4 6 am UK Time Breakout Strategy

Rules...

GBPUSD 15 min chart

use indy set to 4 6 am UK time all year (example settings for ODL below)

add an 85 ema (close) to your chart, green line on chart pics below.

trade in direction of 85 ema (close),

if price is above yellow breakout box go short, price below go long (charts 1
and 2 below)
if ema is in yellow breakout box at any time then no trade (charts 3 and 4
below)
enter orders at close of 5.45 am uk time candle (05.59.59)

long buffer 7, short buffer 5, these already include the spread, if using
settings below then indy gives entry prices with these buffers already
accounted for.
if order is not triggered by 0830 UK time, remove order

only 1 trade per day, no re entries

RR is 1:5

Trade Management
TP 75 pips,
SL 15 pips,
SL to BE @ +25 pips (where aqua meets orange on the chart pics 1-4)

Indicator Settings :The inputs should read from the top, these are for my broker (ODL UK) who are
gmt and 5 decimal places..
6
0
8
0
250
750
900
150
true
false
70
50
false
false
then set your colours to suit your charts

chart 1 ema above go short

chart 2 ema below go long

chart 3 ema in yellow breakout box, NO TRADE

chart 4 ema in yellow breakout box, NO TRADE