High-Low Yesterday Trading System and Strategy – This technique can be used for any market that has a decent daily range. The “HI-Low Breakout” approach is designed to find entries with the trend when price breaks from a key point of support or resistance.
- Time Frame: M15, M30, H1, and H4
- Currency Pairs: Any
MetaTrader Trading Indicator
- HL (high Low) Yesterday
- X2 Price Signal
- X2 ARRZZ
- Signal Trend
- 4 Level ZZ Semafor
- X2 ADX Histo
- X2 MACD X
BUY Rules
- Price breakout above yesterday high
- ADX Histogram blue color bars
- MACD X upward above 0 level
- CCI line upward and above level 50
SELL Rules
- Price breakout below yesterday low
- ADX Histogram magenta color bars
- MACD X upward below 0 level
- CCI line downward and below level -50
Trading NOTE
A stop-loss order is recommended of course and in the case of long trades, we should usually set it below the most recent low. Respectively, the stop loss order for short trades should be set above the most recent high.
Best Risk reward Ratio 1:2 or 1:3