Extracted Thread (per thread starter's request)

Hey Dzt,
Yes, I have a couple of pairs where I miss the first trade or two. Most of the meat is made on the 3rd trade plus on many of my settings

Thanks for the info as always!
/Begins new hunt

PS your TPO indi you shared a while a go is really something Its doing a great job of picking support and res for some 'inter-scalps' as i call them

Hi Kerigan, Just wanted to update this post as it came to mind recently (thanks to Dzts Q for the promt) that I didnt mention in it that ~from what I understand and have seen~ that you dont need to view the Cz trades in this way alone to be profitable - you can be profitable trading the Cz BOs in a few different ways than trading 'all breakouts and covering losses on subsequent trades' type approach that i mentioned. I have settings where I dont even look at them until they reach 3rd trade and use 'weighted' MM approach on them to be profitable in the longer term - not just profitable / BE for each individual Cz. I guess I was just focusing on my main strategy and how I went from trading on 1st Trade breakout only to my general approach.
I hope you werent thinking i was poopying on your approach, it wasnt my intention!
In the end im still learning the ways of the SSBO system and the many ways to trade it. So in 3 months I could realize that some of the ways I do it now could be wrong/greatly improved and im sure theres plenty of other ways to do it that i never even contemplated. plenty of pondering left for me :nerd:

God Im spamming the thread recently, sorry!


Question for the longer term SSBOers if they are any around!

When the Czs 'break down' for you (IE when a trusted setting on a pair goes from a 100% in 4 trades over 200DB to a 100% in 5 trades all of a sudden) is there any telltale signs that one can look out for to give you a chance to predict it?
I had one with UJ last week (where 4 trade settings became 5 for the first time), sadly i over traded the first 4 trades a bit and cost me a few weeks earnings as I didnt take the 5th trade to make BE (mainly cos the markets just closed at the new signal for the weekend and there was a gap when they opened again on Sun)

Anyway, it got me thinking about possible tell signs for this to try predict it - I notice that many settings I have (if I add more Days back to the indi) that have 100% in 5 trades will have more 4th Trades than the others. Suggesting that the more 4th trades there are recorded, the more likely a 5th will appear.
Ofc, there are a million reasons as to why a set up might suddenly go from 100%4trades to 6/7/8+ trades out of no where. but would be nice to share some experiences to see if there are any tell signs to make it easier to catch the predictable ones at least!

Similarly, do you find that CZs break down after x amount of time on average or do you find the longer they last the longer they should last going forward? IE do you find that Czs that have a 100% in 4 trades after 200days are more likely to get a '5th trade break down' sooner than one that had a 5th trade break down 100 days back? Or do you find that the longer a setting lasts with 4 trades max the longer its likely to keep surviving without reaching 5 trades?
I dont think this is predictable exactly, but I tend to see trades behave like buses: none come past for ages then they all come at once. What I mean is that I find some settings have mostly a series of 1st Trade TP successes over the course of a few weeks, then a 4th trade will come along out of no where, then another soon after the first one, then no 4th trades again for weeks.
I am answering my own question here a bit, but would be good to get others experiences on this cyclical pattern too!

My particular UJ circumstance I mentioned could have been caused by bad luck during all this higher volume we've had these last few weeks, but i noticed there were only 1st and 2nd trade TPs for the last 3-4 weeks and no 3rd or 4th trade since ages. and when I look back to the time gap between 4th trades they seem to bunch up.
Now that I had a 5th trade break down im wondering is that likely it for ages and it should get back to 4 trades 100% as normal, or should i expect another 5th trade soon...

(god i hope that calms down soon, not getting many good Czs recently with all this volatility! Many of my 2~3PW settings are now 1PW if Im lucky... shame the sun went on holiday this week and not me!)

can any one tell me which post has latest SSBO indicator? Do any one know why indicator stops drawing new CZ until I reload the indicator?

On xux99's website, the adress is on his profile page. http://www.forexfactory.com/xux99

You can find final edition of " AuthorizedSSBODynamicBreakoutBox" in this post:
http://www.forexfactory.com/showthread.php?p=6409730#post6409730 (Post 5,034)

Posted by FOREXHARD (developer XuX99)

P:S.:SSBO indicator with ALERT created by same developer "XuX99" here:
http://www.forexfactory.com/showthread.php?p=6392368#post6392368 (Post 4,955)

That are not the latest versions, I guess. http://qforex.ml/

GU-Night, Thank you for link!. I found SSBO indicator and EA for this system. Who is developer of these tools? Do you know? he is from FF?

No thanks, it is xux99. www.forexfactory.com/xux99 (http://www.forexfactory.com/xux99)

Keep the thread alive!

m1 CZ's.

this method is mostly effective on which time frame ? m15 ?

I like 5m for some pairs, 30/1hr for others but 15m for most. Its preference really, and each pair 'responds' better in different TFs - the principles of CZ are the same for all pairs / TFs though.

Good morning to all

Thanks for this indicator Forexhard

Very well thought
Very good idea of strategy


Deputy indicator version fully compatible with the new version of MT4

a greeting

Hermo

So far, I am content to draw and move the boxes. the indicator puts a lot of info on the screen which i find a bit distracting... lol.

That being said, the indicator is great for research.

Thanks to all the posters for making this method so clear.

Hey Blaiserboy, if you use the newest SSBODynamicBreakoutBox indicator at www.qforex.ml (http://www.qforex.ml) also made by xux99, you can make the the indicator looks like the way you want. In the picture below all colors are the same as the background color except the bufferlines. Also chartdisplay is set to “0” instead of “123”. Maybe it helps


EDIT: I don’t know why xux99 didn’t post that indicator in this thread, that is why I don’t post it either in this thread.

good morning GU-Night

I am studying this topic

And I like to have the latest version of the indicator, which figuara the link below "http://www.qforex.ml/"

You say you have it,

When I try to download it gives me an error in the rar file.

Could you give me the pointer contained in that link please.

As you said in the previous post, I will not be publishing on any site.

Best regards and thank you very much for your information.

Hermo

My email is ([email protected])

excellent when used with vsa R/S volume to confirm pls put oco from 14 to 8 into VSA volume if u work in mt5
and more tick indicators for confirm break ))
thanks at all

or this ,, only for confirm real RS and no rebounce (false breakout )

http://www.mql5.com/en/market/product/6430

Hi,


Is there an AuthorizedSSBODynamicBreakoutBoxFinalEdition.mq4 using the ATR instead of setting the no. of pips yourself? Because the indi does not display CZ on higher TF, H1 and above and I doesn't want to keep changing settings when I change TF. Pls advise, Thanks.

Thanks.