Thread: Cheelus Journal

Thanks A lot For the help Cheelu
Bhupinder

Originally Posted by ;

Breakout Alert for NomoreToxic's breakout method

Thanks to the BreakOut'Indi' Cheelu.. .works really nicely
Can you please inform me which folder to put the Alert EA...I Can't get it to function...
Thanks

experts folder.

Originally Posted by ;

Thanks to the BreakOut'Indi' Cheelu. . .works really well
Could you please inform me which folder to place the Alert EA...I can not get it to work...
Thank you

Cheelu, when you use the box for the Asian session - what time do you use for the BreakoutEndTime area? If I move over 00:00hrs (ie. Into a new day) the Offset levels do not display properly.
Due

Inefx, I dont use the box to the oriental session. If the box needs to span two distinct times, then perhaps it doesn't work properly. I will need to look into that sometime.

Originally Posted by ;

Cheelu, when you use the box to the Asian semester - what time do you use to your own \BreakoutEndTime\ area? If I go over 00:00hrs (ie. To a new day) the Offset levels don't display properly.
Thanks

I'm finding it very tough to awake in the morning to exchange the london session. I'm considering converting the alert to a auto trading EA.

Hello,

I have been attempting your indior recently and I have a query on how quits are set.

On the very first chart the stop is characterized by choosing the highest high because the box end.

It is not the case on the second chart.

Could you please advice how stop are set? Which principle do you follow?

Thanks a lot in advance and Great trading.

Its not as the box end.
I keep looking for the first swing top beginning from the current bar and traversing back thru the prior bars. It will stop looking after the final breakout has happened. At there whatever swing it discovered earlier would become your stop loss.

Thats the case in both of your charts

Originally Posted by ;

Hello,

I have been attempting your indior lately and I have a question how stops are set.

On the first chart the stop is characterized by choosing the greatest high because the box end.

It is not the case on the second chart.

Can you please advice how stop are set? Which rule do you follow?

Thanks a lot in advance and Decent trading.
Dids

Originally Posted by ;

its not since the box end.
I will keep looking for the very first swing top starting from the current bar and reunite thru the prior bars. It will stop looking once the final breakout has happened. At that point whatever swing it discovered earlier would be your stop loss.

Thats the case at both of your charts

Cheelu,

Thanks for your quick reply.
But which criteria are you using to find the high?
On this chart why would you utilize stop A rather than cease B?

Don't you think both could have been good candidate?

Hi Dids,

In the chart you've posted, I am not using Stop A. I am using that doji bar as the cease (looking for doji isn't the logic). Wherever the dotted line starts out of,is the bar that has been identified as the fold top.
And we always search for the latest swing high from the current bar. There might be additional swing highs prior to that. But how do u qualify them 'much better'?

A swing high is really a high that's preceded and succeeded by reduced highs

Originally Posted by ;

Cheelu,

Thanks for your quick reply.
But which criteria are you using to discover the high?
On this chart why would you utilize stop A rather than cease B?

Do not you think both might have been great candidate?

Dids