Strategy for binary options, Forex and CFD - London Open Box Breakout 4
Strategy for binary options, Forex and CFD - London Open Box Breakout 4
Strategy for binary options, Forex and CFD - London Open Box Breakout 4 - a strategy based on two indicators that helps you find the best moment to open a bullish or bearish trade.
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: 75 minutes (5 candles)
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London Open Box Breakout 4 strategy indicators
- BreakOut_BOX_4_LONDON_OpeningRange_indicator
- buy zone fibs
- FX_FISH-mod
- sell zone fibs
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.
London Open Box Breakout 4 strategy: signal to increase
- The price is above the blue line
- Basement indicator bars are green
London Open Box Breakout 4 strategy: downside signal
- The price is above the blue line
- Basement indicator bars are green
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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 London Open Box Breakout 4 strategy
Download London Open Box Breakout 4 strategy......
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