OK, that explains why my backtesting doesn't do so well. Attached are the charts for EURGBP H1. First one uses the outside bar and the second uses the inside bar as the trade trigger. TP is 1/2 ATR, SL set at the other end of the bar.

Inside Bar Trading Revisited

What is your TP strategy?

Inside Bar Trading Revisited

It's not a problem. Just that I've been following this thread (recently deleted ) that suggests trades are triggered when the price passes the High/Low of the Outside Bar. I might tweak the code to use the inside bar and see whether I get ...

Inside Bar Trading Revisited

Either that or my coding sucks

Inside Bar Trading Revisited

OK, I tried a similar thing with the Bollinger Bands (BB). The first graph shows the trades without BB The second shows trades with BB. Here we only trade Long when the price is in the upper band and Short when in the lower one. The third is a ...

Inside Bar Trading Revisited

Nice, I see you are using the Inner Bar as your trigger for the breakout. I've been using the Outer Bar so would be interested to see how you get on

Inside Bar Trading Revisited

Yes, madness. I've changed my signature to make people aware of this.

Inside Bar Trading

Abnormalone, Thanks, how are you using this? It's a variant of Bollinger Bands with the extremes cut off, or so it appears. I tried just trading IBs if the price was in the Bollinger Band channel, didn't have a great effect. I'll read up on ...

Inside Bar Trading Revisited

Shame really, and makes you wonder whether it's worth posting to ANY thread on Forex Factory as it could just be binned at the Admins whim (well, maybe whim is the wrong word ). I don't deny that Jim has broken the rules, but there is something ...

Inside Bar Trading

EA - Trade Breakdown — Here are the trades taken by the EA broken down by currency and hour of day. Last weeks charts are here. 0900 GMT still seems like a good time to trade, as does 1800GMT.

Inside Bar Trading Revisited

So what happens to this thread? Can someone take ownership of the first post?

Inside Bar Trading

I don't disagree with this, but would point out that the market view at different timeframes is not the same. A 5m timeframe may be trending up, but the 4H is trending down and is part of a larger 1D down trend. In this instance, the 5m opposite ...

Inside Bar Trading Revisited

Agreed However the higher timeframes can sometimes filter out the 'noise' that a lower timeframe sees. With IB's the higher timeframes filter weaker trends and show stronger trends that break the IB. Still doesn't mean that a strong trend will ...

Inside Bar Trading Revisited

I think by best smilee89 means that there are less losers thus increasing the overall profit. I ran some backtests on EURUSD a while back in this thread and it showed that H4 was quite good. However in recent forward testing it hasn't looked as ...

Inside Bar Trading Revisited

EA - 20090206 — Daily and weekly results

Inside Bar Trading Revisited

I would trust mine, it's just not good at winning

Inside Bar Trading Revisited

EA - Trailing the SL — A number of people (Abnormalone, TraderOfForex to name but two) have suggested at various times or another that I trail the SL when we open a trade. The idea is that if the trade then bombs, we've saved a few pips. I ...

Inside Bar Trading Revisited

EA - 20090205 — Recovery?

Inside Bar Trading Revisited

Hi Der05, Thanks for reminding me of the DIBs method. I don't know if anyone has programmed an EA for DIBs, but that might be something I could do after this one.

Inside Bar Trading Revisited

EA - 20090204 — OK overnight, not so good this morning. Added some IBs on the H4 chart, both triggered this morning only for the price to go the other way and hit the SL. Being H4 the IB's we're bigger and so were the subsequent losses.

Inside Bar Trading Revisited