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Breakout + Spread!! Sure!!!

  • #221
  • Edited Jul 20, 2007 6:52am Jul 19, 2007 4:44pm | Edited Jul 20, 2007 6:52am
Ok I have a question for anyone who's good at this indicator stuff.
I'm trying to set this indicator to capture the Asian open.
I'm changing the times to periodBegin: 23:00 periodEnd: 2:00 and Boxend: 12:00 for example. But the boxes get really messed up.
Somehow the red box starts at 2 and then ends the next day at 23:00 and it all gets reversed.

Would anyone know what needs to be changed in the code to have this work with the Asian session since under GMT is starts in one day and ends in the next?

I'm just curious if this method would work similarly during the Asian as it does for the London. (or if anyone has already looked into this and has some thoughts that would be great too)

Thanks!

Tom

EDIT: Never mind.... The hours I was inputting are wrong anyway. Realised this when I woke up today.
  • #222
  • Jul 19, 2007 4:45pm Jul 19, 2007 4:45pm
Quoting nmpeters
Thanks Tom! Oh my gosh! I need more sleep. I was in that before but it never dawned on me that I had to double click in order to change the numbers. Duh. Sometimes the simplest things can be the hardest.

Thanks again!
Nancy
No problem Nancy. Happens to all of us sometimes.
  • #223
  • Jul 19, 2007 5:28pm Jul 19, 2007 5:28pm
thanks all for aid that dates to this thread, I would want to write many things but are forced from my Italian language and little of that English .
best regards
eagle
  • #224
  • Jul 19, 2007 5:43pm Jul 19, 2007 5:43pm
Quoting carmel
There seem to be a lot of similarities to this method, which I use successfully. The SL is tighter but otherwise quite similar.
http://www.forex-tsd.com/manual-trad...asian-low.html

Am I mistaken? Is this better or not as good, in your opinion? Thanks.
  • #225
  • Jul 19, 2007 6:29pm Jul 19, 2007 6:29pm
Attached Image (click to enlarge)
Click to Enlarge Name: breakout con buy sell.jpg Size: 48 KB
  • #226
  • Jul 20, 2007 2:14am Jul 20, 2007 2:14am
Quoting eagle
First of all: Bravo Eagle, grazzie tanti!

What i understand that still 0:45 min to end box?
Tp 10 Pips

What i the Stoploss Please?

Thx A good job all
  • #227
  • Jul 20, 2007 2:43am Jul 20, 2007 2:43am
Thank you Eagle, very interesting.
But your last two graph are not very clear.
Why don't you write in italian and let translate in english someone of us that knows well the two languages??
Have a good trip
  • #228
  • Jul 20, 2007 3:02am Jul 20, 2007 3:02am
now the box end right

What i understand that still 0:45 min to end box?
Tp 10 Pips

What i the Stoploss Please?

Thx A good job all
  • #229
  • Jul 20, 2007 3:18am Jul 20, 2007 3:18am
Quoting moneybags
Ok I have a question for anyone who's good at this indicator stuff.
I'm trying to set this indicator to capture the Asian open.
I'm changing the times to periodBegin: 23:00 periodEnd: 2:00 and Boxend: 12:00 for example. But the boxes get really messed up.
Somehow the red box starts at 2 and then ends the next day at 23:00 and it all gets reversed.

Would anyone know what needs to be changed in the code to have this work with the Asian session since under GMT is starts in one day and ends in the next?

I'm just curious if this method would work similarly during the Asian as it does for the London. (or if anyone has already looked into this and has some thoughts that would be great too)

Thanks!

Tom
Hi Tom,

I input the Asian times and it seems to work well. My time inputs were: Period begin: 1900 EDT, Period end: 2200 EDT and Box End: 0800 EDT. Now it worked for me because my MT4 server is GMT +3 so the actual timings for me on the charts are: 0200, 0500 and 1500 hours respectively.

Hope this helps

Nancy
  • #230
  • Jul 20, 2007 3:53am Jul 20, 2007 3:53am
can someone share the correct setting of this breakout indicator for northfinance and ibfx? im very confused now..
  • #231
  • Jul 20, 2007 4:04am Jul 20, 2007 4:04am
I am very confused with this system, Eagle, do you want to write a PDF with instructions?

