Cable Breakout Forex Trading System

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Cable Breakout Forex Trading System

The cable breakout trading system is based on a cable breakout indicator. This is suitable for the 15-minute timeframe and works in all major currency pairs.

Metatrader Indicators:

  • Cable breakout

Long Entry:

  1. Go long when the price breaks the resistance.
  2. The guppy MA blue is greater than the guppy MA green.
  3. The first profit target of 30 pips 2° profit target 50 pips.

Short Entry:

  1. Go short when the price breaks the support.
  2. The guppy MA blue is less than guppy MA green.
  3. The 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 trailing stop of 20 pips.


Forex Trading Systems Installation Instructions

Cable Breakout Forex Trading System is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex system is to transform the accumulated history data and trading signals.

Cable Breakout Forex Trading System provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this system accordingly.

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How to install Cable Breakout Forex Trading System?

  • Download Cable Breakout Forex 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 system
  • Right click on your trading chart and hover on “Template”
  • Move right to select Cable Breakout Forex Trading System
  • You will see Cable Breakout Forex Trading System is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

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