DislikedI really like your trading style. I am very glad you are from pakistan. I live in Islamabad and hope to meet you if possible.Ignored
DislikedThanks Ace284, for sharing...
I spent about 10 minutes looking for that "It's not about Dogs" thread.... just realized that it has changed during my sleep time to "4H Box Breakout"...
Just as a quick note... did some visual backtest with my broker feed, and for GBP pairs it looks like the weekly trend respects the direction of that first 4H candle much more than 50% of times... It's a very interesting bias, even in a straddle system...
Gonna take a deeper look later
DislikedUnfortunately i dont have the slightest clue with programming indicators.
Anyone know how to make an indicator for this system with a 10 pip buffer?Ignored
DislikedHi Ace ,
On a preivous post you mentioned Risk/Reward . I believe alot of new traders dont spend enough time understanding it. I like your using a Profit Target of 1:2...Ignored
DislikedHere is an indicator with template that can be used. It must be applied on a 1H chart but it acomplishes the same thing. The colors of the box etc. can be changed to your liking. The pip buffer is set at 10 pips but can also be changed. Hope this helps.
DislikedAm I missing something here? I was under the impression that there is just one box per week. Why have you shown two boxes (one for yesterdan and one for today)? Was that just for show or am I misunderstanding the method?Ignored
DislikedSorry... perhaps I didn't understand the system. I was just trying to show an indicator I found that would highlight the box with the first 4 hour of the start of the week. I wasn't aware that this was a one week trading system.
Perhaps someone could take this indicator and add the ability for it to display the entire week? Also... sorry the pic was so wide. This was the first time I have tried to display a pic.Ignored