Strategy for binary options, Forex and CFD - SQ Dynamic Breakout box mq4
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.
Contents
- Minimum Time Frame and expiration time
- Recommended Time Frame and Expiration Time
- Strategy indicators SQ Dynamic Breakout box mq4
- Risk management
- SQ Dynamic Breakout box mq4 strategy: signal to increase
- SQ Dynamic Breakout box mq4 strategy: downside signal
- Download strategy SQ Dynamic Breakout box mq4
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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)
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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
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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 strategy SQ Dynamic Breakout box mq4
Download strategy SQ Dynamic Breakout box mq4......
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