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Simple Breakout System By Zach

  • #201
  • Jun 13, 2017 12:05pm Jun 13, 2017 12:05pm
No trading today, much noise for EURJPY
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #202
  • Jun 13, 2017 12:37pm Jun 13, 2017 12:37pm
good thread

using a similar system involving fibonacci - look forward to an indicator and or EA to test as i live in Canada and tend to fast a sleep at 5am GMT!!!
keep it up
Fib(onacci) my way to glory
  • #203
  • Jun 13, 2017 5:20pm Jun 13, 2017 5:20pm
Plan analysis for today 14/6/2017

EURJPY
CHFJPY
  • #204
  • Jun 13, 2017 9:18pm Jun 13, 2017 9:18pm
Quoting ErollZach
{quote} 50 is my SL entry @61.8/100 this is my trading plan. however u can modify it to suit your trading plan
ok brother.

green pips for all of us! CHeers!
  • #205
  • Jun 13, 2017 10:34pm Jun 13, 2017 10:34pm
Watching this pairs too.

But there will be a high impact news after LO.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_16.png Size: 98 KB
  • #206
  • Jun 14, 2017 12:03am Jun 14, 2017 12:03am
Quoting ch33sewiz
Watching this pairs too. But there will be a high impact news after LO. {image}
good job brother!!!
  • #207
  • Jun 14, 2017 12:24am Jun 14, 2017 12:24am
AUDUSD
nzdjpy
BO now
  • #208
  • Jun 14, 2017 12:26am Jun 14, 2017 12:26am
Quoting kalawe
AUDUSD nzdjpy BO now
are u using same trading system?can screnshot the chart?tq
  • #209
  • Edited 1:01am Jun 14, 2017 12:47am | Edited 1:01am
Quoting ErollZach
{quote} are u using same trading system?can screnshot the chart?tq
same system.

1hr chart AU
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 35 KB



1hr chart NJ
Attached Image
  • #210
  • Jun 14, 2017 1:26am Jun 14, 2017 1:26am
Interesting systems with Fibo and breakout.

Thanks for sharing
Look for it and you will find it
  • #211
  • Jun 14, 2017 1:43am Jun 14, 2017 1:43am
Quoting braveh4rt
Interesting systems with Fibo and breakout. Thanks for sharing
thanks
pls vote the system.tq
  • #212
  • Jun 14, 2017 1:47am Jun 14, 2017 1:47am
Quoting ErollZach
Plan analysis for today 14/6/2017 EURJPY CHFJPY
Instant LONG/PO BUY LIMIT
TP Yesterday HIGH MAX
  • #213
  • Jun 14, 2017 3:02am Jun 14, 2017 3:02am
Quoting kalawe
{quote} same system. 1hr chart AU {image} 1hr chart NJ {image}

AU TP
Attached Image (click to enlarge)
Click to Enlarge Name: audusd11.jpg Size: 46 KB



NJ TP
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy11.jpg Size: 46 KB
  • #214
  • Jun 14, 2017 3:36am Jun 14, 2017 3:36am
Quoting kalawe
{quote} AU TP {image} NJ TP {image}

NICE
  • #215
  • Jun 14, 2017 3:40am Jun 14, 2017 3:40am
Quoting ErollZach
{quote} Instant LONG/PO BUY LIMIT TP Yesterday HIGH MAX

TP1 HIT
  • #216
  • Jun 14, 2017 4:00am Jun 14, 2017 4:00am
Quoting ErollZach
{quote} TP1 HIT


CHFJPY TP1 hit..
But not for EJ for IC market. correct me if am wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB
  • #217
  • Jun 14, 2017 4:14am Jun 14, 2017 4:14am
Quoting happytrade38
{quote} CHFJPY TP1 hit.. But not for EJ for IC market. correct me if am wrong. {image}
Yes,EJ haven't hit
i thought no body is following the analysis
  • #218
  • Jun 14, 2017 4:19am Jun 14, 2017 4:19am
Quoting ErollZach
{quote} Yes,EJ haven't hit i thought no body is following the analysis
eurjpy and chfjpy both tp1 not hit yet
  • #219
  • Edited 5:38am Jun 14, 2017 4:24am | Edited 5:38am
Hi guys,

Attached is the first version of the EA I developed for this strategy. The features of this first version are:

  1. It will draw the breakout box using the (start/end) hours specified in the input parameters, as soon as the end hour is reached
  2. It will open a trade if there is a breakout (the breakout candle must be closed before the trade will be opened) and draw the fibonacci retracement as specified by ErollZach as soon as the position is opened
  3. The SL and TP are configurable, the values specified must be percent of fibo retracement (ie you can set any integer > 100 for TP, any integer < 100 for SL)
  4. You can set the EA to close the opened orders for the day at a specific time if SL or TP are not reached (see CloseDayOrderAtHour ad CloseDayOrderAtMin parameters)
  5. You can use the AsianSessionPipsMax parameter to disable trading if the asian session pips is too high because often you will not get a valid breakout or ADR will be reached already
  6. You can set VisualMode= false to disable the visual + logging stuff (box, fibo..) and use it to trade only. It can be useful to speedup backtests.

Also be advised that this first version must be attached to each pair you want to trade. It does not choose the pairs nor trade multipairs by itself. You can disable auto trading with parameter TradingEnabled=false if you want to allow a pair to trade one day, and disable it another day.
I may add a news filter to automate this in v2.

I will take any suggestions into account and will do my best to improve the EA, but please be patient because I don't have much time.
Don't use it on live account, it's still experimental !

Attached File(s)
File Type: ex4 DD-breakoutasian-1.1.ex4   24 KB | 563 downloads
  • #220
  • Jun 14, 2017 4:30am Jun 14, 2017 4:30am
EU hit SL
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_8835.PNG Size: 101 KB
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