Your support is fundamental for the future, to continue sharing the best free strategies and indicators.


451# Tro 2009 MPMM Dibs

Inside Bar breakout Forex Strategy

Forex signals based on the inside bar indicator

Submit by JamesUK 01/06/2013

 

 

Tro 2009 MPMM Dibs this forex strategy is based on the inside bar indicator.

a trading system that generates forex signals on multiple currency pairs simultaneously.


Time Frame 30 min, 60 min.

Inside Bar breakout Forex Strategy Rules:

 

Alert when there an inside bar breakout;

If price is above open line and there is an inside bar;

then if price crosses above inside bar high, go long;

If price is below open line and there is an inside bar;

then if price crosses below inside bar low, go short;

Arrow indicates the color of the daily candle;

Arrowhead indicates the direction of the DIBS trade;

Change.Sessions = true, session open will auto adjust.

 

Stop loss on the previous swing.

Profit Target 30 min Time Frame 12-18 pips.

Profit Target 60 min Time Frame 15-22 pips.

 

In the picture below Tro 2009 MPMM Dibs in action.

Inside bar Breakout
Inside bar Breakout

Share your opinion, can help everyone to understand the forex strategy.

Comments: 1
Forex trading system download
Trading System Indicators and Template
Forex trading system download
Tro 2009 MPMM.rar
compressed file archive 21.6 KB

Inside Bar Forex Strategies