EURUSD Signal Generated. Sell Signal Bar. Take Profit Hit on First Position Second Rolling..

Breakout System

Quick Chart for todays price action. Note Second Position which is taken at the time of the first position does not have a Take Profit Target it only has an Initial SL level. The second position is what is used to try to capture the trend breakout. ...

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Sure thing. There are plenty of examples already and the rules are fairly clear. I was not here for the market open so I missed the trade today.

Breakout System

Does the minimum "Stop Level" you mention equal the spread? Which is different for each pair. When I open a deal ticket and attempt to open a pending order there is a minimum distance from market condition which is the spread I presume. Seems to ...

Breakout System

This will do what you want I suspect. Or you could just look at your taskbar clock

Breakout System

We want to get into the trade at a price which is +1 pip above the high or below the low of the signal bar. For example if the Signal Bar has a high of 0.6900 and the spread is +3 then when price gets 0.6901 we will get filled at 0.6904 It is a ...

Breakout System

So that you actually get into the trade once the price has gone past the previous bars high. Otherwise you maybe getting into the trade too early.

Breakout System

Chart always show the "SELL" Price. It is just the way it is I believe. One thing I was wondering would it be possible to add an option into the EA that would allow user intervention when setting the Entry Price. For example instead of using Entry ...

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I did take this signal on the USDJPY however. First Position hit TP target and second is still rolling.

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Trending nicely. System rules state that move SL when there is a new upbar/signal bar. I did not do that. I moved it under each new bar to lock in profits. If i followed the system strictly then would still be in this trade with second position.

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Using middle band as the direction is a good idea. I did not think of that, and yes horizontal line is a no trade signal. The asian trading session range could be added as an option. Basically using technical analysis theories when a range bound ...

Breakout System

I suspect the Breakout Alert does need to be modified to allow for the bottom bollinger band to be pointing down a little for an up move, because it currently is not giving signals because of this. This is a problem. Even though the rule is both ...

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Price is consolidating before deciding which way to go. Natural phase of the Market. As expected price did in fact retrace and take my stop out. 15 Pips on First one and 17 Pips on Second Contract. Total 37 Pips.

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First order is filled. TP Target hit on First Position. Second Position still rolling. Moved SL on second position under last completed bar to lock in additional profits. Once again move SL under next completed bar.

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This is the type of High Low Range I'm talking about PipPicker.

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Potential Trend Setting up. Did not get second position order open quick enough. Sell on a limit got filled and moves SL so it is above the previous highest bar. Try and ride the trend down a little... Currently short on 3 Pairs..... EURUSD GBPUSD ...

Breakout System

One more thing PipPicker is when the asian session trades generally a range develops on the GBPUSD. If you could make the EA check the bars and calculate the highest high and the lowest low for the entire asian session then we would have the top and ...

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Support Evident at the 50% Retracement. Good chance will retest daily highs or near enough to take some more profits. Just put my stop to Break Even. Getting tired now. I'm heading to bed. Likely will get taken out for Break Even.

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After a big up move like that there is almost always a retracement of some sort. Experienced Traders will know the signs that will indicate when a retracment is likely.

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Also another filter that can be potentially added to help filter losing trades could be to add the Average Daily Range into the equation. Generally it is not a good idea to be taking Long Signals when Price Action has travelled the equivalent of the ...

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