Forex Strategy 4-6 GMT Breakout Strategy

Forex Strategy 4-6 GMT Breakout Strategy — break forex strategy, which represents an updated version of the strategy 4-7 GMT Breakout Strategy, allowing to reduce the drawdown when trading by filtering false alarms using the moving average and the new rules of entry and exit him.

  • Trade still carried on the currency pair GBPUSD, time interval — 15 min (M15).
  • But the box is now drawn from 4 to 6 to GMT,

IMPORTANT: If you have DC with winter time, for example — GMT 1 and DC in the summer takes the time to GMT + 2, then we display jason-breakout-box_v3.ex4 not translate the time! It still remains to DC — Forex4you, Alpari and others from DC to daylight saving time GMT 1: end_hour = 7 on throughout the year (see report on the work of Councillor 4-6 GMT Breakout — there is no translated throughout the year) !

3) On the schedule you want to add an exponential moving average EMA (85) — to apply to close.

4) Just to add a chart display jason-breakout-box_v3.ex4 — setting the indicator as follows (for GMT 0):

Indicator parameterаjason-breakout-box_v3.ex4

Value for the DC with 4-digit quotes





for DC with GMT +1-Forex4you, Alpari, you need to put 7!

End time frame (hours)



End time frame (minutes)



Number of candles in a box (bars)



Number of bars after closing the box



for DC with a 5-digit quotes, such as Alpari 250

Take-profit 1



Alpari 750

Take-profit 2



Alpari 900

Take-profit 3



Alpari 750150

The size of the stoploss



Use TR 2 (yes)



Use TR 3 (no)



Alpari 75070

Away from the Hai boxes to be placed buy stop



Alpari 50

Away from the Low box to be placed Sellystop



Add to spread Hai (no)



Add spread to Low (no)

Next colors of the coloring box, profit, etc. leave as is!

After installing the indicators, trading platform Metatrader 4 will looksomething like this:

Forex Strategy 4-6 GMT Breakout Strategy

Regulation opening deals on forex strategy 4-6 GMT Breakout Strategy:

1) Trade is conducted only in the direction of the moving average EMA (85) and only 1 time a day!

If EMA (85) is above the yellow field on the display jason-breakout-box_v3.ex4 — is only the transaction for sale!

If EMA (85) is below the yellow field at the same forex indicators — open only to a deal to buy (see the right example in the figure above)!

2) If the EMA (85) is or has somehow crossed the yellow box indicator jason-breakout-box — No deal was concluded at all (left-hand example in the picture above)!

3) Set on the border of the yellow rectangle 2 pending orders equal to the lot, only in the direction of the EMA.

4) When open orders are not closed prior to the formation of a new box — shut them in 5.59.59 the next day.

5) For issuing orders using indentation — 7 points for the Buy Stop and 5 points for a Sell Stop — this is already taking into account the spread.

6) If the correct order is not activated until 8.30 am on GMT — delete it!

7) Stop-loss set at 15 pips from entry into the market!

8) Take-profit 1 — 25 points, take-profit 2 — 75 points. When closing the TP1, move the stop-loss open position to breakeven!

Attention LED and templates needed to unzip the first!

Currency pair GBPUSD (original settings as described in the strategy):

Advisor 06.04 GMT (original)!

Currency pair GBPJPY (trailing, NoLoss, Notrade, dynamic lot StrategyTester_GBPJPY.htm file in the archive) ver of 2.2:

Test Advisor 4-6 GMT Breakout GBPJPY

Currency pair GBPUSD (Optimized Configuration) — ver of 3.0 — 2009

Test Advisor 4.6 GMT GBPUSD Breakout test for 2010!

Currency pair GBPUSD (Optimized Configuration) ver of 3.0 2009-2010:

Test Advisor 4.6 GMT GBPUSD Breakout test for the 2009-2010 year!

DOWNLOAD: Proceedings Councillor 4-6 GMT Breakout 2009 — 2010!

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