4H Breakout Strategy | Forex Indicator Download - MT4/MT5 Resources
Just tough food.
If you add indicator FirstHourHiLo v1.1 1.ex4 to 4 hour chart and set MarketOpenTime to 8
You can then trade based on the breakout high or low of the candle.
The trade exit will be the Heiken Ashi color change.
A few examples:
Thanks,
SP
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4H Breakout Strategy | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
4H Breakout Strategy | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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