Mika's Breakout strategy

Anybody at all??

sorry friend, no mq4

This system backtests extremely well on the daily time frame .

hello, thanks for sharing this strategy.
may i ask is it possible to add popup and sound alert to the Breakout Arrow indicator so we could easily monitor the charts?
Thanks in advance!

I think replacing the japanese candles with CCI CustomCandles will work great with this system.

Dear Mika, Thank you for the knowledge. My results since using your method yesterday. I use the Daily TF. Confirmation to enter with arrow Arrow, and use entry confirmation from M15, H1, H4 to confirm trend as well other indicators listed with your method.



After London...

I need to toggle between time frames to refresh the BO Channel.

Before refresh

After refresh


Is there a way to make Mika's BO channel update automatically? If there is mql4 file, I can have it fixed.

@ Mikajap: Is there a way to get the mq4 file of "Mika´s BO channel"? I want to program an expert advisor, and this perfect indicator should give me good signals! All the best for you!

Example by trend setup with Mika's Breakout system, I will only use it by a trend following approach.
1. EMA 100 under EMA 200 (Trend confirmed)
2. Bearish Signal formed on closed candle
3. We wait for a pullback at the S/R level
4. Once we see bouncing from the S/R level we take the short

Thanks for sharing.

Can you please confirm what software this works on.

regards BL.

trying to sell



trying to buy



ALL HIT TP

Trying to sell

hit TP

trying to buy gbpaud

hit SL