8H IB 突破 (8H IB Breakout)

Hello everybody,

My strategy is very simple. It's an breakout intraday strategy

What do you need ?:
30 min chart
Custumcandleweek indicator with 480 min timeframe.
An inside bar.
entry rules:
On a 8h inside bar sell on low breakout and buy on high breakout.
Stop loss:
8h inside bar high for sell
8h inside bar low for buy
Target:
Target=Stop loss-Entry R:R=1:1
If inside bar is not breaken in 8h look for an other inside bar
Best time is GMT+2 because we have 3 sessions (00:00-8.00am asia), (8:00-16:00europe) and (16:00-24:00 USA).
It works well on EurGbp.

Trading Results:
2009
Jan: 12 win 7 loss
Feb:13w 8 l
March: 9w 5 l
April: 7w 7l
May: 12 w 6l
June: 10w 2l
July: 11 w 2l
August 16 w 2l
Sep 8 w 2 l
for 2009 70% success rate for 1:1 trade ratio with 2%risk/trade +102% in 7 months or 14%/month
2008
Jan: 8w 3 l
Feb:10w 8 l
March:5 w 4 l
April: 5w 5 l
May 8 w 3 l
June: 7 w 9 l
July: 12 w 7 l
Aug: 7w 1 l
Sep: 5 w 9 l
Oct: 8 w 9 l
Nov: 6w 8 l
Dec: 16 w 6 l
For 2008 58% success rate for 1:1 trade ratio with 2%risk/trade +55% in 12 months or 4.5%/month

Happy trade.