Forex London V3 Breakout Trading Strategy
Forex London V3 Breakout Trading Strategy:
GMT+0 (London time).
London Breakout III Metatrader Indicators:
ant-GUBreakout (start 00:00 end 7:00);
i-paramon Work Time (start 00:00 end 7:00);
Take the high and low price from between midnight and 07: 00 and then place two pending orders. One at the high price + 15 pips and one at the low price – 15 pips. Set the pending orders to expire 12:00.
Stop loss EUR/USD 18 pips, GBP/USD 20 pips
trailing stop of 10 pips or profit target 25 pips EUR/USD and 30 pips GBP/USD.
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 London V3 Breakout Trading Strategy?
- Download Forex London V3 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 London V3 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”.