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Attachments: 0400-0700 GMT Breakout Strategy
Exit Attachments

0400-0700 GMT Breakout Strategy

  • #841
  • Aug 14, 2009 1:48am Aug 14, 2009 1:48am
Quoting RiverTrader
genius,

If Forex.com 2-5, then FXDD is 5-8. (genius, pls confirm)
I am using FXDD, and gained 13% in 10 trading days, now.
Just use 0.1 lot size on 10K demo account, GBPJPY, still add buffer.
Will try without buffer, and 200 MA later. (just need to add this to the code)
Use EA to do this (I modified from jason's code, I guess), I go to bed every night.

see picture.
Hello,
can you share ea?
i couldn't find it last postes..
thank lot
  • #842
  • Aug 14, 2009 1:52am Aug 14, 2009 1:52am
Quoting wltam
modified the EA again
1. i think i fix the problem someone post before

2. Custom MA as indicator
You can use different MA for your indicator
Please note for the "MA_TF" that
Constant Value Description...
can you give a sample about settings?
for example fxdd broker time sets. pair time fireme etc.
or .set files
  • #843
  • Aug 14, 2009 2:03am Aug 14, 2009 2:03am
Quoting arcian
can you give a sample about settings?
for example fxdd broker time sets. pair time fireme etc.
or .set files
http://www.forexfactory.com/attachme...2009%2011:40pm

this is the explanation of the variable
For mine ...i use FxPro, the default setting value is my always use value
  • #844
  • Aug 14, 2009 2:06am Aug 14, 2009 2:06am
Quoting wltam
http://www.forexfactory.com/attachme...2009%2011:40pm

this is the explanation of the variable
For mine ...i use FxPro, the default setting value is my always use value
thank you so much,
can you give information pair and time firame
  • #845
  • Aug 14, 2009 2:12am Aug 14, 2009 2:12am
Quoting arcian
thank you so much,
can you give information pair and time firame
i use in GU and GJ for TF M15
  • #846
  • Aug 14, 2009 2:41am Aug 14, 2009 2:41am
Quoting smikester
fed, do you trade more than 1 pair, and if you do, do you use the same TP?
hey, I use g/j and g/u.

for g/j I use tp1 50pips and tp2 85 and for g/u tp1 45 pips amd tp2 70 pips.
  • #847
  • Aug 14, 2009 2:45am Aug 14, 2009 2:45am
just woke up for my cellphone and what is going on, fireworks tonight , just closed 2 or my tp1s for both pairs and to be honest by mistake I have closed both prders for g/u, my brocker is lucking tonight but the 2nd order is still running for my g/j. What happend was that I had extra .01 lot 2 more orders for g/j for my other stratery (it is going awsome by the way) and I was sleepy and my screen was soooooo crowded with orders and closed the wrong one.....
  • #848
  • Aug 14, 2009 2:47am Aug 14, 2009 2:47am
Quoting wltam
modified the EA again
1. i think i fix the problem someone post before

2. Custom MA as indicator
You can use different MA for your indicator
Please note for the "MA_TF" that
Constant Value Description PERIOD_M1 1 1 minute. PERIOD_M5 5 5 minutes. PERIOD_M15 15 15 minutes. PERIOD_M30 30 30 minutes. PERIOD_H1 60 1 hour. PERIOD_H4 240 4 hour. PERIOD_D1 1440 Daily. PERIOD_W1 10080 Weekly. PERIOD_MN1 43200 Monthly....

thanks, I will try it so that way I don't have to wake up, my manager is not happy with my performance at work due to lack of sleep
  • #849
  • Aug 14, 2009 2:53am Aug 14, 2009 2:53am
I am really Sorry that ....please dun use the EA for my previous post

use this one, as i find an error on that

"
modified the EA again
1. i think i fix the problem someone post before

2. Custom MA as indicator
You can use different MA for your indicator
Please note for the "MA_TF" that
Constant Value Description PERIOD_M1 1 1 minute. PERIOD_M5 5 5 minutes. PERIOD_M15 15 15 minutes. PERIOD_M30 30 30 minutes. PERIOD_H1 60 1 hour. PERIOD_H4 240 4 hour. PERIOD_D1 1440 Daily. PERIOD_W1 10080 Weekly. PERIOD_MN1 43200 Monthly. 0 (zero) 0 Timeframe used on the chart.

