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Mika's Breakout strategy

  • #641
  • Mar 13, 2015 7:51am Mar 13, 2015 7:51am
Quoting whaleback
Where can I get the mq4 of the breakout channel, so a sound alert can be added to it?
Anybody at all??
  • #642
  • Mar 23, 2015 5:13am Mar 23, 2015 5:13am
Quoting whaleback
{quote} Anybody at all??
sorry friend, no mq4
Reaction is better than Prediction
  • #643
  • Mar 25, 2015 8:18am Mar 25, 2015 8:18am
This system backtests extremely well on the daily time frame .
  • #644
  • May 12, 2015 6:08am May 12, 2015 6:08am
hello, thanks for sharing this strategy.
may i ask is it possible to add popup and sound alert to the Breakout Arrow indicator so we could easily monitor the charts?
Thanks in advance!
  • #645
  • May 24, 2015 11:01am May 24, 2015 11:01am
I think replacing the japanese candles with CCI CustomCandles will work great with this system.
Attached File(s)
File Type: mq4 CCI CustomCandles.mq4   3 KB | 516 downloads
  • #646
  • Edited 11:39am Jun 2, 2015 9:52am | Edited 11:39am
Dear Mika, Thank you for the knowledge. My results since using your method yesterday. I use the Daily TF. Confirmation to enter with arrow Arrow, and use entry confirmation from M15, H1, H4 to confirm trend as well other indicators listed with your method.

Attached Image


After London...
Attached Image
We err, and err, and err again, but less.
  • #647
  • Jul 22, 2015 10:12pm Jul 22, 2015 10:12pm
I need to toggle between time frames to refresh the BO Channel.

Before refresh
Attached Image (click to enlarge)
Click to Enlarge Name: channel before.png Size: 8 KB

After refresh
Attached Image


Is there a way to make Mika's BO channel update automatically? If there is mql4 file, I can have it fixed.
  • #648
  • Nov 3, 2015 2:33pm Nov 3, 2015 2:33pm
@ Mikajap: Is there a way to get the mq4 file of "Mika´s BO channel"? I want to program an expert advisor, and this perfect indicator should give me good signals! All the best for you!
  • #649
  • Jan 12, 2016 6:20pm Jan 12, 2016 6:20pm
Example by trend setup with Mika's Breakout system, I will only use it by a trend following approach.
1. EMA 100 under EMA 200 (Trend confirmed)
2. Bearish Signal formed on closed candle
3. We wait for a pullback at the S/R level
4. Once we see bouncing from the S/R level we take the short
Attached Image (click to enlarge)
Click to Enlarge Name: QqDGMcl.png Size: 100 KB
  • #650
  • Jan 13, 2016 8:03am Jan 13, 2016 8:03am
Thanks for sharing.

Can you please confirm what software this works on.

regards BL.
  • #651
  • Edited 7:50am May 19, 2017 7:02am | Edited 7:50am
trying to sell

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 51 KB


trying to buy

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB


Quoting periphery
trying to sell {image}
ALL HIT TP
  • #652
  • May 19, 2017 7:49am May 19, 2017 7:49am
Trying to sell
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 56 KB
  • #653
  • May 19, 2017 8:21am May 19, 2017 8:21am
Quoting periphery
Trying to sell{image}

hit TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 7 KB
  • #654
  • May 19, 2017 10:47am May 19, 2017 10:47am
trying to buy gbpaud

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 64 KB
  • #655
  • May 21, 2017 12:32pm May 21, 2017 12:32pm
Quoting periphery
trying to buy gbpaud {image}
hit SL
  • #656
  • Last Post: Jul 19, 2024 12:37pm Jul 19, 2024 12:37pm
Testing the system I discovered, that Mikas BO Channel does not refresh. That is a major flaw. So I have searched and found a thread which contains several solutions.
I will chose one of them in the coming days.

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