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Daily Break Strategy

  • #581
  • Jan 8, 2013 7:03am Jan 8, 2013 7:03am
Quoting Fadyshehata
HI Basber at first i want to say thxxxxxxxxxxx a lot for ur strategy i am a new in Forex from 1 year ago and i want to begin with Daily Break Strategy but i want u post the summery for this strategy and explain the EA i work on FXDD GMT+2 begin with Monday

thx a lot to deathbait
Hi and welcome to thread

I'm really not good with EAs. I prefer to set the orders manually because I sometimes widen targets for TP2. I think deathbait should explain about the EA when he comes around ..

Good luck for 2013

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #582
  • Jan 8, 2013 7:28am Jan 8, 2013 7:28am
Quoting Fadyshehata
HI Basber at first i want to say thxxxxxxxxxxx a lot for ur strategy i am a new in Forex from 1 year ago and i want to begin with Daily Break Strategy but i want u post the summery for this strategy and explain the EA i work on FXDD GMT+2 begin with Monday

thx a lot to deathbait
Hi,

First off, I've got to apologise. I can no longer support the EA. Someone offered to pay me a couple of months back to modify the EA to his preferences, and I took a serious long and honest look at it and found a couple of problems with it that was caused by the casual way I wrote it at the beginning. Patching out bugs and logic errors just compounded the problem, and it's now a mess. Workable yes, but still a mess.

I came to the conclusion I would need to rewrite it from scratch, but then some personal stuff crept up on me and so it remains as one of the many half written EAs in my dev folder. I do hope one day to finish the rewrite, but it won't be soon. As such, I'm caught in the middle : unable to provide and updated copy, and no longer familiar enough with the old EA to give advice or do a quick bugfix.

For those of you who are wondering, yes I've been running the last version of the old EA live on one of my older accounts, and no it has not been making money in the last few months. I wonder if Basber has had better results?
  • #583
  • Jan 10, 2013 3:06pm Jan 10, 2013 3:06pm
thx a lot

Quoting Basber
Hi and welcome to thread

I'm really not good with EAs. I prefer to set the orders manually because I sometimes widen targets for TP2. I think deathbait should explain about the EA when he comes around ..

Good luck for 2013

Regards,
Basber
  • #584
  • Jan 10, 2013 3:07pm Jan 10, 2013 3:07pm
thx a lot

Quoting deathbait
Hi,

First off, I've got to apologise. I can no longer support the EA. Someone offered to pay me a couple of months back to modify the EA to his preferences, and I took a serious long and honest look at it and found a couple of problems with it that was caused by the casual way I wrote it at the beginning. Patching out bugs and logic errors just compounded the problem, and it's now a mess. Workable yes, but still a mess.

I came to the conclusion I would need to rewrite it from scratch, but then some personal stuff crept up on me and so it remains...
  • #585
  • Jan 11, 2013 9:15am Jan 11, 2013 9:15am
Hello Basber,

have you compiled the EA first ? EAs must be compiled and .ex4 file used

Sorry if I didn't understand you

Quoting Basber
Hi Andrej,

It doesn't appear on my screen. It doesn't even placed in indicator list when I apply it. Is it only my problem ?!

Regards,
Basber
  • #586
  • Jan 17, 2013 12:16pm Jan 17, 2013 12:16pm
Quoting deathbait
Hi,

First off, I've got to apologise. I can no longer support the EA. Someone offered to pay me a couple of months back to modify the EA to his preferences, and I took a serious long and honest look at it and found a couple of problems with it that was caused by the casual way I wrote it at the beginning. Patching out bugs and logic errors just compounded the problem, and it's now a mess. Workable yes, but still a mess.

I came to the conclusion I would need to rewrite it from scratch, but then some personal stuff crept up on me and so it remains...
I'm doing fine with it DB ....
Trading methods are designed to put the odds in our favor, not predicting.
  • #587
  • Jan 17, 2013 12:38pm Jan 17, 2013 12:38pm
Quoting Andrej7
Hello Basber,

have you compiled the EA first ? EAs must be compiled and .ex4 file used

Sorry if I didn't understand you
Thanks Andrej
Trading methods are designed to put the odds in our favor, not predicting.
  • #588
  • Apr 28, 2013 10:30am Apr 28, 2013 10:30am
Why did this thread die? It's a good solid method
  • #589
  • Apr 29, 2013 12:08am Apr 29, 2013 12:08am
Quoting sheppy
Why did this thread die? It's a good solid method
because the have found the treasure , now they busy with the money


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  • #590
  • Aug 8, 2014 9:53am Aug 8, 2014 9:53am
This is one of the most accurate and simplest strategies that any trader can use for one of his long term portfolio. Compound your profits and you'll be successful in a couple of years . You can imagine that if you were to start with $1000 and compound at 1% return everyday using this same strategy , You would hit one Billion dollars in not a century or a decade but only 5 years and 4 months .

Trading and being successful is not easy but is simple if you don't let your primal instincts kick in . ​
  • #591
  • Jun 9, 2015 3:22am Jun 9, 2015 3:22am
Quoting Basber
Update : It is prefered not to enter "Second Entries" after US session ... Regards, Basber
Hello Basber,
Thank you for your post....the Fib system and the EA. I'm currently testing the EA on a demo now. However, it doesnt seem like the EA enters Second Trades! Yesterday I used this EA and found out it did not enter Second trade after the Buy trade was triggered. Again, my broker is a 5-digit broker, so I had to adjust by adding zeros to Pip difference. Has there been any major changes since then in your EA? What about the second trades?
Forex is Simple but definitely NOT Easy!
  • #592
  • Feb 9, 2017 6:33am Feb 9, 2017 6:33am
USDCHF struggling to break the previous daily High, time to go short?
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  • #593
  • Feb 10, 2020 11:36am Feb 10, 2020 11:36am
Anyone still trading this system??
  • #594
  • Last Post: Mar 12, 2024 4:02pm Mar 12, 2024 4:02pm
Quoting 4xx
Hi, at first I want to thank Basber for this really nice trading system! I saw someone coded an indicator for this trading system. But I decided to code my own one 'cause I need some special features and want to support more timeframes in future versions. The current version will only work in the H1 timeframe. It can create a forecast for the next day (you need to enable chart shifting for this). Available settings are: - StartHour is the hour of the day that is used to start the calculation - Forecast will enable or disable the forecast...
Ea
Forex is Simple but definitely NOT Easy!
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