ESTrader...
Do you realize every bar is a signal?
What do you have in terms of exit?
Do you realize every bar is a signal?
What do you have in terms of exit?
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DislikedESTrader...
Do you realize every bar is a signal?
What do you have in terms of exit?Ignored
DislikedRon
I initiate the sell trade ,for example ,when the Bear number is more than the Bull bar. Once I iniate the trade i put target of 20 pips ( on one hr bar and 50 pips on 4 Hr Bar)and SL on the high of the bar. Then wait for the next signal .that is when the signal changes for eg from sell to buy I take next trade.( to buy)
.
One of the option could be some kind of trailing stop or some other money mangement.
Hope I did explain it clearly.
thanksIgnored
DislikedRon
I initiate the sell trade ,for example ,when the Bear number is more than the Bull bar. Once I iniate the trade i put target of 20 pips ( on one hr bar and 50 pips on 4 Hr Bar)and SL on the high of the bar. Then wait for the next signal .that is when the signal changes for eg from sell to buy I take next trade.( to buy)
.
One of the option could be some kind of trailing stop or some other money mangement.
Hope I did explain it clearly.
thanksIgnored
DislikedI tried downloading the "bull bear power template" after shutting down the MT4 platform. Then reopened the platform. Nothing there. Should I be downloading all the attachments under the paper clip, or does the "bull bear power template" contain the individual Bear.ex4 and Bull.ex4?Ignored
DislikedI have one more indicator for this system and i have tried it,but this system doesnt works,you might be short thinking bears are more and in next second bulls are more zapak u end in loss.Ignored
DislikedI tried your system on the simulator and had quite good success (around 70% winning trades). However I am thinking to add another indicator for confirmation, such as OSMA.
Thanks a lot ES Trader, this is a nice simple system.Ignored
Adaptive Laguerre Filter - an indicator created by John Ehlers (www.mesasoftware.com). It is a superior overbought/oversold tool. There is a free technical paper at Ehlers' website entitled "Time Warp Without Space Travel" which you may download if you really want to know the gory details.