High accuracy Daily Time Frame Trading with “Forex Congestion Breakout ADX Trading System” – Congestion Breakout is a trading system based on Congestion Breakout indicator filtered by ADX indicator.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: Daily
- Currency Pairs: Any
MetaTrader Trading Indicator
- Congestion Breakout V2
- ADX
BUY Rules
- Congestion Breakout V2: Price break out the upper band of the “Congestion Breakout V2” indicator
- ADX Line:
- The yellow color line > Red color line
- The blue line upward and above the level 25 line
SELL Rules
- Congestion Breakout V2: Price break out the lower band of the “Congestion Breakout V2” indicator
- ADX Line:
- The yellow color line < Red color line
- The blue line downward and below the level 25 line
Trading NOTES
- This is high accuracy trading system
- The most Recommended time frame is Daily
- Place stop Loss at the opposite Band
- Risk Reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading system