Home / FREE DOWNLOAD MT4 Trading Systems / Forex Intraday London Session Opening Range BreakOut System

Forex Intraday London Session Opening Range BreakOut System


High accuracy intraday trading system with “Forex London Session Opening BreakOut” – Because the London session crosses with the two other major trading sessions–and with London being such a key financial center–a large chunk of forex transactions take place during this time.

Trading NOTES

DOWNLOAD INDICATOR

Most trends begin during the London session, and they typically will continue until the beginning of the New York session. This leads to high liquidity and potentially lower transaction costs, i.e., lower pip spreads.

  • Time Frame: M30 and H1
  • Currency Pairs: GBPUSD and EURUSD

 

MetaTrader Trading Indicators
  • BreakOut BOX LONDON Opening Range
  • BBand Stop
  • Sing ZZ
  • Candle Time
  • Moving Average
  • Magic Matrix
  • CCI
  • FX Trender

 

BUY Rules


  • BreakOut BOX LONDON Opening Range: Candle breakout the high range lines
  • Moving Average: Candles above the MA line
  • BBand Stop: Aqua line
  • Magic Matrix: Blue color
  • CCI:  Above the level 100 line
  • FX Trender: Bullish

 

SELL Rules

  • BreakOut BOX LONDON Opening Range: Candle breakout the low range lines
  • Moving Average: Candles below the MA line
  • BBand Stop: Magenta line
  • Magic Matrix: Red color
  • CCI:  Below the level -100 line
  • FX Trender: Bearish

DOWNLOAD TRADING SYSTEM

DOWNLOAD TRADING SYSTEM


READ  ADVANCED "50-70 EMA" Candlestick Analysis and Trading Strategy

Leave a Reply

Your email address will not be published. Required fields are marked *