saendee Posted October 14, 2009 Report Share Posted October 14, 2009 Re: Forex Breakout System EA =D> many thanks ^:)^ I will leave u thought to the other thread members to explore =D> Quote Link to comment Share on other sites More sharing options...
saendee Posted October 14, 2009 Report Share Posted October 14, 2009 Re: Forex Breakout System EA =D> post 1 million of this thread **IF WE START TO GET A FEW MORE THREAD MEMBER TO EXPERIMENT WITH PAIR & HOUR TO TRADE ** i will keep posting if not I will only post VIA PM **the limited testing I have done is that with fine tuning by many members that possibly this EA is MAYBE the only EA that can trade profitably on reporting MAJOR NEWS EVENTS :-? [-O< enjoy & have a nice day :shand: Quote Link to comment Share on other sites More sharing options...
wirastomo Posted October 14, 2009 Report Share Posted October 14, 2009 Re: Forex Breakout System EA Very Confuse,... My Broker have GMT +0 what is add Asia BOX start? and what a pair, and what TF? any one can help, this... X_X for GMT setting I check this web : http://fxtradeinfocenter.oanda.com/market_news/fxmarkethours/ (may we all understand). Quote Link to comment Share on other sites More sharing options...
saendee Posted October 14, 2009 Report Share Posted October 14, 2009 Re: Forex Breakout System EA :shand: read my post for my settings :-bd ALL SETTINGS ARE (0gmt) Quote Link to comment Share on other sites More sharing options...
wvic Posted October 14, 2009 Report Share Posted October 14, 2009 Re: Forex Breakout System EA There are a ton of breakout strategies on the ff forum. Thought it might help those researching this. Good luck Quote Link to comment Share on other sites More sharing options...
wirastomo Posted October 15, 2009 Report Share Posted October 15, 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 :)) thx saedee,.. if broker gmt+1, just add 1hour later? exp: GMT+0 Asia 22.45 - 03.00 London 03.45 - 08.00 GMT +1 Asia 23.45 - 04.00 London 04.45 - 09.00 Correct it if I'm wrong,.... thx :)>- Quote Link to comment Share on other sites More sharing options...
saendee Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA :shand: yes gmt + broker 1 add to the trading hours these are only examples I hope every tries other settings & pairs & post u results SO FAR TODAY EU & UJ no trades as did not move outside the box :-bd Quote Link to comment Share on other sites More sharing options...
saendee Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA :shand: Don't know what happened here EA opened trade then closed it before stop/loss hit so I opened it manually & set T/P----------------------------------------------------------------------this on live a/cAxisForex Group Holdings Pty Ltd Account: xxxxx Name: Axisforex - xxxxxx Currency: AUD 2009 October 15, 08:58 Closed Transactions: Ticket Open Time Type Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit 10128439 2009.10.15 08:12 buy 0.10 gbpusd 1.61849 1.60390 0.00000 2009.10.15 08:12 1.61812 0.00 0.00 0.00 -4.01 10123905 2009.10.15 03:00 buy stop 0.10 usdjpy 89.701 89.279 0.000 2009.10.15 03:00 89.384 cancelled 10123907 2009.10.15 03:00 sell stop 0.10 usdjpy 89.260 89.682 0.000 2009.10.15 03:00 89.364 cancelled 10128441 2009.10.15 08:00 sell stop 0.10 gbpusd 1.60370 1.61829 0.00000 2009.10.15 08:30 1.62004 cancelled 10129303 2009.10.15 08:25 buy 0.20 gbpusd 1.61918 0.00000 1.62063 2009.10.15 08:29 1.62063 0.00 0.00 0.00 31.46 0.00 0.00 0.00 27.45 Closed P/L: 27.45 Open Trades: Ticket Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit No transactions 0.00 0.00 0.00 0.00 Floating P/L: 0.00 Working Orders: Ticket Open Time Type Size Item Price S / L T / P Market Price No transactions Summary: Deposit/Withdrawal: 0.00 Credit Facility: 0.00 Closed Trade P/L: 27.45 Floating P/L: 0.00 Margin: 0.00 Balance: 1 168.45 Equity: 1 270.45 Free Margin: 1 270.45 Quote Link to comment Share on other sites More sharing options...
wvic Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA Their are some pretty handy tools in this package. Have to learn how to use it now. Quote Link to comment Share on other sites More sharing options...
saendee Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA Their are some pretty handy tools in this package. Have to learn how to use it now. :-bd post u findings please enjoy =D> Quote Link to comment Share on other sites More sharing options...
