Strategy for binary options, Forex and CFD - Money Makers Pro

Strategy for binary options, Forex and CFD - Money Makers Pro - a breakout strategy used on a 15-minute chart to filter signals for opening a trade up or down.

Minimum Time Frame and expiration time

• Time Frame: M15
• Expiration time: 45 minutes (3 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M15
• Expiration time: 60 minutes (4 candles)

Money Makers Pro strategy indicators

• 123PatternsV6
• mm1
• mm2
• mm3
• mm4
• mm5
• Symbol changer profit display

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.

Money Makers Pro strategy: signal to increase

• A white up arrow appears

Money Makers Pro strategy: down signal

• A white down arrow appears

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