Hello, these are some of the common questions other buyers ask in relation to Outside The Box trading system- no particular order/importance has been followed. We list the questions as they come.
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OUTSIDE THE BOX (OTB)- Q/A
1. How should I use Re-entry boxes for buy and sell?
The best way to enter re-entry positions is if the re-entry box is close to the sell/buy breakout zone. You should avoid the re-entry when the price is trending further from the breakout zone. In fact, we recommend you only use the re-entry if it appears after a breakout.Also note that the sell re-entry should be below the sell breakout zone for better probability. Similarly, the buy re-entry box gives better signals when it is above the buy breakout zone.
Important: only open trades after a candle opens above the buy re-entry or below sell re-entry else you will be entering your trade prematurely before the signal is confirmed.
2. What do I do when the take profit zones/boxes appear?
This is an indication of price trending beyond the trading range. Therefore, you should either lock some profit or minimize the stop loss. Also, you can re-open a buy position after 2 candles above the buy take profit or open a sell position after 2 candles open below the sell take profit box. In this kind of re-entry, the SL should be below or above the respective take profit boxes.
When a White sell zone/rectangle displays, do nothing until a candle opens below the box to open a sell position. Similarly, if a YellowGreen buy zone forms open a buy only if a candle opens above the box.
At that point, it means the range is too small, wait for two candles to close above the take-profit before you make a buy entry. Alternatively, ignore that re-entry because the price may reverse any time. Same logic applies if the sell and buy re-entry boxes form close to each other OR when Sell re-entry and sell take profit overlaps.
5. Is the hot zones indicator the same thing as outside the box indicator?
6. Are there any indicators that can work together with Outside The Box indicator?
All our indicators work perfectly with Outside The Box, but please contact us so that we can help you select the right combination for your trading style. Here is the store https://www.mql5.com/en/users/pipmontra/seller
7. What do I get after I buy? like buy 2for1? 😊
We extend our gratitude by giving a bonus to our clients from time to time. Check the indicator's page for details ❤️. For the first 20 buyers, we are giving a free copy of Price Elevator> https://www.mql5.com/en/market/product/82760. The offer might stop after the period is over.
The boxes are the ones that hunt the price;these are, the take profit and re-entry boxes. These boxes can be filled to be solid rectangles. The buy take profit box is LightSalmon dashed and it keeps moving upwards to show areas where you should take or book some profit. On the other hand, the DarkKhaki dashed box that also keeps drawing on areas where you must take some profit. These boxes are purely for profit taking signals. However, if a candle opens above the buy take profit u could buy the trend. Same logic applies for sells.
The other boxes we have are Yellowgreen and white boxes. The former looks for areas where you can look for buys and the former waits for price to reverse before drawing a sell box.
See below:
![Outside The Box Outside The Box](https://c.mql5.com/6/908/GER40H31__1.png)
10. What are Micro Breakouts and how can I use them?
Micro Breakouts are the small boxes on the upper and lower edges of both Bulls / Bears Breakouts. You can buy when the Blue micro breakout forms or when the Green/YellowGreen Micro draws. Similarly, if a Violet or Brown Micro box form take a sell below.
Another Question, Can I use the Micro Boxes together with Moving Averages?
Yes, this is another use for Micro Boxes. Use a 21 EMA as your price monitor, then open buys if the Blue or YellowGreen/Green Boxes form followed by a candle opening above the Moving Average. Better and strong signals are ones where the Micro boxes draw when the price is below the Moving Average and then price breaks above the 21EMA OR the Micro boxes draw at the beginning of the trend and the candles are not oversized; place your SL below previous low. On the other hand, sell if the Violet or Brown Micro boxes form followed by a candle opening below the 21EMA. As previously stated, the better signals form when the micro boxes form above the Moving Average and then the price breaks below the 21 EMA. Place SL above previous high.
See the images below.
More Q/A will be included as more questions come up.
TIPS
Tip 1
![Outside The Box Outside The Box](https://c.mql5.com/6/908/UK100H1.png)