SDX Zone Breakout, Easy Beat GBP/JPY - page 3

 
aelimian:
"a profit of +230 between the reference marks"

Is there anyway of trading this? How did you get a profit of +230.

Please explain

Hello aelimian,

in fact, I wanted to say that we could make these pip in the day

between the reference mark of this indicator. Me I took my order

buy@233.10 with the top of S1 and after I followed the market price.

It rebounded 3 times on the Pivots. There it was necessary to wait and

then closed my ordre@234.65. I thus kept 155 pip but if I had been

present rather, I would have taken much more. I followed the Pivot

indicator to the place of the reference marks of the indicator of

colors red and blue.

I hope that the translation is correct

 
BrunoFX:
Hello aelimian,

in fact, I wanted to say that we could make these pip in the day

between the reference mark of this indicator. Me I took my order

buy@233.10 with the top of S1 and after I followed the market price.

It rebounded 3 times on the Pivots. There it was necessary to wait and

then closed my ordre@234.65. I thus kept 155 pip but if I had been

present rather, I would have taken much more. I followed the Pivot

indicator to the place of the reference marks of the indicator of

colors red and blue.

I hope that the translation is correct

Thank you. I am still not clear yet. Do you put a stop and reverse order at the SL of the the side that was triggered using the indicator?

 

Hello,

Not, I look at the worked market price and I work with the pivots

 
joko2125:
Hi,

whats the settings for adx-zzz? Im using Interbankfx, what should the settings be? Also, can you please post some charts and entry signals on this thread please.

many thanks.

@FXbabe,

setting for the sdx zzz is same with sdx zone, but i think you can set time zone -8 and TP 101 SL 100.

setting for sdx zone and sdz zzz should same. you can compare your picture with mine and if your pic is same with mine, that's the setting.

you see the skyblue line, that's for entry (buystop and sellstop) then the darkblue (above) is PT and (below) SL for buy. red line (above) is SL and (below) PT for sell

I am a bit confused.... Presuming the conditions are met....

The first SKYBLUE lines is the BUYSTOP/SELLSTOP

The DARKBLUE line is the S/L for a LONG

The RED line is the S/L for a SHORT

The upper band SKYBLUE lines, is that the TP [TakeProfit]?

What does the YELLOW dot signify?

ET

Files:
gbpjpy_30m.jpg  86 kb
 

I am a bit confused.... Presuming the conditions are met....

The first SKYBLUE lines is the BUYSTOP/SELLSTOP

The DARKBLUE line is the S/L for a LONG

The RED line is the S/L for a SHORT

The upper band SKYBLUE lines, is that the TP [TakeProfit]?

What does the YELLOW dot signify?

hi et...

the yellow dot is a dot for break level. indeed, in the sdx zone there are 2 break session, but we do not use the other. so if you look in the templat, sdx zone break indicator' properties there is black color line.

about the blue and red line for SL and PT you're right.

the sell stop is in yellow dot when price moves the skyblue line..

 

ET - thanks for your questions, and to JOKO for his reply. This cleared up and few things for me also.

Is there any reason why we can't visually backtest this strategy? Nothing repaints?

 

has anybody thought about turning this into an ea?

 

If we just need to put BuyStop and SellStop at the same time, why should we stick to the time. We''d better not use timing. We can use it at anytime right ?

Nic

 

joko2125,

what broker u using to setup your template? so that i can know the time suit with my broker as well.

 

Hello rapidfx,

You can use it with all broker, as this strategy is worked manually

Reason: