Forex Three Box Breakout Trading Strategy
Forex Three Box Breakout Trading Strategy:
3 Box Breakout is a strategy based on the box that is formed from the 3:00 at the 9:00. (GMT Berlin).
Time Frame 30 min or 60 min.
Insert pending order how indicate on the screen.
Target Price 1 30 pips.
Target Price 2 60 pips.
Target Price 3 90 pips.
Initial Stop loss 30 pips after 22 pips in gain move stop loss at the entry price.
This trading system is perfect for to use an EA for manage position.
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 Three Box Breakout Trading Strategy?
- Download Forex Three Box 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 Three Box 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”.