I LOVE THE BZ

trading strategies and money management discussion, code, results

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csbueno
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Postby csbueno » Sun Jan 24, 2010 6:07 pm

noone22 wrote:The first criteria for sucess is to have a perfect system.
Second: to master it.
Third: become profitable with it.
Only after that one could start thinking about delegating
human's responsibilities to computer or EA.

I'm currently between first & second.
But not with BZ - it has proved to be mysteriously
unprofitable for me.
Am I the only unlucky one with it?
Or just brave enough to say this loudly on TRO's forum?




Hey Noon.




I`ve been profitable with BZ --- http://csbueno57.mt4stats.com/

Not all trading methods/systems fit all personalities. I.E. I have friend that trade BZ with GBPJPY, and he is very succesful; personaly I just cant cope with that pair using BZ.

Regards

Carlos

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newschool
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Postby newschool » Fri Jan 29, 2010 2:57 am

Since there is a little talk about EAs in this thread, I will comment about it.

After some optimization (wich tells us what input is the best for profit), I get those results in H1 (GU) :

- BZ pips = 10 pips
- SL = 7 pips
- Trailing of 8 pips is better than TP
- Best BZ hours are at the markets opening (7 and 8 for GU)

Comment?

csbueno
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Postby csbueno » Fri Jan 29, 2010 3:00 am

newschool wrote:Since there is a little talk about EAs in this thread, I will comment about it.

After some optimization (wich tells us what input is the best for profit), I get those results in H1 (GU) :

- BZ pips = 10 pips
- SL = 7 pips
- Trailing of 8 pips is better than TP
- Best BZ hours are at the markets opening (7 and 8 for GU)

Comment?


Sounds Logical. need to try a TS -

I usually set my Sl to breakeven asap., but its worth trying something different-

regards

C.

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noone22
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Postby noone22 » Fri Jan 29, 2010 6:44 am

newschool wrote:Trailing of 8 pips is better than TP


More details about "trailing".

Is it - to wait until price move 8 pips in your direction,
and then - move both target and stop by N pips?
What is N then?

Or it is something else?

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TheRumpledOne
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Postby TheRumpledOne » Sun Jan 31, 2010 5:34 pm

noone22 wrote:The first criteria for sucess is to have a perfect system.
Second: to master it.
Third: become profitable with it.
Only after that one could start thinking about delegating
human's responsibilities to computer or EA.

I'm currently between first & second.
But not with BZ - it has proved to be mysteriously
unprofitable for me.
Am I the only unlucky one with it?
Or just brave enough to say this loudly on TRO's forum?


A perfect system does not exist. If you think you have one, please post it.

It's not my forum.

I don't mind you saying the BuyZone is not profitable for you.

The question is why?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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newschool
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Postby newschool » Sun Jan 31, 2010 7:36 pm

noone22 wrote:
newschool wrote:Trailing of 8 pips is better than TP


More details about "trailing".



Just a normal trailing stop, once the trade is profitable by 8 pips minimum.

Footrot
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Buy Zone like a rat

Postby Footrot » Wed Feb 03, 2010 12:28 am

TheRumpledOne wrote:Buy Zone works even better if you trade like a RAT!


Dear Tro
Please elaborate on how to use buy zone in rat mode?
Thank you.

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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 03, 2010 2:20 am

THE RAT always turns left.

If you are a GREEN RAT, then you always trade long.

If you are a SHORT RAT, then you always trade short.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

Footrot
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Postby Footrot » Wed Feb 03, 2010 3:41 am

TheRumpledOne wrote:THE RAT always turns left.

If you are a GREEN RAT, then you always trade long.

If you are a SHORT RAT, then you always trade short.


OK one way only.
Thanks I just had 2 trades where both long and short stops were hit!!
Not any more!

frang0nve
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Postby frang0nve » Mon Feb 08, 2010 4:53 am

Hi Carlos,



Can I ask you if you trade like a green rat with this strategy or you take sell and buy signals?

Cheers

Francisco

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