Range Breakout System | Forex Factory

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Range Breakout System

  • #1
  • First Post: Edited Aug 20, 2024 10:19am Aug 18, 2024 6:08am | Edited Aug 20, 2024 10:19am
This System can EASILY be traded manually!

For a Trading System to be turned into a longterm profitable Strategy, you need Rules that are as simple as possible. Only than it can withstand all types of market conditions!

The best Instruments to trade this on are USDJPY, GBPUSD and NAS100
The Rules differ slightly from Instrument to Instrument

Example USDJPY:

Range:
1am to 6am GMT+3

-Buy Stop on Range High Border
-Sell Stop on Range Low Border
-Stop Loss on the other side of the Range
-No Take Profit
-We close all open Positions at 8pm GMT+3
-Open (and not triggered) Orders get deleted 1,5 Hours befor News York Open (1pm GMT+3)
-We trail our SL on Highs/Lows

This Strategy has worked for more than 10 Years now.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB

This is the big JPY drop from 11th of July. We lost the Buy Position and than made ~15R on the Sell.

I have made a YouTube Video to talk about this Strategy!

Inserted Video


Attached Image (click to enlarge)
Click to Enlarge Name: This EA is PROFITABLE over 10 Years with this SIMPLE STRATEGY!.png Size: 497 KB
  • #2
  • Aug 18, 2024 8:44pm Aug 18, 2024 8:44pm
Not quiet sure why this got moved to Commercial Content since I am not selling anything?
Is it because I mentioned that I have bought an EA in the past? If I remove that part can this get back to Trading Systems? Cause that is what it is
  • #3
  • Aug 19, 2024 1:39am Aug 19, 2024 1:39am
so basically you entry buy/sell stop after opening of frankfurt session set you entry in the range of asian sesh close your position at the end of ny sesh?
  • #4
  • Aug 19, 2024 2:00am Aug 19, 2024 2:00am
Quoting tapikotakupe
so basically you entry buy/sell stop after opening of frankfurt session set you entry in the range of asian sesh close your position at the end of ny sesh?
No not really. You do exactly the Steps I provided in my first post If you do anything different from that it wont work

Today we were up almost 3R at one point already ... USDJPY is currently pulling back but the TSL shoudl already be at work
  • #5
  • Aug 19, 2024 9:37am Aug 19, 2024 9:37am
Hi Knodlz

Thank you very much for taking the time posting this strategy.

I am a little confused with the entry times.

Above you say the range time it 1am to 6am GMT, but in the video you say the range time is 1am to 6am server time.

MT4 and MT5 server time is not GMT

6am MT server time is currently 4am GMT.

Also entering a short after 6am on USDJPY you would not have reached a 3 R before the re-trace, but you would have entering the short after 4am GMT.
can you verify the correct GMT range time.
Not criticising I'm just a bit confused that's all.
Thank you for you time
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #6
  • Aug 19, 2024 9:53am Aug 19, 2024 9:53am
You are right I amde a mistake. I am running my EA on a Prop Account with The5ers which currently is on GMT +3 actually. For my Timezone (Berlin Time UTC+2) it is the range from 0:00 to 5am.
  • #7
  • Aug 19, 2024 10:15am Aug 19, 2024 10:15am
Quoting Knodlz
You are right I amde a mistake. I am running my EA on a Prop Account with The5ers which currently is on GMT +3 actually. For my Timezone (Berlin Time UTC+2) it is the range from 0:00 to 5am.
Thank you Knodlz for verifying
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #8
  • Aug 31, 2024 8:27am Aug 31, 2024 8:27am
Is there anyone who has written a robot?

Or if anyone has tested it in the system and has backtest results, could they upload it?
  • #9
  • Aug 20, 2025 10:59pm Aug 20, 2025 10:59pm
Quoting Knodlz
This System can EASILY be traded manually! For a Trading System to be turned into a longterm profitable Strategy, you need Rules that are as simple as possible. Only than it can withstand all types of market conditions! The best Instruments to trade this on are USDJPY, GBPUSD and NAS100 The Rules differ slightly from Instrument to Instrument Example USDJPY: Range: 1am to 6am GMT+3 -Buy Stop on Range High Border -Sell Stop on Range Low Border -Stop Loss on the other side of the Range -No Take Profit -We close all open Positions at 8pm GMT+3 -Open...
Hello Knodlz, thanks for sharing strategy hours for USDJPY. I wonder have you found winner settings for other assets, you mentioned GBPUSD and NAS100, will be appreciate to have settings for them too
  • #10
  • Last Post: Nov 27, 2025 11:08am Nov 27, 2025 11:08am
Quoting Knodlz
This System can EASILY be traded manually! For a Trading System to be turned into a longterm profitable Strategy, you need Rules that are as simple as possible. Only than it can withstand all types of market conditions! The best Instruments to trade this on are USDJPY, GBPUSD and NAS100 The Rules differ slightly from Instrument to Instrument Example USDJPY: Range: 1am to 6am GMT+3 -Buy Stop on Range High Border -Sell Stop on Range Low Border -Stop Loss on the other side of the Range -No Take Profit -We close all open Positions at 8pm GMT+3 -Open...
Hi Knodlz, thank you for sharing this strategy, I want to ask you a question, is there any rules on strong news days like Non Farm ? Or all needed is to follow your rules above? Thank you
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