Strategy for binary options, Forex and CFD - Trend Plus Breakout
Strategy for binary options, Forex and CFD - Trend Plus Breakout
Strategy for binary options, Forex and CFD - Trend Plus Breakout - a trend line breakout strategy that helps you find the best entry points for a long and short position.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M15
- Expiration time: 60 minutes (4 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M15
- Expiration time: 60 minutes (4 candles)
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Indicators of the Trend Plus Breakout strategy
- TPN
- Trend High 01
- Trend Low 03
- Trend Medium 02
- TrendPlus
- TrendPlus_Fibo
- TrendPlus_NR
- TrendPlus_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.
Trend Plus Breakout strategy: signal to increase
- The price has broken through the yellow Look For a Buy line
- The price is above the channel of green, yellow dotted and red lines
- Basement indicator bars are colored green
Trend Plus Breakout strategy: downside signal
- The price has broken down the yellow line Look For a ¬Sell
- The price is below the channel of green, yellow dotted and red lines
- Basement indicator bars are colored 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 Trend Plus Breakout strategy
Download Trend Plus Breakout strategy......
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