Hans System | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources

1. EUR/USD and GBP/USD highs and lows determined at 06.00 CET – 10.00 CET
2. Determine the 10.00 CET – 14.00 CET high and low for EUR/USD and GBP/USD
3. For both timeframes and two currencies, set BuyStop to High + 5 pips and SellStop to Low - 5 pips
4. EUR/USD entry target price + 80 pips, GBP/USD entry price target + 120 pips
5. Set a stop loss on entry - 50 pips for EUR/USD and 70 pips for GBP/USD. If the other side of the breakout is within 50 pips of EUR/USD or 70 pips of GBP/USD, the stop loss will be that level (long trade: SL = Low Range - 5 pips = SellStop; short trade: SL = High Range + 5 pips = BuyStop)
6. Move stop loss to breakeven after EUR/USD rises 30 pips and GBP/USD rises 40 pips
7. If a position is taken and the price turns against you and it breaks out to the other side of the breakout channel, then turn. If the breakout channel is wider, then the stop loss will be hit first. If the breakout channel is narrow, stopping then hitting the other side means you have to switch your position. Only one round can be played per time frame
8. At 24:00 CET, all orders expire and all trades are closed on the market. We will do the same thing on Friday at 23:00 CET.

This link shows the time in every major city in the world: www.qlock.com . I'm using CET time (Amsterdam, Frankfurt).

October 2005 results:

10/03 : -22 o'clock
10/04: -61 points
10/05: -103 points
10/06: +168 points
10/07: +156 points
10/10: +135 points
10/11: +61 points
10/12: +108 points
10/13: +97 points
10/14: +274 points
10/17: +178 points

Total: +991 points

This month's results are extreme. Generally speaking, starting from March 2005, the system will give you an average monthly return of 600 points.

The results on a monthly basis are:

March 2005: +721 points
April 2005: +940 points
May 2005: +296 points
June 2005: +857 points
July 2005: +1,352 points
August 2005: +35 points
September 2005: -20 pm
October 2005: +1,825 points
November 2005: +554 points
December 2005: +345 points
January 2006: +73 points
February 2006: -13 hours
March 2006: +633 points
April 2006: +617 points
May 2006: +1,319 points
June 2006: +251 points
August 2006: -322 points

All calculations prior to October 2005 are manual and therefore may contain minor deviations. This just goes to show how powerful such a simple system can be.

poetry. I have attached an indicator to draw the breakout line.