Strategy for binary options, Forex and CFD - Joker Breakout

Strategy for binary options, Forex and CFD - Joker Breakout - a strategy based on the intersection of the trend lines of the box, allows you to determine the best entry points into a bullish and bearish trade.

Minimum Time Frame and expiration time

• Time Frame: M15
• Expiration time: 30 minutes (2 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M15
• Expiration time: 30 minutes (2 candles)

Joker Breakout strategy indicators

• ant-GUBreakout_V.0.4.1
• free forex
• Joker
• TF PSAR Bar4

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.

Joker Breakout strategy: signal to increase

• The price has broken through the upper gray line
• The dot and squares of the lower indicators are blue

Joker Breakout strategy: down signal

• The price has broken through the lower gray line
• The dot and squares of the lower indicators are red

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