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You are here: Home / SYSTEMS / Forex Breakout Strategies / Box Breakout and Ema Channel

Box Breakout and Ema Channel

March 6, 2015 By Hung Vu 1 Comment

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
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

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Box Breakout and Ema Channel
Box Breakout and Ema Channel: Breakout intraday forex strategy.
Box Breakout and Ema Channel.rar
compressed file archive [45.5 KB]
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Filed Under: Forex Breakout Strategies Tagged With: Breakout, Breakout Session, Ema Channel, Intraday, Metatrader Indicators

Comments

  1. achi says

    June 2, 2015 at 12:56 pm

    Nice trading strategies

    Reply

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