[GET] ERXGen Breakout Indicator by Five Talents Trader

[sunnyillion]

(Early Riser Next Generation) system is a short-term trading technique built around the phenomenon that there are certain times during a trading day when price volatility has the tendency to be high. In essence, ERXGen is based on the very popular London Open Breakout strategy, enhanced with bespoke, tried-and-tested rules that increase consistency and profitability.

Price action during the Tokyo trading session is used to determine entry conditions and Buy or Sell trades taken mostly during the London Trading session.

The three key rules are:

Intra-week trend
Tight Tokyo Range (gap between high and low price during the Tokyo session)
Location of the Tokyo Range (price action during the Tokyo session must happen either at the top or bottom of the previous day's range)

Salespage:

Code:

https://www.fivetalentstrader.com/products/indicators/erxgen-breakout-indictator/

Download:

Code:

https://fivetalentstrader.com/products/indicators/products/download-erxgen-breakout-system/

Download PDF:

Code:

https://fivetalentstrader.com/_webedit/uploaded-files/All%20Files/ERXGen-Breakout-Indicator-Setup.pdf

[mario.nurkadim]

thanks sunny

[motar]

Thank you very much ¡¡¡

[livinlifetoday]

Thank you! Reps given

[babby]

thankssmilethankssmilethankssmile

[716VHS]

thanks for sharing . reps added

[MyBizCard]

Thanks Sunny, good share.

[mub21]

thanks bro.. Rep added

[alabama]

Reps to the OP for sharing.
On another note, intraday or daily volatility in the forex market is extremely low. If you simply convert the pips to percentages you'll see what I mean. 50 pips profit in EURUSD sounds cool. But 0.5% EURUSD profit today (50 pips) sounds..not that cool :) That's why brokers and IBs always talk in pips for price, and try to compensate by offering ridiculously high leverage (1:30, 1:200 1:500). In essence, you trade the same very low volatility, but take a very big risk on your money. Cool trick (and very profitable for them).

Good luck to all trading.