The indicator is available on page 2 of this thread and was kindly posted by the originator of the thread......nomoretoxic.
I have only recently started using this indicator and so although early results look promising, I am not in a position to say whether it will be profitable long term.
If you do test it, posting your results would be very much appreciated.
I Can't believe this thread is what? 14 years old? I came here and probably none of the participants are active - As for me, I began trading I guess around 2004 can't even remember - Now I am more invested into hard assets like office space buildings etc. All thanks to trading. But I still trade - it's fun .
I normally come to this site for the calendar and honestly I forgot completely about this thread. I decided to trade exclusively futures, including currency futures. Spot forex/market makers was not a place for me. Too many issues with data , requotes etc.
The idea of this system/strategy etc is to teach how to be disciplined and stick to your rules no matter what. No system is bullet proof and the main lesson you must learn is that, no matter what you use, losing is part of this business. I've been a succesful trader because i knew that from the start. This box/breakout strategy was made under the asumption that , once the market break the box either side, there's a high probablity that won't return to the other side of the box, hence giving the opportunity for profit on the side of your trade. This system has been a part of my trading toolbox, with some minor variations.
I was thinking about closing this thread I mean, it's 2023 time flies and probably people as moved on but, won't hurt to leave it as it is. After all , it's part of FF history rigth?
Thanks to all the people who flooded my inbox I am still reading the mesages LOL! Thank you very much from the bottom of my heart!!
