I said it in the first post. Average 3 to 4 percent per 1% risk. multiply by 2 for 2% and 5 for 5% risk per trade. Risk over 2% is not recommended. Regards, Basber

Daily Break Strategy

It will, usually they cover each other, but it shouldn't be red. Did you do all managements due to main strategy ? for example bringing SL @ BE, or avoiding gaps, letting trades run into tommarow and etc ? I'll test the EA tommarow. Regards, Basber

Daily Break Strategy

I'm waiting for the edited version. I'll put the EA on the first post when it's well tested. Regards, Basber

Daily Break Strategy

Nooshe joon Regards, Basber

Daily Break Strategy

I can't get it to work for backtest Regards, Basber

Daily Break Strategy

Here you are Herty, Regards, Basber

Daily Break Strategy

Both TPs for Second Entry hit. 2 TP1 and one TP2 for today. Regards, Basber

Daily Break Strategy

Wecome to the thread Omid. Yes, with an EA, it will be much more easier to place the orders. It's nice to see you here. You live abroad ? Regards, Basber

Daily Break Strategy

TP1 hit. Bring SL to BE. Regards, Basber

Daily Break Strategy

Take your time Mahan, Regards, Basber

Daily Break Strategy

Mahan, I recommend you wait for an EA to be created with variable fibo levels. Then we can easily check other levels too. Different pairs have different move patterns. SL is optimized for many pairs, but we should work on TPs for different pairs ...

Daily Break Strategy

No problem E. Let me know if you need something else. Regards, Basber

Daily Break Strategy

First sell order executed, now it's time to place buy for "Second Entry". Let the market decide the rest. P.S. : Ignore the volume indicator and vertical lines. Just the fibo for now. Regards, Basber

Daily Break Strategy

It's very small, so it will not give the trade to breathe. then we will have a lot of BEs and we may miss the move very often and it will decrease the profit. The level I put (1.25) was a good place because it's not that far so the price may easily ...

Daily Break Strategy

The theory is right, but it's not how it is. I've tested it on AU, results was positive, but not as attractive as EU. And tested on UJ and results was not good because the small daily ranges makes spread play an important factor to change the ...

Daily Break Strategy

It's on the first post E, Regards, Basber

Daily Break Strategy

Nice job Mahan Is there a way to overlap another indicator to draw the TP1 line for second entry ? Looking forward to test the EA. Let the levels be variables so that we could test other levels for other pairs too. Regards, Basber

Daily Break Strategy

I've tested the EA on 2010 and the results was bad. The thread is not active anymore to check the settings, but with main settings, it gives lots of false breakouts. Regards, Basber

Daily Break Strategy

Yes, it's not that hard for someone who can write an EA. Unfortunately I don't know MQL ... What do you mean by "having a logic" ? You meant the EA you have don't have a supportive idea behind it ? (Did I understand right ?!) Regards, Basber

Daily Break Strategy

Yes, for the first sell entry, half should be closed at TP1 and SL should be changed to entry point (SL @ BE) for the other half. For the buy entry of the "Second Entry", it would straitly go to SL point. So One TP1 and one SL for today. Regards, ...

Daily Break Strategy