SDX Forex Breakout Strategy
Table of Contents
This system works on various timeframe such as 15 minutes, 30 mintues and 1 hour. Recommended pairs to be traded are the major currency pairs.
Open a trade during London session.
Rules for Entry:
- Place a buy stop order above the line.
- Place a sell stop order below the line.
- Take profit should be at 10-30 pips .
To analyze the market:
- Look at the trend channel Purple color as the limit price movements;
- The RSI indicator HistoAlert: Buy signal if bar turns blue and sell signal if bar turns red.
- FX5 indicator diverging is powerful to predict will the direction prices .
Forex Trading Strategies Installation Instructions
SDX Forex Breakout Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
SDX Forex Breakout Strategy 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 strategy accordingly.
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How to install SDX Forex Breakout Strategy?
- Download SDX Forex Breakout 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
- Right click on your trading chart and hover on “Template”
- Move right to select SDX Forex Breakout Strategy
- You will see SDX Forex Breakout Strategy 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.
Click here below to download: