This is an dynamic breakout forex system. The advantage of this
system
is good earnings in trending market and less drawdown
Pairs:Major
Time frame: 15M
Spread max:0,0001
The Supports and Resistances Dynamics ” method scalps pips when
price breaks through major support and resistance. There is always an
opportunity to grab at least a few pips and on some occasions catch a
runner.
Indicators:
support and resistance dynamics dyn_r_s
Entry position: Wait for the m15 candle to close. Enter long 1 pip
above the red dot of the closed candle and short 1 pip below the blue
dot of that candle. You should use pending orders to ensure you enter
at the correct price. Pending orders are valid until they are triggered or
until another dot appears on an m15 candle
Profit Exit: 8 pips (EUR/USD), 7 pips (AUD,USD, USD/JPY), 9 pips
GBP/USD
Loss Exit: stop loss on high/low setup bar and the settings set a break
even as we gain 5 pips
In the pictures below an example of the Support and Resistence
Dynamics Forex System in action
