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Box Trading System

Chart setup

On a 15 minute chart, draw a box between 6:45 CET (GMT+1) and 13:45 (GMT+1) and during following session between 13:45 and 18:45 enter long/short if candle close above/below the box.

Download the box drawing indicator and teplate. Similar indicator is here (works fine without template.) Adjust according your needs.

Enter long (buy)
- when candle close over London session box

Enter short (sell)
- when candle close below London session box

Stop Loss
- 30 pips. If stop loss is hit take reverse trade with 20 pips target and pips SL.

Target
- 20 pips. Otherwise exit at close of US session.

Note
- Best used on GBP/USD and EUR/CAD. This strategy is easy to backtest.

Need help? Do not you understand the system? We will help you!

Foreign exchange trading carries a high level of risk and may not be suitable for all investors. Do not invest more money than you can afford to lose. You can lose some or all of your initial investment. Any performance claims on this site are not necessarily indicative of future results.


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