Forex Cable Breakout Trading System
Forex Cable Breakout Trading System:
Time Frame 15 min or higher
Currency pairs majors.
Go long when the price breaks the resistance if guppy ma blue is >guppy ma green, with,a first profit target of 30 pips 2° profit target 50 pips.
Go short when the price breaks the support if guppy ma blue is <guppy ma green , with a first profit target of 30 pips 2° profit target 50 pips.
- Close the long position at the end of the day regardless of the price if the 30 pips profit target was not reached.
- Use a stop loss 30 pips and an trailing stop of 20 pips.
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 Cable Breakout Trading System?
- Download Forex Cable Breakout Trading System.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 Cable Breakout Trading System?
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”.