Extracted Thread (per thread starter's request)

First of all I want to make it clear I'm not jumping on you for your suggestions to Forexhard. But reading your post brought up my firm belief that I can't imagine (or personally know since he's a friend of mine) that there isn't anything about the SSBO system that Forexhard hasn't thought about or worked with.

I know he's put in thousands of hours working it, refining it, tweaking it until it's become one of the most popular and free systems available here at the FF.

Forexhard stayed with me about a week a year or two back, and when I saw that he was working on yet another grid/martingale system I slapped him along side the head a couple of times to try and knock some sense into him, as any experience I had up to that point with those types of strategies were dismal failures. Now - out of respect probably for my wife, he didn't beat the crap out of me in response.

So now I sit, still with a lot of egg on my face for ever doubting him, and I'm patiently waiting for the release of the upcoming EA, which I know absolutely will be far superior to the 15 or 20 commercial EA's I've purchased over the last 15 years or so.

So I rattled on a bit. I guess all I wanted to say, to anyone thinking an improvement can be made with the SSBO as it is today, I can guarentee you, Forexhard has undoubtably considered all possible avenues in respect to making the SSBO profitable!

A quick P.S. And a very grateful thank you to the coders that have worked on developing the EA, especially to Xux99 who deserves the biggest hand of all!

Sorry if this has been posted before. I read the first 15-20 pages, though may have missed a post of two when on smartphone.

So a range is created over 25 bars at 30 pips.
Then the range doesn't get broken over the next few bars, but now the last 25 bars would actually form a new, smaller range. Should this smaller range be used for entry? Or should the original range from the first 25 bars be kept and traded once broken.

Using the indicator on the first post the box range seems to be extending, not adjusted for a tighter range, but cant see any option if it a subjective choice.

Wish every morning was like this.

1. Well-defined Asian session
2. Are the big dogs bidding lower or higher this morning?
3. Wait for a reversal (nice trick) and enter...
4. ...or confirm our breakout and enter.

FxH breakout confirmed, 25p target hit just in these minutes.

Thank you again for teaching us how to trade with confidence! At least I'm getting more and more confident to return to my live account.

Sorry if this has been posted before. I read the first 15-20 pages, though may have missed a post of two when on smartphone.

So a range is created over 25 bars at 30 pips.
Then the range doesn't get broken over the next few bars, but now the last 25 bars would actually form a new, smaller range. Should this smaller range be used for entry? Or should the original range from the first 25 bars be kept and traded once broken.

Using the indicator on the first post the box range seems to be extending, not adjusted for a tighter range, but cant see any option if it a subjective choice.

Fx654, please read all the thread before posting : FXH tries to keep this thread with posts of high quality, that is no newbie question already answered many many times before.

Please read all pages and you will have the answer to all your questions.

Thank you.

Good morning everybody
I continue with my handbox and this week start very well.....
+ 30 pips approx......
Regards

P.S. I read all thread for 2nd time and start to read for 3th time......it's like a
drug.......!!!!!!! Frank

UCHF went straight to TP this morning. Entered GU and EU on the rally, now setting up again.

FH you have made a request on more than one occasion for traders to share their experience using your Stairstep methodology with you. I do not post very often; if you check my history, you will notice that I did a journal on FF years ago. I got lost in the wasteland of inconsistency and futzed around trying different things never really coming up with a fundamental basis for anything I was doing.

So here is my experience with your methodology so far.

I have seen your thread many times and may of have clicked on it once or twice. I just remember I didn’t get it so I moved on because it wasn’t what I was looking for, even though I had no idea what I was looking for. A week ago I actually read your first page of the thread and was hooked. I just resonated with your presence.

I then read the entire thread, downloaded every indicator, drew box’s and learned the history of the new indicator and liked what others were experiencing.

I made test trades, using daily, 4 hour, 1 hour, 30 min, 15 min, 5 min and 1 min box’s. I tweaked the new indicator for hours to get the maximum number of pips. Somewhere along that process; I realized that the wrong areas of my brain were excited. My “aha” was that I was form fitting an indicator to past market conditions thinking that would be my future. Big Yacht here I come Yeah Baby.

The aha happened when I was making a little 2 pip change and the big pip win number on the indicator came up a big looser. To define the forex market so tightly is a sure path to failure. Also, I quickly realized the pips on the indicator were short of what the market would give me if I stuck to the methodology.

So I erased everything and sat back to look at the problem again – How do I define a Quality trade that is in alignment with my lifestyle? Upon reflection, I came up with a new definition of a quality trade, (thanks to your guidance) that works for me and re-calibrated the indicator for each currency I intend to trade to reflect my new focus. I then hid all the settings from my eyes so the box would not detract me from my business; trading the current market instead of a form fitted indicator. I am now in the process of completing 40 trades using different currencies to find my bread and butter. My indicators settings will stay the same. As I write this I know that along the way I will experience another aha moment that will send me back to the drawing board. I look forward to that day.

I want to thank you and everyone who has contributed to this thread in an honest and thoughtful manner. Someday, I will post a chart or two and give you an idea on how I am playing the game on the field you built with such loving care.

My short order on EU 15M TF got stopped out on the opposite side of the CZ, so now I am long but I wonder whether it is good idea to trade on the USA election day?

I think no, market too choppy waiting for a big event.

I did the same mistake...

But tomorrow the market will probably take a trend so it will be good to trade.

Sorry guys can someone explains me better the martingale box option? In the "final edition guide" in the first chart i see 2 consecutive losses -24 and -24, then 1 in profit +24. But the count is -24, -48, +96. But i think the real gain is -24...Or not?

Got stoppped out on the long trade too.

Hmmm . . . I just picked up 142 demo pips on that. Out at 1.2811. Have not reached satisfaction with E/U settings but it worked for me there.

On demo everything works , Dude! Try the real money and then tell us about the results!

At the time of your post EU had only moved 57 pips for the day. It would be very enlightening if you could post your chart so we could see how you achieved 142 pips.

Thank-you in advance.

MM

3rd time lucky, eh?

Why not? Multiple entries ... stacking trades ... scaling in ...

Just depends how you count 'em.

Like I said, not yet sorted to my liking, worked for me this time but like the man said -"everything works on demo" Nothing clever about it. Not one of my favoured pairs for this method as yet - .

I too was long EU.

So what you're saying is that it's OK to claim that my 1.2 lots on that trade were actually 12 separate .10 lots, and when I closed at 25 pips profit, I could state that all 12 entries closed for 25 pips each for a total gain of 300 pips..you're kidding me right?

MM

Bingo!....this is to easy....
lol

doji

Good morning everybody
after an altalenant election day, this morning a TP ring, wake me up.....
Great + 40 pips.....
Regards everybody Frank