Trade Outside the Box (TOTB) | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Thinking Outside the Box!?! 658 replies

Think outside the box- The big picture tech analysis 0 replies

Mission Discovery: Think Outside The FX Box 156 replies

Definition of Bullish Outside Engulfing and Bearish Outside Engulfing 3 replies

Think Outside the Box 26 replies

Attachments: Trade Outside the Box (TOTB)
Exit Attachments

Trade Outside the Box (TOTB)

  • #101
  • Mar 11, 2020 3:36am Mar 11, 2020 3:36am
Hi @Emma,
just a little note regarding the times.
If one use the "Happy Hours" indicator (https://www.forexfactory.com/showthr...7#post12798027),
you can see that statistically, regardless of GMT, the bar ranges (volatility) for this pair increase between 06:00 - 10:00, continue to increase until 17:00, and then decrease.

Perhaps it is worth doing a comparative analysis of these statistically determined intervals with your intervals.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1-HappyHours.png Size: 84 KB
  • #102
  • Mar 11, 2020 3:54am Mar 11, 2020 3:54am
One can see that generally the box ranges are actually a bit smaller.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1-ComparativeAnalysis.PNG Size: 120 KB
  • #103
  • Mar 11, 2020 3:59am Mar 11, 2020 3:59am
Quoting Mr.Trader123
{quote} Yes everything looks like yours now ! :=) So its would be nice if we get a better Indikator because this indikator will color just if we done with the work. I built an indikaotr before maybe im gonna change it a bit and then will post it here

Happy to know that every thing going well

No Test & Trade
ENJOY YOUR TRADE
  • #104
  • Mar 11, 2020 4:21am Mar 11, 2020 4:21am
Quoting stan3188
{quote} Hi Emma Like the simple chart and trading style. Can you just confirm why you entered the trades for UJ and EJ where you have ? Neither are below the candle that closed below the box.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 96 KB
ENJOY YOUR TRADE
  • #105
  • Mar 11, 2020 4:22am Mar 11, 2020 4:22am
Quoting SwingMan
{quote} And if not, what do I do? I am programming an automatic calculation of the GMT offset ... Please test, there can always be something wrong. {file} {image} {image}

Thanks Great Work

for Me work excellant
ENJOY YOUR TRADE
  • #106
  • Mar 11, 2020 4:26am Mar 11, 2020 4:26am
Quoting Akaykenann
{quote} my broker shows 02:15:15 currently. I tried to adjust the timing looking towards london open. its not accurate. im using the forex website as a reference. What hours should I apply? ITs not a rocket scene but still not going Thank you {image}

use this / You can adjust it yourself here

https://www.forexfactory.com/showthr...2#post12803722


https://www.forexmarkethours.com

the box from 06-10 GMT
ADJUST IT YOURSELF
ENJOY YOUR TRADE
  • #107
  • Mar 11, 2020 4:28am Mar 11, 2020 4:28am
Quoting stormtrader
Nice clean and straight forward! Kudos to you and thank you Emmanuel! i ll give it a shot plus i am working on a robot that with this addition could be a goldmine. Be back with more


Thanks to you Bro waiting for your update
ENJOY YOUR TRADE
  • #108
  • Mar 11, 2020 4:28am Mar 11, 2020 4:28am
Quoting PhillipmC
{quote} Unfortunately these would of hit SL

just UJ EJ still moving arround
ENJOY YOUR TRADE
  • #109
  • Mar 11, 2020 4:33am Mar 11, 2020 4:33am
Quoting countaccrue
Buy-Crude, T/P = +10% 3/10-quotes. Oil prices have to typically range, furthermore, above around $35 or else shale profits will get annihilated.

Crude & Gold Both has another sitting to resolve thier puzzle because there are vinculated to Future Supply & Demand contracts

but ....... its has thier own BOX for Battel and we should go with the winner

So cooming soon iīll post some tips about GOLD & OIL (CRUDE)

ENJOY YOUR TRADE
  • #110
  • Mar 11, 2020 4:51am Mar 11, 2020 4:51am
11 MAR 2020

GU UJ GJ EJ
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 188 KB


GN GA EA

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 157 KB
ENJOY YOUR TRADE
  • #111
  • Mar 11, 2020 5:03am Mar 11, 2020 5:03am
we have a exact setup to follow
1-BOX Range 06.01 - 09.59 (4Hours) (4Bars )
to get the range exactly your BOX sitting should be like this

