Another exampler, later that same day. Nice thread Jim.

Since IBs are showing us consolidation. Draw a few trendlines and trade the break of the consolidation. In this case we had a nice pennant. Two charts attached: 60min with TLs 15min showing breakout

Yes, they are both on the C drive and both pointing to them It does not show the C in front of the folder names on the lower image, but I had to go into the C drive to get to where those folders were. I did change the folders over after I posted ...

Downloaded and tried to run the files. Everything is installed correctly and both files where on the charts I selected (after I deleted all profiles in both platforms). It is getting an error and can not find the destination folder. I opened up my ...

Hey Lenoxer, I noticed your SLOGAN under your username. Had this picture on my computer.

If 1. This is a current system you are trading! 2. You have an EA that you are using! 3. You have rules to trading this! How about posting the SETUP, EA and RULES in your first post!!! Instead of giving us the hype and waiting for you to put this in ...

Pipping, Sorry I missed your post. Sonic covered it pretty well. If you plot your boxes on your charts and look back, you will see times that pairs will still move a lot even though they move up to 100 and sometimes more before the TRADE TIME. A few ...

SORRY PROFI, Evidently someone in this thread does NOT want me to share the MAs I am using with you in this thread. I replied with a post earlier with details and it has been moved to the RECYCLE BIN. I am not going to post a link to it due to ...

I modified the ATR PIPS indicator above to post the text in the MAIN CHART WINDOW instead of a seperate window at the bottom, since the indicator was not drawing a line.

I have seen a lot of posts today of trades that were entered and did not give profit. Two things that you may not be considering. 1st: Trade with the trend. Use a trend indicator and trade only in that direction and you can leave the trade on. ...

Thanks for posting it Rialto. Someone had asked earlier today which indy I was using. This one is it. It has an OFFSET (CUSHION) feature on it.

I am posting two pictures related to the close of your box. This may depend on your indicator. Since the last candle starts on the hour and closed just before 15 after the hour...if using an indy, you may want to set the time to 15 after or the last ...

I only have two brokers listed on this chart FXDD and IBFX, but here is a TIME CONVERSION CHART. And WOW, my son just gave me a present so I need to go change his diaper.

This was stated in other thread as to WHY the specific times were selected.

STOP LOSS There are several options for placing stop losses. Previous Candle - Some traders place their stop loss just under the previous candle. (High - Low)/2 - Some traders place their stop loss at half the distance of the high low box. Opposite ...

I suggested a 5-10 pips offset (cushion) in the other thread as a minimum. Pairs tend to test previous highs and lows. Sometimes they break and sometimes they bounce. I would hate to be taken in a trade and the pair bounce. That being said. I have ...

EA: 1. Place 1 trade instead of 3. Still have the 3 seperate TP areas. We could specify a precentage or lot size to pull off at each level. 2. SWAP: There is a setting there for closing orders next day. Maybe a setting that will close the trade out ...

Yes, I am using the MT4 FIB tool. I added other levels that it did not have in it. I am working on coding it into the box indicator.

You guys may want to add an offset (cushion) to your pending orders. Pairs tend to test highs and lows and then may move the opposite direction, so putting your orders exactly at the high and low for the period you are marking as a breakout is a bit ...

Still pushing up. We have that combined FIB EXT level as RESISTANCE as well as PREVIOUS HIGHS. If the pair shoudl happen to break the DASHED TL, the pair may fall back to the OUTER UP TREND LINE.