HomeForex Breakout StrategiesForex Breakout Strategy

Forex Breakout Strategy

Forex Breakout Strategy

This strategy works on a 15 minute or 30 minute timeframe. Apllicable to all major pairs.

Forex  Indicators:

  • Pivot levels,
  • Box Breakout ( period begin 3:00; period end 6:00);
  • Moving average smoothed 21;
  • Moving average smoothed 11;
  • Ama Slope;
  • angle indicator;
  • Dynamic zone RSI (optional).
  • Rules FX Breakout

Buy Entry:

  • Price close above Blue box;
  • Moving average 11 above moving average 21;
  • Angle indicator above zero level;
  • Ama slope green bar;
  • RSI Dynamic above upper band (optional).

Sell Entry:

  • Price close below Blue box;
  • Moving average 11 below moving average 21;
  • Angle indicator below zero level;
  • Ama slope bar;
  • RSI Dynamic below lower band (optional).

Exit position:

  • You can get out at the pivot levels,
  • Use trail stop 15- 20 pips,
  • Take profit at 15-20 pips depend by currency pairs.
  • Initial stop loss 25-30 pips.

Recommended MT4 Broker

  • Free $50 To Start Trading Instantly! (Withdrawable Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

Recommended broker

>> Claim Your $50 Bonus Here <<

Click here below to download:

Save

Save



Get Download Access

Tim Morris
Tim Morrishttps://www.forexmt4indicators.com/
Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com
RELATED ARTICLES

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular MT4 Indicators

Most Popular MT5 Indicators