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BOX BREAKOUT STRATEGY

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BOX BREAKOUT STRATEGY EA  AND INDICATOR.

THIS IS 3 BOX BREAKOUT STRATEGY IN WHICH HAVE TO USE DAILY BRAEKOUT/UK BREAKOUT AND US  BREAKOUT.

DAILY TIME IS 00:00 TO 23.59 AND UK TIME IS 10:30 TO 10:29 NEXTDAY (FOR LINE PLOTTING AND VALID FOR TRADING) AND US NY TIME IS 14:30 TO 14:29 NEXT DAY.

DAILY FIRST 00:00 TO 02:00 BOX HAVE TO USE FOR EXAMPLE. THEN AFTER 02:01 TIME THERE MAY PLOT 00:00 TO 02:00 (HIGH+LOW)/2 AVERAGE LINE VALUE.

ONE SIGNAL INDICATOR WILL GENERATE ARROWS DURING WHOLE DAY.

 

NOW THE MAIN WORK IS TO BUY ONLY ABOVE AVERAGE LINE ARROW GENERATES AND CLOSE TRADE AT SPECIFIC TP. THERE MAY BE SL AND TRAILING SL TOO.

DAILY MAX 2 FOR BUY TRADES AND MAX 2 TRADES FOR SELL TRADES. MORE TRADES ARE SKIPPED. IF SIGNAL IS TOO HIGH DISTANCE FROM AVG LINE THEN SKIPPED. THE IMAGE FILE SHOWS DAILY BREAKOUT EXAMPLE. SAME FOR UK AND NY BREAKOUT. DIFFERENCE IS ONLY TIME.  

 

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