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Strategy BreakOut three Candle

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Isca

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Quote from: Hari@ on February 10, 2019, 12:37:20 PM
.....

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
Strategy BreakOut three Candle in Trading Systems_proxy
How come your comment repeats the initial treatment, sir, are there no other comments ...
#16 - February 10, 2019, 01:42:19 PM

Bintang

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thanks. The knowledge you provide is very useful. But I am still confused in using it. I am confused in the sense of whether it is certain with the existence of these constraints it will be broken as in the picture ... yes indeed pay attention to the candlestick the same pattern that you describe but I often when I practice it turns out not in accordance with the analysis but this is a science a new reference for me. I would like to express my gratitude
#17 - February 10, 2019, 03:38:02 PM

ageseko

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Quote from: Bintang on February 10, 2019, 03:38:02 PM
thanks. The knowledge you provide is very useful. But I am still confused in using it. I am confused in the sense of whether it is certain with the existence of these constraints it will be broken as in the picture ... yes indeed pay attention to the candlestick the same pattern that you describe but I often when I practice it turns out not in accordance with the analysis but this is a science a new reference for me. I would like to express my gratitude
I also often see that with this technique there is still a false signal, because not all prices that have been broken can continue because sometimes prices turn again
#18 - February 11, 2019, 03:21:45 AM

Bintang

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Yes, what are you saying ... So the analysis needed for the day is very synchronous and maximal ... Because only one indicator or one technique is not enough to strengthen our analysis ... And we can also learn some techniques with indicators that are appropriate with market conditions ... And we can also learn from dealing with it in the past
#19 - February 11, 2019, 04:56:44 AM

Danangmo

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very good strategy. but is it easy to understand for beginner traders to use this strategy
#20 - February 11, 2019, 05:19:56 AM

Qidarul

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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
Strategy BreakOut three Candle in Trading Systems_proxy
usually if the triangle must be from a big candle then conical, for example if we use tf 1h then we zoom in to smaller tf it might be more visible triagle / rectangular pattern.
#21 - February 11, 2019, 08:27:57 AM

Jaya hendra

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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
Strategy BreakOut three Candle in Trading Systems_proxy

science that is very useful for me a beginner thank you ...
and the pair happened to be the pair that was my dream, I would try to apply it.
#22 - February 11, 2019, 09:08:45 AM

zhamal andreal

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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
Strategy BreakOut three Candle in Trading Systems_proxy
a very good system I see it, and I am very teratrik to try to use it, but before this system, is it useful for usdjpy pair only or can it be for others?
#23 - February 11, 2019, 11:36:59 AM

Isca

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Quote from: zhamal andreal on February 11, 2019, 11:36:59 AM
a very good system I see it, and I am very teratrik to try to use it, but before this system, is it useful for usdjpy pair only or can it be for others?
This strategy can be applied in other pairs. However, it is better in UJ pairs according to rules than those who have techniques.
#24 - February 11, 2019, 03:55:43 PM

indra88makmur

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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
Strategy BreakOut three Candle in Trading Systems_proxy
can this strategy be used for all types of pairs. is it only valid in large time frames or can be used in all time frames and is not limited by certain pair types
#25 - February 11, 2019, 04:24:53 PM

Isca

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Quote from: indra88makmur on February 11, 2019, 04:24:53 PM
can this strategy be used for all types of pairs. is it only valid in large time frames or can be used in all time frames and is not limited by certain pair types
This strategy can be applied in other pairs. However, it is better in UJ pairs according to rules than those who have techniques. Of time frame is H1.
#26 - February 11, 2019, 05:16:53 PM

MangAtep

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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
Strategy BreakOut three Candle in Trading Systems_proxy
hello sir, thank you for sharing this tecnique. This is very easy to understand and hope this can make some money. But unfornately there's some problem. The problem is this tecnique is not valid for some broker. For example some broker have GMT +5 for market opening and there is some broker has GMT+3 or GMT+2 for market opening. I think the 3rd candle must be different. any solution sir? 
#27 - February 11, 2019, 07:37:28 PM

hamdyt

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I seem to have seen this strategy shared in the Indonesian trading forum
#28 - February 12, 2019, 03:39:21 AM

Mochamad Samsul Arifin

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hi bro
how long have you been using this technique

In my opinion RR that you are not good at
can RR be replaced 1: 2/1: 3


#29 - February 12, 2019, 04:12:25 AM

John Royand

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If you use the 3rd candle breakout strategy and added bollinger bands is good too, but it seems that I can also be tempted to open earlier or slower than the original strategy. Ha ha ha. In fact, it seems that other signal signals can appear to accompany the main signal. Like when a bounce candle from the middle band where the middle band slopes up or down. We can better see the potential of its movement. It's good, man. Maybe if you add a parabolic SAR, it can be better ... or even make it more complicated. The important thing is that the profit will be easier.



#30 - February 12, 2019, 10:05:00 AM
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