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Old 07-10-2006, 11:56 AM
Junior Member
 
Join Date: Feb 2006
Posts: 15
bcitra is on a distinguished road
Breakout System (Great Result)

Hi,

This system is based on HANS123 system that i got from the other forum,it uses breakout of 2 currency pairs. EUR/USD and GBP/USD. After the investigation the result for longterm, to use this system only with GBP/USD is more profitable. But there is some difference setting for this rule rather than the HANS123 system.

This is the rule of the system that i get.

1. Determine the 06.00 CET – 08.59 CET High Low on GBP/USD
2. Set BuyStop at High + 15 pips and SellStop at Low - 15 pips @ 09.00 CET
3. Set Target Price at entry + 150 pips
4. Set StopLoss at entry - 70 pips for GBP/USD
5. Move the SL to breakeven after a gain of 40 pips
6. At 17.00 CET close any open position that still remain.

Could someone please code the EA for this strategy, i have found 1 person can code this system on the other forum but he doens't want to share that EA eventhough the EA that he produced really profitable

To trade it manually is really easy, but if there is an EA for this system that would be a great benefit for everyone.

Thanks..
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Old 07-10-2006, 03:55 PM
pelele79's Avatar
Senior Member
 
Join Date: Mar 2006
Location: Venezuela
Posts: 315
pelele79 is on a distinguished road
The idea of this EA sound very good.

Pedro Echenagucia

Quote:
Originally Posted by bcitra
Hi,

This system is based on HANS123 system that i got from the other forum,it uses breakout of 2 currency pairs. EUR/USD and GBP/USD. After the investigation the result for longterm, to use this system only with GBP/USD is more profitable. But there is some difference setting for this rule rather than the HANS123 system.

This is the rule of the system that i get.

1. Determine the 06.00 CET – 08.59 CET High Low on GBP/USD
2. Set BuyStop at High + 15 pips and SellStop at Low - 15 pips @ 09.00 CET
3. Set Target Price at entry + 150 pips
4. Set StopLoss at entry - 70 pips for GBP/USD
5. Move the SL to breakeven after a gain of 40 pips
6. At 17.00 CET close any open position that still remain.

Could someone please code the EA for this strategy, i have found 1 person can code this system on the other forum but he doens't want to share that EA eventhough the EA that he produced really profitable

To trade it manually is really easy, but if there is an EA for this system that would be a great benefit for everyone.

Thanks..
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
 

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