EURJPY M15 system 80%+ | Forex Factory

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EURJPY M15 system 80%+

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  • Profitable and easy system (multiple choice)
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  • #1
  • First Post: Edited Oct 27, 2018 9:11am Jan 15, 2018 3:50pm | Edited Oct 27, 2018 9:11am
Rules (you may want to print this)
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Attachment gAttachment g
 Setup price alerts to get a notification when price breaks out.(How to setup price alerts. Click here)
Working EA provided by StayFoolish https://www.forexfactory.com/showthr...4#post10715754

Load the indicator and apply the preset I created so your charts will look like mine. Every day, 4 hours after market open,
the box will stop growing and you have to setup a price alert above and below so you know when the price breaks out.
Or you can use pending orders which I don’t recommend. If you hit SL call it for the day.

Below you will find proof for 81% accuracy, using at least 1:1 r:r, If you count some positions running the results will be
even better.
This is the perfect setup as example.
Attached Image (click to enlarge)
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Here is proof
Attached File(s)
File Type: pdf EURJPY M15v.pdf   3.1 MB | 25,045 downloads


Here is the indicator and template
Attached File(s)
File Type: ex4 3 Tier London Breakout V.3.2b.ex4   35 KB | 15,498 downloads
Attached File(s)
File Type: tpl breakoutEURJPY.tpl   425 KB | 13,883 downloads


Indicator credits here

Edit January 17-2018
I dont want to be rude but I wont help people asking questions on how to use metatrader, install indicators etc. This thread is to help people make money from what I learn and share, not to teach people how to use MT4, if you need help open Metatrader 4 and hit F1, if still youre unable to do something related to the template for example, you may ask.
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Edit August 16-2018
Please take a heed on his words. I can’t stress this enough. Keep it simple, rules exist for a reason. Don’t over complicate what’s already made into an easy system. All important info is in this post #1 no need to run into trouble trying to look for extra rules in the comments.
https://www.forexfactory.com/showthr...3#post11364213

Trading discussion group link. https://t.me/joinchat/EWwQGA89vLh0BOZT2foqZQ
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Grind until you no longer have to introduce yourself. 4:30am club
  • #2
  • Edited Jan 16, 2018 1:30pm Jan 15, 2018 4:16pm | Edited Jan 16, 2018 1:30pm
My vacations are over now, back to school till summer. I WonŽt be posting the other system (higher TFs) until summer. I will only post this 2 systems for now (you can check the other one in my profile).
You can contact me here , please do so if you can write an EA.
Maybe next release will be on psychology and money management. WeŽll see.
As always good luck and if you have questions post them here so everyone can learn from others.

Here is my favorite trade manager and risk manager indicator. Good luck to everyone. You can use one or the other.
Attached File(s)
File Type: ex4 RiskManagementAdvisorIndicator.ex4   29 KB | 5,572 downloads
Attached File(s)
File Type: ex4 PZ_TradePadEAMILLIONAIRESFACTORY.ex4   731 KB | 5,852 downloads
Grind until you no longer have to introduce yourself. 4:30am club
  • #3
  • Jan 15, 2018 4:33pm Jan 15, 2018 4:33pm
Quoting Fxmd
Rules 1. Wait for breakout. Buy/Sell with SL on opposite side. Timeframe is M15.  Avoid taking trades when box is orange or red  Use trailing stop or move your SL to profit to secure profit  4 hours after market open, breakout zone will be created.  Setup price alerts to get a notification when price breaks out.(How to setup price alerts. Click here) Easy as that. I recommend going for 1:1 risk reward but you can let some positions running...

Thanks for your contributions.
I already testing UJ m5 system and is just great.

I have a question regarding this phrase: "Every day, 4 hours after market open..." . What is that correct market open time ? Each broker has another server time...
  • #4
  • Jan 15, 2018 5:00pm Jan 15, 2018 5:00pm
Great system sir.

but do you enter at close of bar above/below the box? Or as soon as the candles cross the bar?
  • #5
  • Jan 15, 2018 5:00pm Jan 15, 2018 5:00pm
Quoting sebytim
{quote} Thanks for your contributions. I already testing UJ m5 system and is just great. I have a question regarding this phrase: "Every day, 4 hours after market open..." . What is that correct market open time ? Each broker has another server time...
2:00 GMT or 21:00 NY time, thanks for pointing that
Grind until you no longer have to introduce yourself. 4:30am club
  • #6
  • Jan 15, 2018 5:01pm Jan 15, 2018 5:01pm
Quoting AhmadYt
Great system sir. but do you enter at close of bar above/below the box? Or as soon as the candles cross the bar?
I wait for candle close above level, if it went too far into the TP zone I wait for retracement.
Grind until you no longer have to introduce yourself. 4:30am club
  • #7
  • Jan 15, 2018 6:21pm Jan 15, 2018 6:21pm
Nice!!!! I have been trading something very similar

Have you tested this on any other pairs?

