The author says he made 3240 pips 2009 | Forex Factory

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The author says he made 3240 pips 2009

  • #1
  • First Post: May 10, 2010 12:51am May 10, 2010 12:51am
Hi

I read about a system cald B.O.S.S http://indo-investasi.com/showthread...00-000-in-1-yr

The strategi is a really simple Break Out strategi

(1) Mark down the high and low of GBPUSD everyday from 12 midnight to 7:00 am London time;

(2) Put in a pending Buy order at 5 pips above the high from (1) above;

(3) Put in a pending Sell order at 5 pips below the low from (1) above;

(4) Target profit is 30 pips

(5) Stop loss is 30 pips

(6) Close all trades at the end of UK trading day

Think itb is easy for a coder to code it. Would be funny to backtest it and see if it really made 3240 pips 2009.

In the above link is a link to the ebook

Regards
Elovv
  • #2
  • May 10, 2010 1:07am May 10, 2010 1:07am
i use a very similar appraoch, but combined with price action candle, also re-test on asian hi or low for support/resistance. obviously if placing order based on triggering pending order, it would be a very silly thing to do.

Tactician
  • #3
  • May 10, 2010 1:54am May 10, 2010 1:54am
Is this a one time deal or, do you want it to continue placing trades after each order closes? It looks simple enough. The only problem I might have is with incorporating the time, for I haven't done this with an EA before (although I've added timeouts). It shouldn't be that difficult though.

Of course I'm sure there are other folks here who are willing to help as well.
  • #4
  • May 10, 2010 3:50am May 10, 2010 3:50am
Quoting ecTrade
Is this a one time deal or, do you want it to continue placing trades after each order closes? It looks simple enough. The only problem I might have is with incorporating the time, for I haven't done this with an EA before (although I've added timeouts). It shouldn't be that difficult though.

Of course I'm sure there are other folks here who are willing to help as well.
I will have it for backtesting the strategi, I will know if profit 2009 really whas 3420 pips.
  • #5
  • May 10, 2010 4:31am May 10, 2010 4:31am
Go and pick this EA

Steve Hopwood's BS Asain session breakout multi-pair

its multipair

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6
  • May 10, 2010 9:26am May 10, 2010 9:26am
Quoting Kosomolate
Go and pick this EA

Steve Hopwood's BS Asain session breakout multi-pair

its multipair

kos
Does not work for test this strategi.

Elovv
  • #7
  • May 10, 2010 3:12pm May 10, 2010 3:12pm
Quoting Elovv
I will have it for backtesting the strategi, I will know if profit 2009 really whas 3420 pips.
Actually, I was asking how many trades did you plan to make each day?
  • #8
  • Last Post: Edited 11:35pm May 10, 2010 11:14pm | Edited 11:35pm
Quoting ecTrade
Actually, I was asking how many trades did you plan to make each day?
Hi ecTrade

Place one pending buy order 5 pips above high and one pending sell 5 pips belowe low.The two pending orders placed 07.00 London Time.
Its just this orders. If pending price are hit, we have a trade. So it can be zero, one, max two trades/day. Close all orders/trades 17.00 London time.

If You will read the manual its here: http://www.4shared.com/file/25509117...ng_manual.html


Best wishes
Elovv
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