Strategy for binary options, Forex and CFD - SDX Breakout
Strategy for binary options, Forex and CFD - SDX Breakout
Strategy for binary options, Forex and CFD - SDX Breakout - a strategy used on a 15-minute timeframe to find the best entry points towards trend price movements.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M15
- Expiration time: 30 minutes (2 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M15
- Expiration time: 45 minutes (3 candles)
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SDX Breakout strategy indicators
- Entry
- FX5_Divergence_V2.1
- RSI HistoAlert v2
- SDX-8h
- SHI_Channel_MTF
- THV3 CandleClock
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.
SDX Breakout strategy: signal to increase
- In the first subwindow the column is colored blue
- In the second window the green histogram is above the zero level
- A blue up arrow appears (optional)
SDX Breakout strategy: downward signal
- In the first subwindow the column is colored red
- In the second window the red histogram is below the zero level
- A red down arrow appears (optional)
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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 SDX Breakout strategy
Download SDX Breakout strategy......
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