Hie TooSlow, i understand caution should be exercised when trading Previous day breakouts but i am unsure which measures to take if you engage in such conditions to reduce our risk. I was thinking maybe avoiding breakouts altogether or more aggresive stop trailing but i'm just guessing here.
I would be grateful to know if there is anyone with the MT5 version of this system. Thank you Too Slow Thank you all!
the metod doesn need any indicator so there is not diference between mt4 and mt5, maybe that diferent broker gaves diferent candles but this doesn't have to be a problem as most of the times are barely the same