Strategy for binary options, Forex and CFD - True Breakout System Basic
Strategy for binary options, Forex and CFD - True Breakout System Basic
Strategy for binary options, Forex and CFD - True Breakout System Basic - a strategy based on breaking through support and resistance levels, allowing you to determine the best entry points into a transaction.
Contents
- Minimum Time Frame and expiration time
- Recommended Time Frame and Expiration Time
- Indicators of the True Breakout System Basic strategy
- Risk management
- True Breakout System Basic strategy: signal to increase
- True Breakout System Basic strategy: downside signal
- Download True Breakout System Basic strategy
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Minimum Time Frame and expiration time
- Time Frame: M15
- Expiration time: 45 minutes (3 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M15
- Expiration time: 75 minutes (5 candles)
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Indicators of the True Breakout System Basic strategy
- True Breakout Basic
- True Breakout Levels
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.
True Breakout System Basic strategy: signal to increase
- The price has broken through the green band from bottom to top
True Breakout System Basic strategy: downside signal
- The price has broken through the red band from top to bottom
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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 the True Breakout System Basic strategy
Download True Breakout System Basic strategy......
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