Danno, I have started testing, but I already see that in those 2005 conditions there should be more than 2 trades per week. i would say up to 4. It looks like market is making up and down move as if deciding where to go and then on move 3 or 4 it ...

4H Box Breakout

It looks like I downloaded.

4H Box Breakout

Damn, I cannot test 2005. I am scrolling it manually on FXDD MT4 and it goes back only to 2006.

4H Box Breakout

Also, I am quite sure those years boxes were small. probably 60-100 pips. so, risking 1-2% per trade. pip size would be much bigger. Hence, return would be not that bad...In bad years funds lose money. This system is just earns less. It is great ...

4H Box Breakout

I will do it. I will back test 2005. 2 ways: set BE after say 20-50 pips depending upon what volatility was then , without and with taking partial profit. With your great back testing results, I see no reason to trade anything else. Why to risk ...

4H Box Breakout

I see, you mean compounding, certainly., if we up in a month, we up our pip size accordingly or set it down if we are in loss. This system is beautiful. Van Tharp rightfully told that trading success it is 90% psychological factor. It is the ...

4H Box Breakout

It is already higher risk... while you know results from this strategy you cannot say you know how successful your scalping will be...Scapling is noise. You actually can lose whatever you earn on this strategy. what I think is partial profits and ...

4H Box Breakout

Danno, some misunderstanding? You mentioned $10 000 account and risking 1-2% per trade. so, how is it possible to trade $18 per pip? Did you mean $1.8 pr pip? $18 is for $100 000 account. with average box of 160 pips pip size actually would be $0.7 ...

4H Box Breakout

Are you already trading live funds? I am sticking to this plan, just trying to see what trade management slight c hange can do in different market conditions. By the way, in ranging years, did you back test if we take partial profits? I think it is ...

4H Box Breakout

Hi Freako, I have no system per se. I am using BRW method although it is not scalping method but suited for bigger pips... go to this forum, it is in Forex Factory but not strategies discussions: url It is method to trade market with S/R. It is ...

4H Box Breakout

I agree with you 100% . We got similar mindset It takes much less time than scalping the market and with much less risk.

4H Box Breakout

Yeah, Danno96 has made a super JOB! His modification is what I am trading as well. If I make 30% annually by risking 1% per trade, I will be extremely happy! I am really fed up of scalping although I can do it pretty well. This is the strategy I ...

4H Box Breakout

I am actually aiming at TP3 or 3% as maximum. Moving stop loss twice. once to BE and after it hits TP2 moving to TP1 and letting it run to max TP3. it is about letting profits run to be profitable in the long run.

4H Box Breakout

I think overall volatility should be included into our decision to pass or to get in. If overall volatility is high and 200 pips for a box/ candle is regular so we enter, if general volatility is not that high and we suddenly have 200 pips box we ...

4H Box Breakout

I would pass 500 pips box myself. but 200 pips looks fine with Oanda we can set any size we want. it is a really great feature, however, EA will not work here.

4H Box Breakout

Danno, how is this possible? 4) Do not trade when range is > than 200, SL will be > than 2% Why it should be 2%. Probably it is relkated to the broker you are with? I can have 1$ risk with any number of pips per box. I also noticed that when box is ...

4H Box Breakout

Begbrook, thanks However I follow Ace on this one. S/R method I use at another account. I do not like to mess things and want to see statistics with pure methods. I am just making minor changes on trade management level but they are small and I ...

4H Box Breakout

Thank you Danno Great job!

4H Box Breakout

we should remember that the best tank of WWII was T-34. Soviet tank. It was simple, dependable and robust. German tanks like Tiger and Panther were more sophisticated but they lost. Keep things simple. Less chances for something to go wrong. The ...

4H Box Breakout

Exactly, but it should be done like trailing stop of yours, some small changes in trade management to have options in ranging markets, letting profits run better and so forth, but the core should stay intact. Also, as I see it, it is intra week ...

4H Box Breakout