HLB Breakout bar

HLB Line

Trade the breakout Prot taking guidline

Close position if new cloud forms

2nd Trade can be taken here

HLB Trading Rules

Horizon Line Bias Signal
Wait for the HLB to breakout of the cloud and re the audible and visual alert. Wait for the alert bar to complete (sometimes the alert res but then retreats back into the cloud). Upon completion of the alert bar draw a horizontal line at the high if the bar broke out of the cloud to the upside, or at the low if the bar broke out of the cloud to the downside. Trade the breakout of the high or low depending on which way the HLB broke out of the cloud. Set your initial stop at one tick above or below of the horizontal line depending on which way the HLB broke out of the cloud. Trail stops at your discretion, take prots at your discretion or if you reach the prot taking guideline. A second trade can be taken upon the breakout of a pullback depending on if the breakout is above or below the HLB line ( Longs above the line shorts below the line). If you get stopped out twice stop trading until the next HLB cloud breakout. Ignore any signals that re after 11am (CST) or during the Asian session. Close your position if a new cloud forms during your trade.
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