Grucha Channel Forex Breakout Strategy
This is a breakout strategy that is for scalping and works on a 15 minute chart. This is applicable to any currency pairs and can only be used in New York and London Session.
Profitable Trend strength,
Price must close above upper band.
Profitable Trend strength confirmed with yellow bar buy at open next bar.
The price must close below lower band.
Profitable Trend strength confirmed with red bar sell at open next bar.
At the level of the pivots;
Profit Target Predetermined: EURUSD 15 pips; AUDUSD 12 pips; GBPUSD 18pips.)
Set stop loss on the previous swing or 15-20 pips.
How to install Grucha Channel Forex Breakout Strategy?
Download Grucha Channel 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 Grucha Channel Forex Breakout Strategy
You will see Grucha Channel Forex Breakout Strategy is available on your Chart
Click here below to download:
August 09, 2019
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