fq systems true breakout v4 breakout v4.5manual.pdf · trade the real breakouts with easy and...

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FQ SYSTEMS www.fxquickroute.com 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: [email protected] Reach us in Skype: Id: fxquickroute For other useful tools and trading systems, Visit our website www.fxquickroute.com

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Page 1: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

FQ SYSTEMS www.fxquickroute.com

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:

[email protected]

Reach us in Skype:

Id: fxquickroute

For other useful tools and trading systems, Visit our website

www.fxquickroute.com

Page 2: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

FQ SYSTEMS www.fxquickroute.com

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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/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

Page 3: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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

Page 4: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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.

Page 5: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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VALID SELL SIGNAL

Page 6: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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WE ALWAYS USE FIRST VALID SIGNAL

Page 7: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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VALID BUY SIGNAL

Page 8: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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.

Page 9: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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

Page 10: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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CLOSE TRADE when price ranged. Don’t

wait for it to hit the target Stop Loss or

Take Profit

Page 11: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

FQ SYSTEMS www.fxquickroute.com

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CLOSE TRADE when price makes more than

1 pullback. Only 1 pullback is needed for a

successful breakout

Page 12: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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.

Page 13: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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BREAKOUTS with one pullback, the most

common scenario for a successful breakout

The price retraced once then decided to

continue the breakout.

Page 14: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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

Page 15: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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.

Page 16: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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

Page 17: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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.

Page 18: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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

Page 19: FQ SYSTEMS True Breakout V4 Breakout V4.5Manual.pdf · Trade the real breakouts with easy and confidence ... When price takes too long to hit TP/SL, we can close out the trade. Usually,

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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