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Simple Breakout System By Zach

  • #341
  • Jun 20, 2017 11:39am Jun 20, 2017 11:39am
Great, thanks for your feedback !
The news filter and a TP2+BE are in my plans ;-)
  • #342
  • Jun 20, 2017 9:07pm Jun 20, 2017 9:07pm
Quoting damiend
Great, thanks for your feedback ! The news filter and a TP2+BE are in my plans ;-)
I used ea to test, the test results are not good.I will try to change the box time to test again.Thank you for your ea, brother, great job！！！
  • #343
  • Jun 20, 2017 11:31pm Jun 20, 2017 11:31pm
Quoting domba
Another bad trade today, because break the rules.
hi,may i know how u break the rules?
  • #344
  • Edited 11:55am Jun 21, 2017 2:26am | Edited 11:55am
Thanks to ErollZach for the sytem

Quoting damiend
Great, thanks for your feedback ! The news filter and a TP2+BE are in my plans ;-)
Thank you damiend for EA:
Your EA is running good.
Tested OK as a Signal only and Trade.

Need to improve for:
-Alert box message need name of Pair, so we know which pair is BO.
Your message only Sale or buy but we dont know which pair is BO if we open many pair.

More feature:
Trailing stop and break even is the best function for EA.
Scenario:
-after hit TP 1 , the SL is move from fibo 50 to fibo 100.
Or
- Trailing stop every step pips..

Today GJ was Hit TP using auto EA.
  • #345
  • Jun 21, 2017 2:37am Jun 21, 2017 2:37am
GJ hit TP2
EJ hit TP1
CJ hit TP1
If it's important to you, you'll find a way. If not, you'll find an excuse
  • #346
  • Jun 21, 2017 3:02am Jun 21, 2017 3:02am
Quoting kalawe
Thanks to ErollZach for the sytem
Yes +1, I don't want to take any credits for it, ErollZach did a great job with this strategy.

Ok for the EA improvements.
I'm not sure how to add an efficient trailing stop though. Every time I code & backtest an EA, I have the feeling that it performs better without trailing stop, the waves quickly trigger the trailing stop

PS : looks like GBPCHF hit TP1 too, nice
  • #347
  • Jun 22, 2017 12:28pm Jun 22, 2017 12:28pm
Quoting ErollZach
{quote} hi,may i know how u break the rules?
Not trading selected pair in post 1
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #348
  • Jun 23, 2017 5:24am Jun 23, 2017 5:24am
Good news
Gbp usd hit TP
Aud usd hit TP
Eur usd hit TP
Nzd usd hit TP
  • #349
  • Jun 23, 2017 5:56am Jun 23, 2017 5:56am
I am wondering if this could work on different box time frame as im in London time zone and hard to wake up after 4am
  • #350
  • Jun 23, 2017 7:24am Jun 23, 2017 7:24am
Hello dear friend, thanks for your simple strategy, I am little confused about the hour box of your system, I live in California,u.s.a, do I need to draw the box from 0.00 to 8.00? Please help to recognize better this matter, regards
  • #351
  • Jun 23, 2017 11:55pm Jun 23, 2017 11:55pm
Quoting persia
Hello dear friend, thanks for your simple strategy, I am little confused about the hour box of your system, I live in California,u.s.a, do I need to draw the box from 0.00 to 8.00? Please help to recognize better this matter, regards
Hi persia
No problem you can do BOX time frame everywhere you live
  • #352
  • Jun 26, 2017 2:13am Jun 26, 2017 2:13am
hit TP
GJ
AJ

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #353
  • Jun 26, 2017 2:20am Jun 26, 2017 2:20am
Quoting persia
Hello dear friend, thanks for your simple strategy, I am little confused about the hour box of your system, I live in California,u.s.a, do I need to draw the box from 0.00 to 8.00? Please help to recognize better this matter, regards
The box is using GMT 0 = 21.00 - 5.00
NOW take a look your broker server mt4 time and sync with that time.
ask your broker for server GMT time.

example:
your server mt4 time is GMT +2 , sync time for your box according your broker server is=
23.00 - 7.00 = this is your box time on your MT4.
  • #354
  • Jun 26, 2017 3:24am Jun 26, 2017 3:24am
Attached Image (click to enlarge)
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  • #355
  • Jun 26, 2017 3:39am Jun 26, 2017 3:39am
Attached Image (click to enlarge)
Click to Enlarge Name: Windsor MT4.png Size: 75 KB
  • #356
  • Jun 26, 2017 3:59am Jun 26, 2017 3:59am
Attached Image (click to enlarge)
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  • #357
  • Jun 26, 2017 11:17am Jun 26, 2017 11:17am
Hi freids
The simple breakout is realy simple and useful i wish i got to know this method many years ago.
  • #358
  • Jun 26, 2017 11:19am Jun 26, 2017 11:19am
Zach god bless you
  • #359
  • Edited 2:09am Jun 27, 2017 1:59am | Edited 2:09am
Quoting damiend
Hi guys, Attached is the EA (see post #219 to know more about it) version 1.2. I fixed the major issues that you have reported to me (Thank you again for your tests!). Below is the full list: Bug fix fibo hilow not correct, post #257 and #258 send an alert box when there is a breakout and TradingEnabled=false new input parameter to enter the trade at the breakout, without waiting for the candle to close Bug Always autotrade post #265 => not sure it will fix for this one...
HI Damiend,

Thank you for the EA, it works well in my demo

GJ 15m chart

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EA's inputs

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If it's important to you, you'll find a way. If not, you'll find an excuse
  • #360
  • Jun 27, 2017 3:01am Jun 27, 2017 3:01am
Hi Gemmafx,

Thanks for your feedback !

I'm making some tests in demo and some backtests these days, I will post some results.
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