4H Box Breakout

whats u tp1, tp2 tp3

Please see the candle with white box in the attached chart. So far, it is working. Btw, if you are aware, normally the pending order will start triggle one hour before or after Germany market start which 1-3 hour after we set the order, so I think should be not much different, I have no problem on that so far. But I would take note on the setting order time next week.

My box is 155 pips. so, my TP1 155 too and so forth. My target is 470 pips.

ic.. ur using metatrader.. im using marketscope from fxcm micro.. the first 4 hr candle if i were to look at 1hr time frame,it start from 1700-2100.. Its 0500-0900 my time..

Very interesting thread.

Ill need to have a closer look at this to check my understanding

Regards

ST

Half way before moving stop to BE.

EJ is heading resistance line, if break thru it, it should go 100 or more pips...

Cheers!!

I just changed Long to Box High. And short to Box Low. I'll update on post 1 as well.

Ea isnt opening..have a smiley. enabled trades......been using ea for long time. not sure why this is not working. on 4 hour chart s/b openinig.

#property copyright "Ronald Raygun"

extern string Remark1 = "== Main Settings ==";
extern int MagicNumber = 0;
extern bool SignalsOnly = False;
extern bool Alerts = False;
extern bool SignalMail = False;
extern bool PlaySounds = False;
extern bool ECNBroker = False;
extern bool EachTickMode = True;
extern double Lots = 0.01;
extern bool MoneyManagement = False;
extern int Risk = 0;
extern int Slippage = 5;
extern bool UseStopLoss = True;
extern bool UseFixedStopLoss = True;
extern int StopLoss = 100;
extern bool UseStopLossMultiplier = True;
extern double StopLossMultiplier = 3;
extern bool UseTakeProfit = False;
extern bool UseFixedTakeProfit = True;
extern int FixedTakeProfit = 60;
extern bool UseTakeProfitMultiplier = True;
extern double TakeProfitMultiplier = 3;
extern bool UseTrailingStop = False;
extern int TrailingStop = 30;
extern bool MoveStopOnce = true;
extern int MoveStopWhenPrice = 50;
extern int MoveStopTo = 1;
extern string Remark2 = "";
extern string Remark3 = "== Breakout Settings ==";
extern int DayStart = 0;
extern int BarsFromWeekStart = 1;
extern int BreakoutBuffer = 20;
extern int MaxTradesPerWeek = 3;
extern int MaxLongsPerWeek = 1;
extern int MaxShortsPerWeek = 2;
extern string Days = "Sunday is 0, Monday 1, Friday 5, etc";
extern bool UseCloseOnWeekEnd = False;
extern int ClosePositionsDay = 5;
extern string ClosePositionTime = "23:00";

any thoughts? just trading micro lots at this point.

What lines are being drawn?

none when I attach it...I have live trades that are manual...but separate majic number should separate from other trades I believe.
strange.. my other ea's running live fine.

GBP/JPY trade reached 1xTP and moved S/L to BE+20

my short on gbp/jpy and eur/jpy has hit tp1. moving sl to be.

Yes, now we're on a free ride.

great strategy ace. all v need in this strategy is patience, discipline and good money management.

what tp1 did you have for ey?

according to my setup, tp1 still needs to be reached at 133.95

Yep ditto glad i took the Short too helps with the loss i took on that long mistake

my tp1 for eur/jpy is 134.22. not very different from yours.

i close half of my position for g/j,e/j & chf/jpy.. net ard 220pips.. now i let my another half position run..

Do we still add spread for "long" trade in addition to buffer of 20-pips? Can you clarify on this, please?