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  #21 (permalink)  
Old 02-07-2008, 03:08 AM
pjo pjo is offline
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WIB Red Box

Is WIB GMT+7 Jakarta time ?

Why do we have to avoid red box ?
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  #22 (permalink)  
Old 02-08-2008, 03:13 AM
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Cool Just follow the rules !!

u cannot ask me why should we have to open potition after the red box, it`s the rules of this system, just follow and u can make a lot of pips

Currency Trading Articles

Last edited by roel_77; 11-20-2009 at 09:19 AM.
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  #23 (permalink)  
Old 02-08-2008, 10:53 AM
pjo pjo is offline
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Quote:
Originally Posted by roel_77 View Post
u cannot ask me why should we have to open potition after the red box, it`s the rules of this system, just follow and u can make a lot of pips

Newbie Maniac
I would like to ask the developer of the system on this question.
I thought you are the developer of the system.
Do you know who developed this system ?
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  #24 (permalink)  
Old 02-08-2008, 05:23 PM
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hidden SL?

Q :
- Is TrailingStopEA include to hiding our SL?
- I'd been trying to input regular SL, but it will disapering, won't done when the price hit
- So.... we did not have a SL at all ?

Regards
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  #25 (permalink)  
Old 02-08-2008, 06:14 PM
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Ts Ea

i believe that the trailing stop ea overrides your stops - can't have conflicting stops. so no need to set regular stops if you use the EA. remember to uncheck "ask manual confirmation".

made 10% (demo) with this strategy last night. did not wait to cross the green line; just waited to cross out of the red box at 3 am EST and went long with the indicators.

Last edited by buddhi; 02-08-2008 at 06:16 PM.
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  #26 (permalink)  
Old 02-08-2008, 09:29 PM
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The red box is based off the times in the breakout indicator, which are of course different depending on your platform. What should the 3 time settings be for FXDD or Interbank -- anyone know?
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  #27 (permalink)  
Old 02-08-2008, 10:38 PM
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red box

i'd say set it for 3 am EST; the London open.

just have to look at current price bar on 1 hour TF and use trial/error to change the time that the red box ends by counting back to the 3 am 1 hour price bar.
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  #28 (permalink)  
Old 02-09-2008, 01:15 AM
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So it should be set so the box ends at 3 am est? Ok, then what should periodBegin and periodEnd be? If anyone can tell me the times for all 3 in either est or gmt that would be appreciated. Thx

Quote:
Originally Posted by buddhi View Post
i'd say set it for 3 am EST; the London open.

just have to look at current price bar on 1 hour TF and use trial/error to change the time that the red box ends by counting back to the 3 am 1 hour price bar.
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  #29 (permalink)  
Old 02-09-2008, 02:02 AM
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Question me too!!!!!!!

Quote:
Originally Posted by robp View Post
So it should be set so the box ends at 3 am est? Ok, then what should periodBegin and periodEnd be? If anyone can tell me the times for all 3 in either est or gmt that would be appreciated. Thx


same for me too
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  #30 (permalink)  
Old 02-09-2008, 06:11 AM
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settings


first, i should say that i am assuming that 3am est is where the red box should end. looking over the past breakouts, it looks best. breakouts are considered the best trade possibility and the london breakout has the best momentum, so i assume that this setup is a london breakout trade. anyway, that is what i am using it for.

so i have periodbegin: 0:00
periodend: 8:30
and box end: 23:00

but the other variable is the broker's server time, which is GMT -1 on my alpari-ru platform.

so you may have to do some gmt higher math here.

easiest just to find the 3am est bar (use a 1-hour timeframe to make it easy to figure out) and set the boxend on that candle through trial/error.
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BreakOut PANCA EAGLE, trailingstopea, panca eagle, amazing, gbp jpy indicator, eagle breakout, breakout indicator, gbpjpy, gbp/jpy, toptrend, panca eagle breakout, london breakout


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