72# Breakout Moving Average MT4
MA Breakout classic strategy MT4 version
Submit by Giuseppe
Breakout Moving Average MT4 is a classic breakout-momentum strategy. This is a version for Metarader 4. The normal version is the following: http://forexfuturestradingsystem.com/2017/11/ema-breakout-with-stochastic-strategy.html ( Ema brakout filtered by stochastic oscillator) In my version there are Rads Stochastic, Dema filter and Fischer indicator but the principle for trading is the same.
Time Frame 15 min or higher but this strategy works good at the higher time frame.
Metatrader Indicators setting:
Exponential moving average 34 period, close.
Rads Stochastic ( 21, 4, 3, T3 9),
Fiscer indicator 10 period, close,
Di Napooli Dema filter (default setting).
Trading rules Breakout Moving Average MT4
Four hour candle closed above EMA 34 (TF 15, 30 and 60 , TF 4H or daily 1-2 candles). DiNapoli pointing upwards. Rads Stohastic T3 upwards. Fisher_m11 painted in blue. Fast Profit Target discretionary. Initial stop loss on the previous swing low. Sell Four hour candle closed above EMA 34 (TF 15, 30 and 60 , TF 4H or daily 1-2 candles). DiNapoli pointing downwards. Rads Stohastic T3 downwards. Fisher_m11 painted in red. Fast Profit Target discretionary. Initial stop loss on the previous swing high.
In the pictures Breakout Moving Average MT4 in action.
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