There has been two nice, low risk trades over the last two days reversing from the ten year high back to the trend line. The ten year high and rising trendline should meet tomorrow so will be interesting to see which one breaks. I won't be taking ...

Aussie Pairs

If you are trading the result of the news wouldn't this prove a strong bias towards an upward move on the Cable?

Today's news - I don't get it!

I would think you are doing very well if you can get 130 - 155 pips out of the daily cable trade. The maximum, best setting I have found is if I get to 80 pips I wait for technicals on a 5 minute for an exit. Getting out of a trade before your ...

Real Grail in Money Management

[quote=FXTerminator;237944]Sure, a lot of "experts" and traders keep repeating that Markj (this is called "reverse pyramiding") but where is the actual PROOF that this way of trading is superior to the other options I was talking about ?? quote] I'm ...

Real Grail in Money Management

Heres one.

The correlated arb/hedge-system

When pyramiding trades it is always best to be heavy at the start of the trade not the end. When the trade starts to move in your favor you then add fewer and fewer lots. This way if the market does quickly reverse on you will still hold a decent ...

Real Grail in Money Management

Lou, I have found ATR the best for stops but another stratgey I remember reading about somewhere and have used it is the low or high 3 candles back. Inside bars do not count though. May be interesting to see it coded.

An effective stoploss strategy?

This does not mean that the price will not fall back to the opening price however. Reversing the trend means falling back or above the open. So just be careful how you use these percentages. If the price moves 70 pips above the open with a 1% chance ...

Box Breakout indicator

It was a good Box breakout on the cable this morning on the London Open. The price had already broken the previous days high by 25 pips with a lot of range left, so there was a lot of move to the downside to be had on a downward breakout.

Box Breakout indicator

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Box Breakout indicator

In my Humble opinion moving averages (MA), there just random numbers entries (They get you into a trade). The greater the MA the fewer times price passes through and the greater the profit potential. The lesser the MA the more times you trade, the ...

Interesting Crossover - Am I seeing things?

Nice. Cheers

System Expectancy - Monte Carlo Simulation

Halpalkos, Have to thank you again. This is perfect for a Box Breakout indicator. Cheers

Box Breakout indicator

Nice work Halpalkos, I trade the box plays for early entries into my intraday strategies however I always keep an eye on the movement of price that has developed within the box, fundamentals for the day and Daily Range. Looking at todays session, ...

Box Breakout indicator

Hilmy83, I will try the Super SR as well. I'm trying to come up with the cleanest and best visual breakout indicator I can Cheers

Box Breakout indicator

Thanks Halpalkos, I'm going to play around with some ideas and try some modifications. The one I have adds as the candles form, the high and low price stops at the breakout time selected and then adds an increase of 5 pips and continues at that ...

Box Breakout indicator

To add to that does anyone know how to Draw_Histogram as a background?

Defining shade

Thanks Guys, Hapalkos your indicator looks good. I also had a look at the Lou's did but the one you did Hapalkos looks spot on for what I am after. I also developed or adjusted an indicator I had. Cheers

Box Breakout indicator