(Share) My new 15 min breakout system

jamesagnew717

Active member
Hi,

Its been a whie guys and gals . but im back with a new system , it works on the 15 min time frame ,

settings are as follows for 5 digit broker

21 sma shift 10 with levels 150 and -150

5 ema

this gives you a breakout channel with the 5 ema , when the 5 ema breaks the channel north or south you enter the market with a 40 pip stop loss target is 80 pips 2-1 risk rewards ,

you enter and hold either for your target or if the price hits the lower channel if buying or when selling wait until the price hits the higher channel

thats it, its really that simple , this system tried very hard not to get you involved when the market is sideways or choppy ,

happy trading


james agnew
 

rgabor

Member
maximo;n2340478 said:
What do you mean by " levels 150 and -150" ?
I suggest to learn more about Forex and indicators before trying out any strategy.

Anyhow, here is a screenshot about the setup of this indicator. You might notice that there is a Level tab there.

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hramir

Member
jamesagnew717;n2340368 said:
Hi,

Its been a whie guys and gals . but im back with a new system , it works on the 15 min time frame ,

settings are as follows for 5 digit broker

21 sma shift 10 with levels 150 and -150

5 ema

this gives you a breakout channel with the 5 ema , when the 5 ema breaks the channel north or south you enter the market with a 40 pip stop loss target is 80 pips 2-1 risk rewards ,

you enter and hold either for your target or if the price hits the lower channel if buying or when selling wait until the price hits the higher channel

thats it, its really that simple , this system tried very hard not to get you involved when the market is sideways or choppy ,

happy trading


james agnew
can you post a picture how to entry on buy or sell? thanks
 
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