This is a very simple system and it's based on a breakout strategy. First of all download and install the Metatrader4 indicators you will find for download at the bottom of this page. I've included a template to make the setup of the system on your MT4 platform easier. After installation you will see your charts like the image.

At the left (red circle) you will find 4 different orders. Two "buy stop" orders and two "sell stop" orders. If the market allows you to enter an order you only have to do that. See carefully the orders at the left side of the screen, enter it and wait. And don't forget to include "take profit" and "stop loss".

The image below shows how to enter the order marked with a red rectangle.

MT4 Indicator. Breakout Strategy Indicator

MT4 Template: Breakout Strategy Template

1. Find your Metatrader4 installation folder.
2. Copy all indicators files into "your MT4 folder"\experts\indicators\
3. Copy the template file into "your MT4 folder"\templates\
4. Run your MT4 platform
5. Load a currency pair chart
6. Right click on the chart >>> template >>> choose the template.