Some time ago, this post (EURJPY M15 system 80%+) came to my attention: https://www.forexfactory.com/showthread.php?t=730458
After study the ideas discussed, I tried to make a Robot that would use that strategy.
I have 2 different versions that you guys can test:
Breakout V2 - This is the version based on that thread see the link above. For more information on that strategy go to the thread and read it to understand how it works. I added Martingale (that you can use it or not) and a trailing stop (that you can use it or not - my tests said it does not work the trailing).
This version, besides a couple of things it is pretty much the strategy.
Breakout V3 - This is my own version of the strategy, with some changes I made myself.
It is important to understand the breakoutintervalendhour, since it is the last candle.
You will count 16 candles from that. So, it means that is the breakoutintervalendhour is 5, means that the last candle on the box it will be at 5h00, Broker's time. Also means that it started at 1h00.
The Broker's time it is also very important in order to calculate the correct time to make the box.
I would advise to read the thread and to test both versions, since the testing it is in the beginning, so, with your help, we may find the best solution and the best setup to this robot.
Check other Robots I have here: FOREX ROBOTS
After study the ideas discussed, I tried to make a Robot that would use that strategy.
I have 2 different versions that you guys can test:
Breakout V2 - This is the version based on that thread see the link above. For more information on that strategy go to the thread and read it to understand how it works. I added Martingale (that you can use it or not) and a trailing stop (that you can use it or not - my tests said it does not work the trailing).
This version, besides a couple of things it is pretty much the strategy.
Breakout V3 - This is my own version of the strategy, with some changes I made myself.
It is important to understand the breakoutintervalendhour, since it is the last candle.
You will count 16 candles from that. So, it means that is the breakoutintervalendhour is 5, means that the last candle on the box it will be at 5h00, Broker's time. Also means that it started at 1h00.
The Broker's time it is also very important in order to calculate the correct time to make the box.
I would advise to read the thread and to test both versions, since the testing it is in the beginning, so, with your help, we may find the best solution and the best setup to this robot.
Check other Robots I have here: FOREX ROBOTS
Attached Image (click to enlarge)
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