Forex Breakout Direction Indicator & EA v7

Delete

Which one is the EA?

Hi Tobzz,

As stated in post 1 "28 day trail EA available from the web site at £2.98 (all pairs)"

The EA needs the indicator installed on the chart to work.

www.forexbreakout.co.uk

I've had a few emails from traders asking how the signal works.

Hopefully the picture below explains it.

Example
If the range box selected for a London open session breakout is input at 00:00 to 08:00 GMT -

1. The signal starts on the 00:00 candle
2. Price is monitored as the range box formed and signal updated to show you if a good breakout opportunity is coming up
3. The signal is called and confirmed on the 07:45 candle, which is 15 mins before the expected breakout

The signal does not re-paint after the close of the 07:45 candle.

The trader can select any time within the range box, to create his / her own breakout system (i.e Asian or US session)

The signal is always confirmed, 15 min before the end of the range box time.

Our EA auto takes the trades from the indicator, if you are not able to set the pending orders at the time of the range box close.

Regards
Craig

Results from testing, September 2017 to December 2017

Used as settings from the PDF instructions, using TP1 only as a RIsk / Reward ratio 1:1

Used 0.01 lots.

Used as Set & Forget, only manually closing the order at 8pm GMT on Friday, before the weekend.

Results from testing, September 2017 to December 2017

Used as settings from the PDF instructions, using TP2 only as a RIsk / Reward ratio 1:2

Used 0.01 lots.

Used as Set & Forget, only manually closing the order at 8pm GMT on Friday, before the weekend.

As mentioned in your abandoned thread: "Full public launced planned for 01.01.2018, showing results on a live verified account."

Would you mind sharing it as promised?

Hi RoboSeer,

I will get this set up and post the link on here in the next couple of days.

Regards
Craig

2 winners and 1 losing trade on the EURGBP since the new year.

On post 1, there is a free EURGBP indicator to download, expires 13.01.18

My 2018 live account can be tracked here https://www.myfxbook.com/members/afk...bdi-v7/2384324

EURCAD performing well. 182 pips so far on Demo 3 account since 01.01.18

www.forexbreakout.co.uk

I don't currently trade the GBPUSD on my live account, but a great move captured on the GBPUSD today by the Forex Breakout Direction Indicator

www.forexbreakout.co.uk

I trade the EURUSD on my live account using a Risk / Reward ratio of 1:1 banking 39 pips, however Demo 3 account shown today that the EURUSD went on for a 1:2 move today

Regards
Craig

Results

Live Account
https://www.myfxbook.com/members/afk...bdi-v7/2384324

Weekly

w/c 01.01.2018
Pips banked = -25.4
Account growth = -2.0%

w/c 07.01.2018
Pips banked = 102.6
Account growth = 3.76%

Monthly

January
Pips banked = 77.2
Account growth = 1.68%

Free trial indicator for EURCAD on post 1 just uploaded. Expires on 31.01.18

28 day trial indicator (£2.99) and EA (£2.98) for all pairs on the website www.forexbreakout.co.uk

Regards
Craig

Morning Krager

I`m trading the same system but on earlier TF, which is basically too early for me,. However your TF are GMT 0.00 - 08.00 which is better I`ll give this a go next, thanks for this. Were in the UK are you.

Hi Sugarman

Good to hear from you.

Im in the UK based near Norwich in Norfolk. I trade this on the times you state, however with this indicator and EA the user can select and input any time to create a breakout system of their choosing i e Europe US or Asian open.

I think the London open session is best tho due to the volume and trading activity

Regards
Craig

I`m not that far Stansted.

Regarding times I agree to take the last bar at 07.00 and open the break between 0.00 and 08.00.

The 3 tick system within the Forex Breakout Direction Indicator

www.forexbreakout.co.uk

Unless the filters are turned OFF the EA will not trade if there is a red X on the chart

Craig

i win on gbpusd 2 days
firts day 12/01/18
2 trades on tp

today i put only one and i win

live account