FQ TOOLS True Breakout V4 · PDF fileTrue Breakout V4.5 . ... • Gives breakout signals...
-
Upload
trinhduong -
Category
Documents
-
view
225 -
download
3
Transcript of FQ TOOLS True Breakout V4 · PDF fileTrue Breakout V4.5 . ... • Gives breakout signals...
FQ TOOLS http://fxquickroute.com/fqsystems/
1 Property Copyright of www.fxquickroute.com
True Breakout V4.5 Trade the real breakouts with easy and confidence
One-time payment of 300$ (New users)
One-time payment of 250$ (Members)
1(One) license for 1(One) Device/Computer
Lifetime Support and Updates
Membership starts after 7 days the first purchase. This
will entitle you discounts for the next purchase.
7 Days 100% Money Back Guaranteed. Check our Terms for Refund regarding Tool and Systems
www.fxquickroute.com/termsofuse/
For inquiries, you can reach us at:
Reach us in Skype:
Id: fxquickroute
For other useful tools and trading systems, Visit our website
www.fxquickroute.com
FQ TOOLS http://fxquickroute.com/fqsystems/
2 Property Copyright of www.fxquickroute.com
FQ SYSTEMS These are enhanced systems based of proven ones that work. Rules are clearly defined and should be followed to be profitable. Entry, StopLoss and Takeprofit levels are calculated, exit strategy implemented.
FEATURES • Gives breakout signals from various price action setups proven to have high accuracy
• Easy detection of valid / invalid setups based from True Breakout rules
• Advanced Auto Update feature
• Auto Pair feature. Currently support 10 pairs. Pairs can be added and swapped with better
ones based on current condition.
• Important features added and updated.
• Very simple and easy to trade
• High accuracy rate seen here: www.fxquickroute.com/fqsystems/tbsresults/
• Proven to work with real users here:
http://www.forex-tsd.com/commercial-trading-systems-indicators/120579-true-breakout-system-commercial.html
• 100% No repaint
• Email/Mobile and Push Notifications Alerts available
FQ TOOLS http://fxquickroute.com/fqsystems/
3 Property Copyright of www.fxquickroute.com
HOW IT WORKS https://www.youtube.com/watch?v=q_6o20gLBX4
The new version simplified the Trading rules of the original true breakout system. The system will alert if the signal is valid or not. No need to think which signal to pick. This will save you more time.
It will show if the setup is Ideal or Center Zone. It will also notify if there is upcoming news during the time of the signal.
An important feature added is the calculation of a second support / resistance zone that can give us more ideal setups if the condition is desirable.
Also it will alert you which pairs are currently available for trading.
HOW TO START Load the indicator in M5 chart with all the available pairs.
Available Pairs
FQ TOOLS http://fxquickroute.com/fqsystems/
4 Property Copyright of www.fxquickroute.com
ENTRY RULES 1. Enter if the signal is “VALID”. Take the signal immediately don’t wait for candle close. 2. The first valid signal for the day is the basis for Stop Loss and Take Profit levels
EXIT RULES Exit is very critical for the success of the system. We need to monitor our position and adapt if the market condition changes.
1. Fully Close position as price reaches TP1 to ensure an approx. 1:1 Risk Reward Ratio or
2. Partially Close Position when price is near the TP level. Then trail our remaining position to reach maximum target of 2 times our initial Take Profit.
3. Close trade if priced ranged on entry point. Only one pullback is allowed for a successful breakout. Meaning we can only allow price to go back at entry point once. Since this is a breakout system, we should not allow price to come back and forth in our entry point.
4. When price takes too long to hit TP/SL, we can close out the trade. Usually, targets should be hit in the same day.
PROTECTION Since successful breakouts only require one test / pullback. It’s advised to move Stop Loss to breakeven after the first pullback.
We can move stop to Breakeven at 15-30 pips of profit depending on pair’s volatility.
FQ TOOLS http://fxquickroute.com/fqsystems/
5 Property Copyright of www.fxquickroute.com
VALID SELL SIGNAL
FQ TOOLS http://fxquickroute.com/fqsystems/
6 Property Copyright of www.fxquickroute.com
WE ALWAYS USE FIRST VALID SIGNAL
FQ TOOLS http://fxquickroute.com/fqsystems/
7 Property Copyright of www.fxquickroute.com
VALID BUY SIGNAL
FQ TOOLS http://fxquickroute.com/fqsystems/
8 Property Copyright of www.fxquickroute.com
The first valid buy signal hits take profit, the 2nd valid buy signal won’t be used to re-enter trades since we only base our targets on the first valid signal for the day.
