7am-9am Big Dog USD Breakout Strategy | Page 162 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Big Dog Trading Secret 272 replies

Moving Markets at 7am - 1pm PST? (3pm - 9pm GMT) 2 replies

Question about big dog strat... 2 replies

Trading The Big Dog Pack ..howllll 26 replies

Who are the champion DOG pickers??? 6 replies

Attachments: 7am-9am Big Dog USD Breakout Strategy
Exit Attachments

7am-9am Big Dog USD Breakout Strategy

  • #3,221
  • Sep 1, 2016 2:19pm Sep 1, 2016 2:19pm
Banked 65.3 pips on the US Open system today

US Open Trade Copier signal service starting soon USD$50 per month via signal start.

Contact me at [email protected] to registrar your interest

Regards
Craig
Away From Keyboard Forex
www.forexbreakout.co.uk
  • #3,222
  • Jan 25, 2017 9:31am Jan 25, 2017 9:31am
Hi Everyone,
Have just found this strategy and am back testing it on MT4. So far so good, but I would like to suggest that people do not get fixated on gmt...what is more relevant is local US time i.e. EST. I use Qlock to show world times, but there are many clocks available. My brain couldn't handle the mental gymnastics involved with gmt & local time and chart time....

So far, it seems that a US range more than 50 pips is worth staying out of, especially if there is no breakout for 1 or 2 hours....suggests no conviction for a breakout.

More testing needed....

Cheers,


Mike
  • #3,223
  • Edited Jan 27, 2017 12:58am Jan 26, 2017 9:05am | Edited Jan 27, 2017 12:58am
Quoting beryl
{quote} Hi Vitzaza Could you please explain how exactly this indicator works. Is it indicator or EA? I added to my platform and obviously should be usable for small timeframes (5/15). Thank you
Hi Beryl,
As it seems no-one has answered your query (but correct me if I'm wrong), I thought I'd reply. The US Big Dog/Bitch strategy is an indicator, and as such must be placed in your file/Data Folder/MQL4/indicators folder. Don't forget to restart the MT4 to compile it.

I have found though, that the indicator found on page 1 is a bit unstable on two of my MT4s. It sometimes 'disappears' and has to 'resuscitated' by opening up the indicator on a chart, clicking on any input (but not changing it), then closing the dialogue box. It then usually reappears. Does anyone have a more stable version please?

Mike

PS When the MT4 is restarted, some of the indicator inputs are lost and have to be re-entered...a pain in the A!!!
  • #3,224
  • Jul 11, 2017 2:35am Jul 11, 2017 2:35am
Hi, i'm from malaysia and my timezone is GMT+8, can anyone please guide which timezone should i draw the vertical line in my mt4 platform? Thank you so much
  • #3,225
  • Jul 11, 2017 2:38am Jul 11, 2017 2:38am
Hi Yamazaki,
Which local time do you want to draw line at? I suggest you put something on your chart like Qlock and when the right time comes at the local time you're interested in, draw a line at that time. What GMT is is of no relevance to local exchange opening times..they always open at the same local time, and do not rely on gmt.

Mike
  • #3,226
  • Jul 11, 2017 3:00am Jul 11, 2017 3:00am
Quoting blott
Hi Yamazaki, Which local time do you want to draw line at? I suggest you put something on your chart like Qlock and when the right time comes at the local time you're interested in, draw a line at that time. What GMT is is of no relevance to local exchange opening times..they always open at the same local time, and do not rely on gmt. Mike
Hi blott,

Thanks for your quick reply. Below is my screen shot from my mt4 platform. I dunno what timezone should i draw. MY local time now is 16:00PM afternoon now. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 87 KB
  • #3,227
  • Jul 11, 2017 3:07am Jul 11, 2017 3:07am
Hi Yamazaki,
Forget your time or broker time. What is the local time of the exchange you are trying to draw a line at? e.g. are you trying to draw vertical line at 0800 London time...or maybe 0300 EST?.

If I wanted to draw a vertical line at 0500 EST, I would put up an on-screen clock showing EST. Then at exactly 0500 EST I would draw a line on my MT4. EST has nothing to do with what your local time or GMT time is.

When you know what the EST time is, then you can work out how many hours forward or backward your local time is from the EST time you are trying to establish. Forget GMT!!...it's just another level of confusion!

