Was this on your live account? If so, good job and keep us updated.[/quote]
Yes it was. Long triggered today, as we speak.
Yes it was. Long triggered today, as we speak.
A Simple London Breakout V.2 1,487 replies
Another Simple London Breakout System (with a twist) 46 replies
Simple london breakout v.9.2 error 1 reply
DislikedPlease don't take offense, but I'd be extremely cautious of trading immediately on live account until it really has proven itself. Now I can't tell you not to, but if you are determined to trade live, please use extremely small lots until you are perfectly comfortable with it.Ignored
QuoteDislikedScott
I'm based in the UK. I use a spread betting account where possible as all winnings are tax free!
My account stands at just over £10k but i'm only using a £1 bet on this strategy at the moment.
QuoteDislikedooh don't worry I only trade in 1 mini lot at a timehttp://cdn.forexfactory.com/images/s.../yim/happy.gif thanks for your concern though
DislikedFrankfurt opens at 0600 GMT
London opens at 0700 GMT
This is due to Summer Time (DST)
This year, Summertime is from March 28 until October 31.Ignored
Dislikedtoday so far
UJ, EJ both longs triggered and hit targets
UC short in trade -- loss
GU long in trade -- loss
EU long in trade -- loss
GJ long in trade -- profitIgnored
DislikedThe first indicator & template for this strategy is WRONG and should I trade only with the 2nd one posted later in the thread,guys??Please help me with a quick answer!Ignored
DislikedCan i just clarify this please? GMT is the time in London.
Frankfurt opens at 0700 GMT and London actually opens at 0800 GMT. The market hours do not change for DST!
If your TimeZone does not operate DST then you will need to adjust -1 hour from 28th March until 31st October. However if your timezone operates DST and you are in it then the Market hours are the same.Ignored
QuoteDisliked04:00 to 07:00 GMT
QuoteDislikedThe first indicator & template for this strategy is WRONG and should I trade only with the 2nd one posted later in the thread,guys??Please help me with a quick answer!
QuoteDislikedYou are mistaken.
The NY, London and Frankfurt market hours do change for DST. (Europe calls it Summer Time)
During Summer Time, London time is GMT+1. That makes the London open at 0700 GMT- Which is 0800 London local time.
Frankfurt is GMT+2 during Summer Time.
That makes the Frankfurt open at 0600 GMT- Which is 0800 Frankfurt local time.
QuoteDislikedI believe there is a bug in the indicator. The first box ever drawn on the first day of backtesting (not the repainted history boxes) contains 12 candles where every other one contains 13 candles. That changes the entry and every other levels ... only on the first time ..... rest is ok. (please my attached picture) - EA made 33 pips on that one due to the 12 candles box ... 13 candles would have made 36 as you said.
QuoteDislikedAnyhow, you said the box are drawn from Quote:
04:00 to 07:00 GMT
.... which means 12 candles in total ... why every other box (but the first one) is a 13 candles box? Am I understanding something incorrectly or reading the box/chart incorrectly ? Each of your charts show 13 candles boxes, until 7.15am GMT.
QuoteDislikedFinally, I realize you have a huge spike on Eur/JPY ... what is your broker? I don't have this on mine (see attached chart again).