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Trap Breaker

  • #41
  • Jun 14, 2015 8:42am Jun 14, 2015 8:42am
Quoting dagoods
{quote} ..does it do a range based on the entire candle being between the range? fr example i'd like to have it so that i can identify it has x number of entire candles in the range...
Yes, so far, but as I mentioned I was thinking of applying it to close instead of high/low. may be I can provide both options.

Quoting dagoods
{quote} .. also crucial to me to identify which came first the low of the range or the high of the range.
No. I am sure there is a BIG SECRET behind this request

It can be done, by using different colors based on which came first ...
No guts, no glory
  • #42
  • Jun 14, 2015 8:47am Jun 14, 2015 8:47am
Quoting abokwaik
{quote} Yes, so far, but as I mentioned I was thinking of applying it to close instead of high/low. may be I can provide both options. {quote} No. I am sure there is a BIG SECRET behind this request It can be done, by using different colors based on which came first ...

lol no big secret actually. just to know what came first so i know if i am trading a reversal or a continuation. If i'm making rules for stops etc. I'm thinking that reversals require more room for stops and bigger targets. That's all.

PS i'm not sure just applying the indicator to the close will have the desired effect. Maybe, but i really don't know.... i'm more interested in the thread i linked in the above post and avoiding the ranges, or trading reversals....I'm going to keep delving into this though ...lets see what other traders say and how it develops
  • #43
  • Jun 15, 2015 5:10am Jun 15, 2015 5:10am
Version 2 of Trap Breaker

with added inputs :

- Use Close Price : Default false so it will use high/low of range. Set to true to test on Close Price instead.
- One Order Cancels the Other : OCO, Default True, so when one order is triggered the others get canceled. Set to false is you want to keep both orders.
- Expiry Bars : Set to number of bars (of current time frame) for Other Order Expiry if previous input set to false.
Attached File(s)
File Type: ex4 Trap_Breaker_EA_02.ex4   11 KB | 1,072 downloads
No guts, no glory
  • #44
  • Jun 25, 2015 11:45am Jun 25, 2015 11:45am
Quoting abokwaik
Version 2 of Trap Breaker with added inputs : - Use Close Price : Default false so it will use high/low of range. Set to true to test on Close Price instead. - One Order Cancels the Other : OCO, Default True, so when one order is triggered the others get canceled. Set to false is you want to keep both orders. - Expiry Bars : Set to number of bars (of current time frame) for Other Order Expiry if previous input set to false. {file}

Ramadan Kareem Khalil,

Thank you for the great work, I will start test it from today on demo.

I am thinking in a way to relate the range size to lot size, i will try this in manual mood.

Regards
Winning isn't Everything...Winning is THE ONLY THING
  • #45
  • Dec 30, 2015 9:20am Dec 30, 2015 9:20am
We can add this(trap breaker) EA H-L lines according to selected number of bars.And put these lines extra orders.And eitherly it wont close the orders on aim profit level and trail with selected distance of pending inverse type order.İt will close the orders when touch this pending level and new inverse order will be opened on there.İ hope ı could tell what ı ment.
  • #46
  • Jan 3, 2016 4:17am Jan 3, 2016 4:17am
Those two EA are different from the first trap breaker on robot factory isnt it
  • #47
  • Jan 26, 2016 1:56pm Jan 26, 2016 1:56pm
Quoting abokwaik
Version 2 of Trap Breaker with added inputs : - Use Close Price : Default false so it will use high/low of range. Set to true to test on Close Price instead. - One Order Cancels the Other : OCO, Default True, so when one order is triggered the others get canceled. Set to false is you want to keep both orders. - Expiry Bars : Set to number of bars (of current time frame) for Other Order Expiry if previous input set to false. {file}
Thank you Khalil. I was wondering if it would be possible to implement this kind of TrapBreaker format for semi auto/manual trading?
Attached Image (click to enlarge)
Click to Enlarge Name: Trap Breaker.png.png Size: 31 KB
  • #48
  • Jan 26, 2016 4:31pm Jan 26, 2016 4:31pm
LITEchild,

This thread may have everything you need.

http://www.forexfactory.com/showthread.php?t=302007

They have an indicator and an EA with a lot of bells and whistles.
  • #49
  • Jan 26, 2016 4:38pm Jan 26, 2016 4:38pm
Quoting waltini1
LITEchild, This thread may have everything you need. http://www.forexfactory.com/showthread.php?t=302007 They have an indicator and an EA with a lot of bells and whistles.
Thank you Waltini. Ill look it over and see.
  • #50
  • Jan 27, 2016 2:11am Jan 27, 2016 2:11am
Quoting LITEchild
{quote} Thank you Khalil. I was wondering if it would be possible to implement this kind of TrapBreaker format for semi auto/manual trading? {image}
Hi LITE,

It's been a while.

