Wednesday, October 7, 2015

Forex Strategy 4-7 GMT Breakout Strategy

Forex 4-7 GMT Breakout Strategy The strategy works on the principle of the strategy Big Dog, but it is intended for the currency pair GBPUSD, timeframe for convenience, choose M15

Bonus Dealing Centers from 20 to 250%
So we outline the period as a "box" with 04.00 on 07.00 GMT on the highs and lows of the price (for convenience, you can download ant-GUBreakout_V.0.4.2.ex4v end of this strategy forex indicator).

Next, at a distance of 0 to 5 points on exhibit 2 pending orders on each side (equal lots, but if you want - you can experiment with the volume of transactions) on the breakdown of the "box". Respectively - 2 buy-stop - to buy and sell stop 2 for sale. If the price breaks the box immediately after the close of the candle at 06.59 and 7.00 at the opening of the candles - we conclude a deal in the direction of penetration "box"!

Take Profit №1 - 30 points.

Take-profit №2 - 60 points.

Stop-loss is set on the opposite side of the "box". As soon as the price goes over 30 points and one order is closed with a profit, the second swap to breakeven!

Does not work udalyayutsya order at 18.00 GMT!