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  • #5,421
  • Feb 16, 2013 12:36am Feb 16, 2013 12:36am
Quoting bmpearsall
that is an awesome feature!
Glad you like it. I'll be here all week! Try the veal, and be sure to tip your waitress!
To improve is to change. To perfect, is to change often.
  • #5,422
  • Feb 16, 2013 2:41am Feb 16, 2013 2:41am
I thınk ıts worth puttıng ıt out there agaın even amongst all thıs ındıcator talk - ıs anyone usıng thıs system just by eyeballıng atm?
  • #5,423
  • Feb 16, 2013 4:30am Feb 16, 2013 4:30am
Yesterday was a loser, been expecting it. Things were going too well. Still, can't win them all, I'll be more concerned with the monthly report.

EUR/JPY -29.5 pips (late evening breakout, slept through successful recovery 1)
CHF/JPY -33.1 pips (Same as above, successful recovery 1 missed)
AUD/USD +36 pips (Recovery 1)

Total -26.6 pips.

Slow day yesterday, not many boxes. Still have a EUR/USD open, plus a EUR/GBP in a recovery 2 trade. I wouldn't usually trade more than 1 recovery but this is my most successful pair. I will no longer be trading the late evening boxes, too much chance of sleeping through the recovery.

Sorry FH, no charts today, I'm very busy and I'm installing the new version of the indi, 8 pairs to set up. I will be sure to post them in future.
  • #5,424
  • Feb 16, 2013 5:12am Feb 16, 2013 5:12am
Hey 47,

I got stung on eur/jpy also! I was up. 100 pips then it swung around.


My biggest issue these days is trade management. fxhard has made it clear that this is up to us, but now it's the hardest part for me. This system is very clear about trade entry, trade exit is another issue. I'm trying to get that balance between greed and maximising what a trade could give me. I also struggle with setting appropriate stops so that r:r is reasonable.


Cheers,

Ben
  • #5,425
  • Feb 16, 2013 5:19am Feb 16, 2013 5:19am
Hi Fexitrade,

I'm now using the indi, but you still need to use your discretion to enter a trade. Sometime this thread has got bogged downed with talk about indi settings. However, fxhard has numerous times said this is a naked trading system and I totally agree. If the indi shows me a box, I consider its quality, not just automatically put on trade. Your ability to judge it's quality is by doing the excercises recommended in the first few posts.

If you're still working manually its going to make your trading of this system very concrete.


Cheers,

Ben
  • #5,426
  • Feb 16, 2013 9:43am Feb 16, 2013 9:43am
Quoting oztrader79
Hi Fexitrade,

I'm now using the indi, but you still need to use your discretion to enter a trade. Sometime this thread has got bogged downed with talk about indi settings. However, fxhard has numerous times said this is a naked trading system and I totally agree. If the indi shows me a box, I consider its quality, not just automatically put on trade. Your ability to judge it's quality is by doing the excercises recommended in the first few posts.

If you're still working manually its going to make your trading of this system very concrete....
Ben, I am VERY encouraged by your last few posts. Looking foward to seeing your forward charts...

(PS, why the name change?)
To improve is to change. To perfect, is to change often.
  • #5,427
  • Feb 16, 2013 9:53am Feb 16, 2013 9:53am
I know that the savviest among us have come to realize that the pips shown in Net Pips is actually not. Because the indi does not yet account for Spread. The good news is that Xux and I have figured out a way to make it happen! So not only will the next release give a true Net Pip accounting, it will also update the Net Pips with every tick!

This is one update that even I'm really looking forward to!
To improve is to change. To perfect, is to change often.
  • #5,428
  • Feb 16, 2013 10:02am Feb 16, 2013 10:02am
Quoting bimboforex
hi, still struggling with the stat display on my chart. some vital info on it are not displaying. e.g NET PIPs. i have uninstalled the indicator, put the new one, restarted, the platform even restarted my computer. but its still the same. i used all the default setting from the indicator apart from from the display font size that i changed to 11 to see if it will fix the problem. please find attached chart . will appreciate any help.

I was experiencing the same problem with this, but I was notice that if my number of trades per sets reduce to 1 -4 , I can view all of the statistics, but if I have to put 6 trades then it goes the problem.. it was shifted down some of the stats... appreciate the help...
  • #5,429
  • Edited 2:43pm Feb 16, 2013 2:17pm | Edited 2:43pm
Quoting forexhard
Paradox, let's play a game:

I hand you a baseball and I tell you that you must toss it 100 times at a target down the way.

But, it's a weird magical baseball, with strange properties. Because 70 to 80 of those ball tosses are going to reverse direction halfway to the target and come back and hit you right between the eyes. OUCH!!!

You don't know which tosses will do this, but you do know that at least 70 of them will.

So then, how do you prepare for this game? Do you want to...
I am on post 2,480 and havent seen anyone address this question from Forexhard, which I believe is one of the most important posts I have read thus far.

I thought the answer lay in moving a stop loss once a trade has started positively towards the target.....am I on the right track?

It is bugging me so much I cant continue on without someone addressing it......


