The Square the Range system exploits the statistical fact that false breakouts (failed breakouts) occur 3x more often than true breakouts.
Here are some common questions about the Square the Range Trading System: square the range trading system pdf
While I don’t have access to a specific PDF by that exact title (unless you upload it), I can tell you what this system is widely understood to be in technical analysis and trading communities. This might help you evaluate the write-up you found. The Square the Range system exploits the statistical
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| | Rule | | :--- | :--- | | Assets | EUR/USD, GBP/USD, Gold, S&P 500 (only during low volatility) | | Timeframe | 1H or 4H | | Range Minimum | 20 pips (Forex) or $5 (Gold) | | Entry Signal | Candle closes back inside range after a wick beyond boundary | | Stop Loss | 5 pips beyond the fakeout wick | | Take Profit | Opposite side of the range | | Max Daily Trades | 3 | | Session | London open or NY open. Avoid Asian session (too many fakeouts). |
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