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M5 BB Breakout Strategy

  • #21
  • Feb 29, 2024 1:58pm Feb 29, 2024 1:58pm
Hello, EA is enclosed here, RSi,BB and Volume are embedded with TP, SL and trailing stop , but average volume is not available here. please check need your
feedback to update/modify for us, Thanks
Attached File(s)
File Type: mq4 forefactory-1.mq4   6 KB | 201 downloads
  • #22
  • Edited 11:53pm Feb 29, 2024 10:30pm | Edited 11:53pm
Quoting saali1977
Hello, EA is enclosed here, RSi,BB and Volume are embedded with TP, SL and trailing stop , but average volume is not available here. please check need your feedback to update/modify for us, Thanks {file}
It doesn't follow the rules above, some are missing, just wait a bit, I am sharing the ea soon.
J.A.R.V.I.S. press the BUY button.
  • #23
  • Mar 1, 2024 12:17pm Mar 1, 2024 12:17pm
Daily Report No.4
I will be uploading the EA on Sunday evening, stay tuned.
Attached Image (click to enlarge)
Click to Enlarge Name: N#4.PNG Size: 14 KB
J.A.R.V.I.S. press the BUY button.
  • #24
  • Mar 1, 2024 12:44pm Mar 1, 2024 12:44pm
What is the essence of the bics out indicator so I can test on TV?
  • #25
  • Mar 1, 2024 12:55pm Mar 1, 2024 12:55pm
Quoting MachineLearn
What is the essence of the bics out indicator so I can test on TV?
For filtering repainting alerts/notifications and other stuff like calculating extreme breakouts and not considering them as entry(drawing arrows on the chart). It's just like an EA but functions as an indicator(for drawing stuffs purposes).
J.A.R.V.I.S. press the BUY button.
  • #26
  • Mar 1, 2024 12:56pm Mar 1, 2024 12:56pm
Quoting BIC
{quote} For filtering repainting alerts/notifications and other stuff like calculating extreme breakouts and not considering them as entry(drawing arrows on the chart). It's just like an EA but functions as an indicator(for drawing stuffs purposes).
what do you consider an extreme breakout?

because I’m really not seeing the results you’re getting
  • #27
  • Mar 1, 2024 1:02pm Mar 1, 2024 1:02pm
Quoting MachineLearn
{quote} what do you consider an extreme breakout? because I’m really not seeing the results you’re getting
can't explain much.. its too complicated to explain. sorry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: with.png Size: 24 KB
Click to Enlarge Name: without.png Size: 27 KB
J.A.R.V.I.S. press the BUY button.
  • #28
  • Mar 1, 2024 1:10pm Mar 1, 2024 1:10pm
Quoting BIC
{quote} can't explain much.. its too complicated to explain. sorry {image} {image}
wow nice filter, that explains the result discrepancy. I’ll work on adding a filter on TV to simulate these same concepts. Thanks for sharing
  • #29
  • Mar 1, 2024 1:35pm Mar 1, 2024 1:35pm
Quoting BIC
Daily Report No.4 I will be uploading the EA on Sunday evening, stay tuned. {image}
One question, does your EA filter the news to stop a few minutes before?
And is there a specific time it's on or all day?
  • #30
  • Mar 1, 2024 2:01pm Mar 1, 2024 2:01pm
Quoting killervsr
{quote} One question, does your EA filter the news to stop a few minutes before? And is there a specific time it's on or all day?
Sneak Peak. Sadly it doesn't have news filter and I am not planning on putting one.. its too much of a work.
Attached Image (click to enlarge)
Click to Enlarge Name: Settings.PNG Size: 30 KB
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  • #31
  • Mar 1, 2024 2:37pm Mar 1, 2024 2:37pm
I trade Breakout techniques on CFD Indexes and Futures via MT5 and this appears to be a sensible 5 Min system. I encourage you to continue with it.

