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Suggestion I will code your proven good strategy in to EA

zuko zk said:
i think you should explain better how you calculate those bar what exactly do you mean by the forth bar... since between the times you gave there shouldn't be 4 bars on a 5 mins chart
Click to expand...

Hi, between 7am gmt and 720am gmt, there are 4 5min bars, we look at only the price range in total of the 4th bar, formed between 715 and 720 gmt, its that simple, everyday.. take longs above and short below this range with stop placed opposite the range, basically close upon reverse signal, same thing. Use trailing stop, or just shoot for 6 to 8 pts, your choice, set to be and just watch price action, several ways to play it. Not everyday will win, but Al Brooks discusses the probabilities of the daily hi and lo being formed based on time elapsed into the session, and this is where this system derives its logic, thoroughly tested by Tom Hougaard and his assistants, and published on his telegram channel.

Heres the link: https://t.me/c/1571334298/40

ICT calls this phenomenon a "macro" I believe, and they claim it happens everyday on many pairs in the silver bullet strategy, indices forex metals etc... So it's not a far fetched idea.
 
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A breakout of a range is just that, a move beyond a specific range which in this case is the range defined by the 4th bar in the picture so it went below for a short entry

Interestingly, a robot with the defined characteristics could very likely be used with the ICT silver bullet strategy as well in some sort of fashion it seems
 
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today a fakeout, stopped for short entry, long entry good for 60 pts

had we taken an additional short entry, it wouldve been very rewarding, over 100 pts

if we fine tune the order spacing from the range, it wouldnt have taken the fakeout trade and still won potential 60 pts up and over 100 down

upload_2023-5-31_10-58-22.png
 

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hello is it possible to create an EA with this indicator with the choice of taking a position either on the arrow, or on the crossing, or a mix of the two thank you
 

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