52 #60-minute breakout system

Breakout open session

Submit By MJ 22/04/2013

 

System concept: This is an intraday system

that trades on breakouts of the range established in the first hour of trading. This system works on all trading session.

Currency pairs:any

 

Entry rules:

Long trades: Buy if the closing price of the third 30-minute bar is above the high of the first 60 minutes of the day.

Short trades: Sell short if the closing price of the third 30-minute bar is below the low of the first 60 minutes of the day.

Exit: Exit all positions on signals in the opposite direction or at the end of the day.

 

i-ParamonWorkTime

60-minute breakout system
60-minute breakout system
60-minute breakout system
60-minute breakout system

 

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i-ParamonWorkTime
Forex indicator: i-ParamonWorkTime indicators for trading sessions.
i-ParamonWorkTime.rar
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Forex Breakout System