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Because the markets have changed since the 80s, I use longer periods for breakouts and trailing stops, no pyramiding, and a bigger ATR multiple as stop loss.
Before trading based on a new method or a new set of parameters, I backtest and so should you!
The strategies I sell are coded, public knowledge trading systems that are time proven to be reliable.
Names like Richard Donchian, Tom Basso, Richard Dennis, and Jerry Parker have used or are still using approaches like these.
They do not promise quick gains, a high win rate, or a smooth equity curve just to impress you, only to later blow your account.
These strategies are meant to grow your account balance in the long run, over the years.
NR7 Opening Range Breakout EA — Intraday Based on Toby Crabel's proven NR7 compression methodology No Martingale. No Grid. Built by a trader with 8 years of experience, not just a programmer. This expert advisor is inspired from Toby Crabel work published in "Day Trading with Short Term Price Patterns and Opening Range Breakout" What This EA Does The NR7 ORB EA automates one of the most time tested intraday concepts in technical analysis: identifying
No Martingale. No Grid. Built by a trader with 8 years of experience, not just a programmer. This EA follows Tom Basso’s methodologies and you must trade multiple markets(preferably over 20) on daily timeframe. Expert Advisor that combines three proven breakout trading systems into a single tool. The trader selects the active strategy from the input menu when attaching the EA to a chart. All three strategies share the same core architecture: balance based risk management, ATR derived position
