Daily Break Strategy | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BB break + trendline break 24 replies

The Daily Break Out Strategy 29 replies

Looking for L > Break High Break Low Indicator 1 reply

Simple break-out strategy for trading daily chart 19 replies

A break below - A Break Above Question 1 reply

Attachments: Daily Break Strategy
Exit Attachments

Daily Break Strategy

  • #481
  • Aug 11, 2012 6:42am Aug 11, 2012 6:42am
Hi all, does this EA trade Monday to Friday?
  • #482
  • Aug 11, 2012 7:48am Aug 11, 2012 7:48am
Seems like the market has found a way to beat this EA this year.
  • #483
  • Aug 11, 2012 7:51am Aug 11, 2012 7:51am
Quoting Schminner
Hi all, does this EA trade Monday to Friday?
It's supposed to. Recent changes have been made to Monday trading logic though, and the whole thing really is still in beta, so definitely don't put it on live till you're comfortable
  • #484
  • Aug 11, 2012 7:53am Aug 11, 2012 7:53am
Quoting Schminner
Seems like the market has found a way to beat this EA this year.
Really not unlike early 2010. Drawdowns are to be expected
  • #485
  • Aug 11, 2012 7:54am Aug 11, 2012 7:54am
Quoting deathbait
Really not unlike early 2010. Drawdowns are to be expected
Have you found a somewhat decent settings and pairs to trade or backtest?
  • #486
  • Aug 11, 2012 8:06am Aug 11, 2012 8:06am
Quoting Schminner
Have you found a somewhat decent settings and pairs to trade or backtest?
Barber uses it only on eurusd
  • #487
  • Aug 11, 2012 11:29pm Aug 11, 2012 11:29pm
Hello Basber,

Your daily breakout strategy is awesome one. I am a newbie to forex. I have only default fibonacci retracement indiactor in mt4. Can I get fibonacci indicator like I saw in your posted image.

THIS IS MY MT4 DEFAULT:
Attached Image (click to enlarge)
Click to Enlarge Name: mt4 default fibonacci retracement indicator.jpg Size: 159 KB


THIS IS WHAT I SAW IN YOUR POSTED IMAGE:
Attached Image (click to enlarge)
Click to Enlarge Name: db0.jpg Size: 79 KB


Thanks in advance.
  • #488
  • Aug 12, 2012 1:26am Aug 12, 2012 1:26am
Quoting haridivya
Hello Basber,

Your daily breakout strategy is awesome one. I am a newbie to forex. I have only default fibonacci retracement indiactor in mt4. Can I get fibonacci indicator like I saw in your posted image.

THIS IS MY MT4 DEFAULT:
Attachment

THIS IS WHAT I SAW IN YOUR POSTED IMAGE:
Attachment

Thanks in advance.
Kindly double click the red line in your fibonacci, then change the setting as describe at #1. then you will get it. Cheers.
  • #489
  • Aug 12, 2012 2:43am Aug 12, 2012 2:43am
Quoting xptitan
Kindly double click the red line in your fibonacci, then change the setting as describe at #1. then you will get it. Cheers.
i got it thanks lot
  • #490
  • Aug 13, 2012 6:09am Aug 13, 2012 6:09am
Here my monday pic...the box is wrong.

My setting is:

Sunday_open_hour: 0
DayStartOfweek: 0

Thanks in advance.
Attached Image (click to enlarge)
Click to Enlarge Name: 13-08_bo.gif Size: 36 KB
"Being picky only cost your time - not MONEY"...Hans
  • #491
  • Aug 13, 2012 6:19am Aug 13, 2012 6:19am
your daystartofweek should be 1

since the week starts at 0000 monday server time.
  • #492
  • Aug 13, 2012 6:53am Aug 13, 2012 6:53am
Here the pic with daystartofweek 1...
Attached Image (click to enlarge)
Click to Enlarge Name: 13-08_bo.gif Size: 21 KB
"Being picky only cost your time - not MONEY"...Hans
  • #493
  • Aug 13, 2012 9:45am Aug 13, 2012 9:45am
Quoting deathbait
your daystartofweek should be 1

since the week starts at 0000 monday server time.
My broker doesn't have sundays, so my settings is
Sunday_open_hour: 0
DayStartOfweek: 1

Box also wrong, hope what helps, seems issue with sunday-monday still exist
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 23 KB
  • #494
  • Aug 14, 2012 12:45am Aug 14, 2012 12:45am
Quoting Chattle
My broker doesn't have sundays, so my settings is
Sunday_open_hour: 0
DayStartOfweek: 1

Box also wrong, hope what helps, seems issue with sunday-monday still exist
The time function in the code has become overly complicated, and I'll need to rewrite it when I have the time.

Can I just confirm with the both of you, that you the screenshots were taken on platforms that were running the EA BEFORE the market opened on sunday/monday?

I ask, because I know that there are instances where the box will not draw correctly if applied after the open
  • #495
  • Aug 14, 2012 1:37am Aug 14, 2012 1:37am
Quoting deathbait
Can I just confirm with the both of you, that you the screenshots were taken on platforms that were running the EA BEFORE the market opened on sunday/monday?
Yes, my platform was opened before market open, I am sure
  • #496
  • Aug 14, 2012 2:37am Aug 14, 2012 2:37am
How to set break even automatically. I mean if the price reaches my first take profit level, then half of the lot size will automatically close and remain half of lot size will be continue till my second target level?
  • #497
  • Aug 14, 2012 3:36am Aug 14, 2012 3:36am
Is there anyway to have a stop-loss function added to this EA?

Or have it use the opposite end of the extreme as a stop-loss.

Lately, it seems to get stopped out way too early from the whiplash before trending.
  • #498
  • Aug 14, 2012 3:53am Aug 14, 2012 3:53am
u can change the SL yourself. The EA should not override your changes.
  • #499
  • Aug 14, 2012 3:57am Aug 14, 2012 3:57am
Quoting deathbait
u can change the SL yourself. The EA should not override your changes.
Externally or in the codes?
  • #500
  • Aug 14, 2012 3:58am Aug 14, 2012 3:58am
on your platform of course.

if you change the code, there's nothing i can do to help you
0 traders viewing now