Money Management — I too will contribute a tool that everyone can use. I created a money Management spread sheet, with a calculator that once you put your account balance it tells you how much you should risk per trade, and how many lots you ...

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ido370 — My apologies Tibmas I totally missed that you attached an indicator! That is AWESOME! Thank you a ton for your contribution! Maybe you and ido370 can work together. Did you see the back test results he posted? Pretty amazing ...

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Fantastic Work! — The results look very promising. But that comes as no surprise to me, so far every limit or stop order that triggered has at least hit TP1. Great job on this EA ido370! I can't wait until it's done! Hope you got ...

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Answers — I'll answer your questions to the best of my knowledge. Keep in mind I am not a programmer for EA's. Someone from this thread is programming and EA and so far it looks effective! 1. If anyone has back tested this: Yes! Check this ...

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Yes — And generally when it does range it is outside the news release hours, so price can actually react to moving averages, pivots and trends. Which makes this system very powerful! Thank you for contributing!

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Monday! — Monday is coming! I am out of here for the night! I'll post up any new charts as signals pop up with explanations this coming week....entry price, stops and most importantly TP levels! Have a great weekend everyone!

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Thank you! — Thank you! But I have to admit that this method is not mine! I changed the name of it as to not infringe! I wanted to share it because of how powerful it is, and I wanted to contribute something back to this community. Seemed ...

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No worries! — Roger that! It wasn't taken as an attack. I actually appreciate your contribution! I am trying to keep the rules in place. This is important to me because in the past, I would read about a solid method in this forum and then ...

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FINALLY!

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But effective — Absolutely right. It is a simple breakout method. However let's let the readers find that out for themselves as they learn the method. Using ATR actually helps you judge price range. There are times that the parameters and ...

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My Apologies — I would like to apologize to everyone viewing this thread that had to read the childish banter between Billbss and myself. Apparently neither of us can refrain from this behavior. I will do my very best to stick to the method ...

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Go away now! — How is it that you were the ONLY one that couldn't grasp a simple kindergarten equation? Your mad cause you can't prove this method wrong! Botched instruction? How about can't follow a simple set of rules! "Duh? Is it the ...

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Stop now! — Did that make you feel better? Now that we have the small stuff out of the way, and as the creator of this thread, can I ask that you refrain from cluttering this thread with sarcasm and stick to the method so that people can ...

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Apparently not — 5th grade stuff isn't it? Glad you finally figured it out!

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WOOO HOOO! — Thank you for that!

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Simplified x 2 — It seems people are getting hung up on the setup bar. Imagine if you will, you are looking at your MT4 trade station. The current ACTIVE bar is your POTENTIAL SETUP bar, when it closes it is now the most recently closed bar or ...

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6th candle?? — You are only looking at 5 candles Billbss why do you insist on looking at 6 candles? How can they both not be right? Before the 6th candle formed you had a buy signal according to the rules right? Let me try one more ...

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Both are correct — Billbss, they are both correct actually! In the bottom chart, your 5th candle, when it closes is your setup bar. Count back 5 candles from there (pretend that 6th bar doesn't show yet). Are the rules met? From a glance I say ...

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New trades — My plan is to post signals as I get them for this upcoming week. Sort of a way to show a trade in action. Stay tuned!

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Confirming — Yes that is what I meant! The 20 and 40 SMA's are used to determine potential breakout direction. If the close of the bar closes above the 20 OR the 40 (can be both) then a buy stop should be placed at the highest high of the last ...

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