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FlexBox indicator

  • #41
  • Feb 12, 2007 7:41am Feb 12, 2007 7:41am
Lou,
sorry to be a pain, but would you mind re-posting the indicator, as I am having trouble saving it from your first post. It's not appearing as an MT4.exe file, but instead as an exe.doc, which does nothing.
Cheers.
  • #42
  • Feb 12, 2007 7:44am Feb 12, 2007 7:44am
Quoting 5324736
Lou,
sorry to be a pain, but would you mind re-posting the indicator, as I am having trouble saving it from your first post. It's not appearing as an MT4.exe file, but instead as an exe.doc, which does nothing.
Cheers.
Just double click on it, I just downloaded it again with no problems. You had probably specified a file type.
  • #43
  • Feb 12, 2007 9:25am Feb 12, 2007 9:25am
Thom (and others) - thanks for your posts and your creative use of the indicator. It's obvious that FlexBox desperately needs to be combined with another indicator to delineate trade direction (although it seems to do a pretty good job of finding the "flat spots", which is what I set out to do).

Thanks to all,
Lou G
Old Benjamin was right
  • #44
  • Feb 12, 2007 9:44am Feb 12, 2007 9:44am
Ahh.. Understood!!

I will definitely pass on what I find. I'm hoping to be able to find a good 'set & forget' method due to the time of night.. will have to see.

On that note, was entered long last night on the straddle... stopped out (-25 s/l) and then re-entered short which took profit early this morning. Made 30 pips... not bad for unattended trading I guess.

Take care,

D.


Quoting accrete
Hi Derek, I think all my time zone talk might have been missinterpreted?

Here is what i do preparing for the Tuesday through Thrusday L.O.

I get to the charts at about 9pm Pacific (this is the "Midnite" i mentioned...i'm actually just beginning my trade session not ending it as you might have interpreted?)

I check the daily H/L from a New York 5pm daily close. This is the dark grey box that extends until 11pm Pacific time (or 2am Eastern).

At 11pm Pacific i am at the charts actively, watching for plays of historic S/R

By 2am Pacific (5am Eastern) i am usually out of all my trades.

Hope that clarifies.

Please keep us informed as to your findings of possible S/L and T/P as you look over the last year's data...it would be nice to have at least another set of eyes on the charts.

=======Lou G ... hope this discussion on S/L and T/P levels is in keeping with your hope of developing this idea of the FlexiBox trade? It will be interesting to see how my test goes this week utilizing this with simple TA rather than loading up my chart with my typical MMAs. Why not give it a go i say!

: ) Thom
  • #45
  • Feb 12, 2007 11:08am Feb 12, 2007 11:08am
Quoting Daemien
Ahh.. Understood!!

I will definitely pass on what I find. I'm hoping to be able to find a good 'set & forget' method due to the time of night.. will have to see.

On that note, was entered long last night on the straddle... stopped out (-25 s/l) and then re-entered short which took profit early this morning. Made 30 pips... not bad for unattended trading I guess.

Take care,

D.
NOT BAD!! NO, 30 pips a day would be very important in a very short amount of time. I am going to follow your method too Daemien, and add the GBPJPY just for fun. Same rules as you have stated.
Don Life is expensive, but includes a free trip around the sun.
  • #46
  • Feb 12, 2007 11:24am Feb 12, 2007 11:24am
5324736, the link is OK. To save the indicator, try the following:

  1. Right-click on the link in the post, and select Save Target As... (assuming you are in Internet Explorer; other browsers will have something similar).
  2. A Save As dialog box will open, showing the file name with the correct extension (which should be .ex4, not .exe).
  3. Navigate to the Indicators directory of your MT4 installation (for example, "MetaTrader 4\Experts\Indicators"), and click Save.
  4. Relaunch your MetaTrader 4, where you will find the indicator under Custom Indicators.

Quoting 5324736
Lou,
sorry to be a pain, but would you mind re-posting the indicator, as I am having trouble saving it from your first post. It's not appearing as an MT4.exe file, but instead as an exe.doc, which does nothing.
Cheers.
  • #47
  • Feb 12, 2007 12:11pm Feb 12, 2007 12:11pm
Hey Zuijlen,
thanks for the tip. Now works fine. I'll keep quiet now and watch the experts get to work on this.
  • #48
  • Feb 12, 2007 12:45pm Feb 12, 2007 12:45pm
Quoting accrete
......This is a screen shot of the session boxes drawn from 5pm EasternTime to 2am ET, second box is from 2am to 3am (1 hour before London Open to L.O.), then the third box is the first two hours of the London session...). I've already tested the two box-drawing indicators on the same chart and they are compatible, so i can have my heads up sessions boxes and when a flexBox shows up it might be a high probability setup.

http://fx-ttdd.accrete.com/chart-pag...onsExample.gif

I guess i might as well put up the chart with both box indicators... it works : )

http://fx-ttdd.accrete.com/chart-pag...ns-FlexBox.gif

Cheers,
Thom
Hi Thom,

I use a similar box (5pm EST to 1am EST) but I draw it manually. I was wondering if you have an indicator that draws the box automatically.
Thanks in advance for any assistance.

Charlie
  • #49
  • Feb 12, 2007 1:53pm Feb 12, 2007 1:53pm
Reading the thread regarding filters, I posted my indicator earlier which is based on the opening of London ( last nights chart below).

