Breakout Strategies - One Hour Forex Breakout Strategy







This system works on a 1 hour timeframe and is applicable to all currency pairs.

Forex Indicators:

  • 5SMA High and Low;
  • MACD (8, 21, 8);
  • Bollinger Bands (2, 20) on RSI (13).

Long Entry:

  • Price must pull above the 5 SMA of the high and close above.
  • Buying signal for MACD.
  • Stochastic must be recently over sold under the 20 and be headed up.
  • RSI must be above the green middle Bollinger Band line and be above the 50 level as well .

Short Entry:

  • Selling signal must be seen on MACD.
  • Price must drop below the 5 SMMA of the low and close below it
  • Stochastic must be recently over bought above 80 and be headed down
  • RSI must be below the green middle Bollinger Band line and be below the 50 level as well.

Exit Position:

Exit trade When the price is 3 pips above o below opposite 5 SMA.
Place Stop Loss at the previous swing point or 55-80 pips away from entry.
Profit Target: On the levels pivot, 50-70 pips.

How to install One Hour Forex Breakout Strategy?


  • Download One Hour Forex Breakout Strategy.zip
  • Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover on “Template”
  • Move right to select One Hour Forex Breakout Strategy
  • You will see One Hour Forex Breakout Strategy is available on your Chart

Click here below to download:

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