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

  • #2,601
  • Feb 8, 2010 9:32am Feb 8, 2010 9:32am
Quoting robl45
I checked at work, same thing would have happened. I think you guys are using a different bar than me, if you use 4-6 on metatrader, this would not come out like this.

what was the entry you guys got for today? i assume you using 4-6 9 bars right? you'd have to be looking at the bar before to not get stopped out.

EDIT: I see above what you stated for Entry grant. so if you are doing 4-6, then you are actually using 4-5:45 bar on metatrader? so 8 bars total?
BE @ +25 you know ? today price went down 40+

5-7 gmt+1 (4-6 gmt)
Never whishing, always trading.
  • #2,602
  • Feb 8, 2010 10:09am Feb 8, 2010 10:09am
Quoting Hova
BE @ +25 you know ? today price went down 40+

5-7 gmt+1 (4-6 gmt)

right I use 5-7 on +1 broker, but my signals are coming from the next candle from the one you are using. My candle says 7am on my metatrader.

can someone put the cursor over the last candle today and tell me what time it says? i'm guessing 6:45 on a plus 1 broker. also tell me how many candles are in the box. I'm guessing 8?
  • #2,603
  • Feb 8, 2010 10:18am Feb 8, 2010 10:18am
Quoting robl45
i'm guessing 6:45 on a plus 1 broker. also tell me how many candles are in the box. I'm guessing 8?

you'r right.
Never whishing, always trading.
  • #2,604
  • Feb 8, 2010 10:40am Feb 8, 2010 10:40am
Quoting Hova
you'r right.

grant,

is this how you do it as well? I will change my charts tonight, apparently I am doing it wrong, although it did backtest over 1200 pips last year my way so not horrible
  • #2,605
  • Feb 8, 2010 1:58pm Feb 8, 2010 1:58pm
Quoting robl45
grant,

is this how you do it as well? I will change my charts tonight, apparently I am doing it wrong, although it did backtest over 1200 pips last year my way so not horrible
rob,

thats how i do it, here is the rules from the word doc that is in the first post, have attached the whole doc again as well: -

Rules...

·GBPUSD 15 min chart
·use indy set to 4 – 6 amUK time all year (example settings for ODL below)
·add an 85 ema (close) to your chart, green line on chart pics below.
·trade in direction of 85 ema (close),
·if ema is above yellow breakout box go short, price below go long (charts 1 and 2 below)
·if ema is in yellow breakout box at any time then no trade (charts 3 and 4 below)
·enter orders at close of 5.45 am uk time candle (05.59.59)
·long buffer 7, short buffer 5, these already include the spread, if using settings below then indy gives entry prices with these buffers already accounted for.
·if order is not triggered by 0830 UK time, remove order
·only 1 trade per day, no re entries
·RR is 1:5
Attached File(s)
File Type: doc 4-6 am UK breakout rules.doc   103 KB | 725 downloads
  • #2,606
  • Feb 8, 2010 1:59pm Feb 8, 2010 1:59pm
forgot to say that the bars to count input should read 8...

cheers

grant
  • #2,607
  • Feb 8, 2010 2:28pm Feb 8, 2010 2:28pm
hi grant, I was wondering, do you trade the NY open (big dog 12-14gtm box) at the moment?
  • #2,608
  • Feb 8, 2010 2:30pm Feb 8, 2010 2:30pm
Quoting grant18265
forgot to say that the bars to count input should read 8...

cheers

grant

and 8:30 cutoff time, do you mean after 8:15 bar? so 8:15 bar would be the last one you would consider? I've been using 8:30 bar.
  • #2,609
  • Feb 8, 2010 2:40pm Feb 8, 2010 2:40pm
the 0815 candle, so if i'm not in at 0830 i cancel...

cheers

Grant
  • #2,610
  • Feb 8, 2010 2:59pm Feb 8, 2010 2:59pm
Hi Grant
can you please point to your EA, the one on the paper clip has no facility for inputs

Thanks
  • #2,611
  • Feb 8, 2010 3:14pm Feb 8, 2010 3:14pm
Quoting sebafx
hi grant, I was wondering, do you trade the NY open (big dog 12-14gtm box) at the moment?
sorry I know it's off topic, I'm just wondering if traders left the afternoon breakout thread because backtesting shower better results in the morning, or if it's just more convenient for you for personal / schedule reasons...

