Trade Outside the Box (TOTB) - MT4/MT5 Resources
Hello everyone
Out-of-the-box trading TOTB
Just think outside the box and your trading will be great
06:00 -10:00 GMT 4 hour candle high and low
Modified by SwingMan using this INDI
Last version post #312
https://www.forexfactory.com/showthr...7#post12846977
https://www.forexfactory.com/attachm...7&d=1583877282
https://www.forexfactory.com/showthr...2#post12803722
Trade outside the box TOTB
If the H1 BAR closing price is higher than the box opening price
Now you have a VIP data to track and manage your risk (divided by your risk)/points to set your loss size range
We know the high and low prices and how many points there are in the range
1- For a long position, take profit is 50 and stop loss within the BOX range (if any 1H BAR closes below the BOX).
2- Set a buy limit order at the highest point of BOX, if any 1H BAR closing price is lower than BOX, take profit and stop loss at the same point as BOX.
We have a precise setup to follow
1 box series
2- Wait for the installation to complete
3- Calculate your risk R:R
4- Be ready to open your sell/buy markets and limit orders
Don't trade
I will thank you for your help in creating EA
and
1 Time GMT can be modified
2- Option to close all trades with 50% range and trailing stop
(Remember to divide and calculate your risk and lot size)
TOTB Industrial and Temperature
























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