HL - LH Breakout Dash? | Forex Factory

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HL - LH Breakout Dash?

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  • #1
  • First Post: Edited Apr 16, 2019 12:56pm Jun 23, 2017 8:59pm | Edited Apr 16, 2019 12:56pm
Aim of the Thread & View of the dashboard :
Automating the UNCOMMON. There are a lot of price action traders. Main purpose of this thread to show everything is possible.
If there is decent contribution updates and new requests can added to make it a lot better.

Nothing guaranteed use it on your own risk. You can ask any question and share ideas.

Important Rules :
-When you post a signal , Post a view of dash and current Pair with fractals
-People that sharing good results and not explaining how they made it will be banned from thread..
-Be nice to others



Instructions :
Put Dashboard on H4 Timeframe Chart for visual purposes.. On following posts rest will explained

Latest Update Notes Here :
https://www.forexfactory.com/showthr...0#post10031990

Important to Read this post for Alert Settings :
https://www.forexfactory.com/showthr...2#post10017532

interesting aproach :
https://www.forexfactory.com/showthr...1#post10025481

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 60 KB


Theorical Triangle Definition :
Attached Image


Example of Higher Low (HL) :
Attached Image (click to enlarge)
Click to Enlarge Name: HL LH Definition.png Size: 25 KB


In second Post i will send example of Dashboard with Pair signals.
Attached File(s)
File Type: ex4 Dashboard_9_Pairs.ex4   37 KB | 1,636 downloads | Uploaded Sep 27, 2017 1:11am
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  • #2
  • Jun 24, 2017 2:33pm Jun 24, 2017 2:33pm
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 28 KB
Attached Image (click to enlarge)
Click to Enlarge Name: HL DASH2.png Size: 38 KB
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD M30.png Size: 38 KB
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  • #3
  • Jun 24, 2017 2:38pm Jun 24, 2017 2:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD EXAMPLE.png Size: 32 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD DASH.png Size: 32 KB
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  • #4
  • Jun 25, 2017 4:13pm Jun 25, 2017 4:13pm
Dashboard Updated. I hope there will be good contribution. Do not hesitate to ask.
Currently i will explain how to spot triangles and will make some analysis.

We will see importance of working on a history to make pure solid non subjective trading system.

Currently dashboard will give alerting when breakout happens.


Trade well & enjoy.

Next update of dashboard will have included Triangle breakouts.
Attached Image (click to enlarge)
Click to Enlarge Name: Alerts are.png Size: 55 KB
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  • #5
  • Edited Jun 26, 2017 1:44am Jun 25, 2017 9:01pm | Edited Jun 26, 2017 1:44am
Lets make one example of use Dashboard with Live Trade :

GBPUSD On M30 Have lower high breakout.
So i did put SL to the Below of LH , And Did set the tp same amount of distance.
This entry taken on Demo account , Its not trading advice. Just an example of behavior of this dashboard to spot Triangle breakouts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD TF.png Size: 33 KB
Click to Enlarge Name: LH Signal.png Size: 28 KB
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  • #6
  • Jun 26, 2017 1:34am Jun 26, 2017 1:34am
GBPCHF M5
This entry taken on Demo account , Its not trading advice. Just an example of behavior of this dashboard to spot Triangle breakouts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCHF Breakout Signal.png Size: 32 KB
Click to Enlarge Name: EX.png Size: 27 KB
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  • #7
  • Jun 26, 2017 1:38am Jun 26, 2017 1:38am
EURCAD M5
This entry taken on Demo account , Its not trading advice. Just an example of behavior of this dashboard to spot Triangle breakouts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EC DASH.png Size: 32 KB
Click to Enlarge Name: ec.png Size: 27 KB
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  • #8
  • Jun 26, 2017 1:40am Jun 26, 2017 1:40am
Excellent thread quants, good old price action always is worth focusing on.

Keep up the good work....very interesting.

PC
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  • #9
  • Jun 26, 2017 1:49am Jun 26, 2017 1:49am
USDCAD M15
This entry taken on Demo account , Its not trading advice. Just an example of behavior of this dashboard to spot Triangle breakouts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCAD M15.png Size: 31 KB
Click to Enlarge Name: UC M15.png Size: 34 KB
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  • #10
  • Jun 26, 2017 1:50am Jun 26, 2017 1:50am
Quoting pipcruiser
Excellent thread quants, good old price action always is worth focusing on. Keep up the good work....very interesting. PC
Hello PC
Welcome to the thread.
Thank you ) This is V1. There will be following updates do not hesitate to make your own analysis and asking for improvements
Take it easy.
  • #11
  • Jun 26, 2017 1:58am Jun 26, 2017 1:58am
Quoting Quants
{quote} Hello PC Welcome to the thread. Thank you ) This is V1. There will be following updates do not hesitate to make your own analysis and asking for improvements
Thanks,

I trade mostly 30 mins triangle breakouts, but I mostly filter the signals like this:

Trade with the trend: true (only short if price is under the 200 EMA and vice versa for longs).

