Ok, but I see that you've uploaded the indicator to the first post. Thank you very much
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Dislikedhi Dachelm, please could u kindly explain in a step by step manner how a total novice like me could start implementing a simple system like yours. i would really be glad if u can help me get started....thanksIgnored
DislikedHello everybody.
Im posting my new strategy here, this is my first post in this site and I wish you happy pips with it.
I used (IBFX) to perform the back test.
Here's the deal.
1. Open the 4 hour chart
2. Take the Hi and Lo of the second candle of the day (GMT)
3. Place an Buy order 10 pips above the Hi and 10 pips below the Lo
(you can use the Eagle Breakout Indicator for easy visualization)
4. When the price hit an order cancel the other.
5. You should place your SL at the other side of the channel.
(don't enter the trade if the channel...Ignored
DislikedHello everybody.
Im posting my new strategy here, this is my first post in this site and I wish you happy pips with it.
I used (IBFX) to perform the back test.
Here's the deal.
1. Open the 4 hour chart
2. Take the Hi and Lo of the second candle of the day (GMT)
3. Place an Buy order 10 pips above the Hi and 10 pips below the Lo
(you can use the Eagle Breakout Indicator for easy visualization)
4. When the price hit an order cancel the other.
5. You should place your SL at the other side of the channel.
(don't enter the trade...Ignored
Dislikedhttp://i359.photobucket.com/albums/o...chelsystem.gif
I found out this system become more powerful when combine with MA5Ignored
DislikedAbisha this H4 system but u ve pasted H1 image .is this work correctly on H1 period???Ignored
Dislikedhttp://i359.photobucket.com/albums/o...chelsystem.gif
I found out this system become more powerful when combine with MA5Ignored
Dislikedannotation:
i would use an 10 SMA (instead of an 5 "whatever"MA)
having better results with it...Ignored
DislikedHi laphoenix,
This thread appeared to be dead...what "better results" are you experiencing? My own GJ breakout system has failed quite miserably over the past two weeks.
Thanks,
BCIgnored