Simple's Green Room

[simplegreen]

pennies I'm glad some of you see the merits of using the COG since it might now mean some fruitful discussions and some standards developed...I have been using it as you all know but get weary of matching factors such as a particular pairs volatility...sample period etc.Once done its really good but a template just about needs to be set up for each pair and TF to get max benefit.My thoughts are that 1 deviation may or may not be good and BTW it appears that sample period of last 4 H4 candles should suffice for M1 and should be reliable on higher TFs up to at least M15...anyway before I get sidetracked in my thinking here goes...the deviation is very important so consider this...when we set fibs on a chart we expect .618 retraces on cycling pairs...often .764 and best trades usually go to .882...with this in mind I am now setting kstd and ksd internal both at .882 then go to the "m" factor to try to adjust the volatility curve to match price action.Sometime its a 4 and sometimes it might be 5 depending on the pair..m factor adjusts the reaction of COG to price action pretty nicely.I just closed an E/NZD long for some good pips on M5 chart using this method and here are params I have set on it trading M5

960
5
0
.882
.882

Any thoughts you guys may have are sure welcome..BTW if you go to E/NZD and set these params check it out on all TFs from daily down...looks danged good to me