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Trade Outside the Box (TOTB)

  • #301
  • Mar 30, 2020 10:36am Mar 30, 2020 10:36am
Quoting ia1979
Have you noticed that a lot of big moves happen when the 9am bar starts? Might be a good to make the box 6am, 7am, 8am (3 hours), and trade the break of the box with the 9am bar. Don't wait for it to close. Enter the trade as it breaks the box. Just a thought.

Hi always markets have big moves with London Open & US Open

you can try your thought and test it for a long period of time to see how it is work stadistically

and let us know if is it big diference
ENJOY YOUR TRADE
  • #302
  • Mar 30, 2020 10:41am Mar 30, 2020 10:41am
Quoting driven18
{image} {quote} Emma, I trade similar breakout strategy, opening 5 hours 0000 - 0500 My question, why are you not exiting trades by the end (as an example 22:59) of the "trading day", just to start a new box trading next day? Is it something that prove to be more profitable to keep the trades running until TP or SL?

what i have noticed that each day is different you sold yesterday and today your data telling to buy so so you must to be like a robot trade what you see

this market you we trade to get money not get the reason (analyse)
ENJOY YOUR TRADE
  • #303
  • Edited 11:23am Mar 30, 2020 11:07am | Edited 11:23am
Quoting Emma7788-FAN
{quote} what i have noticed that each day is different you sold yesterday and today your data telling to buy so so you must to be like a robot trade what you see this market you we trade to get money not get the reason (analyse)
You did not understand. My question is: Why do you not close the trades at the end of the trading day?

Just sharing one of my trades below...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 215 KB
  • #304
  • Edited 12:04pm Mar 30, 2020 11:25am | Edited 12:04pm
Quoting SwingMan
New version "TradeOutsideTheBox v6.1" There is now a parameter in the new version: "EntryLimit_Factor = 0.25" If the close of a bar is within the limit, you can trade. ( - The changes that are made in the source code are programming problems, and maybe I'll make mistakes until everything is tested. - Please do not send PMs for programming help because I don't have time for new projects. ) {image} {file}

Swingman, good stuff...

I do not understand why it is not executing trades in Strategy Tester?

Look at background...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 222 KB
  • #305
  • Mar 30, 2020 11:55am Mar 30, 2020 11:55am
Quoting driven18
{quote} You did not understand. My question is: Why do you not close the trades at the end of the trading day? Just sharing one of my trades below... {image}

some trades need more time to hits Tp or SL

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 145 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 135 KB
ENJOY YOUR TRADE
  • #306
  • Mar 30, 2020 12:03pm Mar 30, 2020 12:03pm
Quoting Emma7788-FAN
{quote} some trades need more time to hits Tp or SL {image} {image}
Got You. I just do not like to keep trades overnight.
  • #307
  • Mar 30, 2020 12:37pm Mar 30, 2020 12:37pm
What are the recommended trading hours of this system please ? so whats the latest we we would take a buy or sell.Cant seem to find it within the thread.
Thanks.
  • #308
  • Mar 30, 2020 12:50pm Mar 30, 2020 12:50pm
Quoting driven18
... I do not understand why it is not executing trades in Strategy Tester? Look at background...
And I thought that everyone knew that this was an Indicator and not an Expert Advisor ...
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1-Tester.PNG Size: 50 KB
  • #309
  • Mar 30, 2020 1:04pm Mar 30, 2020 1:04pm
Quoting SwingMan
{quote} And I thought that everyone knew that this was an Indicator and not an Expert Advisor ... {image}
Good Stuff
  • #310
  • Mar 30, 2020 1:23pm Mar 30, 2020 1:23pm
Quoting nihilist23uk
What are the recommended trading hours of this system please ? so whats the latest we we would take a buy or sell.Cant seem to find it within the thread. Thanks.
post#1
ENJOY YOUR TRADE
  • #311
  • Mar 30, 2020 2:33pm Mar 30, 2020 2:33pm
Quoting Emma7788-FAN
{quote} post#1
Sorry Emma7788 i cant see anywhere where it says only take trades between these hrs. the box size and times is clear but i cant see what the latest time a trade would be valid if it closed above or below box.
Maybe me having a moment but i just cant see it.

