Strategy for binary options, Forex and CFD - Morning Flat
Strategy for binary options, Forex and CFD - Morning Flat
Strategy for binary options, Forex and CFD - Morning Flat - a strategy based on the breakout of the high and low, used to find entry points on the 15-minute chart.
Contents
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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)
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Morning Flat Strategy Indicators
- Ganns Signal StopLoss_V4
- MorningFlat_V3
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.
Morning Flat strategy: signal to increase
- The price has broken through the blue horizontal line from bottom to top
- During a breakout, the Gann bar should be green
Morning Flat strategy: downside signal
- The price has broken through the red horizontal line from top to bottom
- During a breakout, the Gann bar should be 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 the Morning Flat strategy
Download the Morning Flat strategy......
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