It is based on the h/l of the 8 hours prior to opening 00.00 gmt to 7.59 gmt I have found that by trading after the box has formed and only starting on the 9th candle it is possible to eliminate a lot of the false signals caused by the opening of Frankfurt.

I am trying to setup a box method for the Asian section, anyone with ideas it would be great to hear from you.

Glenn
Attached Image
  • #50
  • Feb 12, 2007 2:12pm Feb 12, 2007 2:12pm
Quoting glenn5t
Reading the thread regarding filters, I posted my indicator earlier which is based on the opening of London ( last nights chart below).

It is based on the h/l of the 8 hours prior to opening 00.00 gmt to 7.59 gmt I have found that by trading after the box has formed and only starting on the 9th candle it is possible to eliminate a lot of the false signals caused by the opening of Frankfurt.

I am trying to setup a box method for the Asian section, anyone with ideas it would be great to hear from you.

Glenn
I'll search for it, thanx Glenn
  • #51
  • Feb 12, 2007 2:26pm Feb 12, 2007 2:26pm
Here it is again.


Hope this is not distracting from the thread.


Glenn
Attached File(s)
File Type: mq4 TIME1_modified.mq4   4 KB | 1,747 downloads
  • #52
  • Edited 10:21pm Feb 12, 2007 10:04pm | Edited 10:21pm
Well I wish you luck traderone! Will help me out as well as I'm going to do the same tonight hehe..

Take care,

Derek

Edit: I just went through GBPJPY quite by accident - it has the same 2:00am major move as GBPUSD, except a lot more pips!!

30 pip straddle/30 pip S/L (may need to play with this over the next week or two - might need a bit higher)
T/P @ 75pips from entry (total 105 pips from straddle).

I am actually going to be entering with 2 lots - t/p @ 50 then t/p @ 75

Just went over the last few weeks - there were VERY FEW days where this would not have been profitable!!!


Quoting traderone
NOT BAD!! NO, 30 pips a day would be very important in a very short amount of time. I am going to follow your method too Daemien, and add the GBPJPY just for fun. Same rules as you have stated.
  • #53
  • Feb 12, 2007 10:08pm Feb 12, 2007 10:08pm
Very nice Glenn, thanks!!

Lou I hope you don't mind this other box trade talk. If you'd rather we take it elsewhere let us know - we can start a general 'Box Breakout' thread

Very interesting stuff!!!

(I just wish I was up at that time )

Take care all,

D.

Quoting glenn5t
Here it is again.


Hope this is not distracting from the thread.


Glenn
  • #54
  • Feb 13, 2007 12:44am Feb 13, 2007 12:44am
Glenn, thanks for the original you posted a few weeks ago. One i downloaded it i changed the sessions to reflect what i trade which happens to coincide with what is going on in this thread. The original is a very helpful indicator.

The two below are just showing the Asian, PreLondon, and London:

for brokers with GMT feed

brokers with GMT+ 2 feed

These boxes will show up exactly as my images in my post.

: ) Thom
  • #55
  • Feb 13, 2007 1:33am Feb 13, 2007 1:33am
accrete

Thanks for the indicators....iam trying the box on the GbpYen......with a close time of 7.00 gmt.

It looks with a bit of tinkering like we maybe able to use it for breakouts as we do with GbpUsd.

What I would like to do is to use Lou system for breakouts during normal hours...but so far Iam have trouble getting a filter to filter out all the false moves..

Dont want to complicate it, so only looking for one or two indicators and as I already run a ADX for strength of the move, would really like to add only one more...

Open to idea's

Glenn
  • #56
  • Feb 13, 2007 3:04am Feb 13, 2007 3:04am
This is the Frankfurt opening with the GBP/JPY......
Attached Image
  • #57
  • Feb 13, 2007 6:50am Feb 13, 2007 6:50am
Glenn5t

Love your signature, so true....
  • #58
  • Feb 13, 2007 7:31am Feb 13, 2007 7:31am
OK, so when i'm bored i doodle. This morning before the US open, i was looking at my charts, and having traded the L.O. and already having utilized the only three "Boxes" available in the original Time indicator, i figured i wanted to see the US open up to the London Close in a nice box also.

here is the 4 session indicator for your doodling pleasure

And here is what it looks like:

http://www.accrete.com/fx-mirror/mt4...onsExample.gif

Good trading.
Thom
  • #59
  • Feb 13, 2007 9:26am Feb 13, 2007 9:26am
Quoting Daemien
Very nice Glenn, thanks!!

Lou I hope you don't mind this other box trade talk. If you'd rather we take it elsewhere let us know
"None of us is as smart as all of us" is part of my philosophy. It's not like FlexBox is a finished, profitable trading system - it's really just an idea that came to me and I said, "I can write an indicator to do that!".

I'm just glad that the indicator works and is stimulating some idea exchange - perhaps one of us will stumble onto something really good. Keep it up and I'll chime in if I have something to add. Consider this to be the Box Breakout thread.

Lou G
Old Benjamin was right
  • #60
  • Feb 13, 2007 11:43am Feb 13, 2007 11:43am
et_phonehome_2

saddly it is true, and whats more I have been caught twice. When my last wife contacted me after the divorce by e-mail she signed it from ' Rich Bitch'.

Ok, Back to the Serious stuff, today as I dont have a life , I will try to filter out some of the moves so I can use lou's indicator.

Glenn
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