Thanks. Well, your strategy looked mechanical to me, that’s why I got interested.

15 minute opening range Forex

What's the indicator you're using on TradingView to plot the levels to the range? (the yellow percentage lines). Maybe there is also something automated that can mark the Fib level including entry and exit without having to do it manually. I found ...

15 minute opening range Forex

Thanks for your answer. That's exactly what I want. I want a strict routine with clear, objective rules that I can carry out on a daily basis. No trading based on my subjective opinion which I then have to apply on-the-fly. So far I have not found ...

15 minute opening range Forex

„Prefer“ is hard to repeat and sounds like to me that you are acting on your own discretion and not 100% follow some mechanical set of rules. If the rules vary, it will be hard for anyone getting the same or even similar results and my backtesting ...

15 minute opening range Forex

I thought you can enter anytime after the range is established and price moving back to the entry point after piercing the high/low. So entry is anytime between 08:15-08:59:59 (based on the London Open and UK time, currently GMT+1) Price could ...

15 minute opening range Forex

Okay. So the entry is valid for one hour. My test only included placing an order until 08:45 UK time. So you still enter on the last M15 candle for the hour if price didn’t reverse back to the entry point earlier. Thanks for explaining the use for ...

15 minute opening range Forex

Because the idea is to trade the reversal and not the breakout of the range ;-)

15 minute opening range Forex

Well, what i've tested is the following. Here's a winning example for last Friday. 30/06/23 - EUR/USD M15 image Chart example shows: 1) The first 15 minutes range after the London Open 2) Price breaks the high of the range 3) Sell at the mid point ...

15 minute opening range Forex

Thanks for your comment. To me it sounded as if Global Prime itself had never been a pure A-Book broker. I'm not sure if After Prime is one. I can't find any clear information that confirms this. The conditions otherwise like spread seem to be very ...

Global Prime - The World's Most Transparent ECN Broker?!

Okay. So the range is 03:00-03:15 PM for you (GMT+8). I use local london time. So it's 08:00-08:15 for me. Why do you say "to 4 pm" what does that mean? I don't understand how you come up with these decimal numbers to describe your SL or TP. Perhaps ...

15 minute opening range Forex

Where did you place the stop loss? I used the full size of the range as my distance away from the entry and targeted a 2R. Only 1 order per day. I get different results. Are you also sure to have used the same range on EUR/USD, so 08:00-08:15?

15 minute opening range Forex

I don’t have time to trade other opening times and I also don’t want to trade more than 1 currency pair. I‘ve now tested the last 6 months for both EUR/USD and GBP/USD but still didn’t get a profitable end result. Don‘t understand. Have a good ...

15 minute opening range Forex

Sovy. I backtested your strategy for EUR/USD and GBP/USD only for the London Open (08:00-08:15 as the range) but couldn't find it profitable. I tried using a 1:1 RR and 1:2 RR based on the 50% retracement level as my entry trigger. No trade after ...

15 minute opening range Forex

Hey, I found this EA and would like to know if it's possible to have orders executed based on standard Fibonacci Retracement Levels instead of the yellow trigger line which can be only defined by a fixed distance. EA: url The new logic behind this ...

I will code your EAs and Indicators for no charge

Risk to Reward is meaningless if you don't assign a probability factor to it. That’s why I asked if you have done any proper backtesting for any of the instruments and opening ranges so you would also know about your win/loss rate for all the ...

15 minute opening range Forex

Thanks. Yes you’re right. I never used the Fib tool, still needs some practice. Have you tested just using the center of the opening range as your reversal entry point. If you plot/draw the Fib using the high/low of that defined range, the 50 level ...

15 minute opening range Forex

Here's one more example on EUR/USD for today (MT4 + standard Fibonacci Indicator used for the range). image

15 minute opening range Forex

This indicator is NOT showing the correct session times. It doesn't seem to automatically adjust for daylight saving time. We are in summer time. Maybe that's the problem you got. Incorrect: image Correct: image My trade example posted earlier ...

15 minute opening range Forex

Thank you but i can hardly see anything on your phone pictures or videos. Please make it bigger. As a serious trader you should use a desktop computer and not your phone to look or even think about trading something. You picked an winning example ...

15 minute opening range Forex