Forex Asian Breakout Trading Strategy
Forex Asian Breakout Trading Strategy:
Asian Breakout is an box breakout forex strategy.
Time Frame 15min
Breakout Box Asian
Long Entry:
Place an pending buy order 3 pips above top the box.
Set your stop loss at 30 pips and your take profit at 60 pips. When you are 20 pips in
profit move you stop to break even.
Short Entry:
Place an pending sell order 3 pips below bottom of the box.
Set your stop loss at 30 pips and your take profit at 60 pips. When you are 20 pips in
profit move you stop to break even.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Asian Breakout Trading Strategy?
- Download Forex Asian Breakout Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Asian Breakout Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