Blott
  • #3,228
  • Jul 11, 2017 3:14am Jul 11, 2017 3:14am
Quoting blott
Hi Yamazaki, Forget your time or broker time. What is the local time of the exchange you are trying to draw a line at? e.g. are you trying to draw vertical line at 0800 London time...or maybe 0300 EST?. If I wanted to draw a vertical line at 0500 EST, I would put up an on-screen clock showing EST. Then at exactly 0500 EST I would draw a line on my MT4. EST has nothing to do with what your local time or GMT time is. When you know what the EST time is, then you can work out how many hours forward or backward your local time is from the EST time you...
Alright sir, thanks for your advice. much appreciate
  • #3,229
  • Jul 11, 2017 3:16am Jul 11, 2017 3:16am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 33 KB


In the attached image, I show a line through the EST 04:00:00 candle - you can see from the clock above. The 04:15:00 candle is about to start.

That will tell you the corresponding broker/your local time...just look at your watch.

Cheers,


Mike
  • #3,230
  • Jul 11, 2017 3:26am Jul 11, 2017 3:26am
Quoting blott
{image} In the attached image, I show a line through the EST 04:00:00 candle - you can see from the clock above. The 04:15:00 candle is about to start. That will tell you the corresponding broker/your local time...just look at your watch. Cheers, Mike
Hi Mike, the qclock is mt4 indicator? Mind to share? Thanks
  • #3,231
  • Jul 11, 2017 3:32am Jul 11, 2017 3:32am
Hi Yamazaki,

No, not MT4. Google Qlock.com It's a free download and it will tell you instantly what the local times are at any place in the world. Their time always adjust to take care of Summer/Winter, so what you see is always the correct local time.

Cheers,


blott
  • #3,232
  • Jul 11, 2017 3:36am Jul 11, 2017 3:36am
Quoting blott
Hi Yamazaki, No, not MT4. Google Qlock.com It's a free download and it will tell you instantly what the local times are at any place in the world. Their time always adjust to take care of Summer/Winter, so what you see is always the correct local time. Cheers, blott
Cheers bro. Thanks for help
  • #3,233
  • Jul 11, 2017 4:07am Jul 11, 2017 4:07am
Hope that helped. I often see people referring to GMT, which only complicates things....trying to work out what their local time is in relation to gmt..and what the target local time is in relation to gmt.....

Exchanges open at the same time every working day..summer or winter. So all you need to know is the local time.

Have a nice week:-)



blott
  • #3,234
  • Jul 13, 2017 10:34am Jul 13, 2017 10:34am
Couldn't agree with blott more. Forget your broker time and GMT, get a world clock and just draw your lines according to the forex market you are interested in. I'm in Thailand, so I am GMT+7... and I don't care . I know that the London Session opens at 14:00 (2:00 p.m.) my time, and the New York session opens at 19:00 (7:00 p.m.). So what you can do is check a world clock, or use the one on this website (Forex Factory) which tells you when the major markets are opening and what time it is in that market (their local time).

Trying to figure out GMT, your brokers chart times, and the time in another market such as the London or New York is just way to confusing.
  • #3,235
  • Jul 25, 2017 7:13am Jul 25, 2017 7:13am
hey blott is it still working?
  • #3,236
  • Jul 10, 2018 10:03am Jul 10, 2018 10:03am
hi

what time i need to enter, if my gmt is 5.30 india

thanks
  • #3,237
  • Jul 10, 2018 1:46pm Jul 10, 2018 1:46pm
Quoting arvijay
hi what time i need to enter, if my gmt is 5.30 india thanks
The easiest way to do this is if you are trading 7:00 am to 9:00 am New York time, just google what time is is in New York and adjust your trading hours in India to that. Depending on where you are, I think it is around a 9.5 hour difference. For example if it is 7:00 AM in New York, it will be 4:30 PM the same day.
  • #3,238
  • Jul 10, 2018 1:58pm Jul 10, 2018 1:58pm
thank you

but, gmt difference in india is 5.30 hours
but, the indicator accept round numbers only like 5 or 6 so on
what to do?
  • #3,239
  • Feb 28, 2019 4:40pm Feb 28, 2019 4:40pm
Hello out there, is anyone still doing this strategy? Please let me know. Thanks
  • #3,240
  • Oct 12, 2019 10:59am Oct 12, 2019 10:59am
I have decided to test this manually here are my results for the week of Oct 7th to 11th 2019

Monday
EURUSD -28 pips
USD JPY +10 pips
GBPUSD +10 pips

Tuesday
USD JPY +10 pips
GBP USD -23pips
EUR USDS +12.5 pips

Wednesday
USD JPY +5pips
GBP USD -3.3 pips
EURUSD - 1 pip

Thursday
USDJPY +19.93 pips
USD CAD +9 pips
GBP USD +83 pips
EUD USD +8 pips
USD CHF +14.4pips
AUDUSD -27pips

Friday
USD JPY +1 pips
USDCAD +5.5 pips
USDCHF [ no trigger ]
GBPUSD +13.6 pips
EURUSD +.2 pips
AUDUSD -5.7 pips

Total 113 pips
1 trader viewing now