41# Range Breakout Trading System

Submit by Janus Trader 22/06/2012

 

Time Frame 15min;

Currency pairs:any;

 

Indicators:

Fractals

Fractals support and resistance

IB+OB

anti-GUBreakout

Xi- breakout

Bn levels

MA Envelope 50

Long Entry:

The candle of the price, breaks and closes above goldenroad line.

The price is > Xi dashboard line aqua.

 

Short Entry

The candleof the price, breaks and closes below up goldenroad line.

The price is <Xi dashboard line aqua.

 

Stop loss on the 50 ma red.


Profit Target 40-60 pips depends by currency pairs:

EUR/USD 50

USD/CHF 40

USD/CAD 40

GBP/USD 60

GBP/JPY 60

EUR/JPY 55


 

Optional, after 30 pips in gain, move stop loss at entry price.

 

Note: only one trade, for side for day.


Range Breakout Trading System

Range Breakout Trading System
Trading System:Range Breakout with xi-breakout
Template & Indies Range Breakout.rar
compressed file archive 72.5 KB

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