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Trade Outside the Box (TOTB)

  • #441
  • Apr 9, 2020 11:00am Apr 9, 2020 11:00am
Quoting kispios2
{quote} 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). {image}
Lol You have same questions of mine.
  • #442
  • Apr 9, 2020 11:12am Apr 9, 2020 11:12am
Quoting onethousand
{quote} Lol You have same questions of mine.

Yep..! But I think is the most important bz with different time, we have different trade.
  • #443
  • Apr 9, 2020 11:18am Apr 9, 2020 11:18am
Quoting kispios2
{quote} Yep..! But I think is the most important bz with different time, we have different trade.
Yep! He mentioned that he is using GMT+3 which is same broker server time of mine, but use different time bz of mine... and also changed 4 times...

I just need answer..
  • #444
  • Apr 9, 2020 11:27am Apr 9, 2020 11:27am
Quoting onethousand
{quote} Yep! He mentioned that he is using GMT+3 which is same broker server time of mine, but use different time bz of mine... and also changed 4 times... I just need answer..

Same broker here!

GMT +3 settings the chart is attached.

We have different entry.
Attached Image (click to enlarge)
Click to Enlarge Name: GNT +3.jpg Size: 255 KB
  • #445
  • Apr 9, 2020 11:57am Apr 9, 2020 11:57am
Quoting kispios2
{quote} Same broker here! GMT +3 settings the chart is attached. We have different entry. {image}
set GMT +2, if broker has GMT +1 there is the difference. First caldle start at 8 AM? You need to set your indicator with two hours before the London session begins. Just adjust.
  • #446
  • Apr 9, 2020 12:10pm Apr 9, 2020 12:10pm
Quoting kispios2
{quote} Same broker here! GMT +3 settings the chart is attached. We have different entry. {image}
The one you attached is same as my setting.. But When I check his chart... different entry
  • #447
  • Apr 9, 2020 12:29pm Apr 9, 2020 12:29pm
Quoting Emma7788-FAN
{quote} Thanks for your input Erebus... but let me tell you that internet is full of 100M Strategy and the most like 95% of traders are losers so maybe change our mind and don´t follow herds could be the solution {image} {image} REMEMBER the Strategy only 15-20% to be a Good trader {image}
Love the images. Fantastic...
  • #448
  • Apr 9, 2020 2:23pm Apr 9, 2020 2:23pm
Quoting SwingMan
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...
Well I didn't mean any private coding I just didn't wan't to spam the thread with this issue. By all means if you decide to add alerts make it public. Anyway here is an example of yesterday NO alert and today's alert that we should get.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 52 KB

But you already have something like this implemented you have red/green circle for confirmed trade and a blue skull for no trade. What rules does this icons follow? Maybe just add alerts to whatever you are using and it's done.
Anything above the line is an uptrend, below the line is a downtrend.
  • #449
  • Apr 9, 2020 2:47pm Apr 9, 2020 2:47pm
Emma, it is correct that last 2 days your box is drawn 3 hours earlier...take look - shaded box is what we been working with for the past few weeks, box between two lines is what you are displaying last 2 days. Perhaps you are not aware of it.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 210 KB
  • #450
  • Apr 9, 2020 3:13pm Apr 9, 2020 3:13pm
Quoting Degolep
{quote} Well I didn't mean any private coding I just didn't wan't to spam the thread with this issue. By all means if you decide to add alerts make it public. Anyway here is an example of yesterday NO alert and today's alert that we should get. {image} But you already have something like this implemented you have red/green circle for confirmed trade and a blue skull for no trade. What rules does this icons follow? Maybe just add alerts to whatever you are using and it's done.
In #Post 258, version 6.1 (https://www.forexfactory.com/showthr...8#post12845638) I wrote a short explanation.
You might see that I'm just trying to program Emma's recommendations. There are many other ideas and possibilities and I don't want to spend too much time on them.

