Strategy for binary options, Forex and CFD - Levels Breakout
Strategy for binary options, Forex and CFD - Levels Breakout
Strategy for Binary Options, Forex and CFD - Levels Breakout - a cloud-based trend following strategy that allows you to find accurate trading signals to enter upside and downside trades.
Contents
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Minimum Time Frame and expiration time
- Time Frame: H1
- Expiration time: 3 hours (3 candles)
Recommended Time Frame and Expiration Time
- Time Frame: H1
- Expiration time: 3 hours (3 candles)
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Levels Breakout strategy indicators
- LevelSC_8
- LevelSC_12
- Moving Averages
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.
Levels Breakout strategy: signal to increase
- A yellow or white up arrow appears
- Enter a trade when a red crosshair that looks like a star appears
Levels Breakout strategy: downside signal
- A yellow or white down arrow appears
- Enter a trade when a red crosshair that looks like a star appears
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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 Levels Breakout strategy
Download Levels Breakout strategy......
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