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Tools for forexhard's Stairstep Breakouts system

  • #141
  • Jul 26, 2011 2:50am Jul 26, 2011 2:50am
Quoting macman
Nice idea, do you also have an AIS transponder on board?

If so, let us have the vessel's name & we can track you real time at marinetraffic.com
No, we dont have an AIS transponder - I think we qualify as a High Speed Craft as we usually cruise at 22-25 knots, mainly in coastal waters.

We can frequently be found around 39.20šN 2.57šE
Trading Levels with WRBs
  • #142
  • Jul 26, 2011 3:06am Jul 26, 2011 3:06am
Quoting Islander
No, we dont have an AIS transponder - I think we qualify as a High Speed Craft as we usually cruise at 22-25 knots, mainly in coastal waters.

We can frequently be found around 39.20šN 2.57šE
LOL - bit faster than my elderly coastal sailing cat ....
  • #143
  • Jul 26, 2011 4:53am Jul 26, 2011 4:53am
Hi Steve,

This is a little off thread but I have been frozen out of your Multi-purpose trade management EA thread. (don't know why)

So please don,t squash me like a bug, all I would like to say is DITO to what panamamike has said in your Multi-purpose trade management EA thread.

and to be fair you did say bug me from time to time.

sorry for the interruption.

regards
JTH

panamamike
MembeR

Any chance a candlestick trailing stop can be added?

#765
Jul 19, 2011 10:43pm
SteveHopwood
MVp. I do not use the Royal 'We'.


Quote:
Originally Posted by panamamike
Any chance a candlestick trailing stop can be added?


Yes. Leave it with me and nag from time to time.

__________________
  • #144
  • Jul 26, 2011 6:07am Jul 26, 2011 6:07am
Quoting forexhard

Good luck!

FxH
Hi FxH,

Last night I read the original Stairstep Breakout thread after reading this one. The system looks clear to me, and seems to be VERY promising.

One question keeps popping up in my mind;
- Sometimes an extention from the small artifact can be several days or even weeks long, before a new CZ is formed.

When this happens, do you trade every breakout of this CZ-extension, or only the first one[s]?

More questions will come later...

Thanks in advance,
Best,

Gertjan
  • #145
  • Jul 26, 2011 8:45am Jul 26, 2011 8:45am
Quoting Zurathustra
With all of that said, be sure you are using the latest update of the indicator, because I am NOT seeing the same thing you are on a NZDUSD M15 chart. This is default settings for the indicator listed on page one of this thread. I can clearly see 3 opportunities to have profited on buys and 1 sell over the last few trading days. :0
Attachment
Hi Zurathustra,

It was the one I downloaded from page 9.

I got v1.8 running on Divisa Capital's MT, the header has the lines:

#define VERSION "v1.8"
#define DATE "2011.07.25"

Thanks.
  • #146
  • Jul 26, 2011 12:00pm Jul 26, 2011 12:00pm
Galen, I guess I didn't make myself clear, so let me try again: If you don't know what the indicators are searching for, then you have no business commenting on them. Before you do anything else you need to read my thread about Stairstep Breakouts and learn how to manually trade what you see there. Only then will these indicators & EA's make sense to you.

This goes for everyone...

FxH
To improve is to change. To perfect, is to change often.
  • #147
  • Jul 26, 2011 3:53pm Jul 26, 2011 3:53pm
Quoting mer071898
No disrespect here, but I think that is why Steve opened a secondary thread so the original thread does not get too diluted with changes to the original strategy. I agree that the CZ is the key and all I'm using the fibs for is for profit targets which has no correlation to the CZ except for using upper and lower parameters of the box.
Hi Mer,

Yes, a strong combination - check out this thread if you don't already know it - some interesting later posts

http://www.forexfactory.com/showthread.php?t=162886
  • #148
  • Jul 26, 2011 10:00pm Jul 26, 2011 10:00pm
Hi Mer
Not one day after... this guy is amazing...
Si les cons volaient, il ferait toujours nuit...
  • #149
  • Jul 27, 2011 1:56am Jul 27, 2011 1:56am
The Frankfurt Open signals the start of the European Trading Day and is well known for its frequent short term reversals - and thus failures to follow through on breakouts!

