[dpaterso]

Hi Thomas,

I use the defaults which are as follows for me:

GCI - 0.02 / 0.2
Delta - 10 / 2 / 20
Tradex - 0.02 / 0.2

I can only assume that looking at those figures each broker just has a different way of computing the constants and I would imagine that they are all using the defaults as above.

Having said that - Parabolic SAR at Delta and Tradex are always exactly the same BUT at GCI it is different - many more false signals.

I've got to tell you though - as I type - I am now sitting on profits of $18522.52 believe it or not (at some point today it was over $20K) - and that is since yesterday morning!!! I do know that all of this carry trade business may be exaggerating my profits i.e. ???/JPY is where the big amounts are sitting - but having said that - it really is the most profit that I have ever seen displayed on my screens at any one time in seven months (it's even bigger than any single loss that I usually have displayed on my screen). So far - you just can't beat this indicator!

Once again - what seems to be working for me anyway: open positions on as many pairs as your margin will allow - and work it every day. The last time I tried this (when I started this thread) I had to stop following the indicator because I nearly ran out of margin i.e. not enough margin to cover all the pairs I had open positions on but this time I've thrown some serious $$$ at it to make sure this does not happen again and so that I can see all the trades through, based on the indicator, to the end of the month. I'll tell you though - it takes either a very stupid man or a man with balls of steel - to not take $20K off the table - I'm not sure which man I am right now but I'm seriously hoping its not the stupid man!!! The problem is this: if you do take your profits early you may have to wait a long time (especially when trading the daily charts) for another signal i.e. another Parabolic SAR dot to appear and on some of these pairs I can tell you it will be many days before another valid entry point appears and I have learned the hard way that there is no point in entering a position when you already have five or six or more Parabolic SAR dots displayed i.e. invariably a late entry almost always seems to turn into a loss.

Regards,

Dale.