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Simple Breakout System By Zach V2

  • #61
  • Dec 27, 2017 8:16am Dec 27, 2017 8:16am
Why is this thread so quiet? Today there were many good opportunities based on this strategy.
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Fear is the mind-killer.
  • #62
  • Dec 27, 2017 12:49pm Dec 27, 2017 12:49pm
Thanks to ErollZach for this strategy. Today I made 120 pips! I will keep on trading it
  • #63
  • Dec 28, 2017 2:21am Dec 28, 2017 2:21am
Nice system, thanks !
But i have difficulties regarding time zone in France.

What are the hours of the box in France, now ?

Look my screenshot, the box are correct ?

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Thanks.
  • #64
  • Dec 28, 2017 3:38am Dec 28, 2017 3:38am
Quoting Stonyheart
Nice system, thanks ! But i have difficulties regarding time zone in France. What are the hours of the box in France, now ? Look my screenshot, the box are correct ? {image} Thanks.

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The time zone of the box originally is

GMT 00:00-08:00

Since france is only 1 hour different,u can mark your box base on GMT zone

Regards

Eroll Zach
  • #65
  • Dec 28, 2017 3:39am Dec 28, 2017 3:39am
Quoting MrJoker
Why is this thread so quiet? Today there were many good opportunities based on this strategy. {image}
I will make some noise after new year 2018 brother

Holiday mood
  • #66
  • Dec 28, 2017 3:40am Dec 28, 2017 3:40am
Quoting luatrader
Thanks to ErollZach for this strategy. Today I made 120 pips! I will keep on trading it
Just beware of HIGH IMPACT NEWS
  • #67
  • Dec 28, 2017 3:43am Dec 28, 2017 3:43am
Quoting nahyan
templete dose not works , mt4 says cant load indi , but i have all of them in indicator folder
u should refresh your MT4 and load back your TPL

If possible,can u screenshot your chart?Thanks
  • #68
  • Dec 28, 2017 3:46am Dec 28, 2017 3:46am
Quoting nightfox84
So are your trades all on m15?
Yes
  • #69
  • Dec 28, 2017 7:22am Dec 28, 2017 7:22am
Heres the million dollar question......how do you deal with 'fake breakouts' ???
  • #70
  • Dec 28, 2017 1:23pm Dec 28, 2017 1:23pm
Quoting nozzer
Heres the million dollar question......how do you deal with 'fake breakouts' ???
Also, why is this system succesful on long term basis? With other words, why does the other 163 not work for us? Just wondering, no offence
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  • #71
  • Dec 28, 2017 9:48pm Dec 28, 2017 9:48pm
Quoting ErollZach
{quote} {image} The time zone of the box originally is GMT 00:00-08:00 Since france is only 1 hour different,u can mark your box base on GMT zone Regards Eroll Zach
Hi Zach, I get confused about the breakout box.
In Thread 1, it stated as GMT 9PM-5AM.


So, now you change the breakout box from GMT 0000 - 0800?
  • #72
  • Dec 29, 2017 12:18am Dec 29, 2017 12:18am
Relax, focus and trade what you see.
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  • #73
  • Dec 29, 2017 1:25am Dec 29, 2017 1:25am
Quoting StayFoolish
{quote} Hi Zach, I get confused about the breakout box. In Thread 1, it stated as GMT 9PM-5AM. So, now you change the breakout box from GMT 0000 - 0800?
It looks to me that you have to use the start of Sydney in your time settings till the start of London.
Keep it simple without too many crappy indicators!
  • #74
  • Dec 29, 2017 4:01am Dec 29, 2017 4:01am
Relax, focus and trade what you see.
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  • #75
  • Dec 29, 2017 8:05am Dec 29, 2017 8:05am
Quoting ErollZach
This indicator i use to see the momentum of each currencies {image} {file}
Zach after installing your currency strength indicator the text turns bright lime in color and is impossible to see against a white background. I've tried to adjust in the settings but it reverts back to lime. Any ideas? Thanks!
  • #76
  • Dec 29, 2017 8:39am Dec 29, 2017 8:39am
Quoting ErollZach
{quote} Yes
Entered a few trades today (1W, 1BE, 1 in process). Looks good so far. You are absolutely right, you have to "resist" the temptation of over trading. It's very tempting. Thanks for this thread, by the way. Have a great weekend!.
  • #77
  • Dec 29, 2017 11:47am Dec 29, 2017 11:47am
Today I made more than 100 pips again I think it's a great strategy with low drawdown
  • #78
  • Dec 30, 2017 6:43am Dec 30, 2017 6:43am
Subscribed...
  • #79
  • Dec 30, 2017 6:05pm Dec 30, 2017 6:05pm
Quoting Xoset
Relax, focus and trade what you see.{image}

What is the name of the Bollinger Band indicator with the red good sign when price closes below/above the bands? i need it, Thanks
i have tried to start trades with a trend, now i prefer to follow the trend
  • #80
  • Dec 31, 2017 12:16am Dec 31, 2017 12:16am
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Hi Zach, I have question about this NZDUSD setup. Please correct me. There was fake BO setup. We put first sell as the price cross the 100% of below fibo. And after the price going up, the others PO will become the next other sell positions, so then after the price reached fibo -0.05 we will have some loss trades due to the stop loss at -0.05?
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