Go Back   BabyPips.com Forex Forum > "The Holy Grails" > Free Forex Trading Systems
Free Forex Trading Systems Got the "Holy Grail" system? Want to share it for free and become everyone's hero? This is the place to do it. (No advertisers please!) Also, follow along as our very own Pip Surfer posts daily updates from his Cowabunga System in the Pip My System Forex Blog.

Welcome to the BabyPips.com forum!

You are currently viewing our boards as a guest which allows you to view the discussions, but prevents you from contributing. By joining our FREE community you will be able to do all of the following:

  • Post topics & responses to other discussions
  • Communicate privately with other members (PM)
  • Respond to polls
  • Upload content
  • Post comments on our blogs
  • Contribute on our Forexpedia

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.



View Poll Results: Please feel Free to Rate this System
Made Money 55 69.62%
Lost Money 24 30.38%
Voters: 79. You may not vote on this poll

Reply
 
LinkBack Thread Tools Display Modes
  #61 (permalink)  
Old 04-02-2007, 09:21 AM
Senior Member
 

Join Date: Dec 2006
Location: Charlotte, NC
Posts: 179
Send a message via AIM to ahefner33 Send a message via Yahoo to ahefner33 Send a message via Skype™ to ahefner33
Default

Hey James,

I am a bit confused looking at other examples and reading your post about the IB. What I get out of it is that the next candle needs to be smaller in distance (from high and low) than the high and low of the previous candle. From the posted attachments, I noticed that the IB candle is in between the high and low of the previous candle instead of just being smaller than the previous? Does it have to be smaller in the amount of pips from the previous or within the high and low of the previous? Thanks.

Adam

great work by the way.
Reply With Quote
  #62 (permalink)  
Old 04-02-2007, 09:54 AM
james's Avatar
Superior Master Contributor and Member
 

Join Date: Nov 2006
Location: London
Posts: 676
Send a message via MSN to james Send a message via Skype™ to james
Default

Hi It has to be within the whole candle including any shadow's also it can be the same size but not 1pip higher or 1 pip lower

Last edited by james; 04-02-2007 at 09:59 AM.
Reply With Quote
  #63 (permalink)  
Old 04-02-2007, 11:55 AM
Senior Member
 

Join Date: Dec 2006
Location: Charlotte, NC
Posts: 179
Send a message via AIM to ahefner33 Send a message via Yahoo to ahefner33 Send a message via Skype™ to ahefner33
Default

Quote:
Originally Posted by james View Post
Hi It has to be within the whole candle including any shadow's also it can be the same size but not 1pip higher or 1 pip lower
gotcha.... Thanks.
Reply With Quote
  #64 (permalink)  
Old 04-02-2007, 01:40 PM
Senior Member
 

Join Date: Dec 2006
Location: Charlotte, NC
Posts: 179
Send a message via AIM to ahefner33 Send a message via Yahoo to ahefner33 Send a message via Skype™ to ahefner33
Default

How come MT4 won't let you use a trailing stop no smaller than 15 pips?
Reply With Quote
  #65 (permalink)  
Old 04-02-2007, 03:13 PM
priest9's Avatar
Newbie
 

Join Date: Mar 2007
Location: The Netherlands
Posts: 38
Default

Can't we make a simple indicator for this? I don't have programming XP, but it shouldn't be so hard... Maybe a nice (email) alert

IF high is lower or equal to previous bar
AND IF low is high or equal to previous bar
THEN make current bar BLUE

Last edited by priest9; 04-02-2007 at 03:16 PM.
Reply With Quote
  #66 (permalink)  
Old 04-02-2007, 03:17 PM
james's Avatar
Superior Master Contributor and Member
 

Join Date: Nov 2006
Location: London
Posts: 676
Send a message via MSN to james Send a message via Skype™ to james
Default

That's what the scanner is for but if your new to forex just use one pair it will make it easy to spot the IB's

Regards
James

Last edited by james; 04-02-2007 at 03:26 PM.
Reply With Quote
  #67 (permalink)  
Old 04-02-2007, 03:30 PM
priest9's Avatar
Newbie
 

Join Date: Mar 2007
Location: The Netherlands
Posts: 38
Default

Well, I'm not a fulltime trader. But I always have access to my email and my trading platform. It would be a great sollution for me, so I don't miss a good trade.
Reply With Quote
  #68 (permalink)  
Old 04-02-2007, 03:53 PM
james's Avatar
Superior Master Contributor and Member
 

Join Date: Nov 2006
Location: London
Posts: 676
Send a message via MSN to james Send a message via Skype™ to james
Default

You should use a broker were you can see data on a mobile or pda then just phone the order .

Regards
James
Reply With Quote
  #69 (permalink)  
Old 04-02-2007, 04:35 PM
 

Join Date: Feb 2007
Posts: 3
Default

Hi james,
Few questions:

1. How long have you used this system?
2. How successful have you been? In terms of average pips a month?
3. Which currencies do you trade on normally?

Thanks
Reply With Quote
  #70 (permalink)  
Old 04-02-2007, 04:42 PM
 

Join Date: Mar 2007
Posts: 2
Default

could james or any one post more charts if that is ok
i got the IB thing alright - i think - , but the stoch indicator i did not got the
hang of it yet.
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump


All times are GMT -4. The time now is 12:36 AM.
Content Relevant URLs by vBSEO 3.2.0
"In the middle of difficulty, lies opportunity."
Albert Einstein