I have the template installed but it just has the words label down the left side of the chart. Is a indicator missing?
Gary
Can't some one make an ea for this? or has someone?
I want to try this but the end of Asian time is 4am for me. Waking up in the middle of the night is difficult for my work life.
Gary
I found this EA for the Asian breakout and have tested it. It does work but the only problem I see with it now is that with the new hedging rules it may not work. But there is a way you can make it work.
It sets a buy stop at the High and sell stop at Low end of the specified time you set in the EA. With my broker (Forex.com) they do not allow even pending opposite orders. But in the EA you can set it to only execute only long or short positions. So if you guess correctly you are in luck! It also allows the 5 or 10 pip buffer or whatever you set.
Anyway... like always... test it out on demo.
Hope this helps and is useful.
Tony
- #613
- Jun 12, 2009 7:16am Jun 12, 2009 7:16am
- Joined Oct 2008 | Status: patiently growing wealth... | 2,655 Posts
John 3:16 - From THIS love no power on earth can me sever.
- #617
- Jun 12, 2009 10:33am Jun 12, 2009 10:33am
wow big pips you only trade the 2
What are the longer term stats like ?
P
I sow that you are pretyy catch up with the other system EUR/GBP.
One question ?
Are you still trading this system ?
I am trying to make some pips with it. I am a bog fan of this system and seems that eur/gbp is simple too, but too much crowd in there...
Anyway, I wish to you and to the gang from this thred a nice weekend !
Have fun !
- #619
- Edited 1:17pm Jun 12, 2009 1:06pm | Edited 1:17pm
Hi Paulus.. Great thread
This sytem shurly works, but I've been considering other Entry, TP and SL
and here it goes... just please let me know what ya think about it..
GBP/USD
Entry:
11pips higher or lower of Tokio session (same like in Paulus strategy),
although this is still Paulus strategy just modifed a little bit..
Target +61,8 Fib | + or - 11pips depends if it's long or short
SL - 61,8 Fib |+ or -spread
so we've got here risk reward ratio on 1:1 level (not exacly very close)
between 11th-12May on GBP/USD there was sth like 27 signals like that and only 5 positions hits SL, rest goes to 61,8 Fib and hits TP
although my idea starts here.../
GBP/USD Traded only..
open an account just for this pair. deposit - 500USD / Lots 0,1 (1 pips - 1 $)
average SL is 30-80pips (as well as Tp, )
Max open positions - 1
I'm trading this way since last monday
Rule of 1 trade a day is still valid
so far all 5 signals hit TP in this week. and it gave 233pips, which is almost 50% of my initial transfer(500 USD).
Thanks a lot Paulus, once again great thread and have pips people
This sytem shurly works, but I've been considering other Entry, TP and SL
and here it goes... just please let me know what ya think about it..
GBP/USD
Entry:
11pips higher or lower of Tokio session (same like in Paulus strategy),
although this is still Paulus strategy just modifed a little bit..
Target +61,8 Fib | + or - 11pips depends if it's long or short
SL - 61,8 Fib |+ or -spread
so we've got here risk reward ratio on 1:1 level (not exacly very close)
between 11th-12May on GBP/USD there was sth like 27 signals like that and only 5 positions hits SL, rest goes to 61,8 Fib and hits TP
although my idea starts here.../
GBP/USD Traded only..
open an account just for this pair. deposit - 500USD / Lots 0,1 (1 pips - 1 $)
average SL is 30-80pips (as well as Tp, )
Max open positions - 1
I'm trading this way since last monday
Rule of 1 trade a day is still valid
so far all 5 signals hit TP in this week. and it gave 233pips, which is almost 50% of my initial transfer(500 USD).
Thanks a lot Paulus, once again great thread and have pips people
Hi Paulus.. Great thread
This sytem shurly works, but I've been considering other Entry, TP and SL
and here it goes... just please let me know what ya think about it..
GBP/USD
Entry:
11pips higher or lower of Tokio session (same like in Paulus strategy),
although this is still Paulus strategy just modifed a little bit..
Target +61,8 Fib | + or - 11pips depends if it's long or short
SL - 61,8 Fib |+ or -spread
so we've got here risk reward ratio on 1:1 level (not exacly very close)
between 11th-12May on GBP/USD there was sth like 27...
Nice to see your way to trade Paulus system.
Just want to ask you, your entry is only 11 pips from high/low of Asia sesion, or you put the spreed to ?
I think a chart would be nice to see too
Thx for your time !
Have a nice weekend