ThorBoxBreakout
Thor Box Breakout basically a method for determing support and resistance breakouts.
The idea of this strategy is to determine previous range and take trading opportunities once the box is broken (with borders acting as support and resistance areas) using as a trigger the breaks above and below that range. I ndicator is simple enough to understand. It is not complicated to use; we just simply have to wait for a breakout above or below the green zone.
As such, it requires 移动平均交叉ea mt4免费下载 no special skills in order to use it.
移动平均交叉ea mt4免费下载 Break Out Strategy rules:
Box Period 5 Day
1. Trading Hour:
You have to wait for the bars to get past the red box before you place an order
2. Only 1 Buy & 1 Sell
3. No More Than 5-10% Equity each open trade
4. Minimum Take Profit = +10 pips for GU or GJ Pips protect, secure + 10 pips when your running profit +30 Trailing Stop 15 pips (optional)
5. You can use Pending Order : TP 30 ans SL 30 , Buy and Sell at Green Area After past the Box. But Recommended If You use instant execution.
6. How To Entry:
Buy when :
The price 移动平均交叉ea mt4免费下载 移动平均交叉ea mt4免费下载 enter upper box green area after past the red Box
EMA 5 Upper EMA 13
RSI above 55 level
Sell when :
The price enter bottom box green area after past the red box
EMA 5 Below EMA 13
RSI below 45 level
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That motivates me to develop more..
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