Thanks,
Guess
  • #232
  • Jul 20, 2007 4:26am Jul 20, 2007 4:26am
hello eagle!

todady was the first time i tested your indicator and get 10 pips on gbp/usd and 10 pips on eur/jpy - thank you for sharing

but now i have another question

how do i set up the indicator of tendency??

thanks for any answer
sweety78901
  • #233
  • Jul 20, 2007 6:36am Jul 20, 2007 6:36am
breakout dalle 06:00 alle 09:00. a chiusura breakout immettere gli ordini in acquisto dall'alto della scatola e in vendita dal basso della scatola. target profit 10 pips + spread, stop loss? io non ne uso perche' immetto minilotti da 0.02/0.03 quindi la perdita non e' alta ma considerando il sistema vado sempre in profitto. per lo stop loss sto' preparando un indicatore di tendenza cosi' possiamo immettere solo un ordine per valuta o alto o basso.
scusate ma devo scrivere in italiano .
tanti guadagni per tutti
eagle
Attached File(s)
File Type: ex4 BreakOut_0600_0900_EAGLE__indicator.ex4   7 KB | 644 downloads
  • #234
  • Jul 20, 2007 6:37am Jul 20, 2007 6:37am
Quoting deforexit
Thank you Eagle, very interesting.
But your last two graph are not very clear.
Why don't you write in italian and let translate in english someone of us that knows well the two languages??
Have a good trip
  • #235
  • Jul 20, 2007 6:39am Jul 20, 2007 6:39am
Quoting sweety78901
hello eagle!

todady was the first time i tested your indicator and get 10 pips on gbp/usd and 10 pips on eur/jpy - thank you for sharing

but now i have another question

how do i set up the indicator of tendency??

thanks for any answer
sweety78901
  • #236
  • Jul 20, 2007 6:40am Jul 20, 2007 6:40am
[quote=smjones;1500560]
Quoting bluejet

Here is an example of today's trades on GBPJPY the red arrows are shorts.

BTW the EA did this automatically 5 good trades today on gbpjpy
Scott

I loaded the EA that you posted some time ago but it is not entering any trades or any signals.

Am I doing something wrong? What is the magic number in the first line?
Some other EA I used before need your account number to be filled in to be able to trigger trades.

Or is there an updated version of the EA that trigger trades automatically?

Do you mind reposting the EA that you use now?

Your advice will be greatly appreciated.

Regards

Silver
  • #237
  • Jul 20, 2007 6:50am Jul 20, 2007 6:50am
Quoting eagle
breakout dalle 06:00 alle 09:00. a chiusura breakout immettere gli ordini in acquisto dall'alto della scatola e in vendita dal basso della scatola. target profit 10 pips + spread, stop loss? io non ne uso perche' immetto minilotti da 0.02/0.03 quindi la perdita non e' alta ma considerando il sistema vado sempre in profitto. per lo stop loss sto' preparando un indicatore di tendenza cosi' possiamo immettere solo un ordine per valuta o alto o basso.
scusate ma devo scrivere in italiano .
tanti guadagni per tutti
eagle
Here's a translation done with Google tool:

breakout from 06:00 to 09:00. to closing breakout to from above immettere the orders in purchase of the box it and in sale from the bottom of the box it. target profit 10 pips + spread, stop loss? I of it do not use perche' immetto minilotteries from the 0.02/0.03 therefore high loss not e' but considering the system I always go in profit. for the stop loss sto' preparing a tendency pointer thus we can only immettere an order for currency or high or bottom. excused but I must write in Italian. much gain for all eagle

can anyone help out here?
  • #238
  • Jul 20, 2007 6:56am Jul 20, 2007 6:56am
Quoting nmpeters
Hi Tom,

I input the Asian times and it seems to work well. My time inputs were: Period begin: 1900 EDT, Period end: 2200 EDT and Box End: 0800 EDT. Now it worked for me because my MT4 server is GMT +3 so the actual timings for me on the charts are: 0200, 0500 and 1500 hours respectively.

Hope this helps

Nancy
Hi Nancy,

I'm an idiot. I realised later that the hours I was putting were wrong anyway. I got them mixed up. It should work fine when I input the correct timeframe.
Please ignore that post.
Thanks

Tom
  • #239
  • Jul 20, 2007 7:21am Jul 20, 2007 7:21am
Quoting dav12028
Here's a translation done with Google tool:

breakout from 06:00 to 09:00. to closing breakout to from above immettere the orders in purchase of the box it and in sale from the bottom of the box it. target profit 10 pips + spread, stop loss? I of it do not use perche' immetto minilotteries from the 0.02/0.03 therefore high loss not e' but considering the system I always go in profit. for the stop loss sto' preparing a tendency pointer thus we can only immettere an order for currency or high or bottom. excused but I must write in Italian. much gain for all eagle

can anyone help out here?
I've seen some Italian speakers in this thread. I'm sure someone will see this and help.

I used Babelfish and got the same translation as you did. It's still not clear.

From looking at Eagle's charts, I think we are missing something. I don't think he is doing a simple breakout of the box. I believe he is buying and selling within the box.
  • #240
  • Jul 20, 2007 7:41am Jul 20, 2007 7:41am
Quoting moneybags
Hi Nancy,

I'm an idiot. I realised later that the hours I was putting were wrong anyway. I got them mixed up. It should work fine when I input the correct timeframe.
Please ignore that post.
Thanks

Tom
No problem Tom. Happens to all of us sometimes.
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