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Attachments: Forex Breakout Direction Indicator
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Forex Breakout Direction Indicator

  • #61
  • Apr 8, 2016 2:22am Apr 8, 2016 2:22am
Quoting orientos
Understood thanks. What time do you suggest charts should be checked - before Frankfurt Open? BTW your PDF is exceptionally well set out and documented.
Thanks for the feedback!

I check the charts between 06:00am and 06.30am GMT
  • #62
  • Apr 8, 2016 4:59am Apr 8, 2016 4:59am
End if day update

GBPUSD = -45.6 pips
GBPCAD = +45.2 pips
GBPCHF = +19.9 pips
NZDUSD = +22.2 pips
AUDCAD = -44.5 pips

Total for day -2.8 pips
Account growth +1.11%

Will post end of day screenshots over weekend
  • #63
  • Apr 8, 2016 5:06am Apr 8, 2016 5:06am
End of week update

I closed the trades early on Friday as I quickly lost a false breakout trade on the GBPUSD and almost on the GBPCAD which came within a few pips of hitting the stoploss. Once the orders pulled back I closed all my orders for a daily target of 1% account growth, which resulted in 1.11%

It's been the best week so far with total pips banked at 725 and a amazing account growth of 32.32%.

Below are the weekly, monthly and two year to date figures. You can also see which pairs I've traded

w/c 04.04.16
Pips gained = 725.2
Account growth = 32.32%
Pairs traded AUDCHF NZDCHF NZDUSD EURCAD EURJPY GBPCAD GBPUSD GBPCHF AUDCAD

w/c 28.03.16
Pips gained = 102.60
Account growth = 4.6%
Pairs traded GBPUSD GBPJPY EURCAD CADJPY NZDJPY USDCAD GBPCAD EURGBP CHFJPY

w/c 21.03.16
Pips gained = 129.60
Account growth = 3.4%
Pairs traded CADJPY EURNZD CHFJPY EURJPY USDJPY EURCHF GBPJPY

w/c 14.03.16
Pips gained = 223.60
Account growth = 10.86%
Pairs traded EURJPY USDCHF EURCAD GBPUSD NZDJPY CADCHF

April 2016
Pips gained 725.2
Account growth 32.32%

March 2016
Pips gained = 455.80
Account growth = 20.3%

2016 since using Myfxbook
Pips gained 782.6
Account growth = 35.38%

2016 since 14.03.16
Pips gained = 1238.4
Account growth = 59.1%


Why not start you two week trial now? Brand new fresh indicator for Monday? See more at www.forexbreakout.co.uk

Have a great weekend

Craig
Away From Keyboard Forex
  • #64
  • Apr 8, 2016 1:41pm Apr 8, 2016 1:41pm
PayPal payment for 2-weeks trial has been sent with additional e-mail with MT4. Still waiting for response.
  • #65
  • Apr 8, 2016 2:26pm Apr 8, 2016 2:26pm
Quoting krager
End of week update
Great work Krag. I have checked your fxbook. It looks promising. I hope you will keep the DD% low. Since you linked your fxbook link , and it seems fair enough to let people know what you are doing. I am thankful to you that rather starting a circus, you turned to be a good. Many congratulations. Keep up the good work.
Forex; the game of movements not the game of candles.
  • #66
  • Apr 9, 2016 12:23am Apr 9, 2016 12:23am
Quoting MasterGuru
PayPal payment for 2-weeks trial has been sent with additional e-mail with MT4. Still waiting for response.
Hi mate, I will send these over Sunday morning, I have a big family event kicking off over the weekend, hope that is ok.

(I also work full time, I don't have access to FF at work, so any question or trial request can take upto 24 hours for me to respond)

Speak soon
Craig
  • #67
  • Apr 9, 2016 12:27am Apr 9, 2016 12:27am
Quoting sajidkust
{quote} Great work Krag. I have checked your fxbook. It looks promising. I hope you will keep the DD% low. Since you linked your fxbook link , and it seems fair enough to let people know what you are doing. I am thankful to you that rather starting a circus, you turned to be a good. Many congratulations. Keep up the good work.
Many thanks!

Aim is to keep DD% around 10-13% max!

Cut your losers short and all that...

Are you on the trial?

I had so many people contacting me over the last few days, it's hard for me to know who' who!

