Box Breakout indicator

hapalkos,

Tks for your help.

acetrader

I use the Time1 indicator, If I can help I will..


Glenn

Hi Glenn 5t,

Any info on its use would be most appreciated. I was trying to load the Box Indicator #5 into MT4 chart, but as you have read in my previous post it
will not load onto the chart even after loading into the custom indicator file.
I just happen to see the Time1 Indicator & decided to give a try & see if it
would work & it did. If you would explains its use, or point me to an info
source that would be great.

Thanks for yor response & willingness to help.

AceTrader

Hi guys,
I am late coming to this thread, but find this a very useful indicator indeed. I have also used Time1 for quite a while now. One question. Is there any way to adapt these indicators (esp Time1) to draw weekly boxes? The emphasis is on intraday trading, and I am really trying to slow down a bit http://www.forexfactory.com/images/icons/icon7.gif ........

AceTrader, i'm still baffled as to why some of the indicators in this thread are not working for you. Yesterday, for another project, i downloaded a fresh install of my mt4 station and all the indicators are working in this thread on both my PCs at my trade desk.

Just for the sake of trying, you can search through the mt4 indicator folder on my server and search for any of these indicators listed in this thread. Also, you might want to go inside the .ex4 folder and grab the already-compiled version and see if they work. Like i said, i've tested every indicator in this thread, uploaded them to my server for public access/use and they are all working fine.

Somethings got to work!

: ) Thom

Accrete,

That is most kind of you & I will give that a try. Everyone that I discuss this
with just cannot understand it either. I have gone to other sites & just tried
to load other indicators for the sake of seeing if they would work & so far all
have worked. Never seen anything like this before. Thinking of reinstalling
MT4 & see if that will do it. Again, thanks & I will update you on any progress I have. BTW: I am using 3 computers & am having the same problem on all 3.

AceTrader

hi,

a few questions.
accrete ... do you know a good pivot point indicator which does not draw for the sunday candle ?

also, would it be hard to create an EA based on this box breakout indicator ? (or is there one already?)

I'm trying to make one, but I'll admit i'm not the best of programmers, so maybe there is one already that I can modify ?

anthony

Hi Accrete,

I tried the 5Min Tunnel from your folder & it works great, but cannot get
any of the Box Indicators to open on the chart. They will load into the
custom indicator file, but will not open on the chart. It is a real mystery
to me about this. BTW your 5 Min Tunnel looks good. Do you have
the rules avail? Thanks for your time & any further help you can give.

AceTrader

Hi AceTrader,

I'm not sure if you've tried it but it might be worth a shot at re-installing Metatrader completely. I've had weird problems before that have only been solved by re-installation.

I copied the "Experts" and "Templates" folders to another location (or just renamed them) then copied them back after reinstallation so as not to lose all my indicators and templates.

I didn't bother uninstalling first just re-installed.

This is where the default installation places metatrader in windows...for eg. for interbank...other brokers would by default use their name ....some default to a "metatrader directory"...I actually have 3 different metatrader terminals/programs running happily on my pc...

C:\Program Files\Interbank FX Trader 4

Hope this helps...

DrJ

Hi drj6564,

Tks for that suggestion. That is what I'm going to do as everything else
seems to fail. It seems that only the Box Indicators are giving me trouble.
Other indicators load just fine. I'll let you know how that works. Tks again.

AceTrader

This indicator is great!10x for sharing it here......

acetrader

Sorry for the delay in getting back to you,

The Time1 indicator works from a box created by hours rather then H/L.

It forms a box from the H/L in the given time frame, you can either enter all the three session's and give them colours to apear on one chart or as I do use one session per chart...

This is done by entering 00.00 - 00.00 and changing the colour to match your chart background.

I trade the london breakout with this method and I find it works some 85%-95%..in fact I have not made a lossing trade since before Christmas...

When you have it set it will paint itself every day....

I have included a GBP/USD chart with Time 1 and also my setup useing hapalkos Box indicator .

Hope this helps..

Glennn

Hi glenn5t,

Tks for your response. I have loaded Time 1 modified to my MT4 charts & it
works fine & looks great. Is this the version you are using?

Would you explain to me how you are using this indicator? From your last
post I think I have it, but just want to make sure. I appreciate your help with this.

Can this be used on 15min time frame, or is long time frames better?

Thanks again for your help & time. BTW: I am in the eastern standard time
zone.

AceTrader

acetrader.

I use the Time1 indicator, on the 1hr charts it works mainly with GBP/USSD but I allso use it with caution on GBP/JPY ( same setting 00.00-07.59 gmt).

When the box is completed I transfer the H/L lines to a 15min chart.

Do not trade inside the box , wait till for the new candle at 8.00, when this has passed either box line. Wait for the next 15min candle to open and if it moves away from the box you have a trade.

I look for 15-20 pips to start with, because often the pair will move out and then re-enter the box , If the move contiunes then I wait for 30 pips profit and then I move my SL to breakout ( including pip spread) and then run a trailing stop.

If the pair breakout and then re-enter I do not enter a trade in that direction again that day...

Glenn.

DrJ, thanks for jumping in and helping Ace with your excellent post on a possible fix. I'm at a loss Ace as i've downloaded them and tried them myself and all work fine. Interesting. Hope the fix shows up from the reinstall??

Sorry for the delay, i'm active on a handful of forums though the Factory is still my FXforumHome.

: ) Thom

Hi glenn,

Tks thats a big help & will get started with it. Are you using the Time 1 modified? I'll keep you updated as I go.

AceTrader

Hi Accrete,

Tks for your help. Would you be willing to code an indicator that I have an
idea for? From my research it should be a simple code. If you are
interested I will PM you the details if thats ok. Anyone else following this
thread if you have an interest let me know as I'm willing to share my idea.

Tks to everyone for a response.

AceTrader

Hi Ace, sure PM me, or better send your idea via email in my contact info. I'll give it a look.

Cheers,
Thom

acetrader

Yes I am useing the Time 1 mod.

lets know how the new indicator goes, If antone can put it together its Thom...

Glenn

Hi Accrete,

I'll put it together & send over the weekend if not sooner. The rules will
be sent along with a website that really explains the idea in more detail.

Thanks again for your help.

AceTrader