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Developing a correlated bouncing system

  • #1
  • First Post: Edited 5:31am Mar 14, 2009 4:57am | Edited 5:31am
Attached Image (click to enlarge)
Click to Enlarge Name: bounce system 1.png Size: 33 KB


The above indicator is a simple ma indicator with the weekly ma set to 40.

I like most of my bouncing signals to be in the direction of the arrows or opposite the direction of the arrows.
  • #2
  • Mar 14, 2009 5:03am Mar 14, 2009 5:03am
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Click to Enlarge Name: bounce system 2.png Size: 29 KB


Horizontal line bounce at 1.3000 round number.
  • #3
  • Mar 14, 2009 5:11am Mar 14, 2009 5:11am
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Click to Enlarge Name: bounce system 3.png Size: 26 KB
  • #4
  • Mar 14, 2009 5:21am Mar 14, 2009 5:21am
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Click to Enlarge Name: bounce system 4.png Size: 27 KB
  • #5
  • Edited 5:03pm Mar 14, 2009 4:27pm | Edited 5:03pm
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Click to Enlarge Name: bounce system 5.png Size: 32 KB
  • #6
  • Mar 15, 2009 5:22pm Mar 15, 2009 5:22pm
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Click to Enlarge Name: bounce system 6.png Size: 24 KB


Trades taken with this system still running from Friday.
  • #7
  • Mar 15, 2009 6:47pm Mar 15, 2009 6:47pm
Some inspiration to this system comes from "No Brainer Trades" by BillyRayValentine.http://www.forexfactory.com/showthread.php?t=86429
  • #8
  • Edited 6:53pm Mar 26, 2009 6:35pm | Edited 6:53pm
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Click to Enlarge Name: bounce system 7.png Size: 27 KB


Attached File(s)
File Type: mq4 P-Monthly.mq4   5 KB | 477 downloads

Attached File(s)
File Type: mq4 P-Weekly.mq4   5 KB | 503 downloads
  • #9
  • Mar 27, 2009 2:05am Mar 27, 2009 2:05am
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Click to Enlarge Name: bounce system 8.png Size: 28 KB

Resistance under 50 fibs line.

Attached Image (click to enlarge)
Click to Enlarge Name: bounce system 9.png Size: 28 KB

Resistance under monthly resistance1.

Attached Image (click to enlarge)
Click to Enlarge Name: bounce system 10.png Size: 29 KB

Resistance under weekly resistance 2.
  • #10
  • Last Post: Edited 5:39am Apr 2, 2009 5:21am | Edited 5:39am
Attached Image (click to enlarge)
Click to Enlarge Name: bounce system 11.png Size: 30 KB


Attached Image (click to enlarge)
Click to Enlarge Name: bounce system 12.png Size: 33 KB


Nice moves, correlation followed.

I love this grid, it really helps:
Attached File(s)
File Type: mq4 Grid_v2.mq4   4 KB | 572 downloads
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