Forex Strategies Resources

15# Box Breakout 2 Trading System

Submit By Joy22

 

Time Frame 15min

Pairs: EUR/USD, GBP/USD.

 

Indicators:

Breakout Box V2.06

80 SMA

 

Long Entry:

We open up a buy trade when the price goes above the entry price level given by thebreakout box indicator and also the price need to above the SMA80 magenta color.

Short Entry

We open up a sell trade when the price goes below the entry price level given by thebreakout box indicator and also the price need to below the SMA80 magenta color .

 

Exit Position

Close half of the lot size at TP1 level given by Breakout Box and close the rest of the lot size at TP2 and TP3 level given by the Breakout Box.

Set the Stop Lossto the Breakout Box indicator Stop Loss level.


Forex System
BreakOutBoxesV2.06.rar
compressed file archive [8.5 KB]
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Comments: 1

  • #1

    zoroxzyad (Monday, 28 October 2013 21:26)

    how to back test the lines is on the last day only

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