Strategy for binary options, Forex and CFD - B.O.S.S. Breakout

Strategy for binary options, Forex and CFD - B.O.S.S. Breakoutis a strategy for finding trend reversal points, allowing you to determine the best moment to open a trade.

Minimum Time Frame and expiration time

• Time Frame: M5
• Expiration time: 20 minutes (4 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M5
• Expiration time: 30 minutes (6 candles)

Indicators of the B.O.S.S. strategy Breakout

• ant-GUBreakout_V.0.4.1
• Color_ma_BDv09_02_20
• Parabolic3par

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.

B.O.S.S. strategy Breakout: signal to increase

• The price has crossed both moving average lines from bottom to top
• Parabolic points are below the price

B.O.S.S. strategy Breakout: downside signal

• The price has crossed both moving average lines from top to bottom
• Parabolic points are below the price

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