Strategy based on breakout indicator
. Please download and install it, before using strategy.
Besides indicator parameters itself (period interval and box interval) there are several parameters
for strategy tuning. See parameters description below:
- Type of breakout
- Open position after candle closes above high level, or open position immediately if incoming tick price is above high level.
- Once per day
- Is strategy allowed to open positions several time during trading day.
- Excess (in pips)
- Additional gap between high/low values and open price. 0 by default.Note:
Strategy don't have any 'exit' criteria except Stop/Limit orders, therefore Stop/Limit parameters are required for this strategy.
You can play with all above parameters to make the strategy most profitable.
Please share any suggestions or comments here.
Breakout Strategy with GMMACD Filter
Take only breakouts which have been confirmed with GMMACD
You must have both GMMA and GMMACD installed in order to use this strategy.viewtopic.php?f=17&t=412&hilit=GMMACD