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  #41  
Old 18-06-2010, 18:07
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Default thank you

hi egwig....first of all have to say thank you soo much for this.i had some profit in this.its nice concept.and am new to this forum and also first first i download urs only.thanks for your post:)
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  #42  
Old 18-06-2010, 21:37
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Quote:
Originally Posted by gururajfd View Post
hi egwig....first of all have to say thank you soo much for this.i had some profit in this.its nice concept.and am new to this forum and also first first i download urs only.thanks for your post:)
Hi Gururajfd

First I will say that you are very welcome.

Second, thank you for trying my system.

Third, I hope you do really well using it.

If you are making pips during this rather weird time that the markets are having just lately then just wait till they settle back into their more normal patterns.:D

Egwig:cool::cool:
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  #43  
Old 29-06-2010, 09:48
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Default Update

It seems that some of you are not seeing the indicators line up quite the same as mine.

The EgwigBUY, the EgwigSELL and the color_ma should all be following the same path - as in the images.

It seems that the color_ma has sometimes returned to its default settings.

I have tried to address this in the updated template.

Also there is a change of spread indicator.

The old one should not be used.

The same link as in the first post.;)

Egwig:cool::cool:
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  #44  
Old 07-07-2010, 12:18
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It is better viewed now no guessing.Good thinking.
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  #45  
Old 07-07-2010, 15:33
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Originally Posted by okitikan View Post
It is better viewed now no guessing.Good thinking.
Nice to hear from you again, Okitikan.

How are you doing with the strat?

Any spectacular wins? :D

Egwig :cool::cool:
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  #46  
Old 08-07-2010, 07:50
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First of all I'd like to Thank Egwig for the wonderful stratgey, it has actually helped me a lot. I made a little profit from it as well. Thanks again.
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  #47  
Old 08-07-2010, 14:46
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Quote:
Originally Posted by jason View Post
First of all I'd like to Thank Egwig for the wonderful stratgey, it has actually helped me a lot. I made a little profit from it as well. Thanks again.
It is very good to hear that you are profiting from using the Egwig Strat. Well done.

I would be interested to know how it is helping you besides financially. ;)

Egwig :cool::cool:
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  #48  
Old 09-07-2010, 13:36
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Egwig would you mind updating pdf according to the new RSI rules with lay in tpl folder ?
Ty!
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  #49  
Old 09-07-2010, 15:11
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Originally Posted by ramyalexis View Post
Egwig would you mind updating pdf according to the new RSI rules with lay in tpl folder ?
Ty!
Hi Ramyalexis and welcome.

I am not sure what you mean when you say,

'with lay in tpl folder.'

The pdf is up to date.

The relevant instruction concerning the RSI lines is shown in the attached image. It is part of the pdf..

Egwig :cool::cool:
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Egwig's Strategy-rsis.gif  
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  #50  
Old 11-07-2010, 12:36
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Ah yes...my fault! Thanx for pointing me out.
Any chances for resaults of using system for example of one month period ?
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  #51  
Old 12-07-2010, 10:42
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Quote:
Originally Posted by ramyalexis View Post
Ah yes...my fault! Thanx for pointing me out.
Any chances for resaults of using system for example of one month period ?
Are you asking me to produce all results for all time frames on all currency pairs for a one month period?
Jeez:eek:

I have included many images of successful setups and trades.
They are typical of what is possible.

If you want more then you are free to produce as many examples as you choose.- A little help would be greatly appreciated.

In the first post I suggested that traders experiment and post their findings. So far feedback has been very little. This is disappointing.

The system is not perfect. With more interaction between users it may be greatly improved. It is already one of the better systems and that includes the high priced commercial systems. Look back over the charts. You can see what setups would have given good results. The Egwig arrows do not repaint. All setups are exactly as they were in real time. Only the signals indicator setups are changed and not available to view later. Everything else is there for you to see. You can set any pair on any time frame and see what setups gave good results. You can compare one currency pair to another. You can compare one time frame to another. You can alter the settings on the indicators to see how this may give better confirmations.
Not all systems give you these opportunities.

This kind of experimentation and reporting back is what I was hoping for in return for offering the system free to the community. So far no improvements have been suggested.

It is up to you guys and gals. Together we could make this one of the most powerfully successful systems ever.
Don't just take and ask for more.

