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Trade Outside the Box (TOTB)

  • #421
  • Apr 8, 2020 4:22am Apr 8, 2020 4:22am
Hi there, new here and going through all the posts.. Is it correct that the box just closed now and this is the start of the first hour outside the box.. Will continue going through all the posts.. Thanks in advance..
  • #422
  • Apr 8, 2020 5:13am Apr 8, 2020 5:13am
Quoting Piscis
Hi there, new here and going through all the posts.. Is it correct that the box just closed now and this is the start of the first hour outside the box.. Will continue going through all the posts.. Thanks in advance..
Yes
Attached Image(s) (click to enlarge)
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THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #423
  • Apr 8, 2020 6:44am Apr 8, 2020 6:44am
Thought you may be interested to see my scorecard using a similar method to this for the last month.

Attached Image (click to enlarge)
Click to Enlarge Name: Disposition.png Size: 77 KB



(Disposition
Your Disposition number tells you how long you spend in winners versus losers. A disposition below 1.00 indicates that you are spending more time in losing trades than winning trades)
Gone to a better place
  • #424
  • Apr 8, 2020 6:53am Apr 8, 2020 6:53am
Nice Indicator. I have 2 questions. For example, if I trade the London session that means my box should be 4 hours before the London opening?
Secondly is there any chance to add an alert when the prices break the box?
  • #425
  • Apr 8, 2020 7:48am Apr 8, 2020 7:48am
Quoting christos1967
Nice Indicator. I have 2 questions. For example, if I trade the London session that means my box should be 4 hours before the London opening? Secondly is there any chance to add an alert when the prices break the box?
No. I think you need to read the thread.
Gone to a better place
  • #426
  • Apr 8, 2020 7:50am Apr 8, 2020 7:50am
Quoting smikester
Thought you may be interested to see my scorecard using a similar method to this for the last month. {image} (Disposition Your Disposition number tells you how long you spend in winners versus losers. A disposition below 1.00 indicates that you are spending more time in losing trades than winning trades)
Of course, this does not mean it is a constantly winning method. It could be market conditions were very good (I think they were), and also the way I handled the trades.
Gone to a better place
  • #427
  • Apr 8, 2020 3:47pm Apr 8, 2020 3:47pm
Massive thanks to Swingman for the excellent work on the indicator ! evolving very nicely, well done.
  • #428
  • Apr 8, 2020 3:55pm Apr 8, 2020 3:55pm
Hi guys, nice thread. Seen a couple of people point out from their personal backtests this strat has shown losses a couple years back. I've read through the thread but couldn't see a reply to this possibly I missed it? Cheers
  • #429
  • Apr 9, 2020 4:41am Apr 9, 2020 4:41am
Quoting smikester
Thought you may be interested to see my scorecard using a similar method to this for the last month. {image} (Disposition Your Disposition number tells you how long you spend in winners versus losers. A disposition below 1.00 indicates that you are spending more time in losing trades than winning trades)
thanks for the contribution, you can explain the differences between your method and this
  • #430
  • Apr 9, 2020 5:28am Apr 9, 2020 5:28am
sorry I hadn´t time yesteday
08.04.20


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 195 KB
ENJOY YOUR TRADE
  • #431
  • Apr 9, 2020 5:31am Apr 9, 2020 5:31am
09.04.20

View
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 197 KB



& Some Results


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 191 KB



Stay Safe
ENJOY YOUR TRADE
  • #432
  • Apr 9, 2020 6:41am Apr 9, 2020 6:41am
Quoting Emma7788-FAN
09.04.20 View {image} & Some Results {image} Stay Safe
Check your time coz I think something is wrong with it.
  • #433
  • Apr 9, 2020 6:44am Apr 9, 2020 6:44am
Quoting Degolep
{quote} Could you explain why my todays box is different than yours but settings are the same and correct? Check the previous picture I uploaded. {image}

Your Setting is OK
ENJOY YOUR TRADE
  • #434
  • Apr 9, 2020 7:00am Apr 9, 2020 7:00am
Quoting Emma7788-FAN
{quote} Your Setting is OK
hey. very nice thread here. open hours every time same, or it can changed later? thanks
  • #435
  • Apr 9, 2020 7:17am Apr 9, 2020 7:17am
Quoting Emma7788-FAN
09.04.20 View {image} & Some Results {image} Stay Safe
hello emma. your system is very good. Is there an active trading robot you would recommend?
  • #436
  • Apr 9, 2020 7:25am Apr 9, 2020 7:25am
Hi Emma, Your open is 3 hours before mine.. Are these your standard settings and I need to change them?
Thanks a lot..
  • #437
  • Apr 9, 2020 7:56am Apr 9, 2020 7:56am
Hi Emma,
several members would like to have a dashboard for the indicator.
Here is one of the texts:

"I was wondering if you could implement desktop and push notifications when price closes above/below the box?
I don't have time to check the charts all day, even though I could just check charts every hour but alerts would make things way easier.

Maybe if possible to get alerts only when price closes 50% of the way between the edge of the box and TP1."

Because I don't do private programming, please describe if and how you would have alerts and a dashboard, and maybe I can do something in the next few days.
  • #438
  • Apr 9, 2020 9:10am Apr 9, 2020 9:10am
Quoting roby0404
{quote} thanks for the contribution, you can explain the differences between your method and this
How long have you got? Seriously I apply some common sense to the method. In a strong uptrend I would not allow the short side. If we are trading inside yesterday's range I would be careful about risk. I set 1 : 1, 3 : 1 and 10 : 1 trades, moving my stop loss to BE +1 after 1 : 1 hits. Stuff like that. Sometimes I will close at a smalll loss if there isn't enough movement/momentum. I find Thursday is best? Not sure why.
Gone to a better place
  • #439
  • Apr 9, 2020 10:53am Apr 9, 2020 10:53am
Quoting Emma7788-FAN
09.04.20 View {image} & Some Results {image} Stay Safe

hello Emma, you are using different settings.

As u see attached, u were using GMT 3, now GMT 0.

Of course if u change it, the result would be different. (so u share more positive trade but with different settings and different entry candle).

After 22 page and with new automatic indicator, would be great to have clear this point.
Attached Image (click to enlarge)
Click to Enlarge Name: GMT3.jpg Size: 132 KB
  • #440
  • Apr 9, 2020 10:58am Apr 9, 2020 10:58am
Quoting Emma7788-FAN
09.04.20 View {image} & Some Results {image} Stay Safe
I am just wondering that during 3/11/2020- 4/9/2020 you have changed time box 4 times. (based on my broker: hotforex Winter: GMT+2, Summer: GMT+3)

3/11
7-10 (HF broker)

3/18
8-11(HF broker)

3/30
9-12(HF broker)

4/9
6-9(HF broker)

Do you use several broker to trade? I am just confused.
Thank you
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