Thank you.
  • #312
  • Mar 30, 2020 3:00pm Mar 30, 2020 3:00pm
New version "TradeOutsideTheBox v6.2"

I've made a few adjustments.
For trading I calculated the necessary number of lots for a given risk, etc.
Please report any errors.
Attached Image
Attached File(s)
File Type: ex4 TradeOutsideTheBox v6.2.ex4   50 KB | 1,003 downloads
  • #313
  • Mar 31, 2020 1:34am Mar 31, 2020 1:34am
Quoting SwingMan
New version "TradeOutsideTheBox v6.2" I've made a few adjustments. For trading I calculated the necessary number of lots for a given risk, etc. Please report any errors. {image} {file}
hi. Thanks for you work.
Can you fix it?
This is Dax index.

https://c2n.me/46Kg5YA.png
  • #314
  • Edited 4:50am Mar 31, 2020 3:55am | Edited 4:50am
Quoting SwingMan
New version "TradeOutsideTheBox v6.2" I've made a few adjustments. For trading I calculated the necessary number of lots for a given risk, etc. Please report any errors. {image} {file}
Hi SwingMan,

I'm testing the indicator (thank you very much for your work), but is this hour setting correct? That setup seems to start right at the open of London, not 1 hour before the open... The idea of the Box is between 1 hour before London session to 1 hour after Asian session, right?

Maybe, if possible, can you upgrade the indicator with a stop loss line, that works over percentage of box? This is helpfull to put an order.

Thanks!!
  • #315
  • Mar 31, 2020 4:31am Mar 31, 2020 4:31am
Quoting SwingMan
New version "TradeOutsideTheBox v6.2" I've made a few adjustments. For trading I calculated the necessary number of lots for a given risk, etc. Please report any errors. {image} {file}
Hi Swingman if possible in next version could you add popup & push alert. Great work thanks..
  • #316
  • Mar 31, 2020 5:39am Mar 31, 2020 5:39am
Quoting Gar00u
{quote} hi. Thanks for you work. Can you fix it? This is Dax index. {image}
- Level Resize Factor can not be 500!

1.0 or 1.2 would be OK.

- I have a "zero divide" message on DE30 and have to correct it
  • #317
  • Mar 31, 2020 5:46am Mar 31, 2020 5:46am
Quoting Thejoetrader
Hi SwingMan, I'm testing the indicator (thank you very much for your work), but is this hour setting correct? That setup seems to start right at the open of London, not 1 hour before the open... The idea of the Box is between 1 hour before London session to 1 hour after Asian session, right? Maybe, if possible, can you upgrade the indicator with a stop loss line, that works over percentage of box? This is helpfull to put an order. Thanks!!
- The hours are GMT, we have an option to Auto calculate or no the offset, and you can set or test your broker GMT offset.

- "Over percentage of box" please check the parameter "LevelResizeFactor"

I only adjusted the existing "3 Tier London Breakout" indicator so that I didn't test all the original functionalities.
  • #318
  • Mar 31, 2020 5:49am Mar 31, 2020 5:49am
Quoting smartvin
{quote} Hi Swingman if possible in next version could you add popup & push alert. Great work thanks..
So far I have not seen any trading examples where the indicator would be helpful, so I see no advantages for alerts ...
  • #319
  • Mar 31, 2020 6:08am Mar 31, 2020 6:08am
31.03.20

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 217 KB
ENJOY YOUR TRADE
  • #320
  • Mar 31, 2020 6:15am Mar 31, 2020 6:15am
Quoting Emma7788-FAN
31.03.20 {image}
EA has too much daily range for me
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