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A Simple London Breakout V.2

  • #1,101
  • Feb 2, 2011 12:11am Feb 2, 2011 12:11am
Quoting Hariom
... Does anyone know if the London breakout EA(v1.3b) is working fine on mt4 platform? pls kindly share the current settings so that I can do the same on my chart. thanks.
Don't understand the question!

You choose settings to suit your own ideas. What if my settings are 4 lots and the fib martingale? Would you want them?

I do not use 0400 to 0700 either. Does that help? Not decrying you Cesarz18, that is your choice and I respect it. I am just trying to get this fellow to do what he feels is right. If he cannot do that he shouldn't trade.
  • #1,102
  • Feb 2, 2011 1:22am Feb 2, 2011 1:22am
Quoting Phreddy
Don't understand the question!

You choose settings to suit your own ideas. What if my settings are 4 lots and the fib martingale? Would you want them?

I do not use 0400 to 0700 either. Does that help? Not decrying you Cesarz18, that is your choice and I respect it. I am just trying to get this fellow to do what he feels is right. If he cannot do that he shouldn't trade.
Hi Preddy,

I could not figure out why the 3 Tier London Breakout v1.3b doesn't open any trades for me on alpari UK demo platform. For you info, I know about trading and have been exploring breakout system for a while. I do not use MARTINGALE. I am asking for help on how to make the EA works and would appreciate anyone who can tell me about the settings without martingale features. Thank you.
  • #1,103
  • Feb 2, 2011 9:43am Feb 2, 2011 9:43am
hi harion, preddy

my intesion is to help that also need help setting up the system, Preddy can tell us what time the EA work, harion I think when you go to the preset of the EA, should change in sendtrade false to true to enable EA. aditional i need to add same parameter to the EA preddy do you tell me if you know that how add 5 pip to the high and low breakout line, example that if the box show that the high level is 1.5960 add 5 pip more to open the trade, at 1.5965, thanks
  • #1,104
  • Feb 2, 2011 11:00am Feb 2, 2011 11:00am
Quoting cesarz18
hi harion, preddy

my intesion is to help that also need help setting up the system, Preddy can tell us what time the EA work, harion I think when you go to the preset of the EA, should change in sendtrade false to true to enable EA. aditional i need to add same parameter to the EA preddy do you tell me if you know that how add 5 pip to the high and low breakout line, example that if the box show that the high level is 1.5960 add 5 pip more to open the trade, at 1.5965, thanks
Hi Cesarz18,

The EA is working now on my mt4 platform after I've figured it out that the trade will only be executed the next candle after the "end time". I do not think this EA can allow us to input the no. of pips for the high and low breakout line. My own observation is that adding 1 to 2 pips will suffice for the breakout line.
  • #1,105
  • Feb 2, 2011 11:32am Feb 2, 2011 11:32am
hi hariom

perfect, i think taht you have a good idea to only add 2 pip to the breakout line, but how we can do that?
  • #1,106
  • Feb 2, 2011 11:58pm Feb 2, 2011 11:58pm
Quoting cesarz18
hi hariom

perfect, i think taht you have a good idea to only add 2 pip to the breakout line, but how we can do that?
hi cesarz18,

I have been using the 3-Tier London Breakout indicator for manual entry of trades. Perhaps, we can request the developer of the EA to add the feature for us to add the pips.
  • #1,107
  • Edited 1:31am Feb 3, 2011 1:15am | Edited 1:31am
Quoting Hariom
Hi Preddy, I could not figure out why the 3 Tier London Breakout v1.3b doesn't open any trades for me on alpari UK demo platform....
It works for me...out of the box so to speak. That's why I didn't understand the question. I use the hour before London open.

So it wasn't settings then?

There are lots of people that look at a thread, decide that it is a good idea then just ask about TFs, pairs etc without checking for themselves. There is an e-book with the EA that tells how to set everything up. Unless people read it they will not know how to set the thing up.

@ Cesarz Don't believe that the 'cushion' can be added. Actually I know that it cannot. It works on the basis on one, three or five trades; martingale or not by choice and even martingales by fib or any other set of numbers that one wants.

