Breakout and Reversal Breakout

Arinad

Активный участник
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. This system is very speculative.

Options:
  • 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.
  • 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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