So far this morning a well signalled Lower High aound FO gave a drop to the bottom of the current BO Box, with the actual low of this swing around mid FH, so a good time to bank some profits and wait for The Brits and the London Open......
Attached Image (click to enlarge)
Click to Enlarge Name: jly 27 eu 15m 5m fo.gif Size: 46 KB
Trading Levels with WRBs
  • #150
  • Jul 27, 2011 2:39am Jul 27, 2011 2:39am
My use of v1.8 - I prefer to use my own fibs when I feel they may be useful - here there is an obvious confluence of support around the 38% retrace from yesterday's low to the overnight high.

I monitor a lower TF chart for my entries
Attached Image (click to enlarge)
Click to Enlarge Name: jly 27 eu 15m lo plus 30.gif Size: 33 KB
Trading Levels with WRBs
  • #151
  • Jul 27, 2011 4:44am Jul 27, 2011 4:44am
Another key post to read folks, at http://www.forexfactory.com/showthre...50#post4807750

Most of us had sussed this anyhow, but for any of you slightly confused it will jelp clarify the cz box size.

  • #152
  • Jul 27, 2011 5:37am Jul 27, 2011 5:37am
I've been using this sytem for about a week and trading it manually on demo. I'm a massive fan. Well done and thanks to Forexhard for bringing this to light. I have always used breakouts etc in my trading but the rules have always been ambiguous, but he has provided an ordered and disciplined structure to the method. To think he almost closed his thread down (there is hope for me and my 'rat face monster penis' method!!!)

So, Steve-o how is the development for the waiting EA for this method coming along?
  • #153
  • Jul 28, 2011 5:41pm Jul 28, 2011 5:41pm
In the last SQ-DynBo Indi Squalou change the value of
AutoBoxRangeDailyATRfactor to 0.2 (was 0.25)

You must change this settings in the EA for better box
My 2C
B
Si les cons volaient, il ferait toujours nuit...
  • #154
  • Jul 29, 2011 2:01am Jul 29, 2011 2:01am
Hey guys

I'm pretty sure I installed the EA and indicator properly. Chart loads up fine but the EA doesn't seem to take any trades... had to do manual trades which I like better but EA comes in handy when u r not at ur desk. Anyone else with this issue?

The indicator works well and is so good for manual trading just issues with the EA.

Apart from that...excellent job sq, steve & rest of the contributors!!!
  • #155
  • Jul 29, 2011 6:29am Jul 29, 2011 6:29am
Kodex
Look for your broker
ECN or not ECN ?
Good luck.... coz
I have an IBFX demo account running on.
Normally IBFX is not an ECN Broker, right ?
If I put ECN True = I have trade with NO tp and SL
If I put ECN False (that it should be) I have NO trade at all
Interesting isnt'it ?
B
PS FXXDD running pretty well
Si les cons volaient, il ferait toujours nuit...
  • #156
  • Jul 29, 2011 6:37am Jul 29, 2011 6:37am
IBFX are ECN, even though they try hard to pretend not to be. Their reasoning is known only to the deepest, daftest inner psyche of the gormless dimwit who came up with this idea.

I assume they do not want their 'valued clients' trading. It is a form of protection, after all.
  • #157
  • Jul 29, 2011 7:55am Jul 29, 2011 7:55am
Quoting Bert505
Kodex
Look for your broker
ECN or not ECN ?
Good luck.... coz
I have an IBFX demo account running on.
Normally IBFX is not an ECN Broker, right ?
If I put ECN True = I have trade with NO tp and SL
If I put ECN False (that it should be) I have NO trade at all
Interesting isnt'it ?
B
PS FXXDD running pretty well
Hi Bert

my broker is ECN. I just changed ECN to true. will now wait and see. i'm using their demo account.
Thanks
  • #158
  • Jul 29, 2011 7:57am Jul 29, 2011 7:57am
Damn. Just did a manual trade...S/L hit
see chart

http://i53.tinypic.com/macwhx.gif
  • #159
  • Jul 29, 2011 8:14am Jul 29, 2011 8:14am
Kodex
SL is part of the stuff.
You have to accept it...
Same as TP...

B
Si les cons volaient, il ferait toujours nuit...
  • #160
  • Jul 29, 2011 8:18am Jul 29, 2011 8:18am
Quoting SteveHopwood
IBFX are ECN, even though they try hard to pretend not to be. Their reasoning is known only to the deepest, daftest inner psyche of the gormless dimwit who came up with this idea.

I assume they do not want their 'valued clients' trading. It is a form of protection, after all.
Hi Steve
Don't know if they are "Crims..." but wako's...
Now what should I do with IBFX ?
In one case : NO trade
In the other : NO SL and NO TP !
Yes there are at least trades !

B
Si les cons volaient, il ferait toujours nuit...
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