Strategy for binary options, Forex and CFD - SQ Dynamic Breakout box mq4

Strategy for binary options, Forex and CFD - SQ Dynamic Breakout box mq4 - a price breakout strategy that helps you find the best moment to open a bullish or bearish trade on a 1-hour chart.

Minimum Time Frame and expiration time

• Time Frame: H1
• Expiration time: 2 hours (2 candles)

Recommended Time Frame and Expiration Time

• Time Frame: H1
• Expiration time: 2 hours (2 candles)

Strategy indicators SQ Dynamic Breakout box mq4

• sqDynamicBreakoutBox_v1 600+

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.

SQ Dynamic Breakout box mq4 strategy: signal to increase

• The candle broke the purple line upward
• Enter when the next bullish candle opens above the purple line

SQ Dynamic Breakout box mq4 strategy: downside signal

• The candle broke down the purple line
• Enter when the next bearish candle opens below the purple line

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