Orchid team and xux99:  Thank you for sharing this EA.   

The user guide is well written and helpful.  I'll start testing it this week.

Update: June 20 2010 - The EA works well.  Testing it mainly on 15min. most of the major pairs.  The indicator seems to give fairly good entries, but I haven't been able to find exit and money management settings that result in a positive gain.  I'll keep testing with different time frames and settings to see if I can find some profitable settings.

Thanks again!

This is an expert advisor based on mv-i-Chuvashov indicator. Orchid EA files can be downloaded here.

Histograms are multi timeframe indicators. Their purpose is to confirm a signal by looking at various timeframes. You can set the desired timeframes in the histograms and THV EA properties.

The first post has a new version attached.

First of all XUX  & Volceq team thank you for the ea and documentation. It is nice to see so well documented settings.

Are there already any set files for diferent breakout strategies. If not we can share the work (everyone makes 1 set file for 1 breakout strategie).
I Sugest that we us myfxbook or something similar so we can all see if the EA is working acording to rules.

I will first make a set file for 4H Box Breakout: http://www.forexfactory.com/showthread.php?t=168161
Since it trades once per week it will take some time to test it.

Any other candidates come forward please.

Boki