FQ TOOLS http://fxquickroute.com/fqsystems/
9 Property Copyright of www.fxquickroute.com
DON’T TRADE INVALID SIGNALS
Invalid Buy & Invalid Sell are signals that didn’t follow the rules of the system. These signals are colored Gray for easy reference. The reasons why these signals are shown:
1. Invalid signals give early warning of a possible Valid Signal. So we need to watch our chart 2. To test that the indicator is working on our platform 3. To better understand how the system works and familiarize which price action works
FQ TOOLS http://fxquickroute.com/fqsystems/
10 Property Copyright of www.fxquickroute.com
CLOSE TRADE when price ranged. Don’t wait for it to hit the target Stop Loss or Take Profit
FQ TOOLS http://fxquickroute.com/fqsystems/
11 Property Copyright of www.fxquickroute.com
CLOSE TRADE when price makes more than 1 pullback. Only 1 pullback is needed for a successful breakout
FQ TOOLS http://fxquickroute.com/fqsystems/
12 Property Copyright of www.fxquickroute.com
CLOSE TRADE if it’s too long to hit targets. This means the breakout turned to be weak. Successful breakouts often hit TakeProfit in the span of 4 Hours.
FQ TOOLS http://fxquickroute.com/fqsystems/
13 Property Copyright of www.fxquickroute.com
BREAKOUTS with one pullback, the most common scenario for a successful breakout
The price retraced once then decided to continue the breakout.
FQ TOOLS http://fxquickroute.com/fqsystems/
14 Property Copyright of www.fxquickroute.com
STRONG BREAKOUTS does not have pullbacks and targets are instantly hit. This is the best scenario.
The price went straight to TakeProfit after the signal
FQ TOOLS http://fxquickroute.com/fqsystems/
15 Property Copyright of www.fxquickroute.com
SETTINGS
Default settings are recommended and don’t need to be changed. ScalperMode
Activate scalper mode if True. This mode changes the calculation of zones and signals to give more trades. This setting will give more VALID setups but also more loosing trades if not filtered properly. Only for advanced users who can read markets better
ShowInvalidSignals
If set to False, Invalid signals are not shown
Use_TimeFilter
If set to False; time won’t be used to filter trades. The system works best on London Session so time filter is recommended.
Use_NewsFilter
If set to False; news won’t be used to report if the signal is Invalid. Filtering High impact news 30mins before and after is recommended to avoid whipsaws that hit Stop Loss easily.
FQ TOOLS http://fxquickroute.com/fqsystems/
16 Property Copyright of www.fxquickroute.com
NOTES 1. Load the indicator on all available pairs. The indicator will alert if a pair is added, changed. 2. Valid setups don’t occur often. The average number of valid setups on all pairs per week
ranges from 4 to 8, but success rate is very high if all the rules followed. Around 80-90% 3. This is NOT a “set and forgets system”. Trades need to be monitored
To know how the original system operates, check the manual here.
http://www.fxquickroute.com/downloads/truebreakoutelitemanual.pdf
FQ TOOLS http://fxquickroute.com/fqsystems/
17 Property Copyright of www.fxquickroute.com
How to Install Manually Placing Files 1. CLOSE ALL MT4 terminals
2. Navigate the Data Folder of your platform.
If you don’t know how to locate the directory, please refer to the guide “How to navigate data folder” found on the succeeding pages.
3. Open “MQL4” folder 4. Place “FQ - True Breakout - 4B6.ex4” and “FQ – FFCal – B6.ex4” on MQL4\Indicators folder 5. Place “FQ_True_Breakout_4B6.dll” , “FFCal_B6.dll” and “pccode.dll” on MQL4\Libraries folder 6. Place “Get_PC_Code.ex4” on MQL4\Scripts folder.
7. RUN MT4 Terminal
8. Go to Options or hit “Ctrl + O” 9. Click “Expert Advisor” tab
Check “Allow DLL imports” Uncheck “Confirm DLL function calls” Check “Allow external experts imports”
This step is important to be able to load the indicators and get the PC Code.
FQ TOOLS http://fxquickroute.com/fqsystems/
18 Property Copyright of www.fxquickroute.com
10. Go to “Scripts” and double click “Get_PC_Code”
After you double click this, a window will pop up indicating your PC code. Copy this code.
11. Send this code to: [email protected] Please indicate on the Subject Line of your email: “FQ - True Breakout License”
12. After we received, we will send your log-in details within 24 hours.
Loading the indicators 1. Go to “Indicators” and insert “FQ - True Breakout – B6” to your chart 2. On “Common” tab, check “Allow DLL imports” and “Allow external experts imports” 3. Enter the email & password that we have provided and click OK.
Enter the Email and Password that we gave to activate your license
FQ TOOLS http://fxquickroute.com/fqsystems/
19 Property Copyright of www.fxquickroute.com
How to Navigate Data Folder Watch Video Reference Here:
https://www.youtube.com/watch?v=y8wgCEJME1E&feature=youtu.be
1. Open Mt4 terminal 2. Click “File” 3. Click “Open Data Folder”
4. A window will pop out. This is the Data Folder directory of the platform. 5. Double Click “MQL4” folder 6. Inside this folder is where to place Experts, Indicator, Libraries and Scripts. 7. Restart platform