Breakout strategy of minimum (maximum).

Most analysts believe that if the price breaks yesterday's high or low, it's highly likely that this movement will continue for some time.

The key is to create a proper trading system that guarantees profits, which isn't as difficult as it seems.

However, one drawback is the infrequent opening of trades, as breakouts don't happen every day, meaning the conditions for opening a trade may not arise.

Trading is conducted using pending orders, the principles of which are quite simple; the key is to set stops correctly.

1. Analyze yesterday's trading and determine the high and low prices for that time period.

2. Place a sell stop 10 pips beyond yesterday's low and a buy stop order 10 pips beyond yesterday's high.

3. Set a stop loss 15 pips before the order opening price, depending on the order type.

4. Set a take profit at 25 pips.

5. To reduce losing trades, it is also recommended to set a breakeven script ; it compensates for the consequences of false breakouts by moving the stop after the price reaches the level you specified.

Overall, the strategy is quite effective; its only drawbacks are the infrequent opening of trades and the occurrence of false breakouts. The latter is mitigated by the stop loss and take profit sizes and the script provided above.