There are so many forex strategies you can find online. Some are easy and profitable, and some are complex. You have to test the manual method as long as you see the strategy which works for you in the long run. Breakout forex strategy is also a manual proven strategy that can give consistent profits from forex trading.
If you can use any indicator of the breakout forex strategy, things can be much easier for you. With the help of the indicator, you do not need to analyze the market actively. You need to check the indicator, take the signals, and take the manual trade. But before you place any trade, you need to check out the market condition of the currency pairs. We are sharing so many forex indicators earlier; you can also check the MACD Forex Indicator or DPL Rapper Forex Indicator.
This forex indicator strategy is created based on the London session breakouts strategy. There are four main sessions in the forex market: London session, Newyork session, Tokyo session, and Sydney session. Newyork and London sessions are the main session where the market volatility is in the top position.
You will find the Tokyo session price zone when using this forex indicator. And when the breakout happens from the Tokyo zone, you can take buy and sell trades. You know, after the Tokyo session, the London session starts. If you backtest this simple trading strategy, you can find out that this simple forex strategy can make you rich. I am not joking; you can test yourself.
This forex indicator also gives you real-time entry and stop-loss price, making a trading lot easier. Although this forex indicator shows good signals, we recommend you implement your manual strategy or understanding of this forex indicator. You know the human brain cannot replace any automated trading.
We recommend using this forex indicator on six currency pairs, GBPUSD, GBPJPY, GBPCAD, GBPAUD, GBPCHF, and GBPNZD. If you want to use this forex indicator for other pairs, you need to test many times to check the testing data. After testing, we see that the 15M timeframe is the best timeframe for this forex indicator.
To get accurate results for each trade you take, you need to use a low-spread forex broker. Low spread forex broker is also best for scalping. ICMarkets is the best choice for us. If you like, you can also check this broker. We are confident that you will love this broker.
You can start with $100 as you are trading manually. The lot size should be 0.01 initially, and you can increase it later. You can make 20%-25% profits using this forex indicator every month. But you need to test before any investment.
While traders of all experience levels can use this system, you need to test this forex indicator on the mt4 demo platform many times before you invest any amount for this forex indicator. To become a professional trader, you need to follow the proper money management and proper trade management.
You can download this forex indicator for free here.
How to use:
Step 1: Register Zero Spread Broker: https://provenbinarybot.com/ZeroSpread
Become Funded Trader 10K-200K: https://provenbinarybot.com/ftmo
Step 2: Download the Forex Indicator or forex system
Step 3: Install the Indicator to your MT4 platform
Step 4: Run the Indicator to your demo account first
Step 5: Take some trade to your demo account according to the forex system or indicators
Step 6: Go to the real account and apply the proven system
Step 7: Make Profit
Recommended balance minimum $500
Initial Lot: $0.01
Time frame: 1 hour/4 hour