See - this is interesting. I have removed the close at EOD. Så the trade continue until TP or SL. 5 months of data. Winning is 33% of Equity. Each trade has risk 1%. And gains are invested.

Japanese Daily Breakout

The test tool is set to 2 pips spread. Here are the results for the last month with USDJPY. TP were only hit 2 times.

Japanese Daily Breakout

Sorry, I can see that you trade is the 26. This is my trade then. Profit is exactly 66 pips.

Japanese Daily Breakout

Wrong date. See next post.

Japanese Daily Breakout

I will.

Japanese Daily Breakout

I now made the R/R variable and tested AUDJPY. 1:4 Seems most profittable. But still not enough.

Japanese Daily Breakout

AUDJPY. Data from MID JULY 2023.

Japanese Daily Breakout

I made the robot. I tested USDJPY. I have M15 data from december 2023. The robot do never take more than 1 trade per day. And trades which are not done at the end of day is exitted 1 hour before EOD. This is because my broker behaves very badly at ...

Japanese Daily Breakout

Question: Which periode did you test cover?? It is important to know, if I will test some tweaks, because then I can compare.

Japanese Daily Breakout

As I said, I will follow the basic strategy for some time before I make tweaks. But I am sure, that there will come suggestions using all kinds of RSI, MACD etc. My take will then be to use Williams Percent Range indicator (part of MT4 in the ...

Japanese Daily Breakout

Questions: A False Breakout is confirmed when the price of the bar immediately after the breakout bar returns above/below the breakout level. It is important for me to trade the exact way that your statistics did. Then at a later point optimize on ...

Japanese Daily Breakout

These are todays setups. I have marked yesterdays High/Low with yellow lines. If they are broken by a CLOSED bar, then you should enter a trade. This is the most simple strategy there is. And I do agree, that JPY are the instruments that can be ...

Japanese Daily Breakout

Let's do it.

Japanese Daily Breakout

exactly. EA uses the strategy very strict. No chance of overtrading, revenge trading or other kind of psycologic failure. Furthermore the trade is taken instantly. Stoploss is not moved. Profit is set as the target which is defined by the strategy. ...

Prop Firm Hub

I have made robots for the yesterday breakout system and the Asia breakt out system several times. The problem I've found is, that a set of parameters worked at one instrument but not on others. Also if I tested different time windows, the profit ...

Previous Day Breakout Edge System

Thanks. And these have MT4: https://fundsfortraders.com/ https://www.indigotraderfunding.com/

Prop Firm Hub

First days of the week were not good with the instruments I had chosed. So I have added a filter to the strategy. The much underestimated Williams Percent Range. Buy only allowed over -30 and Sell only below -70. To be safe. Could be extended to ...

SHA & Tripple MA

And does the RSI filter really prevent false signals?

SHA & Tripple MA

So how do you use RSI? No trade when value is in the zone 45-55, or a short trade must pass 45? Or 55? What will be your buy signal?

SHA & Tripple MA

Here is the tool number 1: symbol changer profit display Made by two of the FF giants Mladen and CJA. Find it in post no# 1 here: Symbol Changer Profit Display | Forex Factory I search all 28 Forex pairs. How I do it will come later this week. Put ...

SHA & Tripple MA