Forex JBS Breakout Trading System
Forex JBS Breakout Trading System:
Time Frame H1
Currency Pairs: all.
Bollinger Band (9, 2);
Stochastic(Stochastick high; Stochastic low);
3 level Z Semafor
The price breaks upper envelope band and upper band of the BB;
Stochastic high and stochastic low are >momentum 6.
The price breaks lower envelope band and lower band of the BB;
Stochastic high and stochastic low are <momentum 6.
Trade objective: 1:1 risk-to-reward ratio or better.
First stop loss 30-40 pips or 8 pips below or above MA20.
Move stop loss to break even after 30 pips in gain.
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 JBS Breakout Trading System?
- Download Forex JBS 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 JBS 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”.