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0400-0700 GMT Breakout Strategy

  • #2,821
  • Mar 15, 2010 8:08pm Mar 15, 2010 8:08pm
I am still using this technique on the 5 and 15min timeframe. I am still using the original technique as described in post #1
If you think you can or cannot do it you are correct
  • #2,822
  • Mar 16, 2010 1:01am Mar 16, 2010 1:01am
Quoting tommycz
Anyone still trading this system?? And if so, which variation?
yes the Grant variation (link in 1st post), currently +3% for March

cheers

Grant
  • #2,823
  • Mar 16, 2010 5:10am Mar 16, 2010 5:10am
Quoting Olu
I am still using this technique on the 5 and 15min timeframe. I am still using the original technique as described in post #1
Isn't it that, original technique was suffering loss during last months??
  • #2,824
  • Mar 16, 2010 8:50am Mar 16, 2010 8:50am
Not all were losses and I went for 15-20 pips when I traded it.
If you think you can or cannot do it you are correct
  • #2,825
  • Mar 16, 2010 10:17am Mar 16, 2010 10:17am
helpful and in combination with other trading systems, too.

crackjack
  • #2,826
  • Mar 18, 2010 9:27am Mar 18, 2010 9:27am
is here anybady which makes about london breakout strategy an ea?
  • #2,827
  • Edited 10:22am Mar 19, 2010 4:23am | Edited 10:22am
I have been following the Grant method for some time and would like to throw in this :-

I have noticed that if we use the 4Hour CCI(20) for confirmation of the setup this improves the results.

Basically to confirm a BUY then the 4H CCI(20) needs to be above zero and pointing up. To confirm a SELL then the 4H CCI(20) needs to be below zero and pointing down.

From my backtesting this cuts out many of the losing and BE trades. It has cut out a few winners but the results have improved overall.

This is all based on the way I trade Grants method, which is basically the same with the exception of I do not use a buffer at all.

The 4H CCI(20) has made the following difference to Jan and Feb results

Without the CCI confirmation....
22 trades, 3 wins, 10 losers, 9 BEs .... Total 75 pips profit

With the CCI confirmation....
5 trades, 3 wins, 1 losers, 1 BEs .... Total 210 pips profit

I have checked back through 2009 and it appears to improve the results throughout the year however I have not got accurate numbers yet.

I would appreciate anyones thoughts on this.
  • #2,828
  • Mar 19, 2010 3:58pm Mar 19, 2010 3:58pm
Quoting WildWood
I have been following the Grant method for some time and would like to throw in this :-

I have noticed that if we use the 4Hour CCI(20) for confirmation of the setup this improves the results.

Basically to confirm a BUY then the 4H CCI(20) needs to be above zero and pointing up. To confirm a SELL then the 4H CCI(20) needs to be below zero and pointing down.

From my backtesting this cuts out many of the losing and BE trades. It has cut out a few winners but the results have improved overall.

This is all based on the way I trade Grants method,...

Hi Wildwood,

thanks very much for the detailed effort you have gone to...

i will have a look at the cci filter over the weekend hopefully and let you know but if it helps eliminate losses and makes the method more profitable then it can only be good...

many thanks again for your efforts

Grant
  • #2,829
  • Mar 19, 2010 4:45pm Mar 19, 2010 4:45pm
hey i have been away this week and i was wondering how many no trades, BE, loses and wins there was on grants method this week. thanks
  • #2,830
  • Mar 20, 2010 3:23am Mar 20, 2010 3:23am
Quoting wawarulez
hey i have been away this week and i was wondering how many no trades, BE, loses and wins there was on grants method this week. thanks
hi,

i have

1 loss
0 wins
0 BE

cheers

Grant
  • #2,831
  • Mar 20, 2010 7:34am Mar 20, 2010 7:34am
Thanks , shame about a non eventful week
  • #2,832
  • Mar 21, 2010 6:41am Mar 21, 2010 6:41am
Quoting WildWood
I have been following the Grant method for some time and would like to throw in this :-

I have noticed that if we use the 4Hour CCI(20) for confirmation of the setup this improves the results.

Basically to confirm a BUY then the 4H CCI(20) needs to be above zero and pointing up. To confirm a SELL then the 4H CCI(20) needs to be below zero and pointing down.

From my backtesting this cuts out many of the losing and BE trades. It has cut out a few winners but the results have improved overall.

This is all based on the way I trade Grants method,...
looking forward to those 2009 results... Thanks Wildwood!
  • #2,833
  • Mar 21, 2010 10:51pm Mar 21, 2010 10:51pm
that's the way trading should be. BOORRRINGG.
Shit Happens
  • #2,834
  • Mar 22, 2010 12:58pm Mar 22, 2010 12:58pm
Quoting grant18265
hi,

i have

1 loss
0 wins
0 BE

cheers

Grant
same as me,

1 trade: 1loss, 0 wins...
  • #2,835
  • Mar 22, 2010 1:56pm Mar 22, 2010 1:56pm
Quoting WildWood
I have been following the Grant method for some time and would like to throw in this :-

I have noticed that if we use the 4Hour CCI(20) for confirmation of the setup this improves the results.

Basically to confirm a BUY then the 4H CCI(20) needs to be above zero and pointing up. To confirm a SELL then the 4H CCI(20) needs to be below zero and pointing down.
I want try to use 4H CCI(20) indicator for confirmation.
what settings should i use?

Period=20
Apply to= ???

thanks for the answer...
  • #2,836
  • Edited 4:05am Mar 23, 2010 3:54am | Edited 4:05am
Quoting feversam
I want try to use 4H CCI(20) indicator for confirmation.
what settings should i use?

Period=20
Apply to= ???

thanks for the answer...
Place a 20 Period CCI on the 4 hour chart

Apply to Typical HLC
  • #2,837
  • Mar 24, 2010 8:58pm Mar 24, 2010 8:58pm
Quoting WildWood
Place a 20 Period CCI on the 4 hour chart

Apply to Typical HLC

Thank you, you just provided me a excellent filter for my system!
  • #2,838
  • Mar 25, 2010 2:49am Mar 25, 2010 2:49am
Hi WW ! Could you plz a bit explain your rules for cci use ? For instance - at the 4h chart: Crossing the +100 cci-line down = down trend - only sells at the bottom line of the box ? Is that right ?
  • #2,839
  • Mar 26, 2010 1:08am Mar 26, 2010 1:08am
Quoting Mandl2007
Hi WW ! Could you plz a bit explain your rules for cci use ? For instance - at the 4h chart: Crossing the +100 cci-line down = down trend - only sells at the bottom line of the box ? Is that right ?
Basically to confirm a BUY then the 4H CCI(20) needs to be above zero and pointing up. To confirm a SELL then the 4H CCI(20) needs to be below zero and pointing down.
  • #2,840
  • Mar 27, 2010 8:24am Mar 27, 2010 8:24am
any update on 2009 results please

Quoting WildWood
.


The 4H CCI(20) has made the following difference to Jan and Feb results

Without the CCI confirmation....
22 trades, 3 wins, 10 losers, 9 BEs .... Total 75 pips profit

With the CCI confirmation....
5 trades, 3 wins, 1 losers, 1 BEs .... Total 210 pips profit

I have checked back through 2009 and it appears to improve the results throughout the year however I have not got accurate numbers yet.

I would appreciate anyones thoughts on this.
"The person who knows that enough is enough, will always have enough". .
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