Strategy for binary options, Forex and CFD - FX Reversal Breakout MTF
Strategy for binary options, Forex and CFD - FX Reversal Breakout MTF
Strategy for binary options, Forex and CFD - FX Reversal Breakout MTF - a trend reversal strategy based on extremes, helps to find the optimal moment to open a transaction.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M30
- Expiration time: 120 minutes (4 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M30
- Expiration time: 150 minutes (5 candles)
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Indicators of the FX Reversal Breakout MTF strategy
- Extreme RSI
- Forex Darvas Pointer
- HalfTrend 2
- Pivots_Weekly
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.
FX Reversal Breakout MTF strategy: signal to increase
- A blue up arrow appears
- The lower indicator column is green
FX Reversal Breakout MTF Strategy: downside signal
- A red down arrow appears
- The lower indicator column is colored red
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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 FX Reversal Breakout MTF strategy
Download FX Reversal Breakout MTF strategy......
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