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It's funny that so many people backtest. If backtesting was all that great then wouldn't somebody have cornered the market by now. I think it's like jjrvat said above "The answer is very easy a valid trade is a valid trade no matter how hard we try to “tweak” or improve or...

Even works on a slow day like today. Lower highs, lower lows, SHORT!... pips in my pockets.

Thanks jjrvat. I agree with you on PERSPECTIVE. To, it's funny how SOME PEOPLE try to prove something doesn't work. They'll spend hours, days, weeks, etc... running backtest so they can proclaim they proved you wrong. SOME PEOPLE see my indicators and freak out. They seem to think I...

I will respond to conversations and debate about learning HOW to trade. I will not address negative comments and I expect others not to either. In the event we find ourselves in the midst of a disgruntled trader, we need to ignore and move on. Deal? Debate is healthy, arguing is not.

I am NOT creating anything. I have no control over how others choose to react or respond. I am NOT responsible for the actions of others. My posts were merely to show another way of looking at jjrvat's method by using the MACD. I have not suggested altering his method at all. The color...

No pumping from me at all. I never mentioned how to obtain my indicators but you just did.

There is no conflict. I can either take a fast 5 pips or I can wait until the bar changes color.

Sure have to love those lagging indicators that keep pumping out the pips :D

If you read the thread then you will see that jjrvat posted a COMPLETE PBP trading plan. jjrvat has posted numerous examples of how this plan works.

Yes.

EFX is MB Trading now.

Chop? I don't see any chop. Slippage only happens to those who are not savvy enough to use LIMIT ORDERS. These indicators mirror jjrvat's method.

You guys are missing the point. Pumping indicators? Yes, that's right, I am so busted. I pump out a new indicator every other day or so...LOL! Seriously, I use this on the M1 time frame and scalp for 5 gross pips. I enter my TP, right after I am filled. Since I don't use a fixed...

Been scalping the GBPJPY long.

Life is so funny... Some people ALWAYS trying to tell those who are doing it IT CAN'T BE DONE!

You get a different look on the H1 chart period. I'll be quiet for a while unless someone asks me a question. P.S. The yellow line is the EMA(240) that's why the 2 by 5 is green. The other line is the LWMA(240) which is above the EMA(240). HEATMAP just uses the EMA (for now).

Now, I'm just having way too much fun! My new MOVING AVERAGE HEAT MAP shows what moving averages are on top... I have a switch so it can by row by col or col by row. I like col by row... I look at the 5 column and see INSTANTLY if the MA(5) is above or below all the other moving averages.

No, you don't need the MACD, not really. But as a VISUAL AID and LEARNING TOOL, it sure is simple to see when to go long, sell, go short and cover.

You're missing my point... MACD is just another way of looking at it... makes it easy to see/understand.

The COLORED MACD bars may make it even easier to see. Bright green, means increasing above the line and Bright red measind decreasing below the line. In other words, long on bright green, short on bright red. Exit when color turns from bright to dark.