This EA has been written for Mer's trading system and to read his posts works well for him.

Lots of us don't want that. We want the EA to do what we want. I want a 5 pip SL when price comes back into the range: Don't want to pay five times whatever the range is when it doesn't just breakout and run for me. But for the fact that I have unreliable internet I would have gone live with this EA a month ago.

Mer and Squalou have pretty well moved on from this thread so I doubt that there will be any other changes to the EA.
  • #1,108
  • Feb 4, 2011 2:21am Feb 4, 2011 2:21am
Quoting cesarz18
hi hariom

perfect, i think taht you have a good idea to only add 2 pip to the breakout line, but how we can do that?
Hi Cesarz18,

I think you can adjust the "levelsresizefactor" for additional pips to the breakout lines.
  • #1,109
  • Feb 4, 2011 8:24am Feb 4, 2011 8:24am
does anyone know where i can find the rules for the CT strategy?
  • #1,110
  • Feb 6, 2011 6:43am Feb 6, 2011 6:43am
thanks hirom
  • #1,111
  • Feb 6, 2011 6:45am Feb 6, 2011 6:45am
thanks hirom
  • #1,112
  • Feb 12, 2011 7:00am Feb 12, 2011 7:00am
Hi xmph, I wondered if you had time to finish your stat analysis and could publish the results? Thanks.
r u ready?
  • #1,113
  • Feb 13, 2011 8:53am Feb 13, 2011 8:53am
Quoting Phreddy

Mer and Squalou have pretty well moved on from this thread so I doubt that there will be any other changes to the EA.
Why they moved on from this thread ? Do they stopped training with it ?
I'm using Google Translator.
  • #1,114
  • Feb 13, 2011 6:11pm Feb 13, 2011 6:11pm
Quoting Gajowy
Why they moved on from this thread ? Do they stopped training with it ?
Mer said that he was onto another project. Squalou, I don't know but I have seen other work that he does.

The EAs are done, there is a manual, now it is up to you.
  • #1,115
  • Feb 14, 2011 2:56am Feb 14, 2011 2:56am
quote: our initial entry points is the next candle to breach the box's edge.


1. May I ask a question please? Share I wait until a M15 candle closed and break the "box" with the closed price? Sometimes, the price "tests" the up or down side of the box, which puzzles me a lot. Could you please state the detailed entry strategy for me? Excuse for my awful English.

2. I run a demo account with your excellent strategy. So far, it works pretty good. But, I still don't know the risk of this system. Could you explain that please? Thank you very much! dude!
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  • #1,116
  • Feb 14, 2011 7:35am Feb 14, 2011 7:35am
Quoting zurin
Happy New Year 2011
I saw your signature of "at last i`ve found a holygrail......." I guess that perfectly matches you. So, could you please tell me about your trading system, and strategies. I'd like to learn more.Thank you very much and best wishes for the pips!

best regards,

Joey
  • #1,117
  • Feb 15, 2011 10:11am Feb 15, 2011 10:11am
Quoting hotjoey
I saw your signature of "at last i`ve found a holygrail......." I guess that perfectly matches you. So, could you please tell me about your trading system, and strategies. I'd like to learn more.Thank you very much and best wishes for the pips!

best regards,

Joey
hello,
this strategy is more on money management strategy compare to other system that depend much on indicators. Having good equity could give you much profit.
  • #1,118
  • Feb 15, 2011 7:50pm Feb 15, 2011 7:50pm
Hi everyone. I´m trying the 3 Tier London Breakout EA v1.3b.mq4 but doesn´t open any order.
Anyone knows what can be the problem ?
thankyouvery much...
  • #1,119
  • Feb 16, 2011 2:06am Feb 16, 2011 2:06am
Quoting arkan1976
Hi everyone. I´m trying the 3 Tier London Breakout EA v1.3b.mq4 but doesn´t open any order.
Anyone knows what can be the problem ?
thankyouvery much...
try page 74. maybe it could help.
  • #1,120
  • Feb 21, 2011 12:52pm Feb 21, 2011 12:52pm
Ok, thanks
And what is this " trading disabled by the criminal pillock. Please wait for him to get out of bed "
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