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the manual mention try to draw the trendline as parrell as possible but this is just not possible in most cases.. last two weeks are really bad for this system

 

James,

 

Try to set up the system on more than one currency, observe the behaviour of each cureency when the breakout occurs and set your TP & SL accordingly. Try this in demo for a week or so and let me know how you go.

 

My advice is to forget trying to draw the lines as stated in the manual and do them the way I suggested. The reason being is that it keeps you out of the bad trades much longer than the way it says in the system manual.

 

Rgds

RM

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hi retireme,

but inorder to see the breakout i need a trendline... thats where the problem occurs..

 

Hmm...

 

Upper trendline is 6 hour no trade period HIGH

Lower trendline is 6 hour no trade period LOW

 

Breakout is two closed bars above either of those trendlines.

 

Maybe I am not understanding what you are saying!

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Two lines, first horizontal line for highest HIGH and second line for lowest Low (between 00-06hr.) If price breakout that box then wait for 2 bars confirmation in either direction.

 

http://[email protected]/photo/9cZ0GaBc/breakoutChart.html

 

draw highest line to lowest line? only 1 line? meaning a cross towards the candles?
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