Congestion Breakout Trading System / Strategy.
Time Frame : 15 minutes and above.
Indicators used in Congestion Breakout Trading System.
- CongestionBreakOutV2
- CCI
- ADX (Average Directional Movement Index)
Buy (Long) Entry: When Price close above the upper band, CCI > 125 and ADX > 25.
Stop Loss : Opposite Band.
Take Profit : Open.
Sell (Short) Entry: When Price close below the Lower band, CCI < 125 and ADX > 25.
Stop loss : Opposite Band.
Take profit : Open.
(downloadable file Congestion Breakout Trading System.rar contains CCI.ex4, CCI.mq4, CongestionBreakOutV2.ex4, CongestionBreakOutV2.ex4 and Congestion Breakout.tpl)
Free Download Congestion Breakout Trading System ![](https://i2.wp.com/4xone.com/wp-content/uploads/2019/01/Download.png?resize=223%2C65&ssl=1)
How to install Congestion Breakout Trading System in forex trading platform metatrader 4 (Mt4)?
- Extract the downloaded Congestion Breakout Trading System.rar.
- Go to “File menu” in Mt4 trading platform and click “open data folder”.
- Open templates folder and paste the Congestion Breakout.tpl file.
- Open Mql4 folder and open the indicators folder. Now paste the CCI.ex4, CCI.mq4, CongestionBreakOutV2.ex4, CongestionBreakOutV2.ex4 files into indicators folder and restart the MetaTrader 4.