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Breakout Strategy - Simple and good RR

  • #21
  • Nov 13, 2012 5:23pm Nov 13, 2012 5:23pm
Hi dvanderlinde!

You have the similar system as mine. However, i have coded the EA but have not been backtest yet. I upload the EA here, so you could play around with the code. Please let me know if you need any amendment or something. And share with us with the good result.

Please put the TPeriod.mqh into folder c:/Program files/[Your broker mt4]/expert/include/*.*

EA Parameter Explain
extern string Trade_Period = "1D"; //"4H"=4 hours, "1D"=Daily, "1W"=Weekly, "S2"=UK+US Sessions
extern int Time_Diff = 2; //Your broker time minus GMT time in hours. 2 meaning 2 hours different
extern double lots = 1; //Contract to buy per trade
extern int SD = 10; //Stop loss distant in pips
extern int TD = 10; //Target distant in pips
extern int GD = 10; //Pending order distant in pips

The EA is just for hypothesis test. Therefore it does not include any money management.

Thanks.
Attached File(s)
File Type: mqh TPeriod.mqh   3 KB | 498 downloads
File Type: mq4 PRICE SCALP.mq4   7 KB | 509 downloads
  • #22
  • Nov 13, 2012 9:34pm Nov 13, 2012 9:34pm
Quoting ~bull.bear~
Hi dvanderlinde!

You have the similar system as mine. However, i have coded the EA but have not been backtest yet. I upload the EA here, so you could play around with the code. Please let me know if you need any amendment or something. And share with us with the good result.

Please put the TPeriod.mqh into folder c:/Program files/[Your broker mt4]/expert/include/*.*

EA Parameter Explain
extern string Trade_Period = "1D"; //"4H"=4 hours, "1D"=Daily, "1W"=Weekly, "S2"=UK+US Sessions
extern int Time_Diff = 2;...
Thanks a million bull.bear!

I will test and optimize and share my results when I'm done!

Thanks,

Dustin
  • #23
  • Nov 13, 2012 11:56pm Nov 13, 2012 11:56pm
Quoting AmberLynn
It appears that this thread is going no where. Which is the reason why I took the time to explain what the definition of a breakout was. Along with examples which proves my point. Not to mention. Learning is done by BUILDING on someone elses foundation.
Thanks so much, I am now satisfied with your explanation and intention.
  • #24
  • Nov 14, 2012 3:25am Nov 14, 2012 3:25am
Quoting AmberLynn
I understand Clive. Well, if I could make a suggestion. Instead of saying" YOUR SYSTEM SUCKS, because I have backtested it." Let us try to patch the holes which it has.
I think we have got off on the wrong foot here my friend.There seems to be a bit of a misunderstanding.

I didn't say this system sucks. Not guilty. I would never say any system sucks as I have traded long enough to know what works for one guy doesn't work for another. Its the trader that usually sucks not the system.

And I couldn't agree more with you that working together with like minded individuals is the way to go for sure, thats the reason I posted here in the first place was because of your interest in the 1 min chart. I whole heartedly agree with you that if we can create a successful 1 minute strategy then we have cracked it for sure.

If the thread starter is happy to discuss it here then fine, lets go for it, but might be better to start a new thread about 1 minute trading strategies rather than diversify here.

Thats all I was saying so good luck with your 1 minute strategy and I would love to discuss further.

All the best clive.
Feel the Fear and do it anyway!!!
  • #25
  • Nov 14, 2012 4:55am Nov 14, 2012 4:55am
Quoting clivepackham
I think we have got off on the wrong foot here my friend.There seems to be a bit of a misunderstanding.

I didn't say this system sucks. Not guilty. I would never say any system sucks as I have traded long enough to know what works for one guy doesn't work for another. Its the trader that usually sucks not the system.

And I couldn't agree more with you that working together with like minded individuals is the way to go for sure, thats the reason I posted here in the first place was because of your interest in the 1 min chart....
Good morning Clive. I was not referring to something you mentioned. I was referring to what the creator of post number 11 mentioned.
  • #26
  • Jun 30, 2013 11:13am Jun 30, 2013 11:13am
Hey all! Someone ask me code an EA which is the same as this thread. So i come back here again.

I think there are some bug/problem with the EA that i uploaded in earlier post. I will cleanup the earlier post with the bug EA.
Now i have built the EA again, so the EA did exactly the same as mentioned in post 1.

I have backtest it with EURUSD, but result is bad. So please do the necessary to improve the system.

Thanks.
Little contribution to FF.
Attached File(s)
File Type: mq4 Scalping V2.mq4   11 KB | 596 downloads
  • #27
  • Jun 30, 2013 12:16pm Jun 30, 2013 12:16pm
@dvanderline: How is your strategy working? Have not seen this thread until now and I got curious how it turns out for you!?
  • #28
  • Jul 1, 2013 1:42am Jul 1, 2013 1:42am
The color changes posted by OP don't make any sense to me.

maybe a temple upload so we can see what he's trying to say.
  • #29
  • Last Post: Aug 6, 2013 1:43am Aug 6, 2013 1:43am
what i think bout this system...
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