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Forex Breakout Direction Indicator & EA v6 (Set & Forget)

  • #41
  • Jan 25, 2017 9:37am Jan 25, 2017 9:37am
Slight edit to indicator v6.1 and EA v6.1 now being sent out to customers

Regards
Craig
www.forexbreakout.co.uk
[email protected]
  • #42
  • Jan 25, 2017 12:00pm Jan 25, 2017 12:00pm
Due to slippage by Broker, I got in slightly later then the exact entry price, but still banked 63.8 pips on the GBPUSD today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD 25.01.17.png Size: 44 KB
Click to Enlarge Name: Trade Report 25.01.17.png Size: 7 KB
  • #43
  • Jan 25, 2017 12:04pm Jan 25, 2017 12:04pm
Winning trades on the USDCHF and EURGBP today with the v6.1 indicator and EA

www.forexbreakout.co.uk
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBP 25.01.17.png Size: 44 KB
Click to Enlarge Name: USDCHF 25.01.17.png Size: 51 KB
  • #44
  • Jan 25, 2017 12:24pm Jan 25, 2017 12:24pm
what are exactly the changes in 6.1?
  • #45
  • Edited 2:03pm Jan 25, 2017 12:31pm | Edited 2:03pm
Quoting braddock69
what are exactly the changes in 6.1?
1. The trend filter is higher then v6. v6 looked back further then v5
2. The ADR is now 365 not 20, so it gets a fairer smoothed out ADR %, which should iron out the major moves seen this year
3. Buffer is set at 2% not 4%
4. EA should now be set to switch off at 12pm London time
5. Trade only when above 95%

6. The EA had a issue with it, which has been fixed.

If you needed to place a stoploss for example at 20 pips, but your broker minimum required distance is 27 pips, the EA will now place the stoploss at 27, previously it would not trade, or even worst, place the trade with a 0.000 stoploss value

EA 6.1 works on FBDI v6 or v6.1, so you you prefer the signals from v6, then you can keep using the EA on the v6 indicator

Regards
Craig
  • #46
  • Jan 25, 2017 12:38pm Jan 25, 2017 12:38pm
perfect, thanks
  • #47
  • Jan 25, 2017 1:58pm Jan 25, 2017 1:58pm
Updated post 45....

Edit to EA end time
Trade only when above 95%
  • #48
  • Jan 25, 2017 2:01pm Jan 25, 2017 2:01pm
Just looking at some of the trades on v6.1 demo account VS v6

USDCHF and EURGBP was valid sell with v6.1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHF v6 25.01.2017.png Size: 45 KB
Click to Enlarge Name: USDCHF v6.1 25.01.2017.png Size: 51 KB
Click to Enlarge Name: EURGBP v6 25.01.17.png Size: 43 KB
Click to Enlarge Name: EURGBP v6.1 25.01.17.png Size: 44 KB
  • #49
  • Mar 7, 2017 12:20pm Mar 7, 2017 12:20pm
Hi, Craig

where is the forum for version 2?
do you have myfxbook for version 2?
  • #50
  • Mar 7, 2017 12:46pm Mar 7, 2017 12:46pm
The new Forex Breakout Direction Indicator system 2.0 is here

https://www.forexfactory.com/showthread.php?t=642000
  • #51
  • Mar 7, 2017 12:46pm Mar 7, 2017 12:46pm
This thread is now closed
  • #52
  • Apr 5, 2017 6:22am Apr 5, 2017 6:22am
Hello Krager! As I see you are the only serious trader that came with a serious EA here on FF. I did not have time to read all of your posts and this is why I would like to ask you, what is the difference or the main difference between V5 and V6? Thanks and best regards!!!
Truly yours!!!
  • #53
  • Last Post: Apr 5, 2017 2:09pm Apr 5, 2017 2:09pm
Quoting pipshaman
Hello Krager! As I see you are the only serious trader that came with a serious EA here on FF. I did not have time to read all of your posts and this is why I would like to ask you, what is the difference or the main difference between V5 and V6? Thanks and best regards!!! Truly yours!!!
Hi

The Forex Breakout Direction Indicator has now moved to 2.0 https://www.forexfactory.com/showthread.php?t=642000

The latest update is due out on Monday. Just bug testing. The biggest difference is the logic, on how the indicator knows which way to show the breakout direction.

Regards
Craig
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