saendee Posted October 10, 2009 Report Posted October 10, 2009 Re: Forex Breakout System EA chankl78 said: Too difficult. Is there any guide around what is the best default settings? I have tried lots of settings.. All ended miserables failures settings. It s like shooting a gun without knowing what is the target.... chankl78 profits can ONLY for small amounts trail = 15 ** tp = 15 ** break even = 10 ** 5digit broker X10 (breakeven % close = 50 this will take small profit ) & rest will ride until trail stop hit I am doing back test now on the EU as per posted earlier back test Or just use fxbreakout indicator to trade manual is the same but does not trade ENJOY =D> if u use TF15 box start must be example 22:15 box end 01:00 does not matter :)) Quote
⭐ fscrp Posted October 10, 2009 Report Posted October 10, 2009 Re: Forex Breakout System EA crushbeat said: so we have to put +1 hour to all settings, rite? If you use FXDD, yes you need to add +1 on the settings I posted. After 3 weeks of demo trading, my intention is to look at which pairs were most profitable and in which session(s). I will share my analysis when completed. Quote
chankl78 Posted October 11, 2009 Report Posted October 11, 2009 Re: Forex Breakout System EA Hmmm.... I have no luck in backtesting this EA. Can anyone share your best profit backtest set files? So that I can try? Thanks. Quote
saendee Posted October 11, 2009 Report Posted October 11, 2009 Re: Forex Breakout System EA :shand: I have been playing with it all weekend & u can only take small profit but while back testing I have started again on DP Ultimate I placed the indicator FBS breakout that EA is based on - my conclusion is **developer only knows best settings** but if u study each session u can see green pips manually 8 out of 10 sessions enjoy =D> Quote
chankl78 Posted October 11, 2009 Report Posted October 11, 2009 Re: Forex Breakout System EA Hahaha.. I do agreed. But, cos this EA is out of the asian scalper time. So that's y I am so interested in it. See if it can help to increase my profits. Also just realized tomolo is Japan, USD, CAD bank holiday... so might not be a good day yo trade also. Quote
saendee Posted October 11, 2009 Report Posted October 11, 2009 Re: Forex Breakout System EA =D> funny u should say that about holiday & also out of asian scalper time I am running DP on different HOURS as I back tested it the other week 4-24 with default setting & 2 won - 2 pair lost but not much I am using u set files for each pair only change ** aggressive = false & MM = false (0.1) range bar = true [-O< =D> Quote
saendee Posted October 12, 2009 Report Posted October 12, 2009 Re: Forex Breakout System EA ^:)^ this EA needs educating many thanks in advance =D> I place the FBS indicator on EU chart 2 quick win trades so i put the 3 other major pairs on charts & it would have been a nice green pips LONDON session :)) Quote
chankl78 Posted October 12, 2009 Report Posted October 12, 2009 Re: Forex Breakout System EA hxxp://www.mediafire.com/?jxgemazj2zv Why do u need to educate? Since they do not check account. Anyway, I just decompile it. Are you using EA or only indicators??? Manual trading? Or By EA? If by EA, can post your set file? Thanks. Quote
saendee Posted October 12, 2009 Report Posted October 12, 2009 Re: Forex Breakout System EA :shand: I put EA on eu chart follower manual EA open sell stop on live account & then sell stop was remove & error message wrong stop settings OR was this done by my broker ????? Quote
chankl78 Posted October 12, 2009 Report Posted October 12, 2009 Re: Forex Breakout System EA No idea. I still yet to test this EA after a series of bad backtest.... Is it the indicators place in the wrong folder? Or It is not catered for ECN broker? Quote
saendee Posted October 12, 2009 Report Posted October 12, 2009 Re: Forex Breakout System EA Indicators in indicator folder axisodl is 5 digit broker - gotrader ECN I only placed it on axisodl any way I olaced the trades manually 2 trades +10 pips each trade :shand: Quote
chankl78 Posted October 13, 2009 Report Posted October 13, 2009 Re: Forex Breakout System EA Woow... saendee, I use FBS CandleSticks pattern indicator to trade EG... Very very good.. First trade already earned 20pips.... Hmmm.. A big thank out .... Quote
saendee Posted October 13, 2009 Report Posted October 13, 2009 Re: Forex Breakout System EA =D> u see chankl78 u can have screen with all pairs while working & if u see a trade u can take & still keep working enjoy my friend I have 11 manual trades for week FBS breakout indicator 6 today all win +34 :-bd Quote
chankl78 Posted October 13, 2009 Report Posted October 13, 2009 Re: Forex Breakout System EA haha.. I am not using that breakout indicator.. I am more comfortable with candlestick... I am still using my C4 as my entry point.... But with candlestick indicator as my comfirmation... hmmm... Hee hee.. But, I think it is good to put in the breakout indicator... maybe got more chances in more trades.... Too bad, the EA is not good.. But, the indicator is damn solid to me. Quote
