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Sir. Williams (wilfredoaa)
Nov 22 2010 at 13:59
82 posts
Here is the EA.

Grace is the greatest thing ever!
Akhahowa Osakpolor (osasyankee)
Nov 22 2010 at 15:01
22 posts
Sir. Williams (wilfredoaa)
Nov 23 2010 at 01:42
82 posts
last time somebody from admin told me not to put links of my web site.. so you have to go to my site.. ewilfredo.com or add me to skype. id wilfredoaa

but the EA doesn't work yet.. still in progress to be develop.

Grace is the greatest thing ever!
Sir. Williams (wilfredoaa)
Nov 24 2010 at 08:51
82 posts
Man i was sleeping when 1.3573 happen in EUR/USD so I miss some pips.
Now I am scoring from the move of 1.3440

I am trying to scalp to give me early entries and more trades and honestly 1m to 30m time frames don't really work. I got some whips from sideway action. But I feel real good about just using 1h time frame, h4 and daily charts.
Always have in mind the h4.. I discover a pip automatic counter for zig zag lines.

You can set up to 2, 4, 20 and what it will do is give you that length of pips automatic once the line is finish.

To view samples and download the the indy. Go to https://ewilfredo.com/simplestrategy.html

I also find out that when a line is drawn to late for example an up line and then price is almost half down way when the line is form. This is a good side that price is sideways. On the other hand if the line forms very close to where the price action is... you have a trendy price.
Look at the updates I made. Thanks for the good feedback.

Grace is the greatest thing ever!
Chris (Krysztau)
Jan 02 2011 at 02:19
68 posts
Hi,

I wonder did anyone tried it with other pairs?
I have found nice tool for manual backtesting It's EA called Trade Simulator
https://www.forexfactory.com/attachment.php?attachmentid=89818&d=Feb%2025,%202008%208:18pm
It ymulates movement of a price basing on chart history revealing one move at a time bar after bar, you can place and close your virtual orders to see how would you do in real life. It let you demotrade over a month of data within one day.

I really like trend indication from this method. I noticed, that it's based on candles lows and highs [to simplify: break of low of previous two candles indicates trend change to down and vice versa for uptrend]. It also takes into consideration range periods, and your suggestion to not to trade 'too long' candles makes it perfect [well here's the secret of holy grail - final decision shall I trade]

I trade off 4H charts getting better and better.

I paper-traded using trading simulator on EU, I started on 1 FEB 2010 took 15 trades, 6 lost [-400, -286, -177, -90, -270, -220] with total net profit 3689. I traded various sizes dependably how convinced I was.

Sir. Williams (wilfredoaa)
Jan 15 2011 at 07:00
82 posts
nice Krysztau.. I love your strategy tester.. Thx for sharing it with us.

Grace is the greatest thing ever!
Chris (Krysztau)
Jan 15 2011 at 11:54
68 posts
It has some flaws, definitelynot good for scalping, but if you trade for 20 pips profit or more, it will be perfect, and it's much better than scrolling chart with F12 button ;)

It's not exactly mine, I found it on FF, but it was code by some FX company, you can see the author field.

Sir. Williams (wilfredoaa)
Jan 15 2011 at 18:25
82 posts
Have you guys tried the zig zag strategy on 1 monthly charts? It looks very interesting. Since the faster zig zags cover a lot of pips.

Grace is the greatest thing ever!
Sir. Williams (wilfredoaa)
Jan 15 2011 at 18:59
82 posts
Krysztau can you get on skype I want to ask something. My skype ID is wilfredoaa.

Grace is the greatest thing ever!
Sir. Williams (wilfredoaa)
Jan 15 2011 at 20:09
82 posts
man.. that trading simulator is so cool Krysztau.. finally something for manual traders to use.

Grace is the greatest thing ever!
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