Strategy for binary options, Forex and CFD - ATR Breakout
Strategy for binary options, Forex and CFD - ATR Breakout
Strategy for binary options, Forex and CFD - ATR Breakout - a strategy for trading on a 30-minute timeframe, used to find the best entry points into a bullish and bearish trade.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M30
- Expiration time: 90 minutes (3 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M30
- Expiration time: 90 minutes (3 candles)
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ATR Breakout strategy indicators
- BB_Trigger
- Fractals
Risk management
Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.
ATR Breakout strategy: signal to increase
- In the first subwindow the lines are directed upward
- On the ATR indicator the blue line is above the gray line
- The appearance of a fractal under the candle
ATR Breakout strategy: downside signal
- In the first subwindow the lines are directed downward
- On the ATR indicator the blue line is above the gray line
- The appearance of a fractal above the candle
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Trading on Forex and CFD
- Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
- The trade is opened after receiving a signal from the trading strategy
- The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
- The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
- Take Profit to Stop Loss levels are set depending on the selected time frame
- The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading
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Download ATR Breakout strategy
Download ATR Breakout strategy......
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