Questions on BunnyGirl Cross System

I have a couple of questions about the BunnyGirl Cross system. Hopefully someone can help me.


First, assuming all the conditions are right to enter a trade according to the system, do I enter it only immediately after the cross of WMA5 and WMA20 have occurred? Or can I enter any time after that cross as long as the enter conditions still hold?

Second, I'm not sure I understand what a filter is. The pdf on BGX said to use a filter to eliminate frequent stops and catch the trend at the right time. Can someone please explain?

TIA!

Squid

from what i understand as soon as the WMA5 and WMA20 cross you put down 2 stop orders, one 20 + spread up to buy and one 20 down to sell. Think it was 30 for gbp/usd. Then you can catch it not matter which way it breaks and it takes out the chop.

Actually, that is incorrect. You only put a buy or sell stop on in the direction of the cross. If the wma5 crosses above the wma20, then this is a bull cross, so you would be placing a buy stop order. If wma5 crosses below the wma20, then this is a bear cross and it would be a sell stop order.

The filter is designed to keep you out of whipsaws. If you draw a line at the intersection of the wma5 and the wma20, take note of the price, then add or subtract 20 pips (for eurusd) depending on the direction of the cross (bull or bear). Place your buy or sell stop order at this 20 pip level. (If placing a buy stop order, keep in mind that you need to account for the spread, so it may be 22 or 23 pips.)

If you don't quite get the information in the document, I would take a look at the appendix in BGX.pdf. Look for the subject you need info about. I had added where in the original Bunnygirl thread the topic had been addressed. Or, you could read the entire thread.

Regards,

stockwet

Feel free to take a look at the newer version of the BGX doc: http://mysite.verizon.net/stockwet/BGX.pdf.

Thanks to both of you for your replies. It does make sense from reading the original pdf posted on this site that you only place a stop in one direction.

And thanks especially for the update, Stockwet. Now I see why the filter is put in place. I had modeled a similar kind of system without the filter on mt4 and noticed how the choppiness ate any profit.

Squid

Hi Stockwet,

Thank you very much for your generousity regarding BGX doc. Your update
revision is excellent .It's a good resource for learning .
Thanks again

...Where do we get the BGX program to install on Metatrader 4? Thank you.

Try this thread: http://strategybuilderfx.com/showthread.php?t=13023. You might find some useful indicators.

For you VT Trader folks you there, you are not left out. There is a VT version of the bunnygirl cross at http://forum.vtsystems.com/index.php...2&hl=bunnygirl