41# Range Breakout Trading System
Submit by Janus Trader 22/06/2012
Time Frame 15min;
Currency pairs:any;
Indicators:
Fractals
Fractals support and resistance
IB+OB
anti-GUBreakout
Xi- breakout
Bn levels
MA Envelope 50
Long Entry:
The candle of the price, breaks and closes above goldenroad line.
The price is > Xi dashboard line aqua.
Short Entry
The candleof the price, breaks and closes below up goldenroad line.
The price is <Xi dashboard line aqua.
Stop loss on the 50 ma red.
Profit Target 40-60 pips depends by currency pairs:
EUR/USD 50
USD/CHF 40
USD/CAD 40
GBP/USD 60
GBP/JPY 60
EUR/JPY 55
Optional, after 30 pips in gain, move stop loss at entry price.
Note: only one trade, for side for day.
pierre (Saturday, 12 October 2013 17:55)
hi.i downloaded the range breakout strategy but i cant see the goldenroad line.