The moving average pivot point breakout system takes the very common pivot point approach and gives it a twist.

We took the pivot point and averaged it over three bars to get the direction of the market.

Simple Manual Trading System Part 1 - Moving Average and Pivots

If it was flat then we did not enter any trades. A long entry occurred if the mid-point between the pivot point and R1 was broken.

The stop loss was placed at the pivot point and a take profit was placed at R1. For a short entry, the mid-point between the pivot point and S1 had to be broken.

A stop loss was placed at the pivot point and a take profit was set at S1.

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