the big dog thread is nowhere near as active /organized as this one, so I was wondering if the extensive testing/optimization these two methods went through found the morning more profitable than the evening and that's why everyone moved here...

if you find this too off topic ignore it sorry...

by the way I'm sebasound, changed the username to sebafx
  • #2,612
  • Feb 8, 2010 4:38pm Feb 8, 2010 4:38pm
Quoting gloworm
Hi Grant
can you please point to your EA, the one on the paper clip has no facility for inputs

Thanks

Hi,

attached is the latest version (i think) of the EA i used for the backtesting last year. i dont have the actual EA version i used for the testing as i deleted it...

this one is coded by RBI and is from the 7-9 am big dog thread so any questions on its use should be directed to RBI...

hope this helps

Grant
Attached File(s)
File Type: mq4 Box_Breakout_V1.3.mq4   19 KB | 700 downloads
  • #2,613
  • Feb 8, 2010 4:40pm Feb 8, 2010 4:40pm
Quoting sebafx
hi grant, I was wondering, do you trade the NY open (big dog 12-14gtm box) at the moment?

Hi Seba

no i dont, i trade the grant and scull method from this thread as well as 2 other strategies, 1 scalping, 1 intraday...

cheers

Grant
  • #2,614
  • Feb 8, 2010 5:24pm Feb 8, 2010 5:24pm
Quoting grant18265
the 0815 candle, so if i'm not in at 0830 i cancel...

cheers

Grant

thanks, I had the bar shifted over to the right, I thought we used the next bars. still backtesting came out well even like that. I am changing stuff now so that should be better.
  • #2,615
  • Feb 9, 2010 1:22am Feb 9, 2010 1:22am
Hello people,
I think you all remember that person who sell's Grant's system. I have it and I am а benefactor. I think you know what to do
Regards.
The Road appears under the steps of walking men...
  • #2,616
  • Feb 9, 2010 1:23am Feb 9, 2010 1:23am
Quoting grant18265
Hi,

attached is the latest version (i think) of the EA i used for the backtesting last year. i dont have the actual EA version i used for the testing as i deleted it...

this one is coded by RBI and is from the 7-9 am big dog thread so any questions on its use should be directed to RBI...

hope this helps

Grant
Thanks Grant
  • #2,617
  • Feb 9, 2010 2:56am Feb 9, 2010 2:56am
Dear Grant,

Thanks so much for that illuminating attachment to post #2474 which describes various BE and TP schemes. You mention you use 75 TP and 25 BE with a 15 SL because of DDs for clients. In your attachment to #2474, though, there are no DD figures for the various combinations of TP, SL, and BE. Do you have those? It would seem important to understand the "costs" of the various TP, SL, and BE, combos. As well, could you trade your method on other pairs than USDGBP---and you would then adjust the TP, SL, and BE points based on comparing various volatilities?

Thanks so much, and sorry for any bother.

My best to you and yours,

Lenoxer
  • #2,618
  • Feb 9, 2010 3:06am Feb 9, 2010 3:06am
Quoting Lenoxer
Dear Grant,

Thanks so much for that illuminating attachment to post #2474 which describes various BE and TP schemes. You mention you use 75 TP and 25 BE with a 15 SL because of DDs for clients. In your attachment to #2474, though, there are no DD figures for the various combinations of TP, SL, and BE. Do you have those? It would seem important to understand the "costs" of the various TP, SL, and BE, combos. As well, could you trade your method on other pairs than USDGBP---and you would then adjust the TP, SL, and BE points based on comparing...

Hi lenoxer,

Firstly its no bother at all...

i didnt keep a record of all the varying max DD's but i know that using SL 15, TP 75 and BE @ 25 the DD was 9%, this was trading whilst the ema was in the box

since having the no trade in box rule the max number of losing trades has been 5 so 5% for my clients and i.

i'm sure you could easily adjust the figures and trade any pair using this method but its not something i have looked at, it is on my to do list but i havent had the time yet....

cheers

Grant
  • #2,619
  • Feb 9, 2010 3:20am Feb 9, 2010 3:20am
hello,

took sell GU @1.5592 today.. is tat correct?
it is -4 pips floating rite now...

regards
  • #2,620
  • Feb 9, 2010 3:54am Feb 9, 2010 3:54am
Quoting crushbeat
hello,

took sell GU @1.5592 today.. is tat correct?
it is -4 pips floating rite now...

regards
no trade 4 grant today, ema in box
Never whishing, always trading.
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