Today there are no live trades but it is time for experimenting.
So I have found this system and tried to make it better.
I have improved new template with alerts and correct box.You must go in the indi and place your gmt shift of your platform.
Then place the alarms above and below the box.
Then when green ema pierce the box take the trade with SL-TP MOVE by mouse script .
Pair(s) : Any
Works best on : GBPJPY, EURUSD, EURJPY
Platforum : MT4
Here are the steps :
a) Draw HI-LO box between 0000H to 0100H candles
b) 5EMA should be inside the box before the breakout for valid setups
c) Enter ONLY when 5EMA broke from the box, take profit at 20-30 pips
- The box drawn by drawing two lines (Hi and Low between 0000H to 0100H candles)
- 5EMA is inside the box at the opening of the candle at 0300H
- 5EMA broke away from the box, open at the new candle and TP 20-30 PIPS