Strategy for binary options, Forex and CFD - TMA 1 min Breakout
Strategy for binary options, Forex and CFD - TMA 1 min Breakout
Strategy for binary options, Forex and CFD - TMA 1 min Breakout - a breakout strategy for trading on a 1-minute timeframe, designed to find the best entry points when a trend breaks out.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M1
- Expiration time: 4 minutes (4 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M1
- Expiration time: 5 minutes (5 candles)
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TMA 1 min Breakout strategy indicators
- ! mth_FastTMALine
- BullsEye Forecaster v1 Alert MTF TT
- TMA_Centered_H1_V2_VS
- Zone
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.
TMA 1 min Breakout strategy: signal to increase
- Under the price there is a cloud of blue stripes
- The price broke and closed above the jagged line (white-red-green)
- Enter when the next candle opens
TMA 1 min Breakout strategy: downside signal
- There is a cloud of orange stripes above the price
- The price broke and closed below the jagged line (white-red-green)
- Enter when the next candle opens
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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 TMA 1 min Breakout strategy
Download TMA strategy 1 min Breakout......
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