Market Predatorfx58

Great to have you back. . . Hope works have been sailing good!?

Very interested in seeing an expert advisor for this, I know Tanaka on soehoe could likely do it, do you have an mq4 or several we can at least try to get him to look at it.

Matt

Ok I have done quite a few personally, with different parameters, and it does work, however there are times when the market needs a recovery factor or strategy in the midst of the system, which I did not do as yet. The System needs recovery method for the main reason that price may break both sides and swing partially to one end being south and you think your doing well then it goes north for the rest of the day. So some buffer has to be there for trade trigger, including protection of capital.

There is a girl on YouTube that does this method around news expectations just like I was doing here and she uses a buffer and a some more things, she is also looking for ranges or channels. A couple years ago the ranges would show up consistently, however some things have changed overtime, due to the algorithms programmed to take our money, so I would look on the m15, check m30, h1 all the way up to Daily for consolidation, then place my entries with notes, to say m15, m30, h1, h4 or daily BO. The larger the time frame the larger the entry buffer and duration of the trade.

Should automation be done fresh, I would include a level of recovery, it is needed.
Get this automated below and your good.
https://www.forexfactory.com/showthr...8#post10701018

There is also an e.a. which was created some years ago on the Forexfactory which has alot of features for breakout aswell, not sure if remember seeing recovery in it though.

One may be very strict and look for smooth consolidated zones prior to high impact news on session opens and trade those, however you may experience jolts or knee Jerk reactions to confuse you. Sometimes the break is smooth other times it is an ambush. Nevertheless if you check the charts for a particular asset with a session range indicator for several months or years and pickup the right specifications to your findings you will be a happy camper, all it takes is some work, with a journal.

For an image representation there are 3 buys and let's say 3 sells. However at one point the sell looked like it would have gone to profit-thats the black arrow, then it just turned and went for long. Then when the account goes into an overall profitable circumstance, one would close all trades in the set.
The lot sizes could not be the same though...