Yea I agree. That would be a great addition. Even adding a SL and TP funtion based on ATR values would be also a great option.

Generic Breakout V5

Hey man, Do you think for a breakout EA it would be better to make the Identification of a Range a bit more dynamic. Instead of just Time Based and Max Range Size Based? Max Range Size Based is a good idea. However I think it needs to be a bit more ...

Generic Breakout V5

Hey Ronald, Do these values take into account five digit brokers? Or do I need to add an extra zero to these numbers? Cheers

Generic Breakout V5

Looks like u going to do ur money today.

EURUSD

Still might get a setup on this one... If price can break through here good probability trade

Breakout System

We all still around. Trade away and test it. Demo trade it and stick to the rules. One thing that might help you. Draw lines on the chart using the asian session previous swing highs and lows. Wait for a valid set up bar to close outside of these ...

Breakout System

You will need to select none for the Bollinger Bands Setting on the first picture you see in this post. This will remove the original Bollinger Bands and leave the 0.75 and -0.75 bands. url

Breakout System

Yes indeed very good.

Breakout System

Unfortunately I did not have "display why it is not a signal" option ticked. It is now. Testing will continue out of European Session Times to test the signals that are given. So far signals that are generated I am happy that they are meeting the ...

Breakout System

Trade expiration prevents getting fills on trades where next bar does not break the highs.

Breakout System

No problems on the next bar. Pending orders was open ok.

Breakout System

Quick Chart. Noticed just now that there was a signal given. However no order was placed. Was this because price was moving too fast and there was not enough room to place the order above the high of signal bar because of the minimum stop distance? ...

Breakout System

Yes EURUSD would of been good trade. I assume that is the pair you are referring to. Better make sure you send many thanks to PipPicker for his expert assistance in constructing the EA and getting it to this level. Please make a record of anything ...

Breakout System

Just want to point out something to everyone. This is not designed to be a set and forget EA that will make money in all market conditions. This system is designed as a Breakout System primarily designed for the London/European Market Open. Please ...

Breakout System

Breakout Strategy is a good Strategy. GBPUSD is closing in on Resistance Levels on the Daily Time Frame. So a bit of caution is required at current levels. Currently price is struggling at Daily R1 Pivot Point. Something to be aware of. ...

Breakout System

To set EA to TP at the first opposite tick does that mean use Group SL=true?

Grid Trading

That is not the idea if you are a trend follower trader. Catching a Breakout of a Range Bound Market is tricky at best. Take a look here for some ideas. url To trade a trend there must be an existing trend in place. The best way to identify if ...

Determining Trending vs. Consolidating

How about rate of change of a moving average? Moving Average Smooths price. The higher the rate of change of the moving average the better the trend.

Determining Trending vs. Consolidating

Can this EA be coded to just trade the London Market Open? In this way it captures the initial thrust that comes when the Market Opens? Theory is sound in my mind for a fast move like a Market Open. I will be running it on demo to test it. Can't get ...

Grid Trading

I suspect the alet will give better signals when the Center Bollinger Band is taken as the direction for the trend. This would be the equivalent of a 9 SMA and a 21 SMA both pointing up and the Signal Bar Closing outside of the Bollinger Band range. ...

Breakout System