Disliked{quote} breakout normally happen in few market zone.u can choose which zone that suit u mostIgnored
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Another simple breakout system 32 replies
Simple Breakout System By Zach (EA) 56 replies
Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies
Simple Breakout System By Zach V2 121 replies
GBP/USD simple breakout system 146 replies
DislikedI say an EA would be best to draw the boxes, fibo points and place the pending orders. After the orders are triggered its up to you to manually manage them and determine rentries after false breakouts. I think this would be best for me cause it's hard to get up at 1-2 am to enter/manage trades as I live in the eastern us time zone..Ignored
Disliked{quote} Yes it could be an interesting use case. I have drawn the boxes already, I will add the fibs, make the time zone configurable, and will publish a first version there if ErollZach allows me to do so (I don't want to disturb his thread). I have a question: I enter the breakouts when the breakout candle is closed currently, it gives me a confirmation. But as I understand in post #1, I shouldn't wait for the candle's closing, right?Ignored
DislikedToday WTI went by the rules, but the breakout was too fast, so it would have been not possible to enter manually. But there was a bit profit even when entering after 161.8 level was reached... {image}Ignored
Disliked{quote} Yes it could be an interesting use case. I have drawn the boxes already, I will add the fibs, make the time zone configurable, and will publish a first version there if ErollZach allows me to do so (I don't want to disturb his thread). I have a question: I enter the breakouts when the breakout candle is closed currently, it gives me a confirmation. But as I understand in post #1, I shouldn't wait for the candle's closing, right?Ignored