As mentioned yesterday in Remon's thread the following method might worth some consideration for dealing with strong trends: The "Envelopes" indicator might be a good choice. (Of course, parameters should be fine tuned). Using the below "rough" ...

Free EA - Piggy n The Middle

UPDATE: Floating profit has reached +3% gain by AUDCHF and CHFJPY and a "False Breakout" EURCHF trades, so "Equity Sentry" has closed out all my open trades at +3% floting profit. So today has resulted in (-2.4% x 2) + 3% = -1.8%. Not that bad for a ...

Forex Breakout Direction Indicator

@Craig Since you asked: Today did not go that well. EURUSD and USDCHF have both got stopped out after NY open at -2.4% each. Shortly before NY open floating losses totaled only about -0.8% (i.e. profits have never reached +2% since London open). ...

Forex Breakout Direction Indicator

I wish I had... I have uploaded "Equity Sentry EA" which is close to the purpose, BUT (as I have already mentioned yesterday in Post 188): The "Equity Sentry EA" cannot track net daily profits. It can track Equity Gain and Balance Gain SEPARATELY, ...

Forex Breakout Direction Indicator

I have deleted GBPUSD from my list as I have noticed that the RANGE was too large to trade it. So the EA was smarter than us... That is why I like bots... And the other reason I like them (what I have already mentioned): There is nothing sweeter ...

Forex Breakout Direction Indicator

Thanks for the heads-up, Craig! I have more of an "automated" (mechanical) attitude, so I am trading ALL pairs which match the RULES: AUDCHF - 100% BUY CADCHF - 100% BUY CHFJPY - 90% SELL EURAUD - 90% SELL EURCHF - 70% BUY EURUSD - 70% SELL GBPAUD - ...

Forex Breakout Direction Indicator

Will you renew it free in 2099...?

Forex Breakout Direction Indicator

It was 80% BUY on my chart (as shown on screenshot)... What could be the cause of the difference... Volume issue...?

Forex Breakout Direction Indicator

If you look at my previous screenshot you can see that the "70:30 rule" does show up, i.e. the market goes sideways 70% of the time and trends in 30%. Which means that the EA may trade and make real profits on 7 out of 10 days... Which is not that ...

Accumulative Profits Grid System

The "Envelopes" indicator might be a good choice. Of course, parameters should be fine-tuned. Using the below "rough" example, the EA would have added SELL-AFTER-SELL trades today below the channel (without any BUY) until all previously opened BUY ...

Accumulative Profits Grid System

@anazri Excellent idea! What do you have in mind for "tunnel" settings and on what time frame (I guess the tunnel is Boellinger Band)?

Accumulative Profits Grid System

Correct. It closes only the trades with the specific Magic Number. You can run it even on two or more charts with different Magic Numbers, so it can be used for multiple strategies simultaneously. BUT: In this case you cannot set "Equity Sentry" to ...

Forex Breakout Direction Indicator

Thanks for your trust in my comments, Paqe! Appreciated. You can set the charts at ANYTIME before London Open which is 9 AM in my time zone, so I can set my alarm at 8:30...

Forex Breakout Direction Indicator

Yes, it looks the same as on my chart.

Forex Breakout Direction Indicator

At +3.4% all trades were closed (using previously posted Equity Sentry EA) and done for the day. (Easily could have been +7% shortly after closing everything, but greed is risky.) EDIT/P.S.: Approx. 30 minutes after closing all trades, all the above ...

Forex Breakout Direction Indicator

Looking at the DAX chart it would have worked out pretty well over the past weeks by observing all rules (box has been shifted back by one hour to match Frankfurt Open): image

Forex Breakout Direction Indicator

Although GBPCHF was not on the trade list of the day, for me it seemed to be a valid setup and already triggered: image GBPCAD SELL has also been tiggered: image

Forex Breakout Direction Indicator

As a subscriber I can confirm that today was a profitable day. I use 0.5% risk setting, and still - with this setting - I have ended up with +3% cumulative account gain for the day (as my closer EA has missed the +2% preset mark.) 0.5% a day ...

Forex Breakout Direction Indicator

You are very welcome! As a current customer I would be glad to "beta trial test" the fully automated version if you decide to market it (as I can see that you are seriously considering it). This step would probably attract not only traders with ...

Forex Breakout Direction Indicator

@Craig 1. You could get a decent Windows VPS for as low as $8.50 a month (1 CPU, 1 GB SSD RAM), which would be more practical for the planned experiment than a laptop. (You should be able to run about 3-4 MT4s on it smoothly.) 2. Commercial member ...

Forex Breakout Direction Indicator