For this reason, I also wrote that Emma should write his opinion about a DB because some members in PMs suggested it, and especially for alerts, and that's a good thing.
Actually I am working on another interesting idea related to Box Breakouts, maybe also in combination with Darvas Boxes, so that I could have little time to program further functionalities.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH4-BodyBoxes.png Size: 34 KB
  • #451
  • Apr 9, 2020 3:57pm Apr 9, 2020 3:57pm
Quoting driven18
Emma, it is correct that last 2 days your box is drawn 3 hours earlier...take look - shaded box is what we been working with for the past few weeks, box between two lines is what you are displaying last 2 days. Perhaps you are not aware of it. {image}
Thats why so confused... I dont know which box should I follow ...
  • #452
  • Apr 9, 2020 5:22pm Apr 9, 2020 5:22pm
Quoting Erebus
What will be the effect of Daylight Saving Time on this method? London is currently on GMT but the clocks go forward 1 hour on March 29. Thanks
I foretold these time dilemmas way back in Post 3

Why anyone is fixated on GMT is a puzzle to me

The answer is so simple

Just say draw the box 1 hour before London market opens

Market opens at 8 am all year long, DST on and DST off

Frankfurt opens 1 hour before London, makes sense to me

It’s not rocket science
It takes a lot for me to IGNORE you, but you can try.
  • #453
  • Apr 9, 2020 7:32pm Apr 9, 2020 7:32pm
Quoting Erebus
{quote} I foretold these time dilemmas way back in Post 3 Why anyone is fixated on GMT is a puzzle to me The answer is so simple Just say draw the box 1 hour before London market opens Market opens at 8 am all year long, DST on and DST off Frankfurt opens 1 hour before London, makes sense to me It’s not rocket science
I see you are having a. Last with GMT questions across multiple threads
  • #454
  • Apr 9, 2020 7:39pm Apr 9, 2020 7:39pm
Quoting jado911
{quote} I see you are having a. Last with GMT questions across multiple threads
If you can't understand the Time Space Continuum, how can you expect to be able to trade?

It takes a lot for me to IGNORE you, but you can try.
  • #455
  • Apr 9, 2020 7:43pm Apr 9, 2020 7:43pm
Quoting Erebus
{quote} If you can't understand the Time Space Continuum, how can you expect to be able to trade?
Personally I don't work in time domain, I use the Laplace transform to work in the S domain; no GMT there!
  • #456
  • Apr 9, 2020 7:58pm Apr 9, 2020 7:58pm
Quoting jado911
{quote} Personally I don't work in time domain, I use the Laplace transform to work in the S domain; no GMT there!
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-10_10-57-21.jpg Size: 55 KB
It takes a lot for me to IGNORE you, but you can try.
  • #457
  • Edited 2:45am Apr 10, 2020 1:05am | Edited 2:45am
Quoting SwingMan
{quote} In #Post 258, version 6.1 (https://www.forexfactory.com/showthr...8#post12845638) I wrote a short explanation. You might see that I'm just trying to program Emma's recommendations. There are many other ideas and possibilities and I don't want to spend too much time on them. For this reason, I also wrote that Emma should write his opinion about a DB because some members in PMs suggested it, and especially for alerts, and that's a good thing. Actually I am working on another interesting idea related to Box Breakouts,...
Well I hope you find time to code in alerts into your existing visuals that you implemented in version 6.1
Anything above the line is an uptrend, below the line is a downtrend.
  • #458
  • Edited 2:09am Apr 10, 2020 1:44am | Edited 2:09am
I think the best way to build the box is placing London open in the middle of it.

So the box starts from 6 London time and ends 9.59 London time, each and every day, no matter of GMT or GMT+2, DST bla bla bla.

I seem it works well.
  • #459
  • Apr 10, 2020 2:23am Apr 10, 2020 2:23am
Quoting onethousand
{quote} 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
you have to changed box when you think it can changed.
forex price changed. you need to think where you can changed your box .. look for patterns like H&S , triple tops , triangles. if it is trend then follow it.
  • #460
  • Apr 10, 2020 2:48am Apr 10, 2020 2:48am
Quoting Alberto_Jazz
I think the best way to build the box is placing London open in the middle of it. So the box starts from 6 London time and ends 9.59 London time, each and every day, no matter of GMT or GMT+2, DST bla bla bla. I seem it works well.
The problem is the way the explanation was where the box should be.

It would be way more simple if we would know how many hours before London open we should draw the box. Because London open starts all year at the same time, so you just adjust the box when time savings comes 2x a year.

@Emma7788-FAN can you once and for all finish this doubts about the box. How many hours before London open should we draw the box? Is it 2h or 1h or?
Anything above the line is an uptrend, below the line is a downtrend.
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