Did anyone know about ICWR ( Impulsive/Corrective Wave Retracement ) trading strategy??
Yes, I’v heard about it - it’s relatively a new thing
The Impulsive/Corrective Wave Retracement is a complex system. There is something called self-similarities which are fundamental properties of self-organized complex systems and is a matter of recent intense investigation by physicists and mathematicians. For more on Impulsive/Corrective Wave Retracement, check out this page.
p.s if you are looking for a nice platform to trade on and apply your strategies, try this one
You can download the PDF file for this system at the below link. I wasn’t using this system but I am constantly seeing their exit strategy work so I might start to consider it.
Topgun
http://www.babypips.com/forums/free-forex-trading-systems/471-great-system-new-guys-old.html
Thank you Trinat & TopGun 68…
No problem. If your a Metatrader user like me than I just found a custom indicator for this system. Just unzip this file into the folder below, restart metatrader, and it will show up in the custom indicator menu. Drag the indicator onto a 5 min chart and it will show up. This system is over a year old and it sounds like it doesn’t work to well unless the market is trending so I might use the exit strategy at a minumum.
C:\Program Files\StrategyBuilderFX 4\experts\indicators
Gann-ICWR v0[1].1.1 beta5.zip (4.16 KB)
thank you again for your kindness… but i dont see the zip file?
Oops, sorry about that. My boss walked in and I forgot to attach it 
. I have been reading a thread of 80 pages all day yesterday and this system sounded great until the end where it died off. The link below is where I got the indicator and also a thread that talks all about it. You will need to create an account to see the thread. (file is attached in my other thread above)
ok, i will try it, i hope you make a lot of pips…
Seems the link doesnt work anymore
Icwr is sort of an Elliot wave but traded differently. Some say it’s not getting credit it deserves but I couldn’t possibly comment.
Cheers
Have you used it? How is it?
I had broader look at it back then, honestly I think it is too subjective.
However if you are in a really strong trend(which you usually not able to completely confirm until price moved a good amount)
It gives you a fantastic exit strategy.
Personally I never capitalized on it and won’t recommend it either.
Cheers