Hey TEB, with regards to your CAD/JPY 4h chart on post #1943, the second yellow spot is a point that would define the channel because it is the second point. I would not know to buy at that point because right there at the 2nd yellow circle the ...

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Entering trades — Hi guys, for a buy situation, do you wait for the bid or the ask price to pass the breakout zone? thanks.

Breakout + Spread!! Sure!!!

ahh thank you. what about the issue of entry. buy/sell stops? enter the market manually? thanks.

Breakout + Spread!! Sure!!!

Hi guys, just wanted to know how u guys entered the trades. Do you wake up and watch the trade or do you place buy/sell stops? Also, isnt meta trader on GMT time? If so won't u just have to place the indicator in and use the same settings? The only ...

Breakout + Spread!! Sure!!!

do you use buy and sell stops above and below the zone? how do you enter the trade?

Breakout + Spread!! Sure!!!

awesome work on the EA. I will wait till I have a chance to test it out. thanks for the contribution!

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Hey guess121, backtesting can be successful because you wait for the cross to be solidified ie. wait for the candle to close. When a candle is being formed, the stochs can cross and then uncross depending on how the market is moving. therefore, I ...

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Hey guess121, the stochs, like most if not all indicators, lag behind price action. When price moves, so do the stochs. A stoch cross might be occuring at one point but if price shoots up/down in the opposite direction to the cross, then potentially ...

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when to buy? — any rules on how to actually put in a trade? do you wait for a candle to close or put in a buy stop a few pips above the highlow of the breakout? thanks.

Breakout + Spread!! Sure!!!

stoplosses — what do you use for stop loss settings eagle?

Breakout + Spread!! Sure!!!

hey nondisclosure, anytime. I see that TEB came in also. I have tried using higher timeframes as they tend to filter out a lot of the market noise. I am trying to work on some different exit strategies because this entry system is quite good. exits ...

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Hey nondisclosure...TEB's statement already contains the answer you are looking for. If you are using TEB1. Then you would use 5,3,3 stoch settings on the daily, the 1hr and then the 30m chart and wait for all of them to line up (cross). if you are ...

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ok nice....for me I am testing a few new strategies using this system. I am watching the 14,3,3 slow curve to see when to get out and that is still pointing down. I am also watching the daily candles/stochs so I will look for a signal there. I am ...

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hey TEB, why u close that CAD trade? It might still go down some more!

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Hey mike o., currently I am testing out a hybrid TEB2 using the daily and 1hr and I am entering on the daily & 1hr 5,3,3 crosses. I will also look for the 14,3,3 for confirmation because when they both line up that can be nice! I have found that ...

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EURGBP looking like it wants to go up — hey TEB...just took at look at the EURGBP and it looks pretty decent and might be back up. what u think?

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USDCAD heading down? — Hey teb..nice pin bar coming up. You think its heading back down?

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EUR — . early bird gets the worm. *cries*

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wanna kick myself — omg.....EUR and GBP opened up a can of whoop ass on the USD. I was asleep. I knew the announcement for the GBP was coming but I was too tired to stay up. worse yet i set my alarm to wake up at 4 am and i just plowed through ...

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Can you throw up a chart for the CAD teb? — Hey teb, I see the CAD trade forming on 1hr stoch crosses.

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