-

Home Trading Systems MBFX Breakout Trading System

MBFX Breakout Trading System

The MBFX Breakout System is a dynamic breakout forex strategy based on the I-regression indicator and the MBFX timing indicator as a filter. The trading system is very simple to trade with, you should simply enter the market when the price candle breaks and close above or belove the of the i-regression curve, plus the MBFX timing is oversold or overbought with the green line for buy or the yellow line for sell.

Time frame: 30 min or higher, best is 4H.
Currency pairs: majors or minors.

Metatrader 4 indicators included and their settings:
I-Regression slow 2, 0.25, 100.
MBFX Timing default setting.

How to trade with MBFX Breakout System?

Buy signal

Open long trade when the following conditions are met:

The price action close above the upper band of the i-regression channel with yellow candle. The MBFX timing indicator line is green and reached the oversold area.
Place initial stop loss on the previous low swing.
Profit Target ratio 1:1 of stop loss or more.

Sell signal

Open long trade when the following conditions are met:

The price action close below the lower band of the i-regression channel with red candle. The MBFX timing indicator line is yellow and reached the overbought area.
Place initial stop loss on the previous high swing.
Profit target ratio 1:1 of stop loss or more.

Related:
mbfx timing indicator
mbfx system

MBFX Breakout System Free Download.

To download the MBFX Breakout Trading System for Metatrader 4 (MT4) for free just click the button below:

LINK

Top Download MT4 Indicators

Forex Signal 30 Trading System – profitable indicator forex strategy

Today I would like to present to you the Forex Signal 30 - a very good forex trading strategy. It is much liked and...

Trend Imperator V2 Trading System

Trend Imperator V2 is advanced forex trading system with clear arrows buy and sell signals. In the package you will receive following files: Trend_Imperator_V2e.ex4 Trend_Imperator_V2.ex4...

Bheurekso Pattern

The Bheurekso Pattern is a custom forex indicator that automatically recognizes and displays candlestick patterns like Bullish Engulfing, Bull Harami, Bearish Engulfing, etc. The indicator...

EFC Indicator

The EFC Indicator basic concept is to open position as a reversal trend is detected. As soon as RSI divergence is detected, the indicator...

Forex Entry Point Indicator

Forex Entry Point indicator was designed to give traders the best possible entry for their long and short trades and it displays pink and...

Looking for something?

What is your best indicator?

View Results

Loading ... Loading ...

You might also likeRELATED
Recommended for you