I opened GBPUSD and tried to apply the template to that pair, it did not work?

How can I get access to the indicator so I can use it on other pairs



PGPB
  • #8
  • Jan 15, 2018 7:09pm Jan 15, 2018 7:09pm
Hello FXMD
Nice work, I will follow you.

Should I put the templete every day?
the timing of apply the templete is after 4hours market open or just apply at the market open then wait 4hours?

I'm apologyze if I annoy you with there noob questions and broken english.
thanks a lot.
  • #9
  • Jan 15, 2018 7:56pm Jan 15, 2018 7:56pm
Quoting pgpb
Nice!!!! I have been trading something very similar Have you tested this on any other pairs? I opened GBPUSD and tried to apply the template to that pair, it did not work? How can I get access to the indicator so I can use it on other pairs PGPB
The indicator is in the first post for download. I have tried on EURUSD/USDJPY/EURZAR/USDZAR and EURJPY. EURJPY gave better results.
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  • #10
  • Jan 15, 2018 7:57pm Jan 15, 2018 7:57pm
Quoting busted
Hello FXMD Nice work, I will follow you. Should I put the templete every day? the timing of apply the templete is after 4hours market open or just apply at the market open then wait 4hours? I'm apologyze if I annoy you with there noob questions and broken english. thanks a lot.
Just install the indicator and apply the template, the indicator will draw the box automatically you dont need to apply it every day
Grind until you no longer have to introduce yourself. 4:30am club
  • #11
  • Jan 15, 2018 8:14pm Jan 15, 2018 8:14pm
Big Thank You!!
  • #12
  • Jan 15, 2018 8:29pm Jan 15, 2018 8:29pm
In the image, the candle closes above but eventually went down all the way. How can I achieve a higher probability of predicting the trend right?
Attached Image (click to enlarge)
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  • #13
  • Jan 15, 2018 9:19pm Jan 15, 2018 9:19pm
Quoting chuasai
In the image, the candle closes above but eventually went down all the way. How can I achieve a higher probability of predicting the trend right? {image}
First of all, understand this wont be 100% win, then start using the template I gave in the beginning so you will get good trades. And use in EURJPY M15.
Grind until you no longer have to introduce yourself. 4:30am club
  • #14
  • Jan 15, 2018 9:22pm Jan 15, 2018 9:22pm
I know its not a 100% winrate, but what if the candle closes below the entry sell but it is on a up trend. Is it better to sell or wait for it to go up the entry buy?
  • #15
  • Jan 15, 2018 11:41pm Jan 15, 2018 11:41pm
Fxmd,

For confirmation, Does BO range from 0:00-4:00 (4hr) GMT+2?
  • #16
  • Jan 16, 2018 1:55am Jan 16, 2018 1:55am
The template refers to an indicator called 3 tier london breakout instead of the indicator attached.

Can you post a new template or the other indicator pelase
  • #17
  • Jan 16, 2018 4:25am Jan 16, 2018 4:25am
2018.01.16 19:20:35.377 cannot open file 'C:\Users\***\MQL4\indicators\3 Tier London Breakout V.3.2b.ex4' [2]
2018.01.16 19:20:35.376 cannot open file 'C:\Users\***\MQL4\indicators\Spread Indicator.ex4' [2]

How can i solve these problem? it appears when i apply template
  • #18
  • Jan 16, 2018 4:29am Jan 16, 2018 4:29am
Quoting AhmadYt
The template refers to an indicator called 3 tier london breakout instead of the indicator attached. Can you post a new template or the other indicator pelase
Apparently Fxmd forgot to rename his indicator. I took the liberty to edit the template correctly, and also included a spread indicator to match the original.
Attached File(s)
File Type: tpl breakoutEURJPY.tpl   71 KB | 3,150 downloads
File Type: ex4 Spread.ex4   9 KB | 2,684 downloads
File Type: mq4 Spread.mq4   3 KB | 2,745 downloads
  • #19
  • Jan 16, 2018 5:06am Jan 16, 2018 5:06am
Quoting 4fxonly
{quote} Apparently Fxmd forgot to rename his indicator. I took the liberty to edit the template correctly, and also included a spread indicator to match the original. {file} {file} {file}
Thanks mate
  • #20
  • Jan 16, 2018 5:18am Jan 16, 2018 5:18am
Could you share latest EURUSD chart please?
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