Strategy BreakOut three Candle

Strategy Breakout Three Candle This strategy belongs to "Junaedy Go" which was discussed on the closed Facebook group. The words I show below I quote directly from Junaedy. This strategy utilizes the third candle from the MT4 separator. The type of strategy is a breakout.

 Open Position Strategy:
 Time Frame: H1 
Pair: xxxJPY

  Aggressive: 
Place a Buy stop on the high candle line Install Sell Stop on the Low candle line 

Conservative:
Wait for the candle to break or close the candle outside the line and then do the op in the direction of the candle that managed to break the candle candle line.

  Troubleshooting: 
Not all market movements are always trending, there are times when sideways which means that the candle can only go back and forth in the third high and low candle area. The step to overcome this problem is to do a mate hedging. 

Addition from me according to experience: 
1. Spread a maximum of 3 pips 
2. Based on experience, I prefer to wait for a candle break low / high, just OP 
3. After the OP is done, you must install PO BUY / SELL STOP with a distance of 15 pips from the op the first (Especially the first meaning BUYSTOP PO: 15 pips + spread. 
4. Pending Order (PO) with the marti system 
5. Stop losing 15 pips, take profit maximum 20 pips 
6. Don't trade again after take profit is touched 




Linkback: https://www.forex.zone/trading-systems/10/-strategy-breakout-three-candle/682/

Quote from: Isca on January 27, 2019, 12:16:31 AM

Strategy Breakout Three Candle This strategy belongs to "Junaedy Go" which was discussed on the closed Facebook group. The words I show below I quote directly from Junaedy. This strategy utilizes the third candle from the MT4 separator. The type of strategy is a breakout.

 Open Position Strategy:
 Time Frame: H1
Pair: xxxJPY

  Aggressive:
Place a Buy stop on the high candle line Install Sell Stop on the Low candle line

Conservative:
Wait for the candle to break or close the candle outside the line and then do the op in the direction of the candle that managed to break the candle candle line.

  Troubleshooting:
Not all market movements are always trending, there are times when sideways which means that the candle can only go back and forth in the third high and low candle area. The step to overcome this problem is to do a mate hedging.

Addition from me according to experience:
1. Spread a maximum of 3 pips
2. Based on experience, I prefer to wait for a candle break low / high, just OP
3. After the OP is done, you must install PO BUY / SELL STOP with a distance of 15 pips from the op the first (Especially the first meaning BUYSTOP PO: 15 pips + spread.
4. Pending Order (PO) with the marti system
5. Stop losing 15 pips, take profit maximum 20 pips
6. Don't trade again after take profit is touched

a good strategy, and what I'm asking is whether this strategy is specifically for the JPY pair just miss?

Because I use this strategy at xxxjpy, I recommend it in that pair. However, if anyone wants to test in another pair, I invite you. Please share the trade history in here, so it can be a lesson for friends.

Strategy Breakout Three Candle This strategy belongs to "Junaedy Go" which was discussed on the closed Facebook group. The words I show below I quote directly from Junaedy. This strategy utilizes the third candle from the MT4 separator. The type of strategy is a breakout.

 Open Position Strategy:
 Time Frame: H1
Pair: xxxJPY

  Aggressive:
Place a Buy stop on the high candle line Install Sell Stop on the Low candle line

Conservative:
Wait for the candle to break or close the candle outside the line and then do the op in the direction of the candle that managed to break the candle candle line.

  Troubleshooting:
Not all market movements are always trending, there are times when sideways which means that the candle can only go back and forth in the third high and low candle area. The step to overcome this problem is to do a mate hedging.

Addition from me according to experience:
1. Spread a maximum of 3 pips
2. Based on experience, I prefer to wait for a candle break low / high, just OP
3. After the OP is done, you must install PO BUY / SELL STOP with a distance of 15 pips from the op the first (Especially the first meaning BUYSTOP PO: 15 pips + spread.
4. Pending Order (PO) with the marti system
5. Stop losing 15 pips, take profit maximum 20 pips
6. Don't trade again after take profit is touched

hello bro, are you a native Indonesian ?? can add friends, bro, I'm Indonesian too

it's true that the breakout strategy is indeed a very powerful strategy. I also use this strategy because the confirmation point of the trend direction is on this breakout, greetings

Good strategy & Recommended for newbie trader 

Strategy Breakout Three Candle This strategy belongs to "Junaedy Go" which was discussed on the closed Facebook group. The words I show below I quote directly from Junaedy. This strategy utilizes the third candle from the MT4 separator. The type of strategy is a breakout.

 Open Position Strategy:
 Time Frame: H1
Pair: xxxJPY

  Aggressive:
Place a Buy stop on the high candle line Install Sell Stop on the Low candle line

Conservative:
Wait for the candle to break or close the candle outside the line and then do the op in the direction of the candle that managed to break the candle candle line.

  Troubleshooting:
Not all market movements are always trending, there are times when sideways which means that the candle can only go back and forth in the third high and low candle area. The step to overcome this problem is to do a mate hedging.

Addition from me according to experience:
1. Spread a maximum of 3 pips
2. Based on experience, I prefer to wait for a candle break low / high, just OP
3. After the OP is done, you must install PO BUY / SELL STOP with a distance of 15 pips from the op the first (Especially the first meaning BUYSTOP PO: 15 pips + spread.
4. Pending Order (PO) with the marti system
5. Stop losing 15 pips, take profit maximum 20 pips
6. Don't trade again after take profit is touched

has this strategy been tested profitably?

Thank you for sharing useful techniques like this, I think this technique is not familiar among traders, but maybe this is a special technique developed by a super trader, which I understand is simple and easy to understand but must be more patented moment the position of this technique, but I fully say this technique is very good and useful

Strategy Breakout Three Candle This strategy belongs to "Junaedy Go" which was discussed on the closed Facebook group. The words I show below I quote directly from Junaedy. This strategy utilizes the third candle from the MT4 separator. The type of strategy is a breakout.

 Open Position Strategy:
 Time Frame: H1
Pair: xxxJPY

  Aggressive:
Place a Buy stop on the high candle line Install Sell Stop on the Low candle line

Conservative:
Wait for the candle to break or close the candle outside the line and then do the op in the direction of the candle that managed to break the candle candle line.

  Troubleshooting:
Not all market movements are always trending, there are times when sideways which means that the candle can only go back and forth in the third high and low candle area. The step to overcome this problem is to do a mate hedging.

Addition from me according to experience:
1. Spread a maximum of 3 pips
2. Based on experience, I prefer to wait for a candle break low / high, just OP
3. After the OP is done, you must install PO BUY / SELL STOP with a distance of 15 pips from the op the first (Especially the first meaning BUYSTOP PO: 15 pips + spread.
4. Pending Order (PO) with the marti system
5. Stop losing 15 pips, take profit maximum 20 pips
6. Don't trade again after take profit is touched

Good night..

very good for the strategy, sell stop and buy stop to trap the price,

A pretty good technique is suitable for beginners who are new to forex