Thanks again for the feedback,

Craig
  • #68
  • Apr 9, 2016 12:44pm Apr 9, 2016 12:44pm
Fridays trades, which screenshots

GBPUSD = -45.6 pips - hit SL
GBPCAD = +45.2 pips - hit TP
GBPCHF = +19.9 pips - closed manually for 19.9 pips, if left to run it would of made 45 pips
NZDUSD = +22.2 pips - closed manually for 22.2 pips, if left to run woul dof been breakeven
AUDCAD = -44.5 pips - closed manually for 45 pips lost, if left to run it would of made 60 pips

Total for day -2.8 pips
Account growth +1.11%
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCAD 06.50.png Size: 147 KB
Click to Enlarge Name: AUDCAD END OF DAY.png Size: 139 KB
Click to Enlarge Name: GBPCAD 06.50.png Size: 144 KB
Click to Enlarge Name: GBPCAD END OF DAY.png Size: 138 KB
Click to Enlarge Name: GBPCHF 06.50.png Size: 132 KB
Click to Enlarge Name: GBPCHF END OF DAY.png Size: 133 KB
Click to Enlarge Name: GBPUSD 06.50.png Size: 133 KB
Click to Enlarge Name: GBPUSD END OF DAY.png Size: 136 KB
Click to Enlarge Name: NZDUSD 06.50.png Size: 139 KB
Click to Enlarge Name: NZDUSD END OF DAY.png Size: 142 KB
  • #69
  • Apr 10, 2016 3:49am Apr 10, 2016 3:49am
Just a quick thank you for the 14 members that have started the trial and the first member that has purchased the full license Forex Breakout Direction Indicator and EA

Many thanks

Lets hope we have a good week this week!

Regards

Craig
Away From Keyboard Forex
www.forexbreakout.co.uk
[email protected]

(Trial priced fully refundable when full product purchased)
  • #70
  • Edited 7:24am Apr 10, 2016 6:59am | Edited 7:24am
i have a question
about nzdusd 8/04/2016

your indicator give a sell on 0.67705

the nzdusd never touch the 0.67705 its the sell point breakout on your indicator

and why you make a sell on 0.6872 to close an 0.67850

could you tell me so its another strategy?

excuse me about the question i only need understand the way you run


???
04.08.2016 11:28 04.08.2016 12:30 NZDUSD Sell 0.66 0.68072 0.67850 22.21h 2m1.44%
last trade on your myfxbook



End if day update

GBPUSD = -45.6 pips
GBPCAD = +45.2 pips
GBPCHF = +19.9 pips
NZDUSD = +22.2 pips
AUDCAD = -44.5 pips

Total for day -2.8 pips
Account growth +1.11%

Will post end of day screenshots over weekend
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.png Size: 57 KB
  • #71
  • Apr 10, 2016 9:06am Apr 10, 2016 9:06am
Juan007, please don't worry about asking questions! I'd prefer people to ask to fully understand then not to!

The rules of the system oare on the PDF document which you would recieve when you purchase the Indicator or EA.

Please look at the chart of the NZDUSD, and the info on the right hand side of the chart

The indicator will inform the trader of sale set ups -

Pending orders of Sale Stops (below the range box) to be set-
0.67705
SL = 0.68105
TP = 0.67505

0.67705
SL = 0.68105
TP = 0.67305

0.67705
SL = 0.68105
TP - 0.67105

0.67705
SL = 0.68105
TP = 0.66705

and then a pending order of a Sale Limit (above the range box, False Breakout) at-

0.68070
SL = 0.68520
TP = 0.67620

The first rule is, if the Sale Stops trigger, delete the Sale Limit. If the Sale Limit trigger, delete the 4 Sale Stops.

As you can see from the chart, the Sale Limit order was triggered first.

I was luckly enough to close this trade early for 22 pips profit, if this was left to run, it would still be around breakeven.

The reason I closed early, is that I set myself a daily account growth target (between 1% and 3%), as soon as that is reached I will close all my trades unless there is clear signs of markets reaching other take profit levels.

Hope that answers your question.

Craig
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD END OF DAY.png Size: 142 KB
  • #72
  • Apr 10, 2016 9:12am Apr 10, 2016 9:12am
I will post my results for comparison (will also connect to Trade Explorer).

