#597 Forex Morning BreakOut Trading System and Strategy

Forex “King’s Cage” Morning BreakOut Trading System – Basically it can be used in all pairs, all timeframe. But we will use it in short-term entry GBPUSD, GBPJPY, GBPCHF & EURUSD with 30 minutes and hourly timeframes.

• Time Frame: M5 or higher
• Currency Pairs: EURUSD, GBPUSD, GBPJPY, and GBPCHF

 

• King’s Cage
• ATR Pips
• King Trend
• MMPrice
• Moving Average
• Spread dan Range
• TDI
• QQE Alert MTF
• Relative Strength Index

 

• Download “TraderVersity.Com-MorningBreakOut” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “TraderVersity.Com-MorningBreakOut.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Meta Trader Client.
• Select Chart and Time frame where you want to test your Forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity.Com-MorningBreakOut” trading  system and strategy
• You will see “TraderVersity.Com-MorningBreakOut” is available on your Chart

 

• King’s Cage: The price is upward above the King’s Cage indicator
• TDI: The green line > the red line > the yellow line
• QQE Alert MTF: The blue line > the yellow line
• Relative Strength Index: above the level 60

 

• King’s Cage: The price is down below the King’s Cage indicator
• TDI: The green line < the red line < the yellow line
• QQE Alert MTF: The blue line < the yellow line
• Relative Strength Index: below the level 40

 

All of the results will be determined by your trading skills. The key to using this indicator is PATIENCE!!!

Do not enter a trade just for a shake of entry.

Every trader knows that not every trade is a winning trade.

But if you choose to enter a trade in an improper time, there’s no chance it becomes a winning trade. So, wait until the time a correct, and enter.

DOWNLOAD TRADING SYSTEM