Breakout + Spread!! Sure!!! | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Should Trade with Broker offering low spread or wide spread? 12 replies

Variable spread vs FIXED spread & broker comment/feedback 6 replies

ECN, fixed spread or variable spread account? why? 1 reply

Oanda spread versus MB Trading spread 27 replies

1pips spread is showing as 18 spread, anyway to overcome? 1 reply

Attachments: Breakout + Spread!! Sure!!!
Exit Attachments

Breakout + Spread!! Sure!!!

  • #61
  • Jul 16, 2007 7:03am Jul 16, 2007 7:03am
15 pip stop may work for GBP/USD but on the GBP/JPY 15 pips is way to low in my opinion. Need to backtest and see.
Cadillac Pippin
  • #62
  • Jul 16, 2007 7:45am Jul 16, 2007 7:45am
Hi,

Can anyone help me to answer this question? Bcoz i would to test the system soon...

In the Indicator, the periodBegin= London market open time or 3 hours before London market open?


Thanks
Patience, let the market come to you!
  • #63
  • Jul 16, 2007 8:02am Jul 16, 2007 8:02am
YES,3 hours before ...
  • #64
  • Jul 16, 2007 8:03am Jul 16, 2007 8:03am
...
  • #65
  • Jul 16, 2007 8:05am Jul 16, 2007 8:05am
Quoting eagle
SURE FRIEND, I SEND YOU INDICATOR AND TIMETABLES.
GBP/JPY...

Hello,

I am a newbie in forex trading as well a new member in this forurm here. joined recently. could you pls tell me, how to identify whether to go short (ssell) or long(buy) using your methods. can u show us with picture using arrows or identify the direction of the market to make pips (profits) at the specified times u have menetioned.


16th july 2007
  • #66
  • Jul 16, 2007 8:06am Jul 16, 2007 8:06am
Quoting eagle
...
My GMT is +8...thanks
Patience, let the market come to you!
  • #67
  • Jul 16, 2007 8:40am Jul 16, 2007 8:40am
Hello Eagle!

I would like to see what indicator you use but i canīt open your file - mq4 canīt open at my computer - can you please tell me the software which you use that the file will go open or can you send me the indicator with another file?

thanks for your answer

sweety78901
  • #68
  • Edited 9:57am Jul 16, 2007 9:45am | Edited 9:57am
FOR SWEETY: TO USE METATRADER


TODAY:

USD/CHF -15 +13
GBP/USD +13
EUR/USD -15 +13
GBP/JPY +17
EUR/GBP +12
TOTAL= +38 PIPS

TO CONSIDER THAT TODAY TO HAVE BEEN DAY WORSE ...
  • #69
  • Jul 16, 2007 9:49am Jul 16, 2007 9:49am
For Sweety...
Attached File(s)
File Type: ex4 BreakOut-EAGLE_indicator.ex4   7 KB | 1,823 downloads
  • #70
  • Jul 16, 2007 9:53am Jul 16, 2007 9:53am
Periodbegin 12:00
Periodend 15:00

Best Regards
  • #71
  • Jul 16, 2007 10:42am Jul 16, 2007 10:42am
Thanks for your quick answer - i have now installed metatrader - how can i now open your file?
thanks for your answer
  • #72
  • Jul 16, 2007 11:01am Jul 16, 2007 11:01am
Quoting sweety78901
Thanks for your quick answer - i have now installed metatrader - how can i now open your file?
thanks for your answer
SYSTEM C,PROGRAM,METATRADER,EXPERT,INDICATORS.---TO SAVE.
TO CLOSE AND TO REOPEN METATRADER .
  • #73
  • Jul 16, 2007 1:21pm Jul 16, 2007 1:21pm
Quoting eagle
Periodbegin 12:00
Periodend 15:00

Best Regards
Thanks and you are really helpful...

Thanks again
Patience, let the market come to you!
  • #74
  • Jul 16, 2007 2:16pm Jul 16, 2007 2:16pm
Hello FX friends,

I have back tested this system and I've noticed that with the box from 5am-8am GMT and SL 15 of pips this is hit several times, instead if we move the box to 6am-9am GMT we can hit the target before the SL.

I have simulate this on the past week.

Altought, it seems to be a great indicator for the GPB/USD on the london market opening.

Thanks for sharing.
  • #75
  • Edited 4:04pm Jul 16, 2007 2:28pm | Edited 4:04pm
This looks alot like the AHAL method on tsd.
The AHAL method suffered MASSIVE drawdown in May but before this some people had got quite excited and jumped into live trading too quickly with probably bad MM and were burned. Just a heads up.
Attached File(s)
File Type: mq4 $TrillionDollarDaysHML.mq4   23 KB | 1,854 downloads
  • #76
  • Jul 16, 2007 4:13pm Jul 16, 2007 4:13pm
  •  dado26
  • | Joined Mar 2007 | Status: Plan your trade and trade your plan | 180 Posts
Hey Eagle!
Thanks for a good system. So let me repet basics....hope i got them:
- GMT+1 time from 5.00 to 8.00 (Italy,Slovenia,Croatia...)
- highs and lows of that 3 bars
- when broken enter with TP 10+spread with SL 15

I do really not know why it works but it does.....

Question: does bar has to be closed outside of zone or just brake of the 3bar high?
  • #77
  • Jul 16, 2007 6:26pm Jul 16, 2007 6:26pm
Quoting drtduarte
Hello FX friends,

I have back tested this system and I've noticed that with the box from 5am-8am GMT and SL 15 of pips this is hit several times, instead if we move the box to 6am-9am GMT we can hit the target before the SL.

I have simulate this on the past week.

Altought, it seems to be a great indicator for the GPB/USD on the london market opening.

Thanks for sharing.
Attached Image (click to enlarge)
Click to Enlarge Name: 5-9.jpg Size: 40 KB
  • #78
  • Jul 16, 2007 6:32pm Jul 16, 2007 6:32pm
THEY ARE CONTENT THAT IN THIS TRIBUNE IS WORKED IN ORDER TO IMPROVE!
IT COMPLIMENTS
DOLLARS MANY FOR ALL
  • #79
  • Jul 16, 2007 7:22pm Jul 16, 2007 7:22pm
Great system, Eagle...
Could someone PLEASE confirm whether entry is at the BREAK of the h/l or at the CLOSE of a candle above or below?
Thanks again
  • #80
  • Jul 16, 2007 9:45pm Jul 16, 2007 9:45pm
Quoting audionut
Great system, Eagle...
Could someone PLEASE confirm whether entry is at the BREAK of the h/l or at the CLOSE of a candle above or below?
Thanks again
As for my understanding entry point is just after the break of the box not after the candle is closed above or below it.
Buy stops and sell stops may help here.
4 traders viewing now