Yes, in my post I wrote: "If one use the "Happy Hours", you can see that statistically, regardless of GMT, the bar ranges (volatility) for this pair increase between 06:00 - 10:00, continue to increase until 17:00, and then decrease." For me this ...

Breakout Trading - Simple Weekly System

Or after moving the limits by drag and drop:

Trade Outside the Box (TOTB)

I have other values...

Trade Outside the Box (TOTB)

Here have you an example: url

Breakout Trading - Simple Weekly System

One can certainly calculate everything with Excel by typing in the price data. For lazy users it would be possible to calculate the lotsize automatically because the box range is available.

Trade Outside the Box (TOTB)

Sorry for this new post, but it has something to do with Fibo levels ... At some point I programmed an EA to quickly calculate the lots. It is not yet fully functional because nobody is using it: url

Trade Outside the Box (TOTB)

Modified version "3.3c-GMT" Only the possibility remains to auto calculate the GMT-Offset.

Trade Outside the Box (TOTB)

One can see that generally the box ranges are actually a bit smaller.

Trade Outside the Box (TOTB)

Hi @Emma, just a little note regarding the times. If one use the "Happy Hours" indicator ( url ), you can see that statistically, regardless of GMT, the bar ranges (volatility) for this pair increase between 06:00 - 10:00, continue to increase until ...

Trade Outside the Box (TOTB)

Yes, I know, but this is not my indicator... Something similar happened to me, but after changing the time frame and back it looks like this:

Trade Outside the Box (TOTB)

Just a remark: In #Post 14 url I posted a "Happy Hours" chart. At that time, GMT-Offset = 2 on my computer. Now for GMT-Offset = 3 there are small differences:

Breakout Trading - Simple Weekly System

I'm sorry if I changed the indicator a bit. I thought that maybe they are traders who don't know if one has to calculate the offset at the local time or at the server (= broker) time ... For people with trembling hands, the version "c" can ...

Trade Outside the Box (TOTB)

And if not, what do I do? I am programming an automatic calculation of the GMT offset ... Please test, there can always be something wrong.

Trade Outside the Box (TOTB)

I posted something about correlations a few years ago, if someone is interested:

Trade Outside the Box (TOTB)

The .exe files must work with the latest version of Metatrader, there are many other users who have no problem. I can post source code later, but now there are still some problems to be solved, but I can send you the latest version privately.

Breakout Trading - Simple Weekly System

- Line extensions OK, but maybe only for the current day. - Surely one needs the colorful areas, that makes life more beautiful ... If one analyzes the fibos, you can see without thinking (that's important...) the box trend between low and high, and ...

Breakout Trading - Simple Weekly System

New Version "smBreakout-2D1-Weekly v1.1" - The indicator now also works for Gold/Oil etc., when the trading day does not start at 00:00. - For the Fibo-Levels I took the R:R = 1:1 values from @Erebus because the author didn't complain ...

Breakout Trading - Simple Weekly System

Hi @Erebus, now i understand how you interpret the rules! For the original rules wrote @4ecstasy: You applied the R:R rule TP:SL = 1:1 quite correctly, and so you come to 1.80 and 2.45 I think that originally @4ecstasy wrote that SL=50% Range from ...

Breakout Trading - Simple Weekly System

Is OK, but you know the last: "Big Ben Breakout Strategy" ? It is interesting and uses the first hour before the London Open.

Trade Outside the Box (TOTB)

Thanks for the remark, it is always possible that I do not understand what I am doing ... Here are the indicator values and Mr. Fibonaccis levels: image My calculation: Range = BoxHigh - BoxLow = 71.508 - 69.421 = 2.087 TP2 = BoxHigh + Range = ...

Breakout Trading - Simple Weekly System