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8H IB Breakout (8H IB Breakout) | Forex indicator download- MT4/MT5 resources

author EAcpu | 4 reads | 0 comments |
Hello everyone,

My strategy is simple. Here’s a Breakthrough Intraday Strategy

What do you need? :
The 30-minute chart has the Custumcandleweek indicator with a 480-minute time frame.
An in-house bar.
Entry rules:
On the 8-hour bar, sell when the low breaks and buy when the high breaks.
Stop loss:
Sell ​​at high price within 8 hours
Buy at low price within 8 hours
Target:
Target=stop loss-entry R:R=1:1
If the insider is not broken within 8 hours, the best time to find another insider is GMT+2 because we have 3 time periods (00:00-8.00am Asia), (8:00-16:00 Europe) and (16:00-24:00 America).
It works well on EUR GBP.

Transaction results:
2009
January: 12 wins, 7 losses
February: 8 liters in 13 weeks March: 5 liters in 9 weeks April: 7 liters in 7 weeks
May: 12 weeks 6 liters June: 10w 2l
July: 11 weeks 2 liters
Week 16 August 2L
Week 8 September 2L
2009 1:1 trade ratio is 70%, risk per trade is 2% + 102% for 7 months or 14% per month
2008
January: 3 liters in 8 weeks
February: 8 liters in 10 weeks March: 4 liters in 5 weeks April: 5 liters in 5 weeks
May 8 3 June: 9 liters in 7 weeks July: 7 liters in 12 weeks
August: 1 liter in 7 weeks September: 9 liters in 5 weeks
October: 9 liters in 8 weeks
November: 6 weeks 8 liters December: 16 weeks 6 liters
2008 success rate of 58% for 1:1 trade ratio, risk per trade is 2% + 55% for 12 months or 4.5% per month

Happy trading.
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