Nomoretoxic's breakout | Page 37 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another simple breakout system 32 replies

(False) Breakout & Trend Reversal Strategies?? 12 replies

My Asian Breakout trading Journal 54 replies

Nomoretoxic's Money Management 34 replies

Playing the Breakout Trade 4 replies

Attachments: Nomoretoxic's breakout
Exit Attachments

Nomoretoxic's breakout

  • #721
  • Oct 17, 2008 4:52am Oct 17, 2008 4:52am
Quoting Cmartin371
Asian Session.....-55 on G/Y and missed my TP on E/U by a pip.....trade is still going but not looking good. I am leaving G/U alone with the huge spike out of the box and the explosion right back up into it.

The E/U asian trade was stopped out. But picked up 20 on the European session. I missed the breakout to the north on G/Y, but took the breakout on the bottom of the box. That one is not looking to good so far. I should have taken the 16 pips while it was there. Oh well...we shall see.
  • #722
  • Edited 5:44am Oct 17, 2008 5:26am | Edited 5:44am
Quoting tsquad
swakop,

I appreciate your sharing - I am trying to make sure I have this down..

Looking at your chart, was there a reason you did not take the pullback that occurred at approx 7:45 chart time? Looks like there was pullback candle that closed back in the box and the the next one continued up.

Your comments are greatly appreciated..

T...
Hi tsquad,
this candle has a higher high, also isn't it a pullback candle.
Attached Image (click to enlarge)
Click to Enlarge Name: chart usdcad 17.10..gif Size: 9 KB
  • #723
  • Oct 17, 2008 5:37am Oct 17, 2008 5:37am
is Cheelu's indicators to be saved as indicator or EA?

thank you.
  • #724
  • Oct 17, 2008 5:37am Oct 17, 2008 5:37am
Quoting Cmartin371
The E/U asian trade was stopped out. But picked up 20 on the European session. I missed the breakout to the north on G/Y, but took the breakout on the bottom of the box. That one is not looking to good so far. I should have taken the 16 pips while it was there. Oh well...we shall see.
Hallo Cmartin371,

I didn't see an entry short for g/u in London session. Do you trade the breakout?
Thanks Steffen
Attached Image (click to enlarge)
Click to Enlarge Name: chart gbpusd 17.10..gif Size: 13 KB
  • #725
  • Oct 17, 2008 5:39am Oct 17, 2008 5:39am
Quoting watchout4me
is Cheelu's indicators to be saved as indicator or EA?

thank you.
as indicator
  • #726
  • Oct 17, 2008 5:47am Oct 17, 2008 5:47am
Quoting swakop
as indicator
Thanks Swakop,

But whenever I attach it (as indicator), my metatrader shutdown.
  • #727
  • Oct 17, 2008 6:00am Oct 17, 2008 6:00am
Quoting swakop
Hallo Cmartin371,

I didn't see an entry short for g/u in London session. Do you trade the breakout?
Thanks Steffen

i didnt trade G/U during asian or european session today
  • #728
  • Oct 17, 2008 6:03am Oct 17, 2008 6:03am
Cheelu or anyone,

I've been using Metatrader for a long time and I cannot understand how everyone is able to download the Breakout indicator. A ex4 file contains nothing when opened in Metatrader edit folder.

Can someone tell me where you are loading this file and comple it?

Thank you.
  • #729
  • Oct 17, 2008 6:33am Oct 17, 2008 6:33am
9:55 am - Another clown in a suit talking...
  • #730
  • Oct 17, 2008 6:33am Oct 17, 2008 6:33am
find out where metatrader is installed.look for experts\indicators directory there.
and u should copy the .ex4 file on to experts\indicators and restart metatrader. dont try to open the .ex4 files. its an executable file
Quoting nyachty
Cheelu or anyone,

I've been using Metatrader for a long time and I cannot understand how everyone is able to download the Breakout indicator. A ex4 file contains nothing when opened in Metatrader edit folder.

Can someone tell me where you are loading this file and comple it?

Thank you.
  • #731
  • Oct 17, 2008 6:38am Oct 17, 2008 6:38am
Quoting nomoretoxic
9:55 am - Another clown in a suit talking...

ah..never mind ...it's the University of Michigan something report...another one to keep screwing the market...


sorry for the rant.
  • #732
  • Oct 17, 2008 6:52am Oct 17, 2008 6:52am
Quoting cheelu
find out where metatrader is installed.look for experts\indicators directory there.
and u should copy the .ex4 file on to experts\indicators and restart metatrader. dont try to open the .ex4 files. its an executable file
Cheelu or anyone,

the indicator keeps shutting down my MT4, whenever I load/add it.
  • #733
  • Oct 17, 2008 7:02am Oct 17, 2008 7:02am
Quoting watchout4me
Cheelu or anyone,

the indicator keeps shutting down my MT4, whenever I load/add it.

Try to switch to another broker just for the sake of testing.

hope it helps.

PD I am using interbank.
  • #734
  • Oct 17, 2008 7:04am Oct 17, 2008 7:04am
Cheelu,

Thanks for the advice but what you advise is something I have tried several times to make work. If this is an indicator it cannot work as a ex4. It runs as an EA. There seems to be alot of confusion about it need to be loaded. Are you running indicators or Ea's.

As I said before I have used Metatrader for many years and I'm always learning something new everyday but how you described the installation, as an indicator ex4, does not make sense. It needs to be complied normally to run as a mq4 to be an indicator.

I know I'm not the only one having problems understanding this?

Thank you
  • #735
  • Oct 17, 2008 7:08am Oct 17, 2008 7:08am
Cheelu,

Thank you for the effort and I'm sure however your indicator/EA works it looks like a fine effort.
  • #736
  • Oct 17, 2008 8:16am Oct 17, 2008 8:16am
Sorry. I should've named the files better.

BOXBreakout.ex4 is an indicator
BreakOutAlert.exe4 is an EA.



Quoting nyachty
Cheelu,

Thank you for the effort and I'm sure however your indicator/EA works it looks like a fine effort.
  • #737
  • Oct 17, 2008 8:30am Oct 17, 2008 8:30am
Question for NOMO and or Cheelu. I thought I understood this system until today. Today's NY session - EUR/USD - The Cheelu box shows the pullback bar at 13:45 GMT. This bar made a higher high than the bar before it. How can this be a pullback bar?
  • #738
  • Oct 17, 2008 8:32am Oct 17, 2008 8:32am
could u pls post ur chart?

Quoting loophole
Question for NOMO and or Cheelu. I thought I understood this system until today. Today's NY session - EUR/USD - The Cheelu box shows the pullback bar at 13:45 GMT. This bar made a higher high than the bar before it. How can this be a pullback bar?
  • #739
  • Oct 17, 2008 9:10am Oct 17, 2008 9:10am
Cheelu,

Thank you for clarifying, it's now clear how it works.
  • #740
  • Oct 17, 2008 9:41am Oct 17, 2008 9:41am
So my question is about the pullback candle. For a long trade,
can a candle be the pullback candle if it makes a higher high that the candle before it but closes lower than the candle before it if?
1 trader viewing now