Thanks Steve — I really appreciate that. I have always admired your commitment to your method, and I have learned alot from you on how you manage your system, I hope and pray for success for you and all of us. David

Sorry here is the chart

Thanks — I use the psar settings on metatrader, I didn't alter them, I added a sma of 14 and my startegy is very simple I set a 4 hr time frame ont eh gbp/usd, once the psar shows a buy or a sell I enter only if the candle has closed either ...

Thanks for the input — Thank you I appreciate the advise David

I have been so excited about this method, I went ahead and tried it on the usd/jpn and I received a signal to sell at 118.93 and am currently up 80 pips. Still waiting for a sell signal with the gbp/usd.

Ok system is working well with added filters, notice the new psar signal, the first one closed at a sell position but the second one did not open below the 14 sma, this was a false sugnal, the new candle has to open below the 14 day sma to be a ...

Thanks for the input I will look into this advise for sure. Dave

Thanks for the input — Thanks for the input, yes once the psar changes direction I would wait for the candle to open above the sma and the oscilltator change above 0 and i would go long and visa versa for the short position. Dave

Filters added — Ok i have added a couple of filters to my parabolic sar indicator, first I added a simple moving average of 14 and then i added an accelerator oscilltator, what I do is wait for a change up in the psar then I confirm the trade ...

Thanks for the reply, i have been using this indicator on a real account, currently up 220 pips. Your right about a ranging market but with the right stop losses I noticed in the back test for a year and a half the winning percentage is very nice ...

Thanks for the reply, well i guess i will keep trying this indicator, seems to me that moving averages, macds and all other indicators tend to be useless unless they are utilized in some form or fashion that can generate a consistent signal. ...

Thanks for the reply, have you used this indicator before and if so did you use other indicators. While I was looking back for about a year and a half I saw very promising results using the 4hr time frame. Roughly had about 2500 pip gain, of course ...

Thank you very much

Thanks Steve, yes that helps, like you said discipline is the key I have found myself all too often getting influenced by the news or what other peoples opinions are about predictions rather than focusing on the system. Thanks Dave

Hi Steve, When you say back to basics, what factors do you use most when deciding to go long or short at the beginning of a new deal. Thanks Dave

Congrats steve Dave

Hey Steve, Just wanted to say thanks for the sharing of your method of trading, it is really a motivation for people to see you stick with a method, I hope that after a year we can all see that this method is successful and we can all be profitable. ...

thanks