1.2.3. Break bacis (1.2.3. break bacis) | Foreign exchange EA download - MT4/MT5 resources

Hi everyone (rules updated)

It’s a great system – the 1-2-3 – rest system.
I am trading EURUSD with 3 Ema 5,30,100 on the 5 minute chart.
For other currency pairs, I trade on hourly, 4-hour and daily charts (I mostly trade on hourly charts - and confirm with daily charts)

30ema and 100ema act as trends and channels... and keep me trading in the right direction (hopefully!?)
That is, green (30ema) is higher than red (100ema) only in uptrends
When I trade, the price cannot be between green (30ema) and red (100ema).
Price and the 5 EMA (yellow) must be above or below the two higher EMAs
The 5 EMA acts like momentum and/or bird dog - again, in an uptrend, price must move above the 5 EMA

But these are just for small players The real deal is 1.2.3 Cracked

As in all ways (on an uptrend)
"100 fibb" (over 2 pips) is the entry point "0 Fibb" (under 2 pips) is the stop loss
***Target: "400 fibb" (under 2 points) (4.236 fibb works well) RRR 3 to 1
I will keep a close eye on the 50 and 100 points on the chart and if they are close to the Fibonacci points I will use them as targets.

I see a lot of trades on the 5 minute chart. You will have losses, but I found that my win rate was well over 80%.

Only trade if the 3 EMAs are stacked in the right other positions and the price is in the right place.
It would be best if you have some angle on the 30 and 100 EMA, it would be great if they are pulling part of it ie. 30 EMA is moving away from 100 EMA
*** Works best when the 5 EMA appears on the channel in between.
(see blue box below, this is a great setup)



Trade when you have volume and believe their "lies"
Better to set it and forget it and leave the room and let the price reach your target

I used fractals to help with the 1.2.3 setup, but you don't need them

It's that simple

Cheers the real TEB63