Forex Perfect Range Breakout Trading Strategy
Forex Perfect Range Breakout Trading Strategy;
Time Frame 15min;
Fractals support and resistance
IB+OB
anti-GUBreakout
Xi- breakout
Bn levels
MA Envelope 50
Long Entry:
The candle of the price, breaks and closes above golden road line.
The price is > Xi dashboard line aqua.
Short Entry
The candle of the price, breaks and closes below up golden road line.
The price is <Xi dashboard line aqua.
Stop loss on the 50 ma red.
Profit Target 40-60 pips depends by currency pairs:
EUR/USD 50
USD/CHF 40
USD/CAD 40
GBP/USD 60
GBP/JPY 60
EUR/JPY 55
Optional, after 30 pips in gain, move stop loss at entry price.
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 Perfect Range Breakout Trading Strategy?
- Download Forex Perfect Range 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 Perfect Range 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”.