For those subscrubers who have not figured it out yet, the showcase account has traded the following pairs so far:
Attached Image
  • #73
  • Apr 10, 2016 9:21am Apr 10, 2016 9:21am
Quoting MasterGuru
I will post my results for comparison (will also connect to Trade Explorer). For those subscrubers who have not figured it out yet, the showcase account has traded the following pairs so far: {image}
Great idea!

I switch on my indicator on any pair that has a spread of 10 or below.

Are you going to set and forget your trades, or close on a daily account target?

Also are you use the EA?

Best regards
Craig
  • #74
  • Apr 10, 2016 9:26am Apr 10, 2016 9:26am
To quote MasterGuru!

 

  1. "0.5% per day is all you need to get rich..." — MasterGuru

  • #75
  • Apr 10, 2016 9:29am Apr 10, 2016 9:29am
Quoting krager
{quote} Great idea! I switch on my indicator on any pair that has a spread of 10 or below. Are you going to set and forget your trades, or close on a daily account target? Also are you use the EA? Best regards Craig
Yes, I am using the provided EA as I plan to see how it functions as a "set and forget" strategy (i.e. "away from keyboard").

I might add a trade manager EA to close all trades and shut down MT4s when daily target is achieved. (EA is enclosed for those who are interested.)

@krager

It would be great if you could post the entire list of pairs you potentially trade.
Attached File(s)
File Type: ex4 Equity Sentry v1.4c.ex4   46 KB | 290 downloads
  • #76
  • Apr 10, 2016 9:29am Apr 10, 2016 9:29am
Quoting krager
To quote MasterGuru! "0.5% per day is all you need to get rich..." MasterGuru
  • #77
  • Edited 11:33am Apr 10, 2016 9:34am | Edited 11:33am
Quoting MasterGuru
{quote} Yes, I am using the provided EA as I plan to see how it functions as a "set and forget" strategy (i.e. "away from keyboard"). I might add a trade manager EA to close all trades and shut down MT4s when daily target is achieved. (EA is enclosed for those who are interested.) @krager It would be great if you could post the entire list of pairs you potentially trade. {file}
Thanks for that useful EA!
As requested, all potential pairs I trade are

AUDCAD
AUDCHF
AUDJPY
AUDNZD
AUDUSD
CADCHF
CADJPY
CHFJPY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDUSD
USDCAD
USDCHF
USDJPY
  • #78
  • Apr 10, 2016 11:01am Apr 10, 2016 11:01am
Quoting krager
{quote} Thanks for that useful EA! As requested, all potential pairs I trade are AUDCAD AUDCHF AUDJPY AUDNZD AUDUSD CADCHF CADJPY CHFJPY EURAUD EURCAD EURCHF EURGBP EURJPY EURNZD EURUSD GBPAUD GBPCAD GBPCHF GBPJPY GBPNZD GBPUSD NZDCAD USDCAD USDCHF USDJPY
Thank you for the list!

Since it is a pretty long list and applying the saved template to each chart ONE-BY-ONE - especially after making minor changes - can be an arduous task, so I am enclosing a "Copy template to all charts" script.

By this script it is enough to apply a template to one chart then the SCRIPT copies it to all other charts. Please note: if you had a MyFxBook EA on one chart it will be also overwritten, so it has to reapplied.
Attached File(s)
File Type: mq4 Copy template to all charts script.mq4   1 KB | 302 downloads
  • #79
  • Apr 10, 2016 11:04am Apr 10, 2016 11:04am
@krager

What is the recommended Lot % setting per pair to target 1-3% daily gain? (Does "Lot Value" have to be set to "0.00" to use Lot %?)
  • #80
  • Apr 10, 2016 11:15am Apr 10, 2016 11:15am
Quoting krager
{quote} Thanks for that useful EA! As requested, all potential pairs I trade are AUDCAD AUDCHF AUDJPY AUDNZD AUDUSD CADCHF CADJPY CHFJPY EURAUD EURCAD EURCHF EURGBP EURJPY EURNZD EURUSD GBPAUD GBPCAD GBPCHF GBPJPY GBPNZD GBPUSD NZDCAD USDCAD USDCHF USDJPY
Also I wonder if NZDCHF, NZDJPY and NZDUSD were left out of the list intentionally as these pairs had been traded on the account shown on MyFxBook.
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