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Forex/Stocks Dolly BreakOut MT4 Trading Indicator and Strategy


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.

 

MetaTrader Trading Indicators
  • DollyBreakOut
  • RSI

In this breakout strategy we have two areas:

  • BUY area with two buy levels.
  • SELL area with two sell levels.

 

How to install “Dolly Breakout System

  • 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

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • DollyBreakOut: Price break out the BUY area (blue line)
  • RSI line: Above the level 55 line

 

SELL Rules

  • DollyBreakOut: Price break out the SELL area (red line)
  • RSI line: Below the level 45 line

DOWNLOAD TRADING SYSTEM


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