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Attachments: 0400-0700 GMT Breakout Strategy
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0400-0700 GMT Breakout Strategy

  • #301
  • Jul 28, 2009 1:12am Jul 28, 2009 1:12am
ok so what I did is that I turned the spread feature off and I made the long entry 10 pips higher in default because my spread is around 3-3.5 pips anyway.

In the meantime I am long but I entered in 4 pips late at 1.6522(the entry line was at 1.6518) due to woke up late. damnnnnnn my first TP almost there but retaces back like 10-12 pips, I hope that 4 pips late entry will not cost me tonight. Could of had the first ... never mind first TP is done fewwwwwwww. bad experience from the past.....

and wawarulez I don't like brockers that will charge you pips for SLs as well,
  • #302
  • Jul 28, 2009 1:16am Jul 28, 2009 1:16am
Quoting wltam
Oh..Yes
I forgot to put the lot size as custom value
Attached is the new one.

I also need to thank Jason as I modify the EA from his EA

My broker is FxPro. the spread seem is vary in different time but the max. is 3.0 pips
and it has not extra spread for SL
hi, thanks for your hard work, what is the difference between yours and Jason's? I haven't tryed yours yet.
  • #303
  • Jul 28, 2009 1:26am Jul 28, 2009 1:26am
Quoting wltam
Oh..Yes
I forgot to put the lot size as custom value
Attached is the new one.

I also need to thank Jason as I modify the EA from his EA

My broker is FxPro. the spread seem is vary in different time but the max. is 3.0 pips
and it has not extra spread for SL
thank you man...
  • #304
  • Jul 28, 2009 1:50am Jul 28, 2009 1:50am
Quoting fed
hi, thanks for your hard work, what is the difference between yours and Jason's? I haven't tryed yours yet.
I found his EA in the original BIG DOG thread.

I modified to have 2 EA and the max. SL is 60pips (if hi/lo different >60pips) rather just hi/lo level and can using the buffer of SL (i.e. can set 10pips lower to the lowest line for the SL)

In conclusion, I base on
http://www.forexfactory.com/attachme...1&d=1248667126

this graph to modify the EA~

WL~
  • #305
  • Jul 28, 2009 2:34am Jul 28, 2009 2:34am
Quoting wltam
I found his EA in the original BIG DOG thread.

I modified to have 2 EA and the max. SL is 60pips (if hi/lo different >60pips) rather just hi/lo level and can using the buffer of SL (i.e. can set 10pips lower to the lowest line for the SL)

In conclusion, I base on
http://www.forexfactory.com/attachme...1&d=1248667126

this graph to modify the EA~

WL~
Hi guys,

Does this EA work for 6 digit broker? I get order sent error 130 in alprai UK

Thanks

Anto
  • #306
  • Jul 28, 2009 4:35am Jul 28, 2009 4:35am
Hey jason, that's an awesome indicator, is it possible to add a specified SL, ie. if i like to use a 30 SL then can u make it to show that line within the box?

that'd be great if u can and really speed up back testing.
  • #307
  • Jul 28, 2009 7:14am Jul 28, 2009 7:14am
Thanks to everyone for their efforts on this, great thread so far.
  • #308
  • Jul 28, 2009 8:31am Jul 28, 2009 8:31am
Quoting anto
Hi guys,

Does this EA work for 6 digit broker? I get order sent error 130 in alprai UK

Thanks

Anto
I use FxPro,
mine is make for 5 digit
  • #309
  • Jul 28, 2009 8:52am Jul 28, 2009 8:52am
Quoting anto
Hi guys,

Does this EA work for 6 digit broker? I get order sent error 130 in alprai UK

Thanks

Anto
error 130 is Invalid stops.

Can you try to adjust the value of TP1 TP2 etc. to one more zero?
i.e. 300 --> 3000

as ....300 for my 5 digit is equal to 30pip so that i think u can try 3000

Thank
  • #310
  • Jul 28, 2009 8:55am Jul 28, 2009 8:55am
Thanks fed for sharing.

This breakout trading is definitely profitable.

The trick is just to find the right combination of candle time, buffers and tp.

I think we need some more time testing more combination s.

