DislikedSo, you do not recommend to enter a position if it moves in the opposite direction? Or only not to double it?Ignored
Best regards
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DislikedSo, you do not recommend to enter a position if it moves in the opposite direction? Or only not to double it?Ignored
DislikedHi dachelm,
what exactly is your periodBegin & periodEnd value?
Is it 03:00/04:00 or 04:00/08:00?
I mean for the Panca Eagle indi on TFH4.
Need calibration here
TIAIgnored
Dislikedhi dachelm, thanks for sharing this system. Looks good on Cable too with perhaps a channel size no greater than 100pips.
If one order gets triggered, why do you cancel out the other one?Ignored
DislikedYou are right
04:00-08:00 is the period. But if you are going to use the indicator in the 4h chart I suggest you to set up the range 0:00-5:00 because if you input the 08:00 it will get the next candle too. so set up as I told you only if you are going to use the 4h chart. Wich I strongly recommend to avoid confutions ok?
ThanksIgnored
DislikedI had a loss too, but I have doubled the position when it moved short and I had a profit!Ignored
DislikedI don't need an indicator to find the 0400 4H candle, if that's the one it is.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 if the channel...Ignored
DislikedHi Dachelm,
Thank you for sharing this method and it is still relevant today. I have tested it and it works very well. Please can you sent me the indicator and the EA. Many thanks.
Gregoga.Ignored