Egwig :cool:

Last edited by Egwig; 12-07-2010 at 10:44.
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  #52  
Old 12-07-2010, 10:59
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Quote:
Originally Posted by ramyalexis View Post
Ah yes...my fault! Thanx for pointing me out.
Any chances for resaults of using system for example of one month period ?
Are you asking me to produce all results for all time frames on all currency pairs for a one month period?
Jeez:eek:

I have included many images of successful setups and trades.
They are typical of what is possible.

If you want more then you are free to produce as many examples as you choose.- A little help would be greatly appreciated.

In the first post I suggested that traders experiment and post their findings. So far feedback has been very little. This is disappointing.

The system is not perfect. With more interaction between users it may be greatly improved. It is already one of the better systems and that includes the high priced commercial systems. Look back over the charts. You can see what setups would have given good results. The Egwig arrows do not repaint. All setups are exactly as they were in real time. Only the signals indicator setups are changed and not available to view later. Everything else is there for you to see. You can set any pair on any time frame and see what setups gave good results. You can compare one currency pair to another. You can compare one time frame to another. You can alter the settings on the indicators to see how this may give better confirmations.
Not all systems give you these opportunities.

This kind of experimentation and reporting back is what I was hoping for in return for offering the system free to the community. So far no improvements have been suggested.

It is up to you guys and gals. Together we could make this one of the most powerfully successful systems ever.
Don't just take and ask for more.

Egwig :cool:
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  #53  
Old 27-07-2010, 12:31
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Default sms alert

Hi Egwig

Is it posible for you to add an (SMS) alert to the v1 hour and 4 hour signals ?

Thank You, and your hard work is much appreciated. You are giving back.
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  #54  
Old 27-07-2010, 13:10
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Quote:
Originally Posted by topcat275 View Post
Hi Egwig

Is it posible for you to add an (SMS) alert to the v1 hour and 4 hour signals ?

Thank You, and your hard work is much appreciated. You are giving back.
Hi TC
Unfortunately my programming skills are limited to using 1980s BASIC.:p
and I am no longer in touch with my pet programmer. :(

However, any MA crossover type indicator set to 55/1 period with an alert would give a rough approximate guide.

But it would not show the state of all the other indicators and they are integral to the system as they show what is happening in higher TimeFrames.

The Egwig alerts simply prompt you to look at ALL the signals to see if a trade is feasible.

The alerts on their own are not enough. :)

Egwig :cool::cool:
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  #55  
Old 11-10-2010, 20:04
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Default An interesting pdf

This is a good explanation of currency, especially for beginners,

http://www.turbofap.net/guide-to-currency-trading.pdf

Egwig:cool::cool:
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  #56  
Old 25-11-2010, 11:23
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Default Need your attention!!! Please :)

You know... I have just the same situation...
I spent lots of time looking for the answer and at last I've found one here:
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  #57  
Old 29-11-2010, 07:36
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Thanks Egwig for the system - I have it on the hour charts on the 4 majors. Can you tell me roughly how many trades you get a week on each pair please.

I will run it also on the euro 15 mins, to get a feel for the signals. Going to trade it on a small live account.

Will report back how i get on and post a few charts.

Regards,

Paul
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  #58  
Old 29-11-2010, 10:33
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Decided NOT to go live and try a few more pairs. Took my first trade hit SL

See screen shot - price had been bouncing off support so I set a order just below and a stop on the first entry arrow.

Right onto the next one :D
Attached Thumbnails
Egwig's Strategy-gbpjpy.gif  
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  #59  
Old 29-11-2010, 17:45
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Default New template

Quote:
Originally Posted by padman View Post
Decided NOT to go live and try a few more pairs. Took my first trade hit SL

See screen shot - price had been bouncing off support so I set a order just below and a stop on the first entry arrow.

Right onto the next one :D
Hi Padman

Thanks for your interest.

When I first put EgStrat on the net I was hoping that several of us could work together on its development.

However, in spite of over 150 downloads not one person has taken up my request.

As you can imagine things have developed as I have continued to experiment with various pairs, indicator-settings and time frames.

I now find that the 30M TF on EURUSD and GBPUSD using a modified template is having better success.

In regard to the pair and TF you were trading consider these points.

