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EURJPY M15 system 80%+

  • #1,061
  • Sep 19, 2018 12:53pm Sep 19, 2018 12:53pm
Quoting driven18
{quote} Go to first page and read the rules on the first page: Buy if price breaks above the box Sell if price breaks below the box
No
Grind until you no longer have to introduce yourself. 4:30am club
  • #1,062
  • Sep 20, 2018 4:44am Sep 20, 2018 4:44am
Thanks, Fxmd. All 4 trades this week are winners!
  • #1,063
  • Sep 20, 2018 5:20am Sep 20, 2018 5:20am
has anyone tried this system on gbp/jpy just wondering
  • #1,064
  • Sep 21, 2018 4:31am Sep 21, 2018 4:31am
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-09-20 TP.png Size: 31 KB
  • #1,065
  • Sep 21, 2018 5:34am Sep 21, 2018 5:34am
do you guys use any filters to decide which way to go or do you take the short and if stopped out reverse long or vice versa
  • #1,066
  • Sep 21, 2018 1:17pm Sep 21, 2018 1:17pm
Quoting pquirst
do you guys use any filters to decide which way to go or do you take the short and if stopped out reverse long or vice versa
Some use currency strength meters, trend lines and indicators of that kind. In my opinion, go for price action. Once again if you feel the chart has no definite form just skip the setup and come back tomorrow. Sometimes you’ll miss good trades and sometimes you will avoid losing trades, tough luck, enjoy the winners, forget the losers.
Grind until you no longer have to introduce yourself. 4:30am club
  • #1,067
  • Sep 22, 2018 12:56am Sep 22, 2018 12:56am
Quoting pquirst
do you guys use any filters to decide which way to go or do you take the short and if stopped out reverse long or vice versa
Here is a FREE box breakout indicator, and read the Comments section for answer to your question, quite easy actually

https://www.mql5.com/en/market/product/9576#

It takes a lot for me to IGNORE you, but you can try.
  • #1,068
  • Sep 24, 2018 2:07am Sep 24, 2018 2:07am
Quoting Fxmd
{quote} Some use currency strength meters, trend lines and indicators of that kind. In my opinion, go for price action. Once again if you feel the chart has no definite form just skip the setup and come back tomorrow. Sometimes you’ll miss good trades and sometimes you will avoid losing trades, tough luck, enjoy the winners, forget the losers.
Hi MrFxmd, from what i see that different time frame there are different BOs range, was that sth wrong with my indicator or that's the way system works?

Tks MrFXmd
  • #1,069
  • Sep 24, 2018 5:04am Sep 24, 2018 5:04am
TODAY SL
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-09-24 SL -11.53$.png Size: 36 KB
  • #1,070
  • Sep 24, 2018 9:25am Sep 24, 2018 9:25am
Hello Friends,
Today I wanted to see the breakup effect to all common symbols as per this thread.
I might be wrong some where, pls correct if so.
Here is my findings:
kkb2k8
Attached File(s)
File Type: docx Findings of Breakup Action of 30 Symbols on 24.09.2018.docx   996 KB | 727 downloads
  • #1,071
  • Sep 24, 2018 10:13am Sep 24, 2018 10:13am
Quoting StayFoolish
{quote} EA v2.2 - add expiry time for pending order - add entry level for limit order - add minutes for box setting - add option to close trade at day end {file} {image}
Hi Stayfoolish,

Would it be possible to add a reverse option to the EA so instead of buying at the top and selling at the bottom of the box, the EA sells at the top and buys at the bottom? I would like to run back tests on some alternative scenarios for a results comparison.

Kind regards,
  • #1,072
  • Sep 24, 2018 11:19am Sep 24, 2018 11:19am
Quoting Denis1819869
TODAY SL {image}
Denis, your H4 box is wrong. It must be coordinated to end @ 2AM GMT. Also, you have 17 candles in your box; it should be 16. My box range was 18 pips and was the 6th consecutive win for me. My platform is Oanda MT4.
  • #1,073
  • Sep 24, 2018 11:41am Sep 24, 2018 11:41am
Quoting Bobcat2
{quote} Denis, your H4 box is wrong. It must be coordinated to end @ 2AM GMT. Also, you have 17 candles in your box; it should be 16. My box range was 18 pips and was the 6th consecutive win for me. My platform is Oanda MT4.
It's Gmt+2, not taking account of daylight saving. I made that mistake earlier as well!
  • #1,074
  • Sep 24, 2018 3:34pm Sep 24, 2018 3:34pm
My visual backtest of September gives me Wins-Loss=2. Has anyone the same count?
Just an opinion. Based on research
  • #1,075
  • Sep 24, 2018 7:44pm Sep 24, 2018 7:44pm
Hi guys,

Based on this strategy, I will be making several tests

I will try to test it in several pairs and different hours.

My first tests to try to find the best pairs and the best hours gave me the followed results (June to September 2018 tested)

Broker server GMT+2 / 4-hour candle top and bottom / 15 Time Frame chart

Using Martingale (even I am not very fan of Martingale, the tests showed that the strategy works about 55%, but normally in the best pairs/hours, does not go more than a 4th level of Martingale. For that, I will be testing with Martingale.

USDJPY - works on the 4h candle of 0h and 16h
EURJPY - works on 0h, 4h, and 12h candles
EURUSD - works on the 8h candle
USDCHF - Works on the 16h candle
GBPUSD - 8h
AUDUSD - 0h
USDCAD - 16h
  • #1,076
  • Sep 24, 2018 7:50pm Sep 24, 2018 7:50pm
Quoting AhmadYt
Great system sir. but do you enter at close of bar above/below the box? Or as soon as the candles cross the bar?
I have the same doubt and I did not found any answer to that.
  • #1,077
  • Sep 25, 2018 12:51am Sep 25, 2018 12:51am
Quoting ruioliveirap
{quote} I have the same doubt and I did not found any answer to that.
That was answered. Wait for a bar to close past the box. If candle is too big and closes too far past the box, wait for a pullback. If no pb, don't trade.
Attached Image
Follow the money --Mark Felt (Deepthroat)
  • #1,078
  • Sep 25, 2018 1:29am Sep 25, 2018 1:29am
Fxmd stated that he waits for a 15 minute candle to break out of the box and CLOSE outside the box.
  • #1,079
  • Sep 25, 2018 1:59am Sep 25, 2018 1:59am
I entered today , Did any one entered the trade today , it breaks up the above line am i correct ?
  • #1,080
  • Sep 25, 2018 2:47am Sep 25, 2018 2:47am
Quoting longfellow
{quote} That was answered. Wait for a bar to close past the box. If candle is too big and closes too far past the box, wait for a pullback. If no pb, don't trade. {image}
Thanks.

But today EURJPY was a loss, even with the correct method, correct?
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