Tunnel With Box Forex Breakout Strategy

This is a breakout strategy. The box 1 green color is formed in the Asian session. You can use this system during London and New York sessions.This system interacts with the tunnel indicator in a 15 minute timeframe. The tunnel indicator determines a trend. Advise is take a trade only in a direction of the trend and when there is a rectangle formed, then do not take a trade. You can use this strategy in any currency pairs.

Forex Indicators:

• Asian breakout box V.5;
• Tunnel Indicator (risk model 1, Ma1 144, MA2 169).
• MACD (12, 26,9)

Rules for BUY:

• Place a Buy Stop order 5 pips above the rectancle powder blue.
• Exit using MACD indicator or profit target.

Rules for SELL:

• Place a Buy Stop order 8 pips below the rectancle powder blue.
• Exit using MACD indicator or profit target.

Note:

• If during the London session there was the breakout or there was a false breakout, you can enter the session New York.
• If you decide to trade when a rectangle is formed in the tunnel indicator, then take profit immediately about 10-15 pips.

Take profit at 40-55 pips for USDCHF, AUDUSD 40-45 pips, EURUSD 50 pips, GBPUSD 55 pips USDJPY 40 pips.

Place initial stop loss 30 pips after 30 pips in gain move stop loss at +10 pips.

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