Overall I am profitable and think we are heading in the right direction.

Keep going.
  • #311
  • Jul 28, 2009 9:24am Jul 28, 2009 9:24am
Quoting matlobien
Thanks fed for sharing.

This breakout trading is definitely profitable.

The trick is just to find the right combination of candle time, buffers and tp.

I think we need some more time testing more combination s.

Overall I am profitable and think we are heading in the right direction.

Keep going.

You are wellcome, I hope everyone makes money with either combos using the breakout system.

I have another one which I have posted earlier, try testing that one, I did some back testing for at least few weeks and looked good to me, but I need more back testing like a year at least.

This new one involves with pairs like g/u, g/j and e/j. It has a bigger and wider box . starting from the open of the Asian session till same time 5am. for more details look at my prev posts.
  • #312
  • Jul 28, 2009 9:27am Jul 28, 2009 9:27am
Quoting fed
You are wellcome, I hope everyone makes money with either combos using the breakout system.

I have another one which I have posted earlier, try testing that one, I did some back testing for at least few weeks and looked good to me, but I need more back testing like a year at least.

This new one involves with pairs like g/u, g/j and e/j. It has a bigger and wider box . starting from the open of the Asian session till same time 5am. for more details look at my prev posts.
Hi fed, thanks for sharing. Do u mean 5am GMT?

thanks
  • #313
  • Jul 28, 2009 10:36am Jul 28, 2009 10:36am
Quoting maxximuz
Hi fed, thanks for sharing. Do u mean 5am GMT?

thanks

yes
  • #314
  • Jul 28, 2009 1:02pm Jul 28, 2009 1:02pm
Quoting wltam
Oh..Yes
I forgot to put the lot size as custom value
Attached is the new one.

I also need to thank Jason as I modify the EA from his EA

My broker is FxPro. the spread seem is vary in different time but the max. is 3.0 pips
and it has not extra spread for SL
wltam,

As for close the trades:
Does it move SL to BE when TP=30 on the 2nd opened trade?
Simple is powerful all the time.
  • #315
  • Jul 28, 2009 8:24pm Jul 28, 2009 8:24pm
Quoting RiverTrader
wltam,

As for close the trades:
Does it move SL to BE when TP=30 on the 2nd opened trade?
i am sorry what is the meaning of "BE"?
  • #316
  • Jul 28, 2009 8:57pm Jul 28, 2009 8:57pm
Quoting Eaty
Hi jason, it is possible to replace the market value with tp1, tp2, entry and exit? instead we need to point the arrow to the word to see the value.
I've made some updates to include price labels like you've asked for.

I've also included a new param to place a hard stop loss line like someone else asked for. Leave stop_loss_x_pips_within_box = 0 if you don't care to use this feature, otherwise stoploss lines will be drawn within the box.
Attached File(s)
File Type: ex4 jason-breakout-box_v3.ex4   14 KB | 831 downloads
  • #317
  • Jul 28, 2009 9:06pm Jul 28, 2009 9:06pm
Quoting jasonphd
I've made some updates to include price labels like you've asked for.

I've also included a new param to place a hard stop loss line like someone else asked for. Leave stop_loss_x_pips_within_box = 0 if you don't care to use this feature, otherwise stoploss lines will be drawn within the box.
Really GREAT~
  • #318
  • Jul 28, 2009 10:31pm Jul 28, 2009 10:31pm
Quoting wltam
i am sorry what is the meaning of "BE"?
I believe that is Break even
  • #319
  • Jul 28, 2009 10:33pm Jul 28, 2009 10:33pm
Quoting jasonphd
I've made some updates to include price labels like you've asked for.

I've also included a new param to place a hard stop loss line like someone else asked for. Leave stop_loss_x_pips_within_box = 0 if you don't care to use this feature, otherwise stoploss lines will be drawn within the box.
Thank you for the update. I will test on it.
  • #320
  • Jul 29, 2009 12:32am Jul 29, 2009 12:32am
Looks like today isnt going to be good.

O and with my wonderful spread for SL Im -6 as soon as i enter, really need to change, would any1 recommend another broker like FXPro? or anything without spread on SLs
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