Oilfxpro Breakout Systems - page 3
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Hi, everybody.
I send very basic template for this system.
TODO
Entry rules if range 35 or 50 pips
Exit rules
Breakeven after 70pips
Can you help?
OILFXPRO 3000 pips euro/usd breakouts
OILFXPRO 3000 pips euro/usd breakouts
Simple Breakout System for EUR/USD
* Determine the 07.00 CET – 8.00 CET High Low on EUR/USD
* Set BuyStop at High + 2 pips and SellStop at Low - 2 pips
* Set Target Price at entry + 40 pips for EUR/USD
* Set StopLoss at entry - 20 pips for EUR/USD and entry . If the other side of the breakout is within 20 pips for EUR/USD then the StopLoss will be that level (Longtrade: SL = Low range - 2 pips = SellStop; Shorttrade: SL = High range + 2 pips = BuyStop)
* Move the SL to breakeven after a gain of 20 pips for EUR/USD
* If a certain position is taken and price turns agains you and it breaks the other side of the breakout channel then turn. If the breakout channel is broader then the stoploss first the stoploss will be hit. If the breakout channel is narrower then the stoploss then hitting the other side means that you have to turn your position. There is only one turn per time frame possible. This rule is a result of all previous rules. You can skip this rule if you want.
* At 16.30 CET all orders expiring and close all trades at market.
Use indicator and change settings on indicator
Hello
Hello Cid...
This 3000pips at eur/usd was at live account or backtest?How many months do you have this 3000 pips?
I read this your strategy for cable.The entry hour is 09.00 CET – 10.00 CET....but for eur/usd is different this entry hour? Or it's same entry hour of cable? What's the channel minimun for eur/usd?
results
What is difference between cable 09.00 cet and 10,.00 cet
and Euro 8.00 to 9.00 CET ?
Minimum I use is 20 pips
Results are good
El CidOk El cid.This strategy work too at Usd/chf? do you have this results at demo account , live or backtesting?
I will try it first, how about the performance ?
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Forex Indicators CollectionUse this E A MODIFY IT and post the results
http://www.strategybuilderfx.com/showpost.php?p=175269&postcount=6766
El
Have you tried to use this system and make money ?
Nic