Strategy for binary options, Forex and CFD - Channel Breakout ATR
Strategy for binary options, Forex and CFD - Channel Breakout ATR
Strategy for binary options, Forex and CFD - Channel Breakout ATR - a strategy based on trend breakout and volatility, helps to find the best entry points into up and down trades.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M15
- Expiration time: 60 minutes (4 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M15
- Expiration time: 60 minutes (4 candles)
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Channel Breakout ATR Strategy Indicators
- !!channel_breakout_atr
- 1_NEW ABHAFXS TIMING V2_5-1_modified_30_chart_window
- 1_NEW ABHAFXS TIMING V2_5-1_modified_chart_window_100
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.
Channel Breakout ATR strategy: signal to increase
- The price has broken through the channel of yellow lines from bottom to top
- In the lower indicator there is a blue line above the red line (optional)
- Green dot appears
- Enter when the next candle opens
Channel Breakout ATR strategy: downward signal
- The price has broken through the channel of yellow lines from top to bottom
- In the lower indicator there is a red line above the blue line (optional)
- Green dot appears
- Enter when the next candle opens
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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 Channel Breakout ATR strategy
Download Channel Breakout ATR strategy......
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