FX 1M Bounce system

siobi san isn't japanese
1°) siobi isnt japanese namae
2°) because he would have written =
いいえ 日本人　では　ありません ;

hi siobi thanks for your great help & for this system you share with us
kinonen (oh , i'm not japanese , french )

answer 1:
Japan market start at 8am ~ 4pm.
depands on your location, perhaps can you tell me where r u from?
For malaysia, I tunr on at 9am until 5pm.

answer 2:
yes, on other time, works well for EUR/USD 1M

PS: new EA V102 is for all time zone except NEWS time...


Regards,
Siobi

I'll upload the EJ candle time if you want it... about the FXPrime indicator, it is at the #1 post...

do itashimashite....

excuse me but don't understand this

BUY condition (Trending):
->FXPrime showing BLUE or Red

what indicator is it ? don't see it in post#1 !
where can i download
thanks

kino

is in post #1. re-uploaded....
(max 7 files to upload)

Thasnks a lot for sharing this setup!

Hi Siobi !


, Thank you for starting this and all the hard work and time spent .Ill be trying this also and update with my progress . Also every one who has contributed their time and experience thank you so much ! Tom Ps Happy Holidays !

oups , sorry don't see it
thanks

kino

i have today 2 indicators simple to use

first one
if open bar > close previous bar GREEN
if open bar < close previous bar RED

second indicator
if bar > Bollinger band UP then GREEN(if you prefer Red ? so change color settings)
if bar < Bollinger band Down then Red

kinonen

thanks KINO!!!!!!!!

I used the same strategy in the EA!!!

but to be more save, I added Storch RSI to ensure overbought and oversold...

then also to ensure the trend is in the correct way, I added siobiHAS....

aftter that , I integrated with PrimeFX, thats the whole story!!!!!!


hahahahahaha

20081225 perfect trade...
PS: my trade start on 2pm Malaysia time....due to some urgent thing to do.... couldnt get whole day result...

I have your EA loaded on my system and it took the same trade. The funny thing is at mine entered at 1.4055 and exited at .4052. From your post I see that your system entered at 1.4055 and exited at 1.4048. Any reason for the difference or is it just the broker? regards

I think is the broker because scalping is heavily depands on which broker u r using...

anyway... making profit right?

here you are, if you want to see all the loaded indicator.... download this template...

PS: the template in the post#1 only loads the EA..

http://www.mibbit.com/chat/
channel: #1MBounce

lets chat!!!!

only today... and 1 Hour chatting time.... feel free to join

Thanks a million Siobi.. now I got it!

16:59 mib_x2bris which one is the main indicator?
17:00 siobi ok.let me explaint
17:00 siobi this is a combine system for trending and non trending as per forum descript
17:01 mib_x2bris im following..
17:01 siobi first signal...
17:01 siobi when it is BLUE bar...
17:02 siobi and storch RS is >=99
17:02 siobi then it crossed uppper BOL
17:03 siobi then we go for SELL
17:03 siobi opps..
17:03 siobi one more... and if HAS for 5M showing RED, then we go for sell
17:03 siobi everyone get it?
17:04 mib_x2bris ok im following.
17:04 mib_vv64td following too
17:04 siobi reason for this is..
17:04 siobi while playing scalping, we enter only at the best position
17:04 mib_fe0gav yes
17:04 mib_vv64td if the spread is wide, no trade, right ?
17:04 siobi we r scalping on bouncing of the price..
17:05 siobi so when it show overbought = RSI 100
17:05 siobi then is time for SELL...
17:05 mib_x2bris so the blue moving average 55sma is the trend indicator..separating up and downtrend?
17:05 siobi wex2bris... that is another system...
17:05 siobi continue...
17:05 siobi RSI >99, is overbought
17:06 siobi but we need to confirm on current 5M trend... using HAS...
17:06 mib_x2bris oo i see
17:06 siobi if HAS for 5M is BLUE, then do not enter trade... because it might be going higher price...
17:06 siobi no good to sell...
17:07 siobi that is about the bouncing strategy for 1M bouncing system
17:07 siobi everyone clear?
17:07 mib_x2bris im ok..
17:07 siobi s'porean ok ke?
17:07 siobi for the EMA and SMA...
17:08 siobi try imagine if today is having trending market...
17:08 siobi so hard to get bouncing system to work...
17:08 siobi so we need trending system as well...
17:08 siobi that is why we need the EMA and SMA + FXPrime indicator...
17:09 siobi when both 6EMA and 12EMA crossed up to 50SMA, it is signal for BULL... trend going upward
17:09 siobi to enter the trade.... wait until the PrimeFX indicator turn to blue then enter the trade...
17:10 siobi the crossing of EMA will be occur before the FXprime indicator to show blue signal...
17:10 siobi so the best trading setup is.....
17:11 mib_x2bris FXPrime indicator consist/makes up of what indicators ?
17:11 siobi FXprime indicator must be turn into Blue in 5 Bars time after the EMA SMA crossing...
17:11 siobi FXprime cosist of EMAngle
17:11 siobi CCI
17:11 siobi RSI
17:11 siobi heiken ...
17:11 mib_x2bris i see....
17:11 siobi and lots more

Oh yes. Profit was there. But we are using the same broker I think. IBFX? I guess it was them. My trade was live...

Thanks

You will probably always notice a difference between the results in a live and demo account -- and usually not in your favor.

Bucketshops are running the show until after the holidays are over so anything can happen -- watch out.