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What are Higher High, Higher Low, Lower High and Lower Low? 10 replies
Very Simple Fractal Breakout EA Request 1 reply
High to High and Low to low time cycles 1 reply
Simple indicator: High-Low 10 replies
DislikedSeems interesting, i have tried this approach before, but my main struggle was determining the entry time and previous period for high and low price range to place orders accurately. In my own opinion the timing for entry must vary between different pairs. That's just my thoughts from my previous experiences trying this strategy. Hope it works better for you.Ignored
Disliked...DislikedTrading Rules: (quoted directly from original thread, but I have included NY time for convenience) 1 - Open your chart on 08:00 AM (GMT). <4:00 NY time> 2 - Find the Maximum Price and Minimum Price between 21:00 PM (GMT) to 08:00 AM (GMT). <18:00-4:00 NY time> 3 - You have 2 numbers. Maximum Price & Minimum Price. Now should open 2 pending orders: Buy Stop: At: (Maximum Price + 2 pips) T/P: (Maximum Price + (Maximum Price - Minimum Price)) S/L: (Minimum Price - 2 pips) Expiry: Next trading day at 08:00 AM (GMT) <4:00 NY time>IgnoredIgnored
DislikedIn this system I could not understand about tp. Anyone can plz explain?Ignored
Disliked...DislikedTrading Rules: (quoted directly from original thread, but I have included NY time for convenience) 1 - Open your chart on 08:00 AM (GMT). <4:00 NY time> 2 - Find the Maximum Price and Minimum Price between 21:00 PM (GMT) to 08:00 AM (GMT). <18:00-4:00 NY time> 3 - You have 2 numbers. Maximum Price & Minimum Price. Now should open 2 pending orders: Buy Stop: At: (Maximum Price + 2 pips) T/P: (Maximum Price + (Maximum Price - Minimum Price)) S/L: (Minimum Price - 2 pips) Expiry: Next trading day at 08:00 AM (GMT) <4:00 NY time>IgnoredIgnored
DislikedI'm in and ready to learn more. i see what it can improve my breakout EA. Thanks for sharing my friend.Ignored
DislikedHello fellow trader! I've dabbled in and out of trading strategies until now and came across such a simple but easy strategy on babypips which I thought I'd share. Because I work full time and am based in Australia, most forex activity occurs whilst I'm asleep so I had to find a system which would allow me to take advantage of that activity whilst I was asleep, without actually being present and actively watching the charts - this can be done via breakout trading. I have not back tested this strategy but the people over at babypips .....Ignored
Disliked{quote} This may save you some time. It seems a bit flat in back-testing... I even added a break-even compenent (on open positions) after expiration time to make it more profitable. {file}Ignored
Disliked{quote} Hi - thanks for sharing. Care to explain or provide some insight to how the settings work? I'm wondering if it will exactly replicate what we are doing manually on a daily basis.Ignored
Disliked{quote} What you will notice is that when the market runs, you will be in profit every single day.Ignored