Congestion Breakout Forex Trading System for mt4

 

Congestion Breakout Trading System / Strategy.

Time Frame : 15 minutes and above.

Indicators used in Congestion Breakout Trading System.

• CongestionBreakOutV2
• CCI
• ADX (Average Directional Movement Index

 

Buy (Long) Entry: When Price close above the upper band, CCI > 125 and ADX > 25.

Stop Loss             : Opposite Band.

Take Profit          : Open.

Sell (Short) Entry: When Price close below the Lower band, CCI < 125 and ADX > 25.

Stop loss              : Opposite Band.

Take profit          : Open.

 

File Congestion Breakout Trading System.rar contains 

CCI.ex4, 

CCI.mq4, 

CongestionBreakOutV2.ex4, 

CongestionBreakOutV2.ex4 

and Congestion Breakout.tpl

Free Download Congestion Breakout Trading System

How to install Congestion Breakout Trading System in forex trading platform metatrader 4 (Mt4)?

• Extract the downloaded Congestion Breakout Trading System.rar.
• Go to “File menu” in Mt4 trading platform and click “open data folder”.
• Open templates folder and paste the Congestion Breakout.tpl file.
• Open Mql4 folder and open the indicators folder. Now paste the CCI.ex4, CCI.mq4, CongestionBreakOutV2.ex4, CongestionBreakOutV2.ex4 files into indicators folder and restart the MetaTrader 4.

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