saying "it won't work because of this and ...
- Pharoah replied Oct 12, 2009
I don't suspect that price will drop below the 139.69 mark just yet, we are at a super S&R, I suspect before this range is done and we get either a good drop, or a nice climb, we are going to experience at least once more bounce off the Super S&R at ...
- Pharoah replied Oct 12, 2009
Well, this is what I see. Currently, the bounce point is at 139.69 to the fraction of a pip historically (over the last month) with lower highs forming a Flag formation, I suspect, due to historic characteristics of PA over the past month, that this ...
- Pharoah replied Oct 8, 2009
Well, the way my system works is it seeks out S&R for you, take a look at this image, and note the trades placed. My system caught the ENTIRE MOVE. image I have complete faith in my system. I just need the bugs worked out of the EA. And the system ...
- Pharoah replied Oct 8, 2009
Sure it is, the BO point has everything to do with R:R, it's all about finding that balance between Breakout, and trade close. Take a look at this image, and you'll get a better understanding of how my modification works... it literally traps ...
- Pharoah replied Oct 8, 2009
I would like to note, I am currently looking for Programmers willing to donate their time into assisting in the completion of this EA. I am also looking for BetaTesters. As stated, there is no pay in the form of cash in hand, but they will have full ...
- Pharoah replied Oct 8, 2009
Just saw on the backtest something... This image will help explain EXACTLY what this system does... The EA isn't working well enough to do this all of the time unfortunately, need to get an update on it. I think you'll be VERY impressed. image I'm ...
- Pharoah replied Oct 5, 2009
I would liek to make this note, which suggests 1 more bounce off the S&R. Notice the RSI points in the opposing direction, this suggests to me that when the price bounces off the S&R this time, it will continue up for a little while. But as it ...
- Pharoah replied Oct 4, 2009
I see a huge problem here, because your broker opens an hour earlier it causes HUGE differences, check out this particular area of interest. image Look at the black circle in my chart, look at those 2 Bars. image Look at the white circle in your ...
- Pharoah replied Oct 4, 2009
Box has formed now, 1St 4H bar closed at 143.51, so we set out box high at 144.01, and our box low at 143.01 We would place our pending orders at these marks. image
- Pharoah replied Oct 4, 2009
You'll notice tho, on the daily chart that the system found the level of S&R (major or not) at approx 140.80 to form the first box of 140.85 high and 139.85 low, and took advantage of the bounce off the S&R, then put another box above the S&R and ...
- Pharoah replied Oct 4, 2009
Yes I know Here is a image of last week, I will run everyone through it. image The box formed between 140.85 and 139.85 (total of 100 pip box, Bottom 2 Red Horizontal Lines) First Trade was triggered (as shown by the first Black Circle) at 140.85, ...
- Pharoah replied Oct 2, 2009
Yes, it was with TP1 it was, but barely. However, even in ranging periods like 2005, how are we to know what weeks were going to be ranged, and what weeks were not. My particular modifications allow us to benefit from both ranging and trending ...
- Pharoah replied Sep 30, 2009
Pips, you asked how it would have played out this week, Here is an image. You'll see how it's beneficial. image Because the close of the first 4H bar occurred within the lower 1/3 of the box, we would add 1/3 of the box to the low of the box to ...
- Pharoah replied Sep 30, 2009
image In this image, the 1st huge candle closed and formed the box (black) near the low of the box. Because of this, this signifies that no news event or holiday caused the move, so we adjust the box size to 1/3 of the original box, and add 1/3 to ...
- Pharoah replied Sep 28, 2009
These images should help clear everything up for the initial stoploss. image In this image, the buy occurs on the bar the green circle is under, the Red MA is below the high of the box forming candle, MA is initial stoploss image In this image, ...
- Pharoah replied Sep 27, 2009
Second Revision With Images!!! Let me know if the images, and explanations of the images clear up any confusion. ------------------------------------------------------------------------- I have modified my Smart Stop system to complement the 4H Box ...
- Pharoah replied Sep 21, 2009
This is a backtest that partially uses my stoploss system from jan 01 2008 till now. I must note that the results using both my conditional rules (which these results do not use) you will get MUCH better results. image