Hi riffster,

Impressive system! Question...

What time zone are you in? I notice that the trillion dollar day indicator is set from 19:50 - 00:05 and 17:30 respectively. This will impact on the amount of potential profit available throughout the day, although the signals look to be correct.

Perhaps to be even more specific, taking your currency pair of GBPJPY, should we not set the indicator to be the open time of JPY at 00:50-5:05 London time and the end of London time 22:30 (which I presume provides a 2hr gap to allow JPY markets to close off the day and prepare for the new)?

Otherwise, please explain why your parameters for the indicator are set for the values mentioned in my first paragraph.

Hi riffster,

I think I worked out the answer myself. Your server time is GMT, if you are with CrownFX. That being the case then the following is true:

My broker server is GMT +1, thus I should adjust your values to +1 accordingly.

JPY (Tokyo) opens at 00:00 GMT time

Your breakout high and low is determined by the setting periodA_begin and periodA_end. Thus with your settings you have a 5hr 45 min window to determine breakout values, with 5 mins of that time after Tokyo opens. If the 2 values cross over to a new day, you put a 1 for the bool value in nextday_A.

Your trading window is determined by the value periodB_end. Thus giving you 17hrs to place trades. You place a 1 for the bool value in nextday_B because the values in period_A cross over to a new day.

You allow the market to 'cool off' for the remainder.

Am I correct?

Sorry riffster,

Please ignore previous posts as I had somehow skipped page 2 of this thread where you explain about brokers times.

I got that question a lot. That's why I hosted the system here:

Old Dog - Breakout

Now all you have to do it open a web page...

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