I think i will try to make for TP3 later for the EA

Please test the EA yourself 1st before trade as .....there is different setting
Thank"

fed, dangerous~~~to fall asleep~~ when trading~
Attached File(s)
File Type: ex4 EA_breakout_trend_mod2.ex4   10 KB | 421 downloads
File Type: mq4 EA_breakout_trend_mod2.mq4   9 KB | 537 downloads
  • #850
  • Aug 14, 2009 2:58am Aug 14, 2009 2:58am
Quoting wltam
I am really Sorry that ....please dun use the EA for my previous post

use this one, as i find an error on that

"
modified the EA again
1. i think i fix the problem someone post before

2. Custom MA as indicator
You can use different MA for your indicator
Please note for the "MA_TF" that
Constant Value Description PERIOD_M1 1 1 minute. PERIOD_M5 5 5 minutes. PERIOD_M15 15 15 minutes. PERIOD_M30 30 30 minutes. PERIOD_H1 60 1 hour. PERIOD_H4 240 4 hour. PERIOD_D1 1440 Daily. PERIOD_W1 10080 Weekly. PERIOD_MN1 43200 Monthly....
hehehe good one

so what are you saying this EA will work? I will try this probably when I wake up, listen I never used an EA, I might need your assistance to get it working and I will ask stupit questions if you don't mind. for now good night or goodmornning, I am happy with results tonight, I am glad that I am ending with great profit for the weekend.
  • #851
  • Aug 14, 2009 3:02am Aug 14, 2009 3:02am
witch time period you do use ??

is that 04.00 - 07.00 GMt ????
  • #852
  • Aug 14, 2009 3:05am Aug 14, 2009 3:05am
Quoting fed
hehehe good one

so what are you saying this EA will work? I will try this probably when I wake up, listen I never used an EA, I might need your assistance to get it working and I will ask stupit questions if you don't mind. for now good night or goodmornning, I am happy with results tonight, I am glad that I am ending with great profit for the weekend.
of course,
hope that i can assist you.
for me, i use EA because the time of placing order is my lunch time~and it help me no need to calculate~

here is Good afternoon~
this week result is +180 pips for me
  • #853
  • Aug 14, 2009 3:06am Aug 14, 2009 3:06am
Quoting PB_lover
witch time period you do use ??

is that 04.00 - 07.00 GMt ????
i use 0500 - 0800 +1 GMT (which is FxPro time)
so i think it is 0400-0700 GMT
i use TF 15min
so that i place those order @ 0815 (again FxPro Time)

my graph for your reference
Attached Image (click to enlarge)
Click to Enlarge Name: GU.JPG Size: 82 KB
  • #854
  • Aug 14, 2009 3:44am Aug 14, 2009 3:44am
Quoting fed
just woke up for my cellphone and what is going on, fireworks tonight , just closed 2 or my tp1s for both pairs and to be honest by mistake I have closed both prders for g/u, my brocker is lucking tonight but the 2nd order is still running for my g/j. What happend was that I had extra .01 lot 2 more orders for g/j for my other stratery (it is going awsome by the way) and I was sleepy and my screen was soooooo crowded with orders and closed the wrong one.....
I really appreciate your contribution to this thread. It's been of great value. The information you've shared so far is priceless. Looking forward to knowing the next strategy soonest.
  • #855
  • Aug 14, 2009 10:46am Aug 14, 2009 10:46am
Quoting ochuko
I really appreciate your contribution to this thread. It's been of great value. The information you've shared so far is priceless. Looking forward to knowing the next strategy soonest.
thanks and also lets thank tasciy for opening this thread, jason and the others (I am not great with names) who made some great EAs....
I hope this strategy continues, as you all know there will be loosing times as well but being consistency is the key for success.


