Daily Breakout EA - page 11

 

Has anyone tried putting this on say 4 hour chart and direct ea long only or short only according to the daily tf trend. (using SDL indi) .

Are their people using this ea anymore?

regards

 

Yes i use it on fwd-testing. I used it as far as i can understand the parameters but since nither the author of this thred or the programer of the EA answer questions i am not sure i fully understand the parameters. The best advice i can give you is to test out your ideas.

Regards / JoLi

 

Breakout systems

Just a few thoughts.

I think it is very important to back test breakout systems, but forward testing is more important, and most important with a live account so you get accurate pricing. It can be a mini or micro account to control risk. Also breakout systems perform differently throughout the year. In the summer months june july and august the markets tend to range more and most breakout systems will not perform as well

All that said Breakout Systems are my favorite and most consistant money earner.

cheers

N

 

the system that i wish for to beacome EA..

thanks to primajaya

 

Results

hova:
Yessir ! You got it right

Hi Hova,

tell us your resultswith this great EA?

Do you trade with real money now?

gatowman

 

Pleas help!

gatowman:
Hi Hova,

tell us your resultswith this great EA?

Do you trade with real money now?

gatowman

Can someone please tell me how to backtest this EA. Everytime O use strategy tester I keep getting these errors...

2010.09.30 23:16:22 There were 6 passes done during optimization, 6 results have been discarded as insignificant

2010.09.30 23:16:22 Hilo: optimization stopped

2010.09.30 23:16:19 Hilo: optimization started

2010.09.30 23:15:03 There were 1 passes done during optimization, 1 results have been discarded as insignificant

2010.09.30 23:15:03 Hilo: optimization stopped

2010.09.30 23:13:12 Hilo: optimization started

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 733 at 2010.09.10 16:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 733 at 2010.09.10 16:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 733 at 2010.09.10 16:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 733 at 2010.09.10 16:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 733 at 2010.09.10 16:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 733 at 2010.09.10 16:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 2827 at 2010.09.10 12:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 2827 at 2010.09.10 12:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 2827 at 2010.09.10 12:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 2827 at 2010.09.10 12:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (low value 1.5376 at 2010.09.10 08:00 is not reached from the least timeframe, low price 1.5381 mismatches)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

2010.09.30 23:13:10 TestGenerator: unmatched data error (volume limit 6344 at 2010.09.10 08:00 exceeded)

 

Amazing

Great thanks for this EA!!

I have been looking for a good HiLo system for quite some time i believe this may be it. Backtesting results are simply unbelievable. I will now put it up for demo-testing on GBP-USD and EUR-USD. Hopefully I can post you some positive results in a month.

PS. Im using the first version of this EA, I find the simple methods are best

 

hi, thanks for sharing these strategies, has anyone using this technique? how his decisions? whether this strategy can they be used on another pair?

 

Using EA in my own method.

Hello everyone.

Not sure if this thread is still active but if it is, I would like to share some ideas I have for the further development of this EA.

I have modified the EA to place my orders for me. I put the EA on my chart after my criteria has been met. I created 2 seperate EA's for now. One to place Buys only and one to place Sells only. My method uses a basic moving average and another custom indicator that identifies when price is above or below the moving average of my choice. It changes candle color when above or below the ma. In addition, I use swings to identify higher lows or lower highs prior to entering the market in the ma trend direction. I enter on a candle breakout with a 5 pip buffer - which the EA handles for me flawlessly.

With that being said, I would actually like to incorporate the rules of my method into the functionality of the EA but have no idea how to do it. However, I do know that the success rate of my method as it stands right now is very high. RR is no less than 1:1 on every trade and I am currently winning 8 out of 10 trades. So, if this would be able to be turned into an EA, I would gladly share it with the community and I believe it would ultimately become one of the most solid methods currently available.

I have been trading for almost 10 years now and have come across a lot of garbage during my trading career. I believe now is as good a time as any to share my ideas as a seasoned trader and attempt to create something that we as traders can actually use as a "complete" automated solution.

Please let me know if you are interested in contributing to this development. I appreciate the community and I think this EA is a great start to something very powerful that we can utilize in our trading.

-

 
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