Forex Breakout Strategy

This strategy works on a 15 minute or 30 minute timeframe. Apllicable to all major pairs.

Forex  Indicators:

• Pivot levels,
• Box Breakout ( period begin 3:00; period end 6:00);
• Moving average smoothed 21;
• Moving average smoothed 11;
• Ama Slope;
• angle indicator;
• Dynamic zone RSI (optional).
• Rules FX Breakout

Buy Entry:

• Price close above Blue box;
• Moving average 11 above moving average 21;
• Angle indicator above zero level;
• Ama slope green bar;
• RSI Dynamic above upper band (optional).

Sell Entry:

• Price close below Blue box;
• Moving average 11 below moving average 21;
• Angle indicator below zero level;
• Ama slope bar;
• RSI Dynamic below lower band (optional).

Exit position:

• You can get out at the pivot levels,
• Use trail stop 15- 20 pips,
• Take profit at 15-20 pips depend by currency pairs.
• Initial stop loss 25-30 pips.

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