1. As you observed, the support was strong just 25 pips below your short entry.
A target of 20 pips would have been advisable as the price would quite probably bounce again.

2. Using the latest template would show that all three indicators were in an uptrend where the old one shows down.

PM me for the 30M template if you would like to try it out.

It is not carved in stone.
It is an ongoing development.
I would be happy for you to be a part of it.

Again, welcome.

Egwig :cool::cool:
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Egwig's Strategy-gbpjpy2.jpg   Egwig's Strategy-gbpjpy1.jpg  
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  #60  
Old 02-12-2010, 10:59
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PM sent - mixed results this week - two small stop outs and i am now long on the euro.

Will post chart later.

Cheers

:D
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  #61  
Old 02-12-2010, 12:13
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Hers is the chart - I have changed the settings to match up with egwigs screen shots.

Got out at BE.
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  #62  
Old 02-12-2010, 12:17
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Cable sell - fingers crossed.
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  #63  
Old 02-12-2010, 14:17
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+30 pips I set my TP at the last swing low.

There were a couple more signals, but I did not take them as the news caused them.

If I get a retracement and then another signal will get in short on the beast.
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  #64  
Old 02-12-2010, 14:32
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Forgot my chart
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  #65  
Old 03-12-2010, 09:47
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+30 this morning, so 60 pips up in 2 days, will be live from Monday :D

Shutting down for the day now as its freaky Friday.
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  #66  
Old 03-12-2010, 14:38
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Quote:
Originally Posted by padman View Post
+30 this morning, so 60 pips up in 2 days, will be live from Monday :D

Shutting down for the day now as its freaky Friday.
Paul
I have just had a peek at your gif. You have reset the indies to the settings on my chart. That is all that the 30M template can do for you so you don't need me to send it. Well done.

This is what I would like people to do.

Experiment with different settings on the indies, TimeFrames, Currency Pairs and Trading Hours.

Let's find out what really works best for this system. It is already showing some promise. Perhaps we can perfect it. :D

Egwig:cool::cool:
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  #67  
Old 06-12-2010, 11:47
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Live trade +50

Over 110 pips in three trades :D

That will do me for today - back tomorrow
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  #68  
Old 07-12-2010, 09:46
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Quote:
Originally Posted by padman View Post
Live trade +50

Over 110 pips in three trades :D

That will do me for today - back tomorrow
Well done, Paul

I convinced myself it was going all the way down to the daily pivot and hung in for the 'big one'.
It bounced off the weekly and I ended up with 15 miserable pips when I eventually chickened out.

All good fun.

Did you catch the 7am Flyer this morning? (GMT) EURUSD long.

Another nice little earner

Keep on pippin.

Egwig :cool::cool:
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  #69  
Old 07-12-2010, 13:17
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No, missed that one as my internet getting dropping connection this morning -The overhead phone line had thick ice on it this morning, that may of been the problem. Came back on at 9.30am and so far NO trades :(

I hope you got it :D
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  #70  
Old 07-12-2010, 20:43
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Into a sell on eu and +33 now and at BE for a free run. Might be a short on cable setting up, I will not take it, as I only like to do one trade at a time - FINGERS CROSSED, will post a chart tomorrow.

GL
padman
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  #71  
Old 08-12-2010, 11:26
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Quote:
Originally Posted by padman View Post
Into a sell on eu and +33 now and at BE for a free run. Might be a short on cable setting up, I will not take it, as I only like to do one trade at a time - FINGERS CROSSED, will post a chart tomorrow.

GL
padman
I wondered if you would jump onto the evening express last night.

Turned out to be a right little cracker, a possible 135 pips. Whoo Hoo. :D

Looks as if EU is lining up for a long this PM.

In spite of all the gurus saying go short I think this will bear watching but with care.

Keep 'em crossed PaddyMan, old bean

Egwig:cool::cool:
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  #72  
Old 16-12-2010, 14:38
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Hi Guys,

Into my last trade on the system today, long cable, +24 and going for 40 pips.

This will be my last trade until 2011.

I have done LOTS and LOTS of back testing on LOTS of pairs + some forward testing on all pairs. I have had some great wins and some horrid losers.