Trap Breaker seems to be lost in the traffic.

With respect to your request, yes, it is possible. Although this concept can not be back tested. (Unless you fix it for a specific hour of the day for example).

In your posted chart, did you deliberately select the Inside Bar ?
No guts, no glory
  • #51
  • Jan 27, 2016 6:54am Jan 27, 2016 6:54am
Hi Abokwaik , Thanks for sharing The indicator. I downloaded the indicator and put it on chart , but nothing appeared on my chart. what's wrong with it?
  • #52
  • Jan 27, 2016 7:46am Jan 27, 2016 7:46am
Quoting kasrafx
Hi Abokwaik , Thanks for sharing The indicator. I downloaded the indicator and put it on chart , but nothing appeared on my chart. what's wrong with it?
Range Detective 1 & 2 are Indicators,
While
Trap Breaker 1 & 2 are Expert Advisors.

Are you referring to Range Detective ?
No guts, no glory
  • #53
  • Jan 27, 2016 10:16am Jan 27, 2016 10:16am
Quoting abokwaik
{quote} did you deliberately select the Inside Bar ?
Very much so Khalil. That is why I am interested in SemiAuto/Manual mode of trading this. CZs (consolidation zones) are NOT all the same. I have worked out a way to personally select the CZs to trade, and those to ignore. This involves a mix of discretion, technical analysis, price-action, indicators and time-action. Too involved to code in Range Detective format. But once an appropriate CZ is identified, its a money spinner. Stops are well defined at Trap borders(except Hedging and Martingale is enabled of course). 1:1 RR ensures a high winrate. Again, overall success of course hinges totally on selecting the right CZs to start with. Attached is another zone I identified in todays trading.
Attached Image (click to enlarge)
Click to Enlarge Name: Trap Breaker2.png Size: 22 KB
  • #54
  • Aug 28, 2016 3:59pm Aug 28, 2016 3:59pm
Hi Abokwaik

Just wondering if you have time to ad 2 functions to range detective indi.

1.If the range is broken down like on the image then we get second rectangle (we can define the amount of pip breakeout) if the price move back and don't reach the amount of pips and break the upper side of the range then we don't get this second rectangle.

2.Ratio between the range and the break rectangles

Thanks for all your work
Attached Image (click to enlarge)
Click to Enlarge Name: detective.PNG Size: 19 KB
  • #55
  • Jan 26, 2017 9:16am Jan 26, 2017 9:16am
Quoting abokwaik
{quote} Refresh History bars that are >= History Bars Input Parameter
Hi abokwaik...I have been trying to load the indicator on my chart but when I attach it to the chart it disappears and how do I refresh history bars that are >= History Bars Input Parameter?Thank you.
Goal of a successful trader is to make the best trades. Money is secondary
  • #56
  • Jan 28, 2017 10:33am Jan 28, 2017 10:33am
same problem here ... indicator not showing anything
  • #57
  • Jan 28, 2017 10:41am Jan 28, 2017 10:41am
same thing for me, the range indicator dont appear or charts.
  • #58
  • Jan 28, 2017 11:18am Jan 28, 2017 11:18am
Quoting Forexpinbar
{quote} Hi abokwaik...I have been trying to load the indicator on my chart but when I attach it to the chart it disappears and how do I refresh history bars that are >= History Bars Input Parameter?Thank you.
Try reducing history bars. You can set it to 1000 or 2000.

Quoting hooshoo
same problem here ... indicator not showing anything
Quoting metta87
same thing for me, the range indicator dont appear or charts.
It depends on the setup.
For 5-digit brokers range size is in points to for 20 pips you set it to 200 points.

Example on EU with setting shown on the chart.

Attached Image (click to enlarge)
Click to Enlarge Name: TB_2.png Size: 49 KB
No guts, no glory
  • #59
  • Jan 28, 2017 4:01pm Jan 28, 2017 4:01pm
This is a new version of Range Detective with few additional options.

Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 39 KB
Attached File(s)
File Type: ex4 RangeDetective3.ex4   17 KB | 981 downloads
No guts, no glory
  • #60
  • Jan 28, 2017 4:38pm Jan 28, 2017 4:38pm
Instead of trading the breaks, seems like the expert might have potential as a scalper within the range.
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