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 89 KB



2-Wait for Setup to be done
3- calculate your risk R:R
4- Be ready to open your Sell / Buy Market & limit Order as well

Please SwingMan modify to be by default

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 89 KB
ENJOY YOUR TRADE
  • #112
  • Mar 11, 2020 5:14am Mar 11, 2020 5:14am
No Trades today because all boxes to high for me i dont wanna trade when box is already 80/90% of the ADR
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 244 KB
  • #113
  • Mar 11, 2020 5:15am Mar 11, 2020 5:15am
GBPUSD

we have a exact setup to follow

1-BOX Range 109 pips
2-Wait for Setup to be done Done
3- calculate your risk R:R 109 / Risk (*%) of my account = could be 1 trade or 2 or 3 positions but totally ( same Risk)

4- Be ready to open your Sell / Buy Market & limit Order as well Done ( buoght + buy limit order placed )
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB


5 Rule of exit (TP) 1 trade @ 50% this case 54 pips
(Tp) 2 Trade @ 100% 109 pips


Exit Rule by Stop loss

close trade if 1H Bar close below this low (1.2839)


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB
ENJOY YOUR TRADE
  • #114
  • Mar 11, 2020 5:20am Mar 11, 2020 5:20am
Quoting Mr.Trader123
No Trades today because all boxes to high for me i dont wanna trade when box is already 80/90% of the ADR {image}

we donīt have limits Mr.123Trader

Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 515 KB
ENJOY YOUR TRADE
  • #115
  • Mar 11, 2020 6:09am Mar 11, 2020 6:09am
Quoting Emma7788-FAN
11 MAR 2020 GU UJ GJ EJ {image} GN GA EA {image}
Gj is more than 200 Pips & Ea is more than 150 Pips POST #1
  • #116
  • Mar 11, 2020 6:48am Mar 11, 2020 6:48am
Quoting Emma7788-FAN
... Please SwingMan modify to be by default...
Modified version "3.3c-GMT"

Only the possibility remains to auto calculate the GMT-Offset.
Attached File(s)
File Type: mq4 3 Tier London Breakout V.3.3c-GMT.mq4   27 KB | 648 downloads
  • #117
  • Mar 11, 2020 7:28am Mar 11, 2020 7:28am
Quoting Emma7788-FAN
GBPUSD we have a exact setup to follow 1-BOX Range 109 pips 2-Wait for Setup to be done Done 3- calculate your risk R:R 109 / Risk (*%) of my account = could be 1 trade or 2 or 3 positions but totally ( same Risk) 4- Be ready to open your Sell / Buy Market & limit Order as well Done ( buoght + buy limit order placed ) {image} 5 Rule of exit (TP) 1 trade @ 50% this case 54 pips (Tp) 2 Trade @ 100% 109 pips Exit Rule by Stop loss close trade if 1H Bar close below this low (1.2839) {image}
Yeah your broker shows 109 Pip range i have 127 pip but i dont which one is correct i mean every broker has some differentials. The only thing what i dont like on your broker you have to many gaps in the normal day which means low liquidity pool
  • #118
  • Mar 11, 2020 7:50am Mar 11, 2020 7:50am
Quoting Emma7788-FAN
{quote} {image}



Appreciate that there was a candle close below the box in both cases, but my confusion was more about when you entered the trade.
I'd assumed that the trade would be entered once the candle closed. For UJ, Sell trade was taken around 104.255, but the candle close was 103.803. With EJ the close was around 117.600, but the trade was entered at 118.080. Are there some rules around waiting for a pullback that I've missed ? The above relate to the pictures in Post 76 Thanks
  • #119
  • Mar 11, 2020 8:46am Mar 11, 2020 8:46am
Sorry for this new post, but it has something to do with Fibo levels ...

At some point I programmed an EA to quickly calculate the lots. It is not yet fully functional because nobody is using it:
https://www.forexfactory.com/showthr...7#post12434847
Attached Image (click to enlarge)
Click to Enlarge Name: RR-Order-Panel.PNG Size: 73 KB
Attached File(s)
File Type: ex4 smTMMS RR-OrderPanel EA_v1.1.ex4   62 KB | 493 downloads
  • #120
  • Mar 11, 2020 8:48am Mar 11, 2020 8:48am
Hi Emma,

What you are doing here makes a lot a sense to me

It reminds me about TRO (The Rumpled One), MO and Dragon33 teaching on Kreslik...

Good luck to you

Rodoid
0 traders viewing now