P.S. Most likely Volume and RSI are redundant. Money Management is what will make this a winning/losing technique.
  • #32
  • Mar 1, 2024 3:34pm Mar 1, 2024 3:34pm
Quoting driven18
I trade Breakout techniques on CFD Indexes and Futures via MT5 and this appears to be a sensible 5 Min system. I encourage you to continue with it. P.S. Most likely Volume and RSI are redundant. Money Management is what will make this a winning/losing technique.
This system has peaked my interest, tinkering around with different tools to help filter these entries since I don’t have logic for bics out
  • #33
  • Mar 1, 2024 7:48pm Mar 1, 2024 7:48pm
Quoting BIC
{quote} Sneak Peak. Sadly it doesn't have news filter and I am not planning on putting one.. its too much of a work. {image}
I see, the robot's settings look very interesting: )
Well done.
On Sunday, could you share the robot settings you used on the AUDUSD and EURJPY pairs?
Thank you for your attention: )
  • #34
  • Edited Mar 3, 2024 3:12am Mar 2, 2024 2:23pm | Edited Mar 3, 2024 3:12am
This is BicsOut EA! Thanks for waiting.

The default settings that I am using has been set as default on the EA.
Attached Image (click to enlarge)
Click to Enlarge Name: Settings.PNG Size: 37 KB

After running the ea on one chart, you can make your life easier by saving it as a default template, so that each time you open a new pair it will run the ea automatically without assigning magic numbers, lot sizes etc.. just open any pairs you like or how many pairs you like.
Attached Image (click to enlarge)
Click to Enlarge Name: Setup.png Size: 27 KB



EA: Please put the files on their designated folders.
Attached File(s)
File Type: rar BicsOut EA.rar   176 KB | 340 downloads
(It will run now on real account strategy tester.)

P.S. The EA will only run on DEMO ACCOUNTS as we are only trying to see if there is potential on this strategy. Thanks for having interest on this thread.

Have a nice weekend.
J.A.R.V.I.S. press the BUY button.
  • #35
  • Mar 2, 2024 8:43pm Mar 2, 2024 8:43pm
Bic,

Please don't block the EA running on Strategy Tester. You block running on Real account is ok. But you even block the EA running on Strategy Tester, it is nonsense. If can not run on Strategy Tester, how can we know the EA run on the past effective or not?
  • #36
  • Mar 3, 2024 3:13am Mar 3, 2024 3:13am
Quoting alfredhieu
Bic, Please don't block the EA running on Strategy Tester. You block running on Real account is ok. But you even block the EA running on Strategy Tester, it is nonsense. If can not run on Strategy Tester, how can we know the EA run on the past effective or not?
I reuploaded a new copy on #Post 34. Try it, thanks for letting me know I forgot to change that one.
J.A.R.V.I.S. press the BUY button.
  • #37
  • Mar 3, 2024 3:59am Mar 3, 2024 3:59am
Which pairs and TF good for this EA? I backtest EU M5 from 1/2 and just having 3 orders, and all loss.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #38
  • Mar 3, 2024 12:32pm Mar 3, 2024 12:32pm
Quoting alfredhieu
Which pairs and TF good for this EA? I backtest EU M5 from 1/2 and just having 3 orders, and all loss. {image}
same like me just loses trade

waiting the developer to say what tf and pairs for this EA
Fake it till you make it
  • #39
  • Mar 3, 2024 10:27pm Mar 3, 2024 10:27pm
Quoting alfredhieu
Which pairs and TF good for this EA? I backtest EU M5 from 1/2 and just having 3 orders, and all loss. {image}
Quoting Miloncef
{quote} same like me just loses trade waiting the developer to say what tf and pairs for this EA
I am running it on 5 Minutes timeframe, ALL MAJOR AND MINOR PAIRS, and don't expect too much, it is still in development.
J.A.R.V.I.S. press the BUY button.
  • #40
  • Mar 4, 2024 12:39am Mar 4, 2024 12:39am
Quoting BIC
{quote} {quote} I am running it on 5 Minutes timeframe, ALL MAJOR AND MINOR PAIRS, and don't expect too much, it is still in development.
ok thanks for your contribution. I'm waiting for the new development, the new version of this EA.
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