Somewhat based on:
Breakout System for EUR/USD and GBP/USD combined
Determine the 06.00 CET – 10.00 CET High Low on EUR/USD and GBP/USD
Determine the 10.00 CET – 14.00 CET High Low on EUR/USD and GBP/USD
Set BuyStop at High + 5 pips and SellStop at Low - 5 pips for both timeframes and both currencies
Set Target Price at entry + 80 pips for EUR/USD and entry + 120 pips for GBP/USD
Set StopLoss at entry - 50 pips for EUR/USD and entry - 70 pips for GBP/USD. If the other side of the Breakout is within 50 pips for EUR/USD or within 70 pips for GBP/USD then the StopLoss will be that level (Longtrade: SL = Low range - 5 pips = SellStop; Shorttrade: SL = High range + 5 pips = BuyStop)
Use a trailing stop of 30 pips for EUR/USD and a trailing stop of 40 pips for GBP/USD
At 24.00 CET all orders expiring and close all trades at market

combination of the two timezones and the two currency pairs maybe what gives the system an ok profit on average every month

trading this manually may be better as someone said the code couldnt match the strat above 100%

Breaktout123SDX-Tz.mq4 is an indicator markus made and isnt needed

*Some of Version 5 settings
ts = Bid-(Point*TrailingStop)

ts = Ask+(Point*TrailingStop);
Calculation via ATR



ts = Low[0] - FactorTSCalculation * iATR(NULL,0,14,0);

ts = High[0] + FactorTSCalculation * iATR(NULL,0,14,0);
Calculation via AveragePrice



ts = Low[0] - (FactorTSCalculation *(High[0]-Low[0]));

ts = High[0] + (FactorTSCalculation *(High[0]-Low[0]));
With this goes along the parameter FactorTSCalculation which is found in the above mentioned formules.*

Attached Files

	breakout123Trader_v5.mq4 (12.1 KB, 318 views)
	breakout123Trader_v6.mq4 (12.3 KB, 373 views)
	Breaktout123SDX-Tz.mq4 (6.7 KB, 370 views)
	Hans123Trader_v8.mq4 (13.1 KB, 495 views)

Very good backtesting for gbp 1m and eur 1m.

Very good indicator...

Attached Files

SDX-ZoneBreakout.mq4 (8.6 KB, 1267 views)

exellent! thank you hellkas!

Tkx Saintan

Try the EA Show Us Your Best EA

YA REGARDS TO IT very nice

Sailor

Hi ... I'm trying to use the indicator, but I can't understand who to get benefit of it?
Would you please tell me just the guidelines?.
Thanks.

This is the strategy originally posted by hans123 in sbfx:

SDX stands for Shimodax, he's a user on the strategybuilderfx forums. He's done quite a few custom indicators prefixed with SDX. Credits go to him for this breakout indicator.

Anyone using this EA and having success? If so which version do you use, there are 9!! I have been reading the threads on strategybuilderfx about it and many are using it live.