{quote} I believe by now, anyone reading this thread up to this point should have known all about Casino and its plugins. There are some questions i don't expect to be asked on this system. But nevertheless, i'll answer your question. The SL is automatically placed at the tip of the previous candle. The 5pips you see, is the buffer to set the SL away from the previous candle in order to give it a little breathing space. You may increase the buffer if you like but i think the 5pips is more than enough for this strategy. I place the Trend break plugin...
{quote} Seriously, i don't know how to calculate the win rate in % but all i know is hardly will you have 1 or 2 losses out of 10 or at times 15. Most times you'll have up to 20 trades and rarely have 4 losing ones. Remember, to achieve this, you have to stick to your 10pip TP and not more. When a trendline breaks a support or resistance, it usually goes a long distance before a reatracement occurs. sometimes there are false breaks but this usually happens during non-active trading sessions (Tokyo). Even at the false breaks, it moves up to our 10pip...
{quote} sorry,I have my own method,so I have no need to try something else... You say that false breaks usually happens on asia?what about Asia breakout trap?stops hunting?Look at charts-you have so much missed opportunities using your fixed TP.Your system seems to be pure mechanical,in that they you don't keep in mind many emotional factors.Maybe instead of fixed TP-SL better use POI? I have seen many spreadsheets like yours on FF from many members and posts...they worked great for them...in their dreams...let's see how yours will work.
{quote} Thanks Murysco and I apologize if I bothered you with my question. Really I did not remember that feature, I got confused with the JSL. Sorry
{quote} You don't need any other filter for this Strategy as we are not looking for a long term trade. We only need our 10pip from that trade after the breakout and thats all for that day on that pair... no need to be greedy. But if you must use a filter, i'll suggest you use TRND along with it but this may limit the number of trades you're going to get. You don't need to sit around the PC after setting it up before the LO. Just come back later to bank your assured profits. MM
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{quote} If you want to use it for a Red News trading, its another aproach entirely. Watch this video on this post by Seller9 http://www.forexfactory.com/showthre...34#post8577634
{quote} You can set Use PIN1 as exit to false, you use that when you want to use the opposite PIN1 exit signal to trigger the close.
{quote} Ameen wa alaikum assalam. In the Casino properties, there's a field for your broker's time offset and the other one for your local time. You don't need to use your VPS time as Casino does not need this time info to work, it is for your own information only. What Casino needs to work with is the session time. You must use your VPS time in calculating the session you wanna trade. As for me, i set it to London open -1. All the best and see you in the millionaires' world.