Will only be trading two pairs live come the New Year - guess which two :)

I will start up a journal in 2011 and put all my results and charts for my entries, win or lose :)

So have a Merry Christmas and a very pipping New Year.

BIG BIG thanks for the strat egwig. appreciated :D :D

GL Paul
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  #73  
Old 16-12-2010, 18:00
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Hi Egwig!
your strategy seems quite good enough, liked to begin to experiment with it. (Tf's, pars, tp, sl, etc ...)
but I prefer work on lower tf (5M, 15M, 30M)... have you new templates or indicators to experiment? You can share them?
Sorry for my bad English
Cump´s
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  #74  
Old 16-12-2010, 18:49
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Quote:
Originally Posted by GoodVibrationS View Post
Hi Egwig!
your strategy seems quite good enough, liked to begin to experiment with it. (Tf's, pars, tp, sl, etc ...)
but I prefer work on lower tf (5M, 15M, 30M)... have you new templates or indicators to experiment? You can share them?
Sorry for my bad English
Cump´s
Hi and welcome

You can use the strat on any Time Frame.

It seems to be giving good results on 30M now on EURUSD and GBPUSD.

Also 15M seems OK.

Keep experimenting and find out what settings work best on each TF.

================================

Paul

You are very welcome.

Thank you for your feedback so far.

A journal would be a great asset. Thanks for that.

Have a great end to the year, guys.

Regards

Egwig. :cool::cool:
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  #75  
Old 16-12-2010, 23:10
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Quote:
Originally Posted by padman View Post
Hi Guys,

Into my last trade on the system today, long cable, +24 and going for 40 pips.

This will be my last trade until 2011.

I have done LOTS and LOTS of back testing on LOTS of pairs + some forward testing on all pairs. I have had some great wins and some horrid losers.

Will only be trading two pairs live come the New Year - guess which two :)

I will start up a journal in 2011 and put all my results and charts for my entries, win or lose :)

So have a Merry Christmas and a very pipping New Year.

BIG BIG thanks for the strat egwig. appreciated :D :D

GL Paul
When the signal bar crosses the color MA on the wrong color as this did, there is a likelihood of a retracement.

Consider waiting for the second signal bar, (if it happens) on the correct color.

Your trade did actually struggle to make your 40 pips but only if the SL factor was set to a hefty 3.6.

With a more modest setting of SL factor 1.5 the second opportunity still is showing a possible 36 pips profit and could in fact make the 40 but with less risk.

Egwig:cool::cool:
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Egwig's Strategy-cable2.jpg   Egwig's Strategy-cable1.jpg  
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  #76  
Old 19-12-2010, 16:55
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Quote:
Originally Posted by Egwig View Post
When the signal bar crosses the color MA on the wrong color as this did, there is a likelihood of a retracement.

Consider waiting for the second signal bar, (if it happens) on the correct color.

Your trade did actually struggle to make your 40 pips but only if the SL factor was set to a hefty 3.6.

With a more modest setting of SL factor 1.5 the second opportunity still is showing a possible 36 pips profit and could in fact make the 40 but with less risk.

Egwig:cool::cool:
I did not get my +40 - I went to BE and thats what I ended up with :(

I enterd this trade on the 15min. I have started to use this time frame more and more of late.
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  #77  
Old 28-04-2011, 16:48
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Egwig,can you share the 30M template ,if I may ask? Thanks for sharing your trading system,I know myself how hard work is to develop and find the best one.:o
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  #78  
Old 28-04-2011, 18:09
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Quote:
Originally Posted by vladv View Post
Egwig,can you share the 30M template ,if I may ask? Thanks for sharing your trading system,I know myself how hard work is to develop and find the best one.:o
Hello Vladv

Everything you need is in the link on the first post.
If I remember correctly:p

Egwig:cool::cool:
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  #79  
Old 29-04-2011, 17:09
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Hi Egwig,

Thanks for sharing! Will download it to my other computer and will have closer look on it.

Edwig's strategy, maybe it's gonna be a brand ;)
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  #80  
Old 29-04-2011, 23:07
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Quote:
Originally Posted by dannylohra View Post
Hi Egwig,

Thanks for sharing! Will download it to my other computer and will have closer look on it.

Edwig's strategy, maybe it's gonna be a brand ;)
Welcome, Danny

Have fun.

Egwig:cool::cool:
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