0400-0700 GMT Breakout Strategy

Grant, Thanks for your comment any name of ea to search? I think you mean this one Link
No I have all the versions of Ea's had to read the Big Dog thread from the beginning
Regards,
Soondoock

i think thats the one, i dont have a copy any more as i trade this manually and was only using the EA for backtesting and optimising....

cheers

Grant

FWIW, box times on March 30 and 31 were incorrect.

hallo in tasiy and everybody!

Unfortunately, mine does not so feel well in English which I have not understood, unfortunately, everything how yours functions system.
It begins around 4 gmt, ends around 7gmt?

This would be with me in deutschland around 17uhr, and ends at 20 o'clock.

I have still understood that I highest high and deepest deeply in this 3 stood must sign.

Whom I have drawn this how it goes on now?

I would be glad whom I receive help, or there is somebody who can write well in German.
thank you steve

Deutschland ist GMT plus einz, also, vier (GMT) ist funf (DE) und sieben (GMT) ist acht (DE) (ins morgen). Ich hoffe das ist okay, mein deutsch ist ein bischen quatsch!

Nick

hallo pipfox.
Your German quite felt well, thank you.

This heist probably, in the morning I must get up around 5 uhr.
And 7gmt is 8 uhr in the morning in Germany.
There almost the stock exchange begins in Frankfurt.

How functions now break-out system really?
What must I mark, and what follow?
thank you steve

Steve,

I recommend that you try to read the thread, the very first page at least. The basic rules are on the first page. I will try to explain the basic strategy in my poor German.

Konnen sie aus bett gehen ein bischen vor acht und zeiche zwei linien, ein im hohe punkt und andere im neidrigsten punkt der drei uhr (5-8). Dann kaufen sie wenn der borse brechen der hohe punkt und umgekehrt.

Nick

Some german language to come :

Hi Steve, wenn du es einfacher haben willst, musst du einfach den Breakout Indikator hier herunterladen
http://www.forexfactory.com/showpost...35&postcount=1

bei den Einstellungen musst du 5 und 7 einstellen und bei GMTshift 1.
So einfach ists.
Dann stehst du morgens kurz vor 8 Uhr auf und setzt je eine Order an das High/Low des Kastens, mit einem Sl von max 60(!) oder der Abstand von high zu low und einen TP von 30.
Danach ist abwarten angesagt, kannst dich ja nochmal hinlegen (so mach ichs auch immer).
Wenn noch fragen sind einfach ne PM schreiben. Wenn du insgesamt 5 Posts hier im Forum hast, kannst du mir eine schicken.

Guten Rutsch! / Happy new year to all

keep pippin

WAOW, i am jealous about speaking Deutch I will ask to speak french next year

@hova!

Do you also apply break-out system?
How are your experiences in addition?
How much do pips you make with it thus in meet?
We can talk with pleasure sometimes by skype.
Skype adresse is in my profile
Would be net, thank you
steve

Good start to the year so far, two wins out of two.

Lets hope it continues!!!

What variation are you using? I'm trading Grant's way and it's one loose and one no trade for me.

I'm using Grant's method too.

Yesterday and today were no trades because the EMA line was inside the box...

Hey guys,

i am 1 loss, 1 no trade so far...

Mondays will always be different as brokers open at differing times on the SUnday night / monday morning so the 85 ema will have different values. in this case it was the close on new years eve...

hence i had a trade on monday whereas tradeone didnt...

hope that explains it...

cheers

Grant

thought i'd show you the chart i had for Monday...

you can see that the ema was close but not in and the 6 or so bars that were from sunday night (between dotted lines) which some brokers wont have....

cheers

Grant

Hi Grant, the closing candle on 31/12/09 was 17:00 gmt and the opening candle on 03/01/10 was 21:15. I'm with FXCM and I'm using the low price for my EMA.

I think I need to do some more backtesting with these settings. I noticed you used 1-minute charts for your backtesting. Did you notice much difference in your results compared with testing on a 15-minute chart?

hi,

there should be no difference, the Ea used tick data so the results were as accurate as possible... i just manually checked the EA's results...

cheers

Grant

Guys,

I am using sculls purely mechanical trading technique without the indicators.

Can anyone else verify wins with this over the pas two days?

Thanks,

al

Just to confuse everyone !!

My results are:

1 x Breakeven, 1 x no signal

I have a buffer of 4 pips and move my stop to breakeven after 19 pips from entry which it just met on Monday

hello of people!
I made today the following error.
The course was high at 7,30 o'clock in the morning with 1,4477. highest. Mean purchase I with 1,4485 set. SL with 1,4470.
A further purchase order put 9ch under it with 1,4490.SL again 15pips.
Both buying rates were implemented, however both in minus ran, and sl one released.
What wrong did I make?
steve thanks