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.
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Excellent indicators congratulations.