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Quote Originally Posted by ;
Hello,

Yeah I agree about the box size like we're calling this kind of breakout system and the box size is lets say 60 pips then the breakout will have already happened. . .however, in some testing that I have done (only manually/visually on MT4) I've taken into account all bow sizes less than 80 pips just to see does it still work. I also will enter when its clear that the candle will probably shut outside the box. In addition, I apply this to my own stoploss since I monitor my commerce and don't really have a SL in place and I will just close the trade ...
Fxblinkers,

I've only backtested the very last months of the past calendar year, but I will continue testing. As of this moment, I am analyzing differences between utilizing TP/SL based on range buffer or based on range only. I've noticed that a TP based on range will achieve its target but it is too soon to tell whether it is more profitable. I'm also testing breakouts at London available (8 GMT), however this also requires more testing.

I've only tested visually, however I will begin testing on demonstration as well, and a tiny live account in the future. I prefer testing with low lot sizes on accounts, because this is nearer to the reality.


Regards