saendee Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA :-? very hard to work this EA out my live accounts are gotrader gmt +2 --asixodl gmt so ALL I work out is that EA ONLY works on u broker time so any settings that posted are BROKER TIME NOT SETTING HOURS so if some 1 can add defaults gmt offset feature to this EA ^:)^ many thanks in advance & enjoy =D> Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA go are GMT+2. just adjust the hours appropriately. Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
⭐ fscrp Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA Regarding the EA - do not change any settings or add/remove charts if there are any pending orders. I removed one chart while there were pending orders for other pairs and they were all removed! Quick update on EA performance: 614 pips profit in 6 trading days I have removed the EA from GBPUSD and AUDUSD because they had poor performance. Also, the exit rules leave a lot to be desired - I have closed many trades manually. Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA great results fscrp, so what pairs are you running currently? and besides closing manually are you using defaults? Also, what is your deicision based on to close manually? Quote Link to comment Share on other sites More sharing options...
⭐ fscrp Posted October 15, 2009 Report Share Posted October 15, 2009 Re: Forex Breakout System EA Iceman777, I have the following pairs running: EURUSD, USDCHF, USDJPY, EURJPY. All settings are currently default except the hours. My decisions to close a trade don't have any specific rules. Over the last few months I have spent a LOT of time just watching charts and I sort of get a "gut feeling". I look at price action, candle patterns and support & resistance areas to see what is likely to happen. I am not always right to close early, but some profit is better than no profit or a loss. I will be sharing statistics of my experience so far after the the NY breakout session friday. Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA I loaded thes pairs today ready for asian session, but when it evetually populates the boxes and tries to set up the stop orders I get trade context busy so wont trade I'm with GoMarkets Quote Link to comment Share on other sites More sharing options...
fxman2000 Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA I loaded thes pairs today ready for asian session, but when it evetually populates the boxes and tries to set up the stop orders I get trade context busy so wont trade I'm with GoMarkets Yeah, i have the same problem with fxopen. Quote Link to comment Share on other sites More sharing options...
wvic Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA 2009.10.16 19:53:26 FBS Breakout System Expert GBPUSD,M15: NY #486269 - Cant Close Partial after 3 mins - Aborting 2009.10.16 19:53:42 FBS Breakout System Expert GBPUSD,M15: invalid lots number for OrderClose function I've just tried this ea on gomarkets and lots of problems such as already mentioned and also getting the errors above. Could be either ecn orders or 5 digit pricing??? thanks Quote Link to comment Share on other sites More sharing options...
saendee Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA :shand: I had same problem **disable EA from chart then drag & drop again to chart do u setting for sessions & should work there is a floor in changing settings VIA RIGHT CLICK on EA already on chart ( hope this helps settings MUST be adjusted to broker time not gmt) :-bd Quote Link to comment Share on other sites More sharing options...
ShaKerZ Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA What the best pairs for this EA and which TF ? Quote Link to comment Share on other sites More sharing options...
ShaKerZ Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA Is there settings are correct (for broker with GMT + 2) : Author=www.Forex-Breakout-System.com Asia_FixedLots=0.02000000 Asia_BoxStart=24:00 Asia_BoxEnd=3:00 Asia_CancelOrders=5:00 Asia_CloseTrades=6:00 Asia_OffsetPip=0 Asia_OffsetPercent=10 Asia_OneCancelsOther=0 Asia_SL_OppositeSide=1 Asia_StopLoss_Pips=0 Asia_Trailing_StopLoss_Pips=50 Asia_TakeProfit_Pips=0 Asia_BreakEven_Pips=30 Asia_BreakEven_ClosePercent=50.00000000 Asia_BoxColor=65535 London_FixedLots=0.02000000 London_BoxStart=08:00 London_BoxEnd=11:00 London_CancelOrders=13:00 London_CloseTrades=15:00 London_OffsetPip=0 London_OffsetPercent=10 London_OneCancelsOther=0 London_SL_OppositeSide=1 London_StopLoss_Pips=0 London_Trailing_StopLoss_Pips=50 London_TakeProfit_Pips=0 London_BreakEven_Pips=30 London_BreakEven_ClosePercent=50.00000000 London_BoxColor=2139610 NY_FixedLots=0.02000000 NY_BoxStart=13:00 NY_BoxEnd=15:00 NY_CancelOrders=18:00 NY_CloseTrades=19:00 NY_OffsetPip=0 NY_OffsetPercent=10 NY_OneCancelsOther=1 NY_SL_OppositeSide=1 NY_StopLoss_Pips=0 NY_Trailing_StopLoss_Pips=50 NY_TakeProfit_Pips=0 NY_BreakEven_Pips=30 NY_BreakEven_ClosePercent=50.00000000 NY_BoxColor=16711935 LOG_Lines=10 LOG_LabelNormal=42495 LOG_LabelWarning=16711935 Quote Link to comment Share on other sites More sharing options...
