5min Breakout Trading System

Time frame 5min. Pairs: EUR/USD, GBP/USD,AUD/USD Forex Indicators: 10EMA, 50EMA. Bollinger Bands (30,2) ParabolicSar(0.03, 0.2) RSI (14) (Buy level 60, Sell Level 40) MACD (12,26,9) Long Entry: When the price of the closed candle breaks upper band Bollinger Bands,10EMA>50EMA, RSI>60 and MACD >0. Short Entry: When the price of the closed candle breaks Lower band Bollinger Bands, 10EMA<50EMA , RSI<40 and MACD <0. Exit: When […]
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