Panca-Eagle Break Out Strategy RULES:
1. For All Major Currency : EUR/USD, USD/CHF, GBP/USD or GBP/JPY (BEST)..etc
2.Trading Hour: You have to wait for the bars to get past the red box before you place an order at 10.30-21.00 WIB (GMT +7) in TF :30 Minute
3.Only 1 Buy & 1 Sell
4.No More Than 5-10% Equity each open trade
5.Minimum Take Profit = +10 pips for GU or GJ
Pips protect, secure + 10 pips when your running profit +30
Trailing Stop 15 pips (optional)
6. You can use Pending Order : TP 30 ans SL 30 , Buy and Sell at Green Area After past the Box. But Recommended If You use instant execution.
7. How To Entry:
Buy WHEN :
1.the price enter Upper Box Green Area After past the red Box................OK!
2.EMA 5 (red line) Upper EMA 13 (yellow line).........OK!
3.RSI >55........................OK!
*1,2,3......OK!.....BUY.....
Sell WHEN :
1.the price enter Bottom Box Green Area After past the red box...........OK!
2.EMA 5 (red line) Below EMA 13 (yellow line)......OK!
3.RSI <45..........ok!..........SELL
You should use this strategy in DEMO ACCOUT first......
and in LIVE ACCOUNT...........HAVE A NICE PIPS.......................
Best Regards
psetiabudi@yahoo.com