OILFXPRO gold breakout system
Here are some results and EAS are posted 1st post
Enjoy the free EAS and thank the Coder
sO IF ANY OF U WANT TO CONTRIBUTE WITH IMPROVEMENTS DO SO
OILFXPRO
Hi folks
Here is the system and a second free expert advisor for signals/forward testing /demo accounts
OILFXPRO gold breakout system
Determine the 8.00 CET – 9.00 CET High Low on gold zg.Place trade at 9.00 cet & Determine the 14.00 CET – 15.00 CET High Low on gold zg.Place trade at 9.00 cet for morning breakouts and at 15.00 hours CET for P M breakouts
Set BuyStop at High + 15 points and SellStop at Low - 15 points
Set Target Price at entry + 70 points ($7)(exit only on exit rules or if stops hit)
Set StopLoss at entry - 40 points ($4)
. If the other side of the breakout is within 40 points then the StopLoss will be that level (Longtrade: SL = Low range - 15 points = SellStop; Shorttrade: SL = High range +15 poins = BuyStop)
Move the SL to breakeven after a gain of 50 points
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 early morning channel is greater than 100 POINTS ($10) do not trade the expert advisor in the afternoon
EXITS
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 gold broker
http://www.interactivebrokers.co.uk/php/main.php?red=1
http://www.interactivebrokers.com/en...ntity=llc#show
Product : zg GOLD AT ODL SECURITIES
Free demo accounts at Alpari
Download. Forex with Alpari
Forex (FX), CFD, Futures and Equities & Options Trading with ODL Securities
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.Any commercial seller who copies this free system will meet his destiny.
OILFXPRO
Hi
For cash gold brokers use cash eas which are posted.These have an additional zero/0 in code
OILFXPRO
Good job. keep going.
ND,
Could you please ban all these signatures.
Thanks
Bongo.
hi
Great guns today
Free system free expert advisors
OILFXPROthanks for your free ea ...good job pal...
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ND,
Could you please ban all these signatures.
Thanks
Bongo.Bongo
Why are my signatures bothering you?I am not selling anything.I am the king of freeloaders ,I give FREE SIGNALS
FREE EXPERT ADVISORS ,FREE SYSTEMS ,FREE SIGNALS
I can understand your objection if I was selling anything,I get many pms to asking where my free systems ,expert advisors and signals are posted ,so I make it easier for my self by posting in signature
Pity I have not enough space in signatures to put more free stuff
OILFXPRO
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Hi folks
I promised you many free expert advisors and systems for 2008.
Here is the performance in testing of GOLD breakout system
A set of free expert advisors and system details will be posted , after testing them and finalising the system.Everything will be posted in due course
A set of exper advisors is posted.For metatrader cash gold brokers add a extra zero/0 after the figures in mql files.Use the free version p m for cash brokers.
OILFXPRO