Andee: I added this to my chart, but the indicator doesn't appear - any idea what the problem is?
some information "Jumlah_hari" is how many days you want to backtest.
sorry brother, but i dont know what the problem, because this indicator work at my metatrader.
if you have problem with my indic, try i-paramont that post by jacoba at https://www.mql5.com/en/forum/178827
It appears to me that if the low or the high occurs at 16:00, then you could be easily whipsawed out for a loss.
From Andee's chart in post #8, considering if actual trades were made using this system - from what I can tell, the 1st trade would have been profitable when the price moved below the low, the 2nd and 4th trades would have been a loss after sell stops hit, but the price then moved higher, and no trade would have occured in the 3rd session since the high or low was not hit.
Hera are the Momms Indikators.
Someone messaged me about which pairs these work on and if they would work on London or Tokyo sessions,
My suggestion is EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD are good pairs to run this strategy & USDJPY doesnt work great so do not use that pair.
*YOU CAN ALSO USE THIS ON A USD INDEX CHART, SO YOU CAN SEE WHICH WAY THE USD BREAKOUT*
US open is the largest market compared to london or tokyo, so you wont get much success trying to trade on london/tokyo breakouts (works sometimes but not always).
Its great if you want to take advantage of the news, even news like NFP, cuz they will always happen after the 7-9am NY time, so you can get a early entry on breakout, no need to worry about broker slippage, re-quotes or orders not getting filled due to news breaks.
Good luck and have a great week everyone, and be careful, this week is NFP week.
Its Big Dog Time!! Lets see how the market breakout today.
My bet is that it should break on the stronger side for USD which is what everyone obviously expecting. Let us see
The ant-GU Breakout indicator shows the Hi/Lo to be the same value.
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Hi Dude, check the previous posts to find the fixxed version
i had upload the fixed indic
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