79# Breakout and Reversal Breakout

Submit by Janus Trader

Breakout and Reversal is a breakout systeme anti breakout system that is based on the idea that when a breakout explodes there is always a contrary correction. The purpose of this trading system is to chase the breakout and the contrary correction movement. The breakout box begins at 22:00 to 6:00 GMT Berlin. the system is applied to the 15-minute time frame, even 30 minutes.

This system is very speculative.

Currency pairs: majors and indices.

Metatrader Indicators

Step MA 4.0 (10, 5, 1.5).

ML Box Breakout (22:00 – 6:00 GMT Berlin).

Pivot Points Levels

Trading rules Breakout and Reversal Breakout

Buy

Place pending buy order 2 pips above the box line.

Profit target 20-30 pips depends by pairs.

Stop loss opposite signal Step Ma.

Sell

Place pending sell order 2 pips below the box line.

Profit target 20-30 pips depends by pairs.

Stop loss opposite signal Step Ma.

Reversal sell

Step MA sell signal above the box or after 15:00 GMT Berlin also in the box.

Profit target 15-10 pips depends by pairs.

Stop loss opposite signal

Reversal buy

Step MA buy signal below the box or after 15:00 GMT Berlin also in the box.

Profit target 15-10 pips depends by pairs.

Stop loss opposite signal.

In the pictures Breakout and Reversal Breakout in action.

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