Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
My observation on GBPUSD-- gbp move daily from 00 gmt to 2300 gmt on average 150--200 pips or more- base on this statistic I came up with a system - this system can be traded on 3 different times
1. at 00gmt-- buy 30+ above the open price or sell 30 pip below the open price tp 30 sl 30 (this is tested)
2. at 700gmt (london open) buy 30 pips above the open price sell 30 pips below the open price tp 60 sl 30 (this is tested) or 30 tp 30 sl (this is tested)
3. at 800NY time buy 30 above or sell 30 pips below tp 30 sl 30 (still in testing)
I found and ea to do the backtest the result is great-- but could be better if some adjustment is made
the ea will not open a new trade in the stop out end-- it will open a new trade on the other end -- and sometimes the price does not go to the other end- later move up back to the stop out end and then price move to the tp if I can get the ea to do this re-enter if price move back to the stop out end
so the expert coders I need your help
My observation on GBPUSD-- gbp move daily from
00 gmt to 2300 gmt on average 150--200 pips or more- base on this statistic I came up with a system - this system can be traded on 3 different times
1. at 00gmt-- buy 30+ above the open price or sell 30 pip below the open price tp 30 sl 30 (this is tested)
2. at 700gmt (london open) buy 30 pips above the open price sell 30 pips below the open price tp 60 sl 30 (this is tested) or 30 tp 30 sl (this is tested)
3. at 800NY time buy 30 above or sell 30 pips below tp 30 sl 30 (still in testing)
I found and ea to do the backtest the result is great-- but could be better if some adjustment is made
the ea will not open a new trade in the stop out end-- it will open a new trade on the other end -- and sometimes the price does not go to the other end- later move up back to the stop out end and then price move to the tp if I can get the ea to do this re-enter if price move back to the stop out end
so the expert coders I need your help
There are some variations of this kind of breakout strategys, specially for gbp-us, eur-us, and gbp-jpy. Your resuts mach with them. Low profitable trades (typically less than 50%) but very profitable in averall pip gain .
.
Linear Mode
