46# Box Breakout and Ema Channel

Box Breakout Trading Method

Submit by Jilius Trader 05/01/2013

 

Time Frame 15 min or 30 min.

Currency pairs: GBP and EUR

 

Metatrader Indicators:

EMA Channel

Box Breakout

 

Session Trading GMT

Setting Metatrader indicators:

end hour: 7

end minute:30

bars to count:7

expire after X bar:22

Forex Trading system: Box Breakout and Ema Channel

Box Breakout and Ema Channel
Box Breakout and Ema Channel: Breakout intraday forex strategy.
Box Breakout and Ema Channel.rar
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Box Breakout is an indicator for 4 digit but works also with 5 digit.

Taret1 20pips=target2 200 pips,

Target2 40pips=Target 400pis,

Target3 60pips=600.

Trade only in the direction of the ema channel.

If middle band ema channel is green enter buy.

If middle band ema channel is red open sell.

Stop-loss set at 20 pips from entry into the market!

Box Breakout is an indicator for 4 digit but works also with 5 digit.

Taret1 20pips= set target 200 pips,

Target2 40pips=set target 400pis,

Target3 60pips=set 600pips.

Use Move Stop Loss



 

In the pictures below Box Breakout and Ema Channel in action.

Box Breakout and EMA Channel
Box Breakout and EMA Channel
Box Breakout and EMA Channel
Box Breakout and EMA Channel

 

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Trading Method: Breakout Box