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Forex Box System for you!


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Forex Box System

 

Condition

 

All boxes are drawn from 19:50 GMT to 01:05 GMT the next day. The range listed on each pair is when to trade. Most trades go for well over the take profit values

and if possible you should be watching your charts to determine the best exits.

These settings do however result in 80% + wins left as is. This system is based research on 3 years data.

 

System Setup

 

These are few setup that you need to know. Each Pair have different target point (TP), time to trade and range.

 

* Pair: Obviously the pair traded

* Range: The range of the box and when to trade, if range above requirement, don’t trade.

* +/-: First value is added to the box, second value is the take profit (TP).

* Monday: Yes or no trading this pair on Mondays.

 

All Pairs available that using this system are :

 

Pair: GBP/USD

Range: <= 55

+/-: 5/20

Monday: Yes

 

Pair: GBP/JPY

Range: <= 55

+/-: 10/35

Monday: Yes

 

Pair: USD/CHF

Range: <= 25

Monday: No

+/-: 5/25

 

Pair: USD/JPY

Range: <= 60

+/-: 5/30

Monday: No

 

Pair: AUD/USD

Range: <= 40

+/-: 5/15

Mondays: No

 

Pair: EUR/USD

Range: <= 20

+/-: 10/20

Monday: No

 

Pair: USD/CAD

Range: <= 20

+/-: 5/15

Monday: No

 

Pair: EUR/CHF

Range: <= 15

+/-: 5/20

Monday: No

 

Pair: EUR/CAD

Range: <= 35

+/-: 5/20

Monday: Yes

 

Pair: EUR/JPY

Range: <= 20

+/-: 5/25

Monday: Yes

 

Pair: GBP/CHF

Range: <= 60

+/-: 5/30

Monday: No

Note: This is the best pair by far.

 

Pair: EUR/AUD

Range: <= 45

+/-: 5/25

Monday: Yes

 

Pair: AUD/CAD

Range: <= 30

+/-: 5/30

 

Stop Losses

 

Longs is lower box level or 30 whichever is smaller (30 pips max)

Shorts is upper box level or 30 whichever is smaller (30 pips max)

 

Target Point

 

Target point different each pair, you could see the target point each pair on chart window.

 

Order

 

Set 2 pending order (buy and sell order) at GMT +1 for each pair.

 

Time Frame (TF) used is 15 minutes.

 

Note:

 

1. If the first trade triggered loses, double lots on second trade.

2. If the first trade triggered wins, close the second trade.

 

Metatrader 4 Setup

 

Download all indicator and templates here

 

1. Unrar / unzip the file to specific folder.

2. Copy all indicator to C:/program files/metatrader/experts/indicators

3. Copy all templates to C:/program files/metatrader 4/templates

4. If you already open your metatrader, restart your software.

5. Open a chart (select a pair based on pair above), then right click on chart, select template, choose a template (same pair with chart opened). Example, if you open a chart GBP/JPY pair, choose template ##gbpjpy. Your chart should look like this.

6. The main setup for Box system is the broker’s time, because the box drawn based on time.

7. To set up broker time, first you must know what GMT time that your broker use.

8. The default setting is GMT +2.

9. There are 3 variable in indicator that you might need to change for this system (depends on your broker time).

10. Right click on chart, select indicator list. Select Dan’s Asian Breakout indicator.

 

The default variables are (based on GMT +0):

 

* periodA_begin = 19.50

* periodA_end = 01.05

* periodB_end = 17.00

 

For example, if your broker time is GMT +2, simply just add +2 to all three variables. Example : periodA_begin => 21.50, periodA_end = 03.05, periodB_end = 19.00.

 

Another setup that you should to change, if the text rules on the chart (at top left) is mess up, right click on your chart, select indicator list, then choose IT-Guy Box Rules, double click it, then change “from top value” to 45. Close and save it.

 

Save your templates with same name (according to pair you select). You must setup this on other pair manually. Save all, then you ready to trade !!!

 

Please trading in demo first, consider your broker spread, news and choose the best pair, and daily result will be posted here, soon !!

 

http://fliiby.com/file/760568/4sv2y8k4iw.html

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