Simple Breakout System 70% Win Ratio Last 2 years (EA Needed) | Forex Factory

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Simple Breakout System 70% Win Ratio Last 2 years (EA Needed)

  • #1
  • First Post: Edited Mar 3, 2016 3:22pm Mar 2, 2016 4:52pm | Edited Mar 3, 2016 3:22pm
mm
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  • #2
  • Mar 2, 2016 8:53pm Mar 2, 2016 8:53pm
Please test.
Attached File(s)
File Type: ex4 Trade by HL.ex4   14 KB | 759 downloads
  • #3
  • Edited Mar 3, 2016 12:25am Mar 2, 2016 11:55pm | Edited Mar 3, 2016 12:25am
So, you watch high/low between 30 - 15 mins before London open using 1M chart. Right?
<EU 1M>
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #4
  • Mar 3, 2016 12:22am Mar 3, 2016 12:22am
Quoting heispark
So, you watch high/low between 30 - 15 mins before London open using 1M chart. Right? <EU 1M> {image} EDIT: Buy triggered. {image}
We have to add 11 pip buffer.
  • #5
  • Mar 3, 2016 12:24am Mar 3, 2016 12:24am
Quoting saad007
{quote} We have to add 11 pip buffer.
yes, you're right. My bad. The range is only 8 pips and I was confused...
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #6
  • Mar 3, 2016 1:13am Mar 3, 2016 1:13am
Hi Cizz,

This is what you asked for in the other thread.

Cheers.
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File Type: ex4 BreakOutBoxesV2.06.ex4   55 KB | 721 downloads
It Is Well With My Soul..(Amen)
  • #7
  • Last Post: Mar 3, 2016 11:01am Mar 3, 2016 11:01am
Quoting Cizz
lyHi guys i'm sharing this strategy in hopes to find to a simple Ea to trade the system Take High low 7:30 - 7:45Gmt Add 11 pip buffer gap to rule out fakeouts Place stop on other side of channel Take profit at 1:1 (can run 1:4 but I like winning more often) Thats it. Its at 85% win rate this year already INDI Attached Have manually backtested 2 years Will be looking to refine the strategy ruling out loses Possibly try different charts once backtest is available via EA {image}
What pair is that out of interest?

Also with the EA, do you want it to cancel opposite order once one order is triggered

IE: If buy order triggered, cancel sell order and vice versa?
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