451# Tro 2009 MPMM Dibs
Inside Bar breakout Forex Strategy
Forex signals based on the inside bar indicator
Submit by JamesUK 01/06/2013
Tro 2009 MPMM Dibs this forex strategy is based on the inside bar indicator.
a trading system that generates forex signals on multiple currency pairs simultaneously.
Time Frame 30 min, 60 min.
Inside Bar breakout Forex Strategy Rules:
Alert when there an inside bar breakout;
If price is above open line and there is an inside bar;
then if price crosses above inside bar high, go long;
If price is below open line and there is an inside bar;
then if price crosses below inside bar low, go short;
Arrow indicates the color of the daily candle;
Arrowhead indicates the direction of the DIBS trade;
Change.Sessions = true, session open will auto adjust.
Stop loss on the previous swing.
Profit Target 30 min Time Frame 12-18 pips.
Profit Target 60 min Time Frame 15-22 pips.
In the picture below Tro 2009 MPMM Dibs in action.
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Forextradingstrategiesresources (Thursday, 13 June 2013 12:33)
This system has inspired a commercial forex product.
Janus Trader