Hi Saver0! Love to see the outside the square thinking here.

I was with your thought experiment up until the 3 pip stop. You opened a BUY and a SELL and confirmed that there is a 90+% probability price will deviate in one direction 3 pips within the following 24 hours. Meaning this test didnt have a stop loss for the loosing side. So of the…[Read more]

Thank you for the indi saver0!

Anyone with techniques on how to trade with it?

Its not that scary really, depending on account size. One must consider the entire account as your stoploss. Its simply an “all in” approach. It worked quite well, but was a time bomb waiting to go off. Getting massive growth from a small account is quite advantageous and one must have multiple smaller accounts.

Saying all that the approach is…[Read more]

I spent about a year trying to develop such a system. It wasnt a random entry system, it was in fact the ‘back end’ or ‘recovery’ component of a normal signal based system. It all started from a train of thought of running a system without a stop loss. Things go really good until the inevitable margin call.

As stated above there are two options…[Read more]

If I am reading your indi correctly it is showing a change in direction well in advance of it happening. This indi needs more study.

Thank you!

Pivots exist and are real IMHO. However there are too many variants and they become subjective. They only seem rational in hindsight.

This is Alpari uk MT4.

Saver0, I have been using this indicator and TZ’s exclusively but I now have a new found respect for this indi!! Particularly the M15. Any chance of an MT5 version so I can see Alpari ECN data?

Below, settings are standard. Small dashes m15, large dashes h1, solid line 4h, bold solid line d1

I zoomed out so you can see…[Read more]

Anyone else using this indicator? I really like it but I have not used it a lot as I find it hard to read (very busy). More practice I guess.

Would be interested if anyone else has been using it and would like to share there experiences with it..?

Thanks.

Can you state your thoughts? What does the indicator “guess what” tell us?

That looks really cool!! I have been trailing Saver0’s csm version and this will be a great comparison too.

Thank you for even offering the contribution. Hopefully Kiads says yes. 

Anyone going to have a go at developing the ea?

Sorry I cant see the images you have posted. Interested in what you are saying..

Guys,

Has anyone considered using MAE/MFE analysis on the TZ strategy? It is a standard feature in the mql5 strategy tester.

Read more here: https://www.dukascopy.com/fxcomm/fx-article-contest/?Measurement-Of-Potential-In-Trading=&action=read&id=1861&language=en

Here is a script for mt4. Follow this page to the link, the poster explains how to…[Read more]