US Session Breakout by ZZL

US  Session Breakout Indicator

This indicator is a Set & Forget indicator which take around 5 minutes to key in Pending Order Buy, Sell, Stop Loss and Take Profit.

The breakout strategy is based on US Market Session and the indicator will display the setup automatically at 15:00 (Server Time).

Time frame

Recommended : H1

Pair

Any pair with:

XXXUSD or USDXXX

Buy Rules

1. Place a Pending Order Buy Stop at "Buy Entry" price display by Indicator.

2. Place a Stop Loss for Buy Stop Order at "Sell Entry" price display by Indicator.

3. Place a Take Profit for Buy Stop Order at "Buy Main TP" price display by Indicator.

Sell Rules

1. Place a Pending Order Sell Stop at "Sell Entry" price display by Indicator.

2. Place a Stop Loss for Sell Stop Order at "Sell Entry" price display by Indicator.

3. Place a Take Profit for Buy Stop Order at "Buy Main TP" price display by Indicator.

RECOVERY METHOD

If your entry Hit Stop Loss for :

1. Buy; change initial Take Profit for Sell from "Sell Main TP" to "Recovery TP".

2. Sell; change initial Take Profit for Buy from "Buy Main TP" to "Recovery TP".