OILFXPRO Euro/usd breakouts 3000 pips p a
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Thread: OILFXPRO Euro/usd breakouts 3000 pips p a

  1. #1
    Simple Breakout System for EUR/USD
    * Ascertain the 07.00 CET -- 8.00 CET High Low on EUR/USD
    * Set BuyStop at High 2 pips and SellStop at Low - 2 pips
    * Set Target Price at entry 40 pips for EUR/USD
    * Set StopLoss at entry - 20 pips for EUR/USD and entry. If the other side of the breakout is over 20 pips for EUR/USD then the StopLoss will be the level (Longtrade: SL = Low range - two pips = SellStop; Shorttrade: SL = High range 2 pips = BuyStop)

    * Transfer the SL to breakeven following a gain of 20 pips for EUR/USD

    * If a particular position is taken and price turns agains you and it breaks the opposite side of the breakout station then flip. If the breakout station is wider then the stoploss the stoploss is going to be struck. If the breakout station is thinner then the stoploss then hitting on the other side means you need to turn your own position. There is but 1 turn possible.

    * At 16.30 CET all orders expiring and close all trades at market.
    Use indior and alter settings on indior
    https://forexintuitive.com/attachmen...1541134364.mq4

  2. #2
    Thank you for sharing. You mean we place orders at H/L of one candle. The candle that opens at 7 CET and closes at 8 CET .Am I correct?

  3. #3
    Quote Originally Posted by ;

    Would you be interested in sharing this system from the journal section and let us see your transactions as they occur on a daily basis?

    Good Luck!
    I can begin a thread and run it for one week .Somebody else needs to take over since I've trading to do during day other tasks including testing and inventing 5 other progr

    Here is an updated indior and today's entry

    Regards



    https://forexintuitive.com/attachmen...1508594081.mq4

  4. #4
    Quote Originally Posted by ;
    Thank you for sharing. You mean we place orders . The candle that opens at seven CET and closes at 8 CET .Am I right?
    Yes

    Very easy

    Also use a minimal 20 pip station

    Regards

    Oilfxpro

  5. #5

  6. #6
    Oilfxpro

    Could you be interested in sharing this system from the diary section and let's see that your trades as they happen on a daily basis?

    Good Luck!

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