Jubilee bar break system - page 4

 
 

A very recent trade signal for GBPUSD @ H4....

You may find all information on graphic...

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Files:
gbpusd1.jpg  228 kb
 
 

1 to 4 bars

I thought the rule was to only take the trade if the breakout was within 1-4 bars after the jubilee?

thx,

todd

hdioxyde:
A very recent trade signal for GBPUSD @ H4....

You may find all information on graphic...

..
 
piptaker:
I thought the rule was to only take the trade if the breakout was within 1-4 bars after the jubilee?

thx,

todd

My bad sorry if I couldn't explain myself. I wanted mean that we can expect a ranging period for 1-4 bar like a consolidation..

as much as we don't have a JBL bar High break in that case, If break of Low take place on 5th or 6th bar, is still valid...

If we have High break before Low break signal, the low break is invalid for me. But I am always open to any suggestion...

 

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How do you get the blue bars on the chart?

Files:
gbpusd_2.gif  20 kb
 
criss73:
How do you get the blue bars on the chart?

It is here

 

TQVM for this great system...testing on demo now...

great!!!!

 

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Is this system best traded on a 4H chart?

 

4H is not easy to trade

but good to recognise - i.e. backtest

I think it is more benefit if we find a system that where the next SESSION (you define your own session duration) of what is the NORM of that range WILL BE

Reason: