Breakout trading system strategy

Specifications:
- The degree of complexity: simple and Seder-hana
- Type: Intraday
- Number of technical indicators: no
- Concept: support breakout resistance
- Time Frame: 1 hour (H1)
- Currency matching pair: EUR / USD, USD / CHF, GBP / USD

Rules Sign Position:
1. Sign Position Buy:
- If the price breaks the resistance between 15:00 pm - 17:00 pm, for a minimum break within 5 pips of resistance
2. Sign Position Sell:
- If the price breaks the support between the hours of 15:00 pm - 17:00 pm, for a minimum break within 5 pips of support
3. Stop Loss Position:

- If it turns out the price reverses direction and penetrate the resistance line for SELL position, or the price reverses to penetrate the support for the position BUY

How to:
1. Open the chart, select Time Frame H1
2. Mark the candle clock 08.00 (03.00 in the platform time)
3. Mark candle At 15:00 pm (hours 10.oo time on the platform)
4. Mark between the highest and lowest prices above mentioned hours using a horizontal line
5. The analysis is:
a. BUY position:

If the price breaks the resistance between the hours of 15:00 to 17:00 pm (or at 10:00 to 12:00 time on the platform), then the price is likely to rise

b. Position SELL:

If the price breaks the support between the hours of 15:00 to 17:00 pm (or at 10:00 to 12:00 time on the platform), then the price will likely go down

c. Stop Loss Position:
- If the price reverses direction and penetrate the resistance line for the position SELL
- If the price reverses direction and penetrate the line of Support for BUY positions.
d. Target Profit:
a minimum distance between the support and resistane
e. No Signal:

If the time span at 3:00 p.m. to 17:00 pm (or 10:00 to 12:00 time on the platform, do not penetrate the support or resistance on that day there was no signal.

Examples: