Breakout + Spread!! Sure!!!

GBP/USD

Looks like Eagle is on a great roll. Can you tell us the specifics on the system my friend?

I wish you the best!

Hi eagle,

Looks like an interesting breakout system!

As I see you only take 3 candles to define a breakout box.

Are there more details, cause it sure looks interesting!

Happy trading!

SURE FRIEND, I SEND YOU INDICATOR AND TIMETABLES.
GBP/JPY...

Would you send them to me too please?

Thanks

To Arrange Indicator And To Send All You. I Hope To Make All Many Moneies. To Excuse To My English But Italian I

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NO PROBLEM Attachements,
TO ARRANGE CREATED INDICATOR WELL WHO I TO HAVE IN ORDER TO SEND YOU OK.

look soo simpel.... can i try this indicator? thks eagle

Friends, To Take To Up And Down Of Breakout And To Add To 10 Pips +spread, Closing 23,00 Hours .

To Accept Councils From All .
Best Regards

Timetable Breakout 5,00 - 8,00 Am

eagle, i think you found a very good breakout strategy here...

going to back test and forward test.

The indicator is also fantastic

It´s a nice idea, and thamk you for sharing your indicator. Eagle , how would you handle the breakout of GBP USD in the middle ???? ( Look at the arrow )
Do you put a stop loss of 20 or 30 pips, or what are you doing in this case ?

( I´m an italian fan and in holidays in August I´m every year in Italy, since 20 years already. I love italy !!!!! ( Camping near Jesolo)

Thanks for the indicators, eagle !
Definitely going to do some fwd-bck-testing
Cheers for Italy

THANKS FRIENDS ...BIG FRIENDS.

Would Put One Loss Of Arrest Of 15 Pips .
Best Regards

Here is how my setup looks like
http://i13.tinypic.com/6fzz8kx.gif


Changed the parameter for box validity to 19:00, because I usually don't trade later than 21:00 GMT+2

So according to your code, the spread goes in the BoxBreakout_Offset variable, right?

If so, why not make it automatic using a formula like
BoxBreakout_Offset =( Ask - Bid ) / Point;

BTW this s a very nice indicator I like the coding... Great stuff. Thanks for sharing it.

Is the breakout time 5 to 8 am your time or GMT?