read it again, I changed it a bit, some things didn't make sense when I read it myself. it is 4 am in the morning, can't thing of the right things anymore. Good night.
And even setup the right box, some brokers do not provide Sunday data, some brokers ends their data Fridays when they are tired and their wife's call them for Friday's "honky tonky time" - just kidding, but something like that.
read it again, I changed it a bit, some things didn't make sense when I read it myself. it is 4 am in the morning, can't thing of the right things anymore. Good night.
Improved version of 5-7 breakout. Follow these rules and test it out even for those months that you think this method lost and let me know the results.
1. g/u 7pips for short and 7+spread for long, g/j 8 pips for short and 8+spread for long
2. apply 2 moving averages one is EMA 90 and the other SMA 200
3. do not enter if the box is greater then 90 pips including spreads and if the 2 moving averages are in the box(it is acceptable if SMA is slightly in but not in the mid of the box,1/3 is fine, if SMA is in the box more then 1/3 then don't...
Ignored
Hi Fed
We really can't thank you enough for all your hard work.
One question: Is 5 to 7 a new box method or did you mean 4 to 7 or 2 to 5 ?
And even setup the right box, some brokers do not provide Sunday data, some brokers ends their data Fridays when they are tired and their wife's call them for Friday's "honky tonky time" - just kidding, but something like that.
Improved version of 2-5 breakout. Follow these rules and test it out even for those months that you think this method lost and let me know the results.
1. g/u 7pips for short and 7+spread for long, g/j 8 pips for short and 8+spread for long
2. apply 2 moving averages one is EMA 90 and the other SMA 200
3. do not enter if the box is greater then 100-105pips including spreads and if the 2 moving averages are in the box(it is acceptable if SMA is slightly in but not in the mid of the box,1/3 is fine, if SMA is in the box more then 1/3 then don't...
Ignored
15M ?
SMA = Smooth MA ?
I don't understand this ---> greater then 100-105pips. Do you mean anything greater than 100 ?
I don't understand this ---> greater then 100-105pips. Do you mean anything greater than 100 ?
Ignored
It is simple, yes it is still 15min. I am saying when the box is greater then 100 pips then don't get in, but I seen some 100pips boxes will make it and some won't make it but again it is up to you depends how much risk you like. To stay in minimum risk, don't enter in if the box is greater then 100-105 pips.
I am on the 4.00 - 7.00. But because of BST (being GMT+1 = 08.00) we are still 6 minutes away from the closing of the breakout period. Which is 8.00 over here. (as per the first post #1)
But I notice that you guys have already finished and hour before. So - LOL - well done. But if you could clarify that would be great
I am on the 4.00 - 7.00. But because of BST (being GMT+1 = 08.00) we are still 6 minutes away from the closing of the breakout period. Which is 8.00 over here. (as per the first post #1)
But I notice that you guys have already finished and hour before. So - LOL - well done. But if you could clarify that would be great
Ignored
yes
i am also on 5-8 in my broker which i think is GMT +1
you can compare your chart and the graph whihc fed post before.
and then check your time~
it is 4 am in the morning, can't thing of the right things anymore. Good night.
