Can you please post the buy and sell entry orders for this week to check it with mine
Breakout Trading - Simple Weekly System 179 replies
FXKRED system about 200 pips Daily on GBPJPY 189 replies
System on gbpjpy 82 replies
mphpopular "system gbpjpy - breizhfx" 23 replies
DislikedThe blue line is Gann H/L it has nothing to do with this method, the red lines show the breakout channel and blue thin lines show 1X channel width for those who want to take profits at this level. According to the rules however the the profit level should be at 2X channel width and that is what I do.
The breakout channel indicator is in this thread, you can download it.Ignored
DislikedCan you please post the buy and sell entry orders for this week to check it with mineIgnored
DislikedUsing North Finance (as in harold4x's backtesting) the signals on my server are:
Buy 199.70 (you will need to add your broker's spread to this)
Is this what you have?Ignored
Dislikedcan we use the last 8 hours instead of using the last 2 candles, will it give us the same result?Ignored
DislikedMy question is why limit this to a week. If say on Tuesday the TP has been hit. Why not take the previous 2 - 3 4H bars and start over? To potentially execute 2-3 TPs in a week?Ignored
DislikedI have been backtesting this system on daily basis, it seems to work really good. I have been trading it on demo for the last 4 weeks and the result is !!! good I can say.
I use the last 2-3 candles on the 1 hr time frame to determine the proper range. I wait for the first hour to end, Then I set my orders. I use febo levels to determine my targets.
DislikedI've made EA for this system and test it on 4H with 1xTP.
System works but only in 2006,2007,and by now in 2008.
2000-2005 it waste all account whith high speed. I stopped research by now. We need something to bind system to volatility of current marketIgnored