wirastomo Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA Is there settings are correct (for broker with GMT + 2) : Author=www.Forex-Breakout-System.com Asia_FixedLots=0.02000000 Asia_BoxStart=24:00 Asia_BoxEnd=3:00 Asia_CancelOrders=5:00 Asia_CloseTrades=6:00 Asia_OffsetPip=0 Asia_OffsetPercent=10 Asia_OneCancelsOther=0 Asia_SL_OppositeSide=1 Asia_StopLoss_Pips=0 Asia_Trailing_StopLoss_Pips=50 Asia_TakeProfit_Pips=0 Asia_BreakEven_Pips=30 Asia_BreakEven_ClosePercent=50.00000000 Asia_BoxColor=65535 London_FixedLots=0.02000000 London_BoxStart=08:00 London_BoxEnd=11:00 London_CancelOrders=13:00 London_CloseTrades=15:00 London_OffsetPip=0 London_OffsetPercent=10 London_OneCancelsOther=0 London_SL_OppositeSide=1 London_StopLoss_Pips=0 London_Trailing_StopLoss_Pips=50 London_TakeProfit_Pips=0 London_BreakEven_Pips=30 London_BreakEven_ClosePercent=50.00000000 London_BoxColor=2139610 NY_FixedLots=0.02000000 NY_BoxStart=13:00 NY_BoxEnd=15:00 NY_CancelOrders=18:00 NY_CloseTrades=19:00 NY_OffsetPip=0 NY_OffsetPercent=10 NY_OneCancelsOther=1 NY_SL_OppositeSide=1 NY_StopLoss_Pips=0 NY_Trailing_StopLoss_Pips=50 NY_TakeProfit_Pips=0 NY_BreakEven_Pips=30 NY_BreakEven_ClosePercent=50.00000000 NY_BoxColor=16711935 LOG_Lines=10 LOG_LabelNormal=42495 LOG_LabelWarning=16711935 saendee wrote: 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 :)) thx saedee,.. if broker gmt+1, just add 1hour later? exp: GMT+0 Asia 22.45 - 03.00 London 03.45 - 08.00 GMT +1 Asia 23.45 - 04.00 London 04.45 - 09.00 Quote Link to comment Share on other sites More sharing options...
ShaKerZ Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA Thanks but... I 'don't understand ! There is too many parameters as TF, hours, many charts... @-) What the timeframe and pairs recommanded ? Quote Link to comment Share on other sites More sharing options...
wesladf Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA Hi guys, I will start my backtest starting from today and see if I can get any good settings that can help our good guys here............ Cyah then :-bd Quote Link to comment Share on other sites More sharing options...
⭐ fscrp Posted October 16, 2009 Report Share Posted October 16, 2009 Re: Forex Breakout System EA Here are my results after 6 trading days with the EA: 558 pips. Had a trade reverse that resulted in -56 pips this morning X-( Total trades: 62 Profit trades: 49 (79.03%) Loss trades: 13 (20.97%) Max drawdown: 5.41% Observations: Asia session the most profitable overall, London very close though[/*:m:1mzjmrhg] NY session not good for big breakouts.[/*:m:1mzjmrhg] AUDUSD did well during the Asia session[/*:m:1mzjmrhg] GBPUSD staying off until it shows more action[/*:m:1mzjmrhg] USDJPY and EURJPY best performing pairs, EURUSD very close behind[/*:m:1mzjmrhg] The only changes I have made so far were to adjust the times for my broker - All other settings were defaults. Several trades in profit closed manually, not sure of the exact count. The link below is to a spreadsheet breaking down all of the trades http://slil.ru/28088172 Plans: NY Session - change TP to 5 pips[/*:m:1mzjmrhg] AUDUSD - run only during Asia session[/*:m:1mzjmrhg] Modify the EA to lock in a few pips at breakeven instead of zero[/*:m:1mzjmrhg] Quote Link to comment Share on other sites More sharing options...
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