London Breakout TS - futures io
futures io futures trading

London Breakout TS

Discussion in EasyLanguage Programming

    1. trending_up 966 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

London Breakout TS

(login for full post details)
  #1 (permalink)
Bellinzona Swiss
Posts: 1 since Mar 2018
Thanks: 0 given, 0 received

Hello guys, how are you? I write from swiss. Unfortunately I don't speak really good english but I try to show you what's my problem.

I wrote a piece of easy language program strategy but now I have a problem.

The TS is based on London breakout on (GBPUSD) first hour breakout after the opening of london session I take the range from 1am -8am and Trace the lower and the higher of this range. And I open a long trade at the breakout of this range long or short.

Now my questions are why:

My program don't trade every day but only sometimes there is a error in the code?

How can I set a stop loss a the lower of the range for the long and at the high for the short?




var: current_bar(0);

If (current_bar = 8) then begin

If close > highest(High[1],8) then buy next bar at market ;

If close < Lowest(Low[1],8) then sellshort next bar at market;


If (Date <> Date[1]) then
current_bar = 0;

If Barstatus(1) = 2 then
current_bar = current_bar + 1;

If Marketposition = -1 and time = 1700 then
Buytocover next bar at market;

If Marketposition = 1 and time = 1700 then
Sell next bar at market;


Thank for you help...

Reply With Quote

Journal Challenge February 2021 results:
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(173 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(120 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(35 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
(login for full post details)
  #3 (permalink)
Posts: 2,230 since Apr 2013
Thanks: 409 given, 1,471 received


welcome to You only evaluate your entry conditions on the bar where "current_bar = 8" is true. For bars where current_bar is different than 8, the entry conditions are not checked.



Follow me on Twitter Reply With Quote

futures io Trading Community Platforms and Indicators EasyLanguage Programming > London Breakout TS

Last Updated on March 5, 2018

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Battlestations! Show us your trading desk - $1,500 in prizes!


Call Option Buying: The New Pain Trade? w/Carley Garner

Elite only

Importance of Finding Your Own Way w/Adam Grimes

Elite only

New Challenge (TBD)


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts