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#597 Forex Morning BreakOut Trading System


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

 

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

 

BUY Rules

Trading NOTES

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  • 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

 

SELL Rules

  • 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

 

Trading NOTES

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.

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