update with the other strategy, I am up by 211pips at this time, I am live with it already with .01 mini lots. Iam just watching the 15min chart now to exit if it gives me the exit signal. I will test this for another week and if everything goes well then I will open a new thread next beggining of the following week so we can make it better with everyones contribution.
  • #856
  • Aug 14, 2009 11:15am Aug 14, 2009 11:15am
Hello guys,

Iīm new to this thread and still could not read it all, but I caught the idea. My question is : letīs say we put a TP of 30 pips and we get them quickly, we are happy but what if the move had i.e. 180 pips ? We took the first 30 pips but there were a lot more on the table.

The SL is usually bigger than the TP in this strategy, has anybody thought about how to let it run in case there are more pips on the table as our TP ?

Thanks
  • #857
  • Aug 14, 2009 12:57pm Aug 14, 2009 12:57pm
Quoting Fms
Hello guys,

Iīm new to this thread and still could not read it all, but I caught the idea. My question is : letīs say we put a TP of 30 pips and we get them quickly, we are happy but what if the move had i.e. 180 pips ? We took the first 30 pips but there were a lot more on the table.

The SL is usually bigger than the TP in this strategy, has anybody thought about how to let it run in case there are more pips on the table as our TP ?

Thanks
never worry about any pips on any tables. be happy with the ones you have and wait for the next opportunity
  • #858
  • Aug 14, 2009 1:56pm Aug 14, 2009 1:56pm
Quoting Fms
Hello guys,

Iīm new to this thread and still could not read it all, but I caught the idea. My question is : letīs say we put a TP of 30 pips and we get them quickly, we are happy but what if the move had i.e. 180 pips ? We took the first 30 pips but there were a lot more on the table.

The SL is usually bigger than the TP in this strategy, has anybody thought about how to let it run in case there are more pips on the table as our TP ?

Thanks
fms hi welcome to this thread. The way I do it is that 2 entries, TP1 at 45 and TP2 another 30 pips, the reason I do that is because I don't live in Europe even I am a european I do live in Canada so when my entries trigger I am not awake and I can't watch my trades for more pips. If I lievd in europe then I would watch my trades and believe me I would go for more pips with the exit strategy I know. If you can watch the trades once every 15-30 min and just let pips count as much as you think it will go. for my stop strategy I would use ib/ob candle and if that formed I would stop my entry when the price goes over by 5 pips over the ib/ob candle, mostly that would be the end of the rally or you could use pivot points as well.
  • #859
  • Aug 15, 2009 1:15am Aug 15, 2009 1:15am
Hi wltam,

May I know how do i actually apply your 2 files to the MT4? Thanks a lot.


Quoting wltam
I am really Sorry that ....please dun use the EA for my previous post

use this one, as i find an error on that

"
modified the EA again
1. i think i fix the problem someone post before

2. Custom MA as indicator
You can use different MA for your indicator
Please note for the "MA_TF" that
Constant Value Description PERIOD_M1 1 1 minute. PERIOD_M5 5 5 minutes. PERIOD_M15 15 15 minutes. PERIOD_M30 30 30 minutes. PERIOD_H1 60 1 hour. PERIOD_H4 240 4 hour. PERIOD_D1 1440 Daily. PERIOD_W1 10080 Weekly. PERIOD_MN1 43200 Monthly....
  • #860
  • Aug 15, 2009 9:09am Aug 15, 2009 9:09am
fed,r u moving ur 45 pips target SL to break even after it hits 30 pip mark??
how about putting a fixed SL like 30 pips??I m just suggesting..
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