This strategy produced 1891 cents profit from 1/1/2007 to 16/2/2007 ,
for 50 trades ,with a drawdown of 200 cents,and average average profit per trade of 37.82 cents....................1750 cents net after spreads over 35 working days = 50 cents per working day
Determine the 10.00 CET – 14.00 CET High Low on QM mini crude.Place trade at 14.00 cet
Set BuyStop at High + 10 cents and SellStop at Low - 10 cents
Set Target Price at entry + 100 cents (exit only on exit rules or if stops hit)
Set StopLoss at entry - 70 cents
. If the other side of the breakout is within 70 cents then the StopLoss will be that level (Longtrade: SL = Low range - 10 cents = SellStop; Shorttrade: SL = High range +10 cents = BuyStop)
Move the SL to breakeven after a gain of 50 cents
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. Three turns per day is maximum limit
If the morning channel is greater than 100 cents do not trade.
Profitable trades only .Exit when 4 wma crosses /8 wma on 30 m charts and remains crossed for 2 consecutive 30m bars
or stops are hit either at breakeven or otherwise or
At 21.00 CET all orders expiring and close all trades at market. On Friday we do the same at 20.00 CET.
This link displays the time in every major city in the world: Qlock - World Clock
Brokers:Any futures crude broker
Product : QM
Free demo accounts at Alpari
Download. Forex with Alpari
Forex trading with Alpari. Real time foreign exchange trading services. Free forex news, forex charts, analysis.
Crude is under indexes at Alpari
Forex (FX), CFD, Futures and Equities & Options Trading with ODL Securities
There is EA already for this system so please do not copy my work that I distribute freely for commercial exploitation
Two trial version expert advisers are now posted below.post them on separate hourly charts
today's oil duo loss 32 x 2 =64
is CET 1 hour ahead of GMT?
Central European Time (CET) - What's the time in Central Europe now?
Also a free EA for demo accounts use only is available here
Please do not use these EAS for live trading .Thet can be used by manual traders on demo.Just need to change the opening ranges on the eas
The fantastic run continues another 113 points
anybody can make a free EA for this community.No objections!
This was a vey rough week but we still managed 157 points (314 total on two lots using duo quads of OILFXPRO)
I decided to close early today as we had a rough week
Total profits on 2 weeks = 710 points using OILFXPRO-oilbreakout EXPERT ADVISORS
Most of the people objecting to me selling the Expert Advisors are .........people whose business will go down .............because they want to sell my free oil signals to you ,in their private rooms
Hi SIGNAL SELLERS
You can use other people's work (oilfxpro's oilbreakouts systems) to sell signals
Here are free EXPERT ADVISORS for use on demo accounts only.This does not function properly but is useful as tool.
The forum admin will not let me sell top quality EXPERT ADVISORS for oil
Here is result of FREE VERSION 182 points profit today *2
Anyway be grateful for another great system
cool profits today and all last week
Thanks for this great system.I have been using this live
Hi El Cid!!!
You're devilish sentence structure and lack of punctuation gives you away...
On wednesday the system made 517 points.
Here is proof