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Box Breakout indicator 197 replies

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4H Box Breakout

  • #5,481
  • Mar 10, 2017 2:43pm Mar 10, 2017 2:43pm
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Grand total since Jan 16 +$1993.00
  • #5,482
  • Mar 17, 2017 1:17pm Mar 17, 2017 1:17pm
Trade management was key this week. Could have lost tons but was able to still make a profit.
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  • #5,483
  • Dec 22, 2017 6:38am Dec 22, 2017 6:38am
Any updates? Are people still trading this on the weekly?

I am playing with a daily breakout but interested to know peoples progress here.
EX BBMA trader focusing on REE code.
  • #5,484
  • Jan 16, 2018 7:04pm Jan 16, 2018 7:04pm
Quoting Pharoah
{quote} Ace's core system as it is in the original post would have destroyed anyone's account who would have been using this system in the years of 2000-2006. For those years, the first 4H bar sets the average of the weekly price, not the high or low. it wasn't until mid/end of week that the prices started moving in one direction or another. Is Ace's system good? Definitely, no questions asked, Could it be improved? Definitely, No questions asked. My revision on this system is expected to have an approximate 4% drawdown which it is currently 8%...
Then, what about Danno's results that improved the results of Ace's system?
  • #5,485
  • Jan 27, 2018 10:49pm Jan 27, 2018 10:49pm
I am in the process of developing an EA, indicator and backtest that takes into account all the different ways people on this forum have mentioned that they trade this system. I have been trading this system for some time now and it has been profitable for me. I trade it on the 4h and 1h but have been looking into the 1D and 1W, but will have to do some backtesting to see what type of results I get on the higher timeframes. I should be able to start generating backtests with multiple variables witin 2 weeks.
  • #5,486
  • Feb 3, 2018 6:05am Feb 3, 2018 6:05am
What you need to look for is genuine consolidation within the allotted time that you are dedicating to the charts. We all know what happens after the market finishes coiling and squishing together like a spring.
  • #5,487
  • Edited 10:57pm Apr 1, 2018 2:38pm | Edited 10:57pm
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This strategy works. Don't make it complicated. Follow the rules exactly as they are set.
To make it work even better, do your analysis so you know where the market is heading. Then you can setup for only one side breakout instead of 2.
Look at my results for the last 1.5 months of trading. Demo.
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  • #5,488
  • May 16, 2018 4:58pm May 16, 2018 4:58pm
Quoting alexdepa
{quote} The EA inputs are: Risk per trade: % of balance for each trade (buy and sell); Orders price offset in pips: buffer from Hi and Low of the 4H candle; TP: take profit intended as how many times the 4H candle (example: if the 4H candle's body is 50pips and TP is set to 2, the TP will be 100pips). The EA automatically add the spread to the buffer. There isn't any setting about time zone or GMT because MT5 demo server is at the right time zone as described on first post and the EA is just for backtesting purpose. This is a very first version...
Hi alexdepa

kindly Create a MA or Indicator on basis of below rules.

1. BOX Set up remain same
2. But Trade entry should be on Basis of Guppy GMMA
(if fast Exponential Moving averages (5,7,10,12,15,18) crosses slow EMA (30, 35, 40, 45, 50, 60) upward we will take buy trade when box upper limit breakout. will ignore the sell trade if box lower limit breakout. Sell Trade is vice versa)
or if EMA 30 is above EMA 60 we will only take buy trade, if EMA 30 is below EMA 60 we will take only sell trade.
  • #5,489
  • Jun 25, 2018 6:52am Jun 25, 2018 6:52am
Quoting SwingMan
{quote} Here you are the version with parameters: . {file}
Sorry to bring up this topic again
But does anyone have the mq4 file of this indicator or at least an updated version
Thank you
Attached File(s)
File Type: ex4 BoxBreakout Signals_v2.ex4   18 KB | 1,054 downloads
  • #5,490
  • Jun 25, 2018 4:42pm Jun 25, 2018 4:42pm
Quoting NanoPip
... Sorry to bring up this topic again But does anyone have the mq4 file of this indicator or at least an updated Version
Here have you some versions and an EA
Attached File(s)
File Type: zip BoxBreakout-Files.zip   30 KB | 1,997 downloads
  • #5,491
  • Jun 26, 2018 4:50am Jun 26, 2018 4:50am
does this system still works? I see is quite silence for a few years..
  • #5,492
  • Jun 26, 2018 7:36am Jun 26, 2018 7:36am
Yes some 4 hr boxes are better than others. Depends on the pair and how much you are aiming for in pips and what you do when you are wrong
  • #5,493
  • Jun 28, 2018 11:55am Jun 28, 2018 11:55am
Quoting SwingMan
{quote} Here have you some versions and an EA {file}
Hey SwingMan, Thanks for the Indicator versions. Could you please tell the box formation rules of the BoxBreakout Signals_v5 ?? Im confused because it not matched with the thread rules.
Attached File(s)
File Type: mq4 BoxBreakout Signals_v5.mq4   36 KB | 1,343 downloads
  • #5,494
  • Jul 13, 2018 4:53pm Jul 13, 2018 4:53pm
Quoting Kezz23
does this system still works? I see is quite silence for a few years..
It is still working but not in Forex, only in Stock Index, I visually back-tested Dow, SP500 and FTSE and the results are great!
  • #5,495
  • Jul 29, 2018 10:15pm Jul 29, 2018 10:15pm
Quoting iamgotzaa
Hi If there is anyone still using this system I have wrote an EA according to the rule provided there in the first page.( thank you for sharing nice concept here ) I'll like to share the code I wrote. thank you, {file}

Hi Friends

a guy request me to update this piece of EA.
So compile with latest build.

untest.
Attached File(s)
File Type: mq4 WeeklyTrader.mq4   11 KB | 1,535 downloads
File Type: ex4 WeeklyTrader.ex4   19 KB | 1,155 downloads
Holy grail, pls pm
  • #5,496
  • Jul 30, 2018 2:17am Jul 30, 2018 2:17am
Quoting iamgotzaa
{quote} Hi Friends a guy request me to update this piece of EA. So compile with latest build. untest. {file} {file}
Thanks buddy. You have been great.
  • #5,497
  • Sep 7, 2018 2:44pm Sep 7, 2018 2:44pm
does it only work with jpy cross?
  • #5,498
  • Sep 7, 2018 3:49pm Sep 7, 2018 3:49pm
Quoting iamgotzaa
{quote} Hi Friends a guy request me to update this piece of EA. So compile with latest build. untest. {file} {file}
Tried this week but 0 trades...so I just will invest an hour and code this thing next week...
Vucking good EA coder... https://t.ly/AZjRM
  • #5,499
  • Sep 7, 2018 3:58pm Sep 7, 2018 3:58pm
Quoting chakal
{quote} It is still working but not in Forex, only in Stock Index, I visually back-tested Dow, SP500 and FTSE and the results are great!
U can test next week when I m finished my universal breakout class and this one will be a test 4 it!
Vucking good EA coder... https://t.ly/AZjRM
  • #5,500
  • Sep 27, 2018 10:51pm Sep 27, 2018 10:51pm
Quoting reteid2222
{quote} U can test next week when I m finished my universal breakout class and this one will be a test 4 it!

hi

how is the progress

looking forward to test them too.
Holy grail, pls pm
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