Forex Breakout Volatility Trading Strategy
Forex Breakout Volatility Trading Strategy;
Time Frame: 15 or higher.
ATR(30) (Average True Range) whit EMA 5
ATR(14) (Average True Range) with Ema 4
30 SMA High;
30 SMA Low.
When the price close out above upper band and ATR (Average True Range)(30)>EMA (5).
When the price close out below lower band and ATR(30)>EMA (5).
Stop loss is placed on the lower band if position (Buy), on the upper band if position (Sell).
ATR (14)<Ema4 (To see example)
Exit position also with aggressiveTarget Profit is recommended. (to see example)
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Breakout Volatility Trading Strategy?
- Download Forex Breakout Volatility Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Breakout Volatility Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.