Hello Steve,
No worries. You are truly a giver. I was just passing on the information.
Regards,
Jeff
No worries. You are truly a giver. I was just passing on the information.
Regards,
Jeff
A Simple London Breakout V.2 1,487 replies
Another Simple London Breakout System (with a twist) 46 replies
Simple london breakout v.9.2 error 1 reply
Disliked
Would it be more beneficial to adjust our box times 1 hour earlier?
*The default times from post #1 are based off of GMT +0 which would translate to 03:00 to 06:00 and 02:00 to 05:00, respectively.
I will leave it open for discussion.Ignored
QuoteDislikedI know Mer will hate me when I suggesting to use another indicator. But for me it really helps me to find where to fire my trade and securing me from lost trade if we use trend channel indicator. It works like wonder for me.
QuoteDislikedHi mer071898,
Just being a newbie in FX trading I wish to have some clarification & or guidance.
Firstly I live way down in the south pacific ( the land downunder), when you are discussing the 3.00- 6.00 time are you referring to the time in London as 3.00am to 6.00 their time?
QuoteDislikedyesterday has been a bad day, lots of SL. when market is range bound we hit SL on both sides.
DislikedMer, just to give you some rough feedback about your 1 hour earlier change
I used Sangmane's ea (which has the box entries perfectly in line with your trades, however the reentries are slightly different, I explained in an earlier post) to backtest the hour change for you on just GU for a 1 year period
It also uses your martingale method
10k starting balance
Original hours: profit +$2440
Adjusted hours: loss -$4870
Obviously, this is only 1 pair over 1 year, but not nice even so
Just thought i'd give some feedbackIgnored
DislikedOkay, here is my understanding of things. London open is normally 8:00 UK time (2:00 am EST for me) and the Frankfurt open is 1 hour earlier at 7:00 am UK. This would normally be GMT +0, but we are in British Daylight Savings time until Oct. 31, 2010, which now makes the London open and Frankfurt open now GMT +1.
Ignored
//Calculate the high and low bhighest = iHigh(symbol, PERIOD_M15, iHighest(symbol, PERIOD_M15, [color=Red]PRICE_HIGH[/color], StartShift - EndShift, EndShift)); blowest = iLow(symbol, PERIOD_M15, iLowest(symbol, PERIOD_M15, [color=Red]PRICE_LOW[/color], StartShift - EndShift, EndShift));
DislikedProblem is here:
Change PRICE_HIGH / PRICE_LOW to MODE_HIGH / MODE_LOW will fix it. Longer description of this problem I sent you in my last PM two days ago.Inserted Code//Calculate the high and low bhighest = iHigh(symbol, PERIOD_M15, iHighest(symbol, PERIOD_M15, [color=Red]PRICE_HIGH[/color], StartShift - EndShift, EndShift)); blowest = iLow(symbol, PERIOD_M15, iLowest(symbol, PERIOD_M15, [color=Red]PRICE_LOW[/color], StartShift - EndShift, EndShift));
Thank you.Ignored
//Calculate the high and low bhighest = iHigh(symbol, PERIOD_M15, iHighest(symbol, PERIOD_M15, MODE_HIGH, (StartShift - EndShift [color=Red]+ 1[/color]), EndShift)); blowest = iLow(symbol, PERIOD_M15, iLowest(symbol, PERIOD_M15, MODE_LOW, (StartShift - EndShift [color=Red]+ 1[/color]), EndShift));