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- bigjim1958 replied Nov 6, 2008
indicator — Hi folks: Please see previous post about the cable, this is the EUR from the same session. You can see the second breakout and the check mark, but no alert and nothing written on the screen noting a breakout. Any help would be ...
Nomoretoxic's breakout
- bigjim1958 replied Nov 6, 2008
Indicator — Hi Folks: Looking at the attached chart, could anyone tell me why the alert didn't consider the second breakout at 1.5981 as valid. It put a green check mark on it, but didn't send a alert and if you read it you'll see it says it's ...
Nomoretoxic's breakout
- bigjim1958 replied Nov 4, 2008
Indicator — Hi everyone: Big thanks to everyone, especially nomo, I'm finally in the positive with my trading thanks to you. Question for Cheelu. I attached a chart of last night's London session and the EUR. I hope you can see the indicator ...
Nomoretoxic's breakout
- bigjim1958 replied Oct 30, 2008
Hi Nomo: I realize we keep out S/L at 1% of balance per trade, changing out lot sizes to reach that amount. I'm confused about how you determine S/L. If you don't use the box, or the EA that draws the dashed line, what do you use? Do you go be feel, ...
Nomoretoxic's Money Management
- bigjim1958 replied Oct 30, 2008
Hi Nomo: I'm a little confused about your m.m rules. You mentioned previously you went for 20 pips. During the london session today, the EUR and the Cable boxes were approx. 120 pips each. This would be a R/R of 6:1, an insane ratio. What is the ...
Nomoretoxic's Money Management
- bigjim1958 replied Oct 29, 2008
Thanks for the indicator, you rockJim
Nomoretoxic's Money Management
- bigjim1958 replied Oct 28, 2008
ATR indicator — Hi nomo: Thanks for the great document. I was thinking about opening up a daily chart and using ATR to determine the daily range of a currency like you suggest. Any thoughts on if this is a good idea, and if it is, how many ...
Nomoretoxic's Money Management
- bigjim1958 replied Oct 28, 2008
Valid signal? — This message might be for cheelu. On G/U this morning, EA called breakout short at 1.5665, the next candle closed down, not up, but I believe the EA considered that a retracement candle, because the next candle down was ...
Nomoretoxic's breakout
- bigjim1958 replied Oct 18, 2008
Confused — Hi Nomo, I think we're more confused as a group then when you first introduced your method. Any help would be greatly appreciated. This is a great system, just have to get all of us up to speed. Jim
Nomoretoxic's breakout
- bigjim1958 replied Oct 17, 2008
Sorry my bad: I meant to say that a candle is a PULLBACK candle only if it closes opposite of the direction of the breakout, sorry for that. Also if people could distinguish between the first breakout, when price first breaks the box and the second ...
Nomoretoxic's breakout
- bigjim1958 replied Oct 17, 2008
I was under the impression that a candle is a breakout candle (for long) if it's a bearish candle only. If it doesn't make a new high, but doesn't close below open, that is not considered a pullback candle, nomo?Jim
Nomoretoxic's breakout
- bigjim1958 replied Oct 17, 2008
Hi: Follow up to previous post, loaded the indicator and ea, it works, but don't have stop loss line. If someone has a better way to get it to work, I'm all ears. This way will work, but it won't have the stop loss level. Any suggestions?Jim
Nomoretoxic's breakout
- bigjim1958 replied Oct 17, 2008
Hi folks: I loaded "breakout alert ex4 EA", #645 and got the text on the screen but no box. Do we then have to load "BoxBreakout.ex4, #644 to get the box and will they both work together. I couldn't get them to work, but that could be me. Hopefully ...
Nomoretoxic's breakout
- bigjim1958 replied Oct 16, 2008
Thanks for the quick reply nomo:I agree it's an awesome indicator. Last question, I promise, which version are you using. He has a couple of different ones, an EA, and some on his journal. If you could just direct me to which post # you use, that ...
Nomoretoxic's breakout
- bigjim1958 replied Oct 16, 2008
yes, the box provided by cheelu doesn't appear to use the first candle the way that you recommend. Again, I may be wrong, just looking for your inputJim
Nomoretoxic's breakout
- bigjim1958 replied Oct 16, 2008
Thanks for the reply: I was wondering Nomo, if this variation on the box is ok in your opinion to use, or should we stick to the original rules for the size of the box?ThanksJim
Nomoretoxic's breakout
- bigjim1958 replied Oct 15, 2008
Hi folks: i attached the new indicator that was done so nicely by cheelu #644, but unless I'm seeing things, the beginning of the box looks like it might be off. The red line indicating the limits of the box plus a buffer is higher than even the low ...
Nomoretoxic's breakout
- bigjim1958 replied Oct 15, 2008
Hi cheelu: First off, thanks for a great indicator. I'm trying to add two different time frame indicators to the same chart, i.e., london box and then n.y. box and it won't let me, it always gets rid of the older box. Does someone have a solution ...
Nomoretoxic's breakout
- bigjim1958 replied Oct 11, 2008
thanks — Hi Nomo: Thanks for that consice, informative explanation. You helped me a lot and I'm sure a lot of others on this thread. Have a great weekend. Jim
Nomoretoxic's breakout