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Thread: Request - Weekly Starting Range Breakout System

  1. #1
    Junior Member
    Join Date
    Jun 2009
    Location
    Berlin
    Posts
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    Smile Request - Weekly Starting Range Breakout System

    Hi funyoo,

    idea is:

    Get two lines on Monday 8:00 AM GMT or a defined starting hour for Monday by Close of last H1-Candle.

    Reference=Close[1]

    Then you have the defined
    HighLine = Reference+MarginPips*Point
    LowLine = Reference-MarginPips*Point

    MarginPips as an external Variable.

    These two Lines should be valid for the whole Tradingweek.

    Longsetup:
    Everytime when Open[0] goes back to Reference longsetup is valid again.
    Go long next time when Open[0] breaks through Highline.

    Shortsetup:
    Everytime when Open[0] goes back to Reference shortsetup is valid again
    Go short next time when Open[0] breaks through Lowine.

    i'd like the features from your template, maybe it is possible to indicate the Highline and the Lowline for the actual week.

    thanks in advance Rob
    Last edited by RConcu; 03-23-2010 at 15:35.

  2. #2

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    Hi Funyoo thats sounds like a very good EA pleas can realize this interesting ea i will do some backtest on activetrades and alpari
    fxtesterde für deutschsprachige trader

  3. #3
    Junior Member
    Join Date
    Jun 2009
    Location
    Berlin
    Posts
    8

    Cool Weekly BO V0.3

    here is my own Version, maybe we need some Mods.

    It can be used with EURUSD and GBPUSD.

    cu Rob
    Attached Files Attached Files
    http://www.fxtester.de/Themes/default/images/logo.gif

    "Aller Anfang ist leicht, und die letzten Stufen werden am schwersten und seltensten erstiegen."
    Johann Wolfgang von Goethe

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alpari, backtest, breakout, candle, eurusd, funyoo, gbpusd, pips, request, system

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