FREE DOWNLOAD – “Forex Dolly BreakOut MT4 Trading System & Indicator“. The original indicator is called valasholic13 v2.5.mq4 and the original author is Valasholic mods and stuff by Linuxser for Forex-TSD.
- Time Frame: H1 and H4
- Currency pairs: AUDUSD, EURUSD, GBPUSD, USDCHF, GBPJPY, EURJPY, AUDJPY, NZDUSD.
In this breakout strategy we have two areas:
- BUY area with two buy levels.
- SELL area with two sell levels.
- Download “TraderVersity.Com-DollyBreakOutRSI” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-DollyBreakOutRSI.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-DollyBreakOutRSI” trading system and strategy
- You will see “Dolly Breakout System” is available on your Chart
- DollyBreakOut: Price break out the BUY area (blue line)
- RSI line: Above the level 55 line
- DollyBreakOut: Price break out the SELL area (red line)
- RSI line: Below the level 45 line