dudjom1109 Posted October 13, 2009 Report Posted October 13, 2009 Re: Forex Breakout System EA saendee said: =D> u see chankl78 u can have screen with all pairs while working & if u see a trade u can take & still keep working enjoy my friend I have 11 manual trades for week FBS breakout indicator 6 today all win +34 :-bd wow ! really cool..what time frame u use ? currently am testing out as well but maybe my understanding is not good thus not making it that well on my trades thks ! Quote
saendee Posted October 13, 2009 Report Posted October 13, 2009 Re: Forex Breakout System EA :shand: OK tf15 4 major pairs but as far as chankl78 candle stick indicator u must ask for his -buy sell =D> Quote
⭐ fscrp Posted October 13, 2009 Report Posted October 13, 2009 Re: Forex Breakout System EA Just a quick update regarding the EA. After 3 trading days (started testing last friday) my demo account is up 340 pips. All settings are default except for adjusting the times. There are several trades I have closed manually as the EA tends to let them run too long. At the end of the week I will post detailed statistics. Quote
fxman2000 Posted October 13, 2009 Report Posted October 13, 2009 Re: Forex Breakout System EA saendee said: =D> u see chankl78 u can have screen with all pairs while working & if u see a trade u can take & still keep working enjoy my friend I have 11 manual trades for week FBS breakout indicator 6 today all win +34 :-bd Dear Saendee, Would you please tell us exactly how to trade manually, when to enter and when to exit, I have put the indicators but I am a little bit confused. thanks. Quote
saendee Posted October 14, 2009 Report Posted October 14, 2009 Re: Forex Breakout System EA :shand: fxman 2000 same as the EA would trade as it breaks the box buy or sell =D> Quote
saendee Posted October 14, 2009 Report Posted October 14, 2009 Re: Forex Breakout System EA here we go if u trade this EA example EU in one session 80-20% win probability --if u trade the EA for asian london & new york sessions in the 24 hour period 50-50% ???or 40-60% win/loss probability so here are my 3 session settings EXAMPLES ONLY try u own pairs & hours ASIAN --TF15--USDJPY 22:45-03:00--trailing S/L 30 --break even pips 20 --cancel order hr.05 --close trades 06****London --TF15--GBPUSD 03:45-08 --same etc****NEW YORK ---EURUSD 11.45-16---same etc ( so 3 charts for 1 24 hour period ) so we are trading 12 of 24 hours in 3 different time frames ALL SETTING HOURS ARE 0gmt adjust to u broker +1--2-3 :shand: trailing S/L 30 & break even pips 20 are for 4 digit brokers **5 digit brokers add 1 ZERO to VALUES 300 - 200 :)) Quote
saendee Posted October 14, 2009 Report Posted October 14, 2009 Re: Forex Breakout System EA =D> for the members who would like to try different PAIRS & TRADING HOURS do not spend days back testing simply attach FBS breakout INDICATOR on the pair & trading hours of u choice as PARAMETERS are in the INPUTS of indicator & BINGO u have 30 days of history boxes for each of the 3 trading sessions \m/ Quote
⭐ deadsoul Posted October 14, 2009 Report Posted October 14, 2009 Re: Forex Breakout System EA guys i think we have the best ea ever since you can change time and inputs ...forex market is always changing so you must look for constant...and thats mean you must look for the point where the price will most likely move in one direction most of the time and you adjust your box there ...i hope you got the idea... Quote
saendee Posted October 14, 2009 Report Posted October 14, 2009 Re: Forex Breakout System EA deadsoul said: guys i think we have the best ea ever since you can change time and inputs ...forex market is always changing so you must look for constant...and thats mean you must look for the point where the price will most likely move in one direction most of the time and you adjust your box there ...i hope you got the idea... :shand: many thanks show us an example so we can understand better A CURVE can be here 1 day & gone the next :-? Quote
gringoh Posted October 14, 2009 Report Posted October 14, 2009 Re: Forex Breakout System EA Hello, I have just installed the Breakout indi, very useful for the London and Asian session. Not relevant for NY. Very visual,a good indicator, thanks for that Stormin_Norman, Kudos for you ;) I will use it for my manual trading first, I have to demo the EA but it seems that it's a bit complicated to find the best setting. I will give a look. Regards, Gringoh Quote
⭐ deadsoul Posted October 14, 2009 Report Posted October 14, 2009 Re: Forex Breakout System EA saendee said: :shand: many thanks show us an example so we can understand better A CURVE can be here 1 day & gone the next :-? here its...i hope you got the idea http://img100.imageshack.us/img100/5066/deadsoulgreat.gif Quote
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