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Attachments: Squidster's Stupid Strategy (SSS) -
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Squidster's Stupid Strategy (SSS) -

  • #61
  • Aug 14, 2008 2:34am Aug 14, 2008 2:34am
Quoting BenQ
Here's the position of the stochs in the gbpchf trade. You can see the colored bars can be red or green all the way from os to ob.

As for your #2, you're actually not using the stochs for confirmation, IMHO. Stochs can remain os or ob for several hundred pips, which is why zz's repaint. If you were using stochs as a confirmation, wouldn't you at least want them to signal that you're going in the planned direction? Which would be red for short and green for long.

Just my 2 cents, but you'd have less need for add ons if you waited.

And for anyone interested, this is very similar to the bouncing pips or follow the dots strategy, both of which use zz's and trade on H4 charts.
ok..i tried briefly backtesting what you suggested and it seems that it does not work all the time?
you would miss good entry points if we used red to enter. opinion?
  • #62
  • Aug 14, 2008 7:39am Aug 14, 2008 7:39am
Well, it was just a suggestion to possiby reduce the need to add-on. Does entering on green work all the time? I would guess no.

Quoting Squidster
ok..i tried briefly backtesting what you suggested and it seems that it does not work all the time?
you would miss good entry points if we used red to enter. opinion?
  • #63
  • Aug 14, 2008 7:51am Aug 14, 2008 7:51am
Quoting BenQ
Well, it was just a suggestion to possiby reduce the need to add-on. Does entering on green work all the time? I would guess no.
you are right..maybe we can just get rid of stochs...it does not make any difference to the strategy.
  • #64
  • Aug 14, 2008 8:45am Aug 14, 2008 8:45am
I was thinking the same thing.

Quoting Squidster
you are right..maybe we can just get rid of stochs...it does not make any difference to the strategy.
  • #65
  • Edited 9:38am Aug 14, 2008 9:37am | Edited 9:38am
Hi squidster, you said that both squidster and squidster1 are needed to make it work. I use your template from the first post, but there is no squidster1 (only squidster) in indicator list of my chart. Is it right?
  • #66
  • Aug 15, 2008 4:11am Aug 15, 2008 4:11am
Quoting Jack2000
Hi squidster, you said that both squidster and squidster1 are needed to make it work. I use your template from the first post, but there is no squidster1 (only squidster) in indicator list of my chart. Is it right?
sorry i meant squidster and squidster1
  • #67
  • Aug 15, 2008 10:39am Aug 15, 2008 10:39am
Quoting MykeFX
Looks like we should have an up arrow on GBP/JPY... but none yet.. anyone else?
This system looks really cool!
I flip over to this chart every few hours, but only now did I notice the up arrow. When exactly does it appear? And when do I know it is to late to buy?
Thanks,
6p
Attached Image
  • #68
  • Aug 15, 2008 12:02pm Aug 15, 2008 12:02pm
Quoting 6pack
This system looks really cool!
I flip over to this chart every few hours, but only now did I notice the up arrow. When exactly does it appear? And when do I know it is to late to buy?
Thanks,
6p
there is an error inthe indcator programming. sometimes the arrow appears late. it is tooo late to take the trade. however, if the price was near the arrow then you can re-enter with caution.
  • #69
  • Aug 19, 2008 8:23pm Aug 19, 2008 8:23pm
Hi SQUIDSTER:

Do you think you can add the ALERT/SOUND/EMAIL when arrow appears... I think it is important to know when it appears... you can keeep an eye for the possible trade entry..

Thanks.
  • #70
  • Aug 25, 2008 4:43am Aug 25, 2008 4:43am
Quoting pipmonger
Hi SQUIDSTER:

Do you think you can add the ALERT/SOUND/EMAIL when arrow appears... I think it is important to know when it appears... you can keeep an eye for the possible trade entry..

Thanks.

yes i will do that.
  • #71
  • Sep 2, 2008 9:25am Sep 2, 2008 9:25am
It started this msg from 9/1/8 . Can you please post the one without expired date!!!!!!!!!!

Thx.
  • #72
  • Sep 2, 2008 10:43am Sep 2, 2008 10:43am
Quoting pipmonger
It started this msg from 9/1/8 . Can you please post the one without expired date!!!!!!!!!!

Thx.
updated on 1st post.
  • #73
  • Sep 29, 2008 5:25am Sep 29, 2008 5:25am
well i hope those who are still using this thread took the recent trades on Gj/Gu and got 1600 PIPS
  • #74
  • Sep 29, 2008 6:29am Sep 29, 2008 6:29am
Hi Squidster

First of all I want to thank you for sharing your system.

Can you pleas let me know if my interpretation is OK. Thank you in advance

Bull
Attached Image (click to enlarge)
Click to Enlarge Name: gj929.gif Size: 20 KB
  • #75
  • Sep 29, 2008 7:19am Sep 29, 2008 7:19am
Quoting Bull
Hi Squidster

First of all I want to thank you for sharing your system.

Can you pleas let me know if my interpretation is OK. Thank you in advance

Bull
this is not 100% correct. please see the first post for details..also you can remove the stochs as they are not needed.
  • #76
  • Sep 29, 2008 10:20am Sep 29, 2008 10:20am
Quoting Squidster
this is not 100% correct. please see the first post for details..also you can remove the stochs as they are not needed.
Thank you for your replay.

Sorry for the question, but if I remove the stock then change the rules for entry?? I don't need any more both conditions, Arrow + Stoch ?? I think that I missed something, if you can help me I'll appreciate

Bull
  • #77
  • Sep 29, 2008 12:36pm Sep 29, 2008 12:36pm
Quoting Bull
Thank you for your replay.

Sorry for the question, but if I remove the stock then change the rules for entry?? I don't need any more both conditions, Arrow + Stoch ?? I think that I missed something, if you can help me I'll appreciate

Bull
just remove the stochs and follow the same entry rules as in post 1
  • #78
  • Sep 30, 2008 7:18pm Sep 30, 2008 7:18pm
Quoting Squidster
updated on 1st post.

Can you post the new one which is not EXPIRED...

Thx..
  • #79
  • Oct 1, 2008 5:43am Oct 1, 2008 5:43am
Quoting pipmonger
Can you post the new one which is not EXPIRED...

Thx..
done..this will not expire until end of year..enjoy. check the first post.
  • #80
  • Dec 1, 2008 6:27pm Dec 1, 2008 6:27pm
it just expired!
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