Ps or it is just a suggestion that Paradox do his homework........
I think its worth rehashing for the more senior members as well,

any comments are appreciated!

Murf
  • #5,430
  • Feb 16, 2013 9:22pm Feb 16, 2013 9:22pm
Quoting RideWinners
It is bugging me so much I cant continue on without someone addressing it......
Use a soft ball and let it hit you. (trade small positions relative to your account so losses are painless.)

Buy a big bat and learn to swing it. (have an authentic edge.)

Play the percentages. No shame in small gains, but you'll lose the match if a few don't go over the fence.
  • #5,431
  • Feb 17, 2013 12:49am Feb 17, 2013 12:49am
Quoting razortron
I'm a little bit baffled. I have taken to snapshot a appr. 1 - 2 minutes apart from each other. The difference is that the first pictures uses no template what so ever. It is just a clean graphic of the eur / usd, with the final dynamic breakout box indicator applied on it. The second graph is taken 1 minute later , only I use a custom template and after that I apply the dynamic breakout box. Why is there so much different. Hence for picture one the box has broken out of the top. Picture 2 shows the price has entered the czone from beneath. Could...

EURUSD Chart 1... 21 Bars, 28 Pips on M15

EURUSD Chart 2... 35 Bars, 25 Pips on M15

Hmmm, I wonder why the results are different...


Have fun!

Radar5k =8^)
  • #5,432
  • Feb 17, 2013 5:18am Feb 17, 2013 5:18am
Here is my 60 min chart at close on Friday - looks like a good box forming there. Monday be slow with hols in the US.
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  • #5,433
  • Feb 17, 2013 7:58am Feb 17, 2013 7:58am
Hello everybody and thank you FXhard to take time to share your trading strategy with everybody.
I would like to know which are the main changes between the last indicator (lets call it "blue box" coz there are no version number)
and the new one "braun box"

for example on the same chart same settings
blue box gives +558 pis for 100 days
braun box gives -125 pips for 100 days

It must be a great changes for such a huge difference...
  • #5,434
  • Feb 17, 2013 10:34am Feb 17, 2013 10:34am
Quoting airx3000
Hello everybody and thank you FXhard to take time to share your trading strategy with everybody.
I would like to know which are the main changes between the last indicator (lets call it "blue box" coz there are no version number)
and the new one "braun box"

for example on the same chart same settings
blue box gives +558 pis for 100 days
braun box gives -125 pips for 100 days

It must be a great changes for such a huge difference...
Noob of the week number 1

  • #5,435
  • Feb 17, 2013 2:02pm Feb 17, 2013 2:02pm
Quoting forexhard
Ben, I am VERY encouraged by your last few posts. Looking foward to seeing your forward charts...

(PS, why the name change?)
thanks.


I signed up to ff a couple years ago but have just been quietly reading in the background. This is the first thread Im actively engaging in and now that I'm posting more, I just didn't want my username to be same as my personal name on a public forum.
  • #5,436
  • Feb 17, 2013 6:00pm Feb 17, 2013 6:00pm
Quoting C345
Here is my 60 min chart at close on Friday - looks like a good box forming there. Monday be slow with hols in the US.
And there we go
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  • #5,437
  • Feb 17, 2013 6:02pm Feb 17, 2013 6:02pm
I know you've all missed me.....but I'm back.....started my new job so time is currently limited.

Its amazing the speed of development that's happening with the indicator. I should be back up and running and posting charts ASAP. Keep up the good work FXH and Xux. Thanks for the voucher Xux by the way....much appreciated.

Blatantly fishing for one more voucher here (to get 4 so I can dish them out!) but its only because I'm desperate to vouch for FXH and Xux because, frankly, its the least I can do to show my appreciation!

Much love!
  • #5,438
  • Feb 17, 2013 11:43pm Feb 17, 2013 11:43pm
A.w.o.l. post more charts or some great insights like you've done before and I'm sure a vouch will come, honestly! just asking for one, no matter how good the intentions, well.....


but Im looking forward to some of your great posts again.


Ben
  • #5,439
  • Feb 17, 2013 11:45pm Feb 17, 2013 11:45pm
Quoting A.w.o.l
I know you've all missed me.....but I'm back.....started my new job so time is currently limited.

Much love!
I like your word

Anyway this is my first post here after a long time silent, I just read but do nothing as I am lazy to post as I don't want to write the wrong word .
I like the system, BKO (breakout strategy) was the first strategy that I learned 4 years ago from the paying trading room and that trading room is now bankrupt (maybe paying to much for the professional teacher ).

From my opinion, we can make some pips using this system.
Thank to FH for the system and for XUX as a Programmer.

I think the EA is on the way as the indicator that XUX make is not a normal one but it's already calculated as an EA, maybe I am wrong

Thanks.
  • #5,440
  • Feb 17, 2013 11:48pm Feb 17, 2013 11:48pm
On that note, Im watching Eur/Gbp. I really like this pair, during the asian session (I'm in Australia) it often enters a nice consolidation period then breakouts during London.... let's see, up or down I don't care but either way I'll be ready for the break out.

(pls don't comment on my settings, they are relative, I'm just focused on this CZ)
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