14# Range Breakout MT5 Trading Strategy

Submit by Maximo Trader 2024

Overview
The Range Breakout MT5 Trading Strategy is a straightforward approach relying on a single range indicator. It generates a green dot when there is an upward breakout and a red dot for a downward breakout of the range. This system can be enhanced with the optional use of the MACD indicator for confirmation.

Strategy indicated for stocks.

Setup

Timeframe:
Use a timeframe of 15 minutes or higher.
Currency Pairs:
Focus on volatile pairs for better breakout opportunities.
Platform:
The strategy is designed for MetaTrader 5 (MT5).
Indicators:
- Range Indicator:
  - Reversal period: 20
  - Channel stop periods: 30
- MACD (optional): Use the default settings.

Trading Rules

Buy Setup:
- The Range Indicator displays a green dot, signaling an upward breakout.
- Optionally, ensure the MACD is above 0 for added confirmation.
Sell Setup:
- The Range Indicator displays a red dot, signaling a downward breakout.
- Optionally, ensure the MACD is below 0 for added confirmation.
Exit Rules:
- Place a stop-loss 1 pip below the channel stop line for both buy and sell positions.
- Set the profit target with a risk-to-reward ratio of 1:1.3.

Additional Notes

This strategy works best during high market volatility periods, such as major market sessions or news releases.
Backtest and optimize parameters (e.g., reversal period or channel stop periods) to align with the chosen currency pair's characteristics.
Risk management is crucial. Use position sizing to ensure no more than a predetermined percentage of account equity is at risk per trade.

This strategy offers a systematic way to trade breakouts with clear entry and exit rules while maintaining flexibility through optional MACD confirmation.

Range Breakout MT5 Trading Strategy

Range Breakout Mt5.rar

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Zoomer Pro Forex System

Time frame H1, Best 4H

Indicators:

Zoomer Pro

Forex FreeWay

Gann sq9

MACD (6, 31, 4)

Stochastic (31,3, 5)

Long Entry:

Trade by Follow The Zoomer Pro Indicate (Buy-Green) , The better Way is when the same colour appear. Zoomer Pro is are more reliable if confirmed by Stoch cross up and MACD>0.

Is an good Entry also with Zoomer Pro green and stoch cross up.

Stop Loss:

Set Stop Loss at the low of the entry candle.

Short Entry:

Trade by Follow The Zoomer Pro Indicate (Sell-Red) , The better Way is when the same colour appear. Zoomer Pro is are more reliable if confirmed by Stoch cross down and MACD<0.

Is an good Entry also with Zoomer Pro green and stoch cross down.

Stop Loss

Set Stop Loss at the HIGH of the entry candle.

Exit Position:When Freeway reverse

In the picture Zoomer Pro forex system in action.