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Attachments: Trade Outside the Box (TOTB)
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Trade Outside the Box (TOTB)

  • #381
  • Apr 3, 2020 1:13am Apr 3, 2020 1:13am
Quoting jdva
{quote} OK, got it...so far I have only the statistic for this week: {image}
Nice profit jdva!

But please - I told you before - don't share such table of profit that has not only profit of this strategy. It is misleading others specially the new traders.
  • #382
  • Apr 3, 2020 2:41am Apr 3, 2020 2:41am
Quoting armaros
{quote} Nice profit jdva! But please - I told you before - don't share such table of profit that has not only profit of this strategy. It is misleading others specially the new traders.
Please look at OP's post#332...if you need spoon-feeding you should stop trading at all !
I never lose - either I win or I learn...
  • #383
  • Apr 3, 2020 5:02am Apr 3, 2020 5:02am
Quoting jdva
{quote} Please look at OP's post#332...if you need spoon-feeding you should stop trading at all !
You know if you mislead someone or not...

This is uninterpretable "if you need spoon-feeding ". Maybe you would be glad if I wanna copy your trade but not. I don't need your position table.
  • #384
  • Apr 3, 2020 5:20am Apr 3, 2020 5:20am
Quoting jdva
{quote} Please look at OP's post#332...if you need spoon-feeding you should stop trading at all !
Your charts and results have nothing to do with strategy being taught on page one so its best if you do not show them please as they are misleading.

Why not start your own thread and you can teach it and show how great your system is.
  • #385
  • Apr 3, 2020 5:40am Apr 3, 2020 5:40am
Quoting armaros
{quote} You know if you mislead someone or not... This is uninterpretable "if you need spoon-feeding ". Maybe you would be glad if I wanna copy your trade but not. I don't need your position table.
Of course, my young friend...I'm getting misleaded by the markets hundred times a day, even if I'm invisible LOL!
Please show us your results, no matter whether positive or negative. We learn from each other.

Stay safe and healthy, jdva
I never lose - either I win or I learn...
  • #386
  • Apr 3, 2020 6:09am Apr 3, 2020 6:09am
Quoting jdva
{quote} Of course, my young friend...I'm getting misleaded by the markets hundred times a day, even if I'm invisible LOL! Please show us your results, no matter whether positive or negative. We learn from each other. Stay safe and healthy, jdva
You do not understand what I was talking about. Discussion closed with you.
  • #387
  • Apr 3, 2020 10:38am Apr 3, 2020 10:38am
see #232 ... I like to use this boxing method because it is clear and simple via "Daily LineBoxes" with thanks to @hanover in H4. I find the extension (Pips in Box, TP ...) by @SwingMan quite comfortable...

Hello @SwingMan
here you find a pic of comparing two different time-boxes (using yours and hanovers)

Could you please eliminate some informations (red cross) but remaining other informations (green crosses)? Or please send me source code if to much to do for you?

Have a nice weekend
yours Isabella
Attached Image (click to enlarge)
Click to Enlarge Name: eliminate.JPG Size: 256 KB
  • #388
  • Apr 3, 2020 12:22pm Apr 3, 2020 12:22pm
Quoting Isabella_D
...Or please send me source code if to much to do for you? Have a nice weekend yours Isabella
But you have many "3 Tier..." source codes here and in other threads.

I only made changes based on Emma's instructions.
  • #389
  • Apr 3, 2020 12:30pm Apr 3, 2020 12:30pm
Quoting SwingMan
{quote} But you have many "3 Tier..." source codes here and in other threads. I only made changes based on Emma's instructions.
thx, I will look for this, hope I will find any one.
  • #390
  • Edited 11:35pm Apr 4, 2020 9:54pm | Edited 11:35pm
Attachment 4
This release is for Demo account only, the default setting will not work for all pairs.
Run optimization for the pair you wish to test, then use those results for forward demo.
The filters are On/Off only and you can chose which one you want, if all filters are off then the EA will trade when 1hr candle closes outside box but inside max pct outside box value and if the previous 4 1HR bars do not break the max pct value.

Updated with lot size fix
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TOBOV0.8 EG.gif Size: 9 KB
Click to Enlarge Name: TOBOV0.8 EJ.gif Size: 9 KB
Click to Enlarge Name: TOBOV0.8 GU ET.gif Size: 9 KB
Click to Enlarge Name: TOBOV0.8 GU.gif Size: 9 KB
Click to Enlarge Name: Screenshot1.png Size: 122 KB
Attached File(s)
File Type: pdf Presentation1.pdf   294 KB | 660 downloads
File Type: ex4 TOTB v0.8.ex4   334 KB | 486 downloads
  • #391
  • Apr 5, 2020 12:07am Apr 5, 2020 12:07am
Quoting jado911
3598036 This release is for Demo account only, the default setting will not work for all pairs. Run optimization for the pair you wish to test, then use those results for forward demo. The filters are On/Off only and you can chose which one you want, if all filters are off then the EA will trade when 1hr candle closes outside box but inside max pct outside box value and if the previous 4 1HR bars do not break the max pct value. Updated with lot size fix {image} {image} {image} {image} {image} {image} {file}
Thank you for providing a practical optimisation lesson.
Practice makes a person perfect
  • #392
  • Edited 4:05am Apr 5, 2020 3:35am | Edited 4:05am
New version "TradeOutsideTheBox v7.0"

Two new parameters requested by some members:

For @mrafzal:
"BoxOffset_Pips = 0" or other values.

