LON-NY Breakout (LON-NY Breakout) | Foreign Exchange EA Download- MT4/MT5 Resources
Hello everyone,
First of all, this is a system that is not fully developed yet, but visually, as you can see, it looks like it could be very profitable. Maybe it's been done before, but I've personally never seen it.
Basically, we are trading the breakout from the previous London and New York trading sessions.
The white boxes on the chart represent the daily London and New York trading sessions.
This system will trade on a breakout of the level set by the previous box (see red line)
As you can see, a breakout can occur at any time after the trade closes.
A breakout could also occur during the next London and New York sessions. We are free to trade breakouts when we see fit.
Below is a template so you can quickly apply it to your diagram and quickly see for yourself the opportunities presented.
Note - You need to set the indicator to reflect your own MT4 server's time zone.
First of all, this is a system that is not fully developed yet, but visually, as you can see, it looks like it could be very profitable. Maybe it's been done before, but I've personally never seen it.
Basically, we are trading the breakout from the previous London and New York trading sessions.
The white boxes on the chart represent the daily London and New York trading sessions.
This system will trade on a breakout of the level set by the previous box (see red line)
As you can see, a breakout can occur at any time after the trade closes.
A breakout could also occur during the next London and New York sessions. We are free to trade breakouts when we see fit.
Below is a template so you can quickly apply it to your diagram and quickly see for yourself the opportunities presented.
Note - You need to set the indicator to reflect your own MT4 server's time zone.
Attachment to original post (2)
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •