Do you know how this ATR indicator works and derives its numbers?

4H Box Breakout

So, I was wondering...has anyone tested or is using that ATR indictator posted a bunch of posts back, that basically makes a dynamic breakout box at start of week ? This week its box was smaller then the original systems box, which is interesting ...

4H Box Breakout

Wait huh? I thought the first page of this whole thread is the the original "awesome" system lol??? no?? We will fail if we use it? Or did you mean this is what the other mean trader said about your system?

4H Box Breakout

Question, does anyone set up their TP @ the x2.5 marker instead of the x3? I wonder if this is more successful then x3. This week it would have taken profit already.

4H Box Breakout

Dang, you dont include spread...did not know that =/ maybe thats why my TPx3 didnt trigger this week, I had spread of seven in the box TP calculation =(

4H Box Breakout

Ah my bad, I meant to the top AND the bottom of the original box add 20 when calculating buffer. Then its 100+20+20+8...

4H Box Breakout

Just to clarify, his original statement was kinda misleading I think. If your buffer is 20 IE: that makes it 20 on both sides of the box. You add 8 to the top end of the box, so that makes it 100+20+20+8 correct? Making the box 148pips Thats how you ...

4H Box Breakout

Thats what I was wondering as well, I assumed TP1 and so forth included the buffer.. If not, I got it all wrong ... lol --------------- Well, looking at the graph in the first post of this thread, looks like the buffer is part of the calculation of ...

4H Box Breakout

Well, as I recall Ace's original system on front page was designed with a set and forget in mind, I think it just has evolved over this thread to be one or the other. OR, are you talking about your system that you dont put in buffer and such that ...

4H Box Breakout

GBP/JPY Dang, my TP x3 is close to Ace's original for this week, its a little higher in at like 160.50 and It has not come close to that =(, hopefully this down trend we have wont continue... If it does oh well. I think the above quoted x4 and x3 ...

4H Box Breakout

Hey tanyasiapa, is there an indicator for that picture you posted that can show me the same thing? S&R and trend? Can ya link it for me?

4H Box Breakout

Must be BE Im thinkin of, in that case I was guessing it was break even, just wanted to make sure =) Also, in the standard MT4 is there a s/r indicator? What does S/R stand for? Thanks

4H Box Breakout

Heyas everyone, just wanted to say I joined this site yesterday, been reading pretty much this thread only for the last week. Opened up a demo account and started in on it. I read this entire thread and this system seems very successful and I want ...

4H Box Breakout