For @Isabella_D:
"Show_TradingLevels_Text = true" or false.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY-BoxOffset.PNG Size: 50 KB
Attached File(s)
File Type: ex4 TradeOutsideTheBox v7.0.ex4   51 KB | 587 downloads
  • #393
  • Apr 5, 2020 4:06am Apr 5, 2020 4:06am
Quoting jado911
So I have made an EA for this system, its still not ready for any kind of live trading. I'm attaching it here for the group to test out and hopefully provide feed back to improve. The time should range should be calculated automatically, let me know if its now There are 2 main methods to open trades, Placing pending ordered at the top and bottom of the box As soon price reaches the high or low it will open that position and delete the opposite position TP is set at 1x box range SL, will be triggered if bar opens beyond the opposite Limit There is...
Thanks. I've been looking for and asking for an EA with the option to open at a close within a range outside the box for ages! Great. Will test this now.
  • #394
  • Apr 5, 2020 8:06am Apr 5, 2020 8:06am
Quoting SwingMan
New version "TradeOutsideTheBox v7.0" Two new parameters requested by some members: For @mrafzal: "BoxOffset_Pips = 0" or other values. For @Isabella_D: "Show_TradingLevels_Text = true" or false. {image} {file}
I want to request the following adjustment. Total 9 levels. Based on these levels, I want to specify two orders for each direction. Based on backtests 2020. Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 45 KB
Please excuse the bad English via Google Translate.
  • #395
  • Apr 5, 2020 10:35am Apr 5, 2020 10:35am
TOTB looked to "rock" when the markets were going COVID crazy. Last week, not so much. The fundamental flaw for using long-term is that winners are consistently smaller than losers, which ultimately relies on an unrealistically high win percentage. All of the OP's profit projections assume entry at the break of the box, but the method calls for entry at the end of the hour that closes beyond the box. As other have pointed out, this results in R:R of less than 1:1.

And while I really appreciate the efforts of Swingman on the template, for me at least, it is very buggy. From one day to the next it never opens up and looks the same. Probably something on my end, but irritating.

Good luck.
"A is A"
  • #396
  • Apr 5, 2020 11:37am Apr 5, 2020 11:37am
Quoting catiron
TOTB looked to "rock" when the markets were going COVID crazy. Last week, not so much. The fundamental flaw for using long-term is that winners are consistently smaller than losers, which ultimately relies on an unrealistically high win percentage. All of the OP's profit projections assume entry at the break of the box, but the method calls for entry at the end of the hour that closes beyond the box. As other have pointed out, this results in R:R of less than 1:1. And while I really appreciate the efforts of Swingman on the template, for me at least,...
yes think this is true as its not working well for hourly close outside the box. I wanted an EA for a 15min timescale and trade taken at first close outside the box at a % of the range for a 4hr box size. Also able to set SL at say 50% of the box range and TP at 100% of the range.
  • #397
  • Apr 5, 2020 3:46pm Apr 5, 2020 3:46pm
A strategy I've been testing with promising results (and could use help coding, so to backtest).

divide total risk % into three positions. Set SL to one pip plus spread outside of box. Then set tp @ 161.8% 261.8% and 423.6% of box

When price reaches the 161.8% mark move one sl to B/E and the other to 38.2% to be in a free trade. Then if price retraces and closes the position @ b/e, move the other positions tp down to 161.8%

If price were to continue to tp @ 261.8% then move remaining sl to 161.8%

The box time I have been using is 2330-0130gmt taking advantage of a Tokyo fix beak. On EURJPY Using 15m close outside and entering only within 3pips of break.

I feel this mm strat w/ fibs would offer higher realized potentials w/ any breakout time. As it offers 5 possible outcomes, only one if which is a loss. Again, I need more data to verify.

@ 4% risk the 5 results are about:
-4%
0%
1%
2.5%
5.5%

Thur ~ 2.5% and Fri b/e

I find the most trouble being human error and inability to execute in proper timing. Looking back over the past year it looks good, but executing in real time and figuring in transaction costs has had it's challenges for me.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200405-104058.png Size: 120 KB
  • #398
  • Apr 5, 2020 5:04pm Apr 5, 2020 5:04pm
Quoting ScALpipTaToE
The box time I have been using is 2330-0130gmt taking advantage of a Tokyo fix beak. On EURJPY Using 15m close outside and entering only within 3pips of break.
Thats the type of BO I was posting about and have seen similar trade management also discussed. 80% sure it would work. Maybe this EA could be altered to allow it for 15min candles and a box across the time. I think i was trying 2200 - 0200gmt then a trade on the first if any 15min candle to close within a certain max pips or % range of the box pips.
  • #399
  • Apr 5, 2020 10:10pm Apr 5, 2020 10:10pm
Quoting EAforextrade
{quote} Thats the type of BO I was posting about and have seen similar trade management also discussed. 80% sure it would work. Maybe this EA could be altered to allow it for 15min candles and a box across the time. I think i was trying 2200 - 0200gmt then a trade on the first if any 15min candle to close within a certain max pips or % range of the box pips.
The EA have the range hard coded to use the 1hr bar for the but if you change the TF to 15min it will trade on the close of the 15min bar
  • #400
  • Apr 6, 2020 2:47am Apr 6, 2020 2:47am
"Show_TradingLevels_Text = true" or false.
oh thank you @Swingman. I hope the Easter Bunny comes to you soon

Attached Image
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