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Forex Breakout Direction Indicator

  • #341
  • Apr 20, 2016 11:26am Apr 20, 2016 11:26am
Quoting krager
{quote} Page my settings in the picture above are is correct, so ADX start time is 5 hours behind ADX end time. Ea end time 1 is NOT box end time, it's later in the day i.e 22.00 Thanks for pointing this out
in your excell file is 7 hours and knwo you say 5 hours

please confirm Craig
  • #342
  • Apr 20, 2016 11:56am Apr 20, 2016 11:56am
Craig, euraud could be in our list this morning. Bottom of the box were below 50 EMA. What can you say?
Attached Image (click to enlarge)
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  • #343
  • Apr 20, 2016 12:12pm Apr 20, 2016 12:12pm
Quoting Paqe
Craig, euraud could be in our list this morning. Bottom of the box were below 50 EMA. What can you say? {image}
Page, please use common sense. Could it be? Possibly. But then it would be a higher risk trade. With all the pairs available to trade...why get hung up on this??
  • #344
  • Apr 20, 2016 12:51pm Apr 20, 2016 12:51pm
Quoting aagarcia
{quote} Page, please use common sense. Could it be? Possibly. But then it would be a higher risk trade. With all the pairs available to trade...why get hung up on this??
Not all pairs. Just above %70. Today could be 15 pairs. Let's have a look.

AUDCHF - %100 BUY - (+60 pip)
AUDJPY - %90 BUY - (+46 pip)
AUDNZD - %70 SELL - (Not triggered)
EURCHF - %100 BUY - (Just i gave 116 pips today)
EURGBP - %100 SELL - (+22 pip)
EURNZD - %80 SELL - (Not triggered)
GBPAUD - %90 SELL - (+60 pip)
GBPCAD - %70 BUY - (Not triggered)
EURAUD - %100 SELL - (+75 pip)
GBPJPY - %100 BUY - (Range was too high- No Trade)
NZDCHF - %70 BUY - (Triggered at 16:30GMT, i don't know)
NZDJPY - %100 BUY - (Not triggered)
NZDUSD - %100 BUY - (Not triggered)
USDJPY - %70 BUY - (+51 pip)
GBPCHF - %90 BUY - (+99 pip)

All pips 18:30 GMT. What are you thinking now? I'm just brainstorming. and just wondered what Craig thought.
  • #345
  • Apr 20, 2016 1:56pm Apr 20, 2016 1:56pm
My trades triggered for today minus the FLEX-EA which is a different system.
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  • #346
  • Apr 20, 2016 1:57pm Apr 20, 2016 1:57pm
And floating still
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  • #347
  • Apr 20, 2016 3:43pm Apr 20, 2016 3:43pm
Quoting Paqe
{quote} Not all pairs. Just above %70. Today could be 15 pairs. Let's have a look. AUDCHF - %100 BUY - (+60 pip) AUDJPY - %90 BUY - (+46 pip) AUDNZD - %70 SELL - (Not triggered) EURCHF - %100 BUY - (Just i gave 116 pips today) EURGBP - %100 SELL - (+22 pip) EURNZD - %80 SELL - (Not triggered) GBPAUD - %90 SELL - (+60 pip) GBPCAD - %70 BUY - (Not triggered) EURAUD - %100 SELL - (+75 pip) GBPJPY - %100 BUY - (Range was too high- No Trade) NZDCHF - %70 BUY - (Triggered at 16:30GMT, i don't know) NZDJPY - %100 BUY - (Not triggered) NZDUSD - %100 BUY...
What I'm trying to say is that there is a conservative approach to this (there will be at least 2-3 pairs where the box is fully away from the MAs the majority of the time) and an aggressive approach like what you presented. What is your risk appetite? Then apply that....
  • #348
  • Apr 20, 2016 3:47pm Apr 20, 2016 3:47pm
Quoting krager
I will re-write the manual tomorrow, which will also include the new settings on the new version on the indicator
Hi Krager, can the EA function as an indicator only? That is, show breakout entries but not execute?
  • #349
  • Apr 20, 2016 5:55pm Apr 20, 2016 5:55pm
Sorry guys, I'm unwell at the moment, will get back on here once I got rid of this bug
  • #350
  • Apr 20, 2016 6:58pm Apr 20, 2016 6:58pm
Quoting krager
Sorry guys, I'm unwell at the moment, will get back on here once I got rid of this bug
Feel better, thanks for your contributions
  • #351
  • Apr 20, 2016 10:18pm Apr 20, 2016 10:18pm
These are the pairs i have set up for the LONDON OPEN for today.
USD/JPY BUY 100% RED NEWS
USD/CHF BUY 93% RED NEWS
NZD/CAD SELL 79%
GBP/USD CHF 79% RED NEWS
GBP/CAD SELL 71% RED NEWS
EUR/USD SELL 100% RED NEWS
EUR/CHF BUY 100% RED NEWS
EUR/CAD SELL 79% RED NEWS
CHF/JPY SELL 93%
CAD/CHF BUY 79%
AUD/CHF BUY 100%
AUD/CAD SELL 71%

Do you guys trade through the red news or close before the red news?
  • #352
  • Apr 21, 2016 2:52am Apr 21, 2016 2:52am
I sent my MT4 account number to your email.
Creditors have better memories than debtors.
  • #353
  • Apr 21, 2016 6:59am Apr 21, 2016 6:59am
Forex Breakout Direction Indicator v3 now out

New thread can be found here

http://www.forexfactory.com/showthre...41#post8885441
  • #354
  • Apr 21, 2016 7:00am Apr 21, 2016 7:00am
THREAD NOW CLOSED
  • #355
  • Last Post: Jan 26, 2017 1:49am Jan 26, 2017 1:49am
Quoting krager
THREAD NOW CLOSED
Forex Breakout Direction Indicator v6 system here
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