Strategy for binary options, Forex and CFD - Squeeze Breakout
Strategy for binary options, Forex and CFD - Squeeze Breakout
Strategy for binary options, Forex and CFD - Squeeze Breakout - a strategy based on the breakout of Bollinger Bands and Keltner Channel, helps to find signals to open a trade.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M30
- Expiration time: 60 minutes (2 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M30
- Expiration time: 60 minutes (2 candles)
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Squeeze Breakout strategy indicators
- Keltner Channels
- KeltnerChannel_v1
- Squeeze_Break
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.
Squeeze Breakout strategy: signal to increase
- A red Bollinger band compression is forming
- The top red stripe has crossed upward the top white stripe
- Wait for the candle to break through the upper red band
Squeeze Breakout strategy: downside signal
- A red Bollinger band compression is forming
- The lower red stripe has crossed down the lower white stripe
- Wait for the candle to break through the lower red band
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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 Squeeze Breakout strategy
Download Squeeze Breakout strategy......
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