Forex Volatility