(Also if there is a divergence on TDI indicator i double my lots)

On your charts it looks like the signal comes a candle or two late, but I guess that's due to how the fractals are calculated?

I am away untill Wednesday, where I will be keen to test your dashboard.

Thanks again

PC
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  • #12
  • Edited 2:10am Jun 26, 2017 1:59am | Edited 2:10am
EURCAD H4 Triangle Formed but no breakout (2 Numbers are active but not signal)
On M5 We had HL Break few minutes ago aswell.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCAD TRIANGLE.png Size: 35 KB
Click to Enlarge Name: h4.png Size: 36 KB
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  • #13
  • Jun 26, 2017 2:04am Jun 26, 2017 2:04am
An example of what I mean regarding late entrys..

PC
Attached Image (click to enlarge)
Click to Enlarge Name: GC.png Size: 287 KB
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  • #14
  • Jun 26, 2017 2:04am Jun 26, 2017 2:04am
Quoting pipcruiser
{quote} Thanks, I trade mostly 30 mins triangle breakouts, but I mostly filter the signals like this: Trade with the trend: true (only short if price is under the 200 EMA and vice versa for longs). (Also if there is a divergence on TDI indicator i double my lots) On your charts it looks like the signal comes a candle or two late, but I guess that's due to how the fractals are calculated? I am away untill Wednesday, where I will be keen to test your dashboard. Thanks again PC
If you like to get a signal Right at the breakout from the settings of dashboard turn it to 0.1 there is a filter to set your own distance. You will get signal the moment breakout happens

I made just 2 randomly to see whether price keeps going from that range or goes back to the level
i shared with 3rd screen what i mean.

Currently i am just investigating the breakouts and behavior of triangles. I did set my own Distance to get entry's away from breakout to be able set SL in to the breakout area..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 7474.png Size: 32 KB
Click to Enlarge Name: 7575.png Size: 30 KB
Click to Enlarge Name: USDCAD 65.png Size: 38 KB
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  • #15
  • Jun 26, 2017 2:11am Jun 26, 2017 2:11am
Quoting Quants
{quote} If you like to get a signal Right at the breakout from the settings of dashboard turn it to 0.1 there is a filter to set your own distance. You will get signal the moment breakout happens I made just 2 randomly to see whether price keeps going from that range or goes back to the level i shared with 3rd screen what i mean. Currently i am just investigating the breakouts and behavior of triangles. I did set my own Distance to get entry's away from breakout to be able set SL in to the breakout area.. {image} {image} {image}
OK, great makes sense then

PC
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  • #16
  • Jun 26, 2017 2:13am Jun 26, 2017 2:13am
Quoting pipcruiser
{quote} OK, great makes sense then PC
One small Note / When breaks happens fractals are confirmed already.
So it wont repaint the past.. Its calculated inside of dash
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  • #17
  • Jun 26, 2017 2:19am Jun 26, 2017 2:19am
Quoting Quants
{quote} One small Note / When breaks happens fractals are confirmed already. So it wont repaint the past.. Its calculated inside of dash
Great thanks!

My suggestions if I may:

A) EMA filter : true
EMA period : 200

B) Push Msg Alerts : true (also alert signal on mobile)

My 2 cents

PC
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  • #18
  • Jun 26, 2017 2:27am Jun 26, 2017 2:27am
Quoting pipcruiser
{quote} Great thanks! My suggestions if I may: A) EMA filter : true EMA period : 200 B) Push Msg Alerts : true (also alert signal on mobile) My 2 cents PC
Yes no problem.

EJ M5
This entry taken on Demo account , Its not trading advice. Just an example of behavior of this dashboard to spot Triangle breakouts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY.png Size: 43 KB
Click to Enlarge Name: EJ2.png Size: 21 KB
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  • #19
  • Jun 26, 2017 2:38am Jun 26, 2017 2:38am
EURUSD Have 3 Breakouts on 3 different time frame at the same time This is just now happening :
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd1.png Size: 43 KB
Click to Enlarge Name: EURUSD.png Size: 22 KB
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  • #20
  • Jun 26, 2017 3:24am Jun 26, 2017 3:24am
Quoting Quants
{quote} Yes no problem. EJ M5 This entry taken on Demo account , Its not trading advice. Just an example of behavior of this dashboard to spot Triangle breakouts. {image} {image}
Awesome!

Dash as is now is it included the triangle breakouts or is this in the coming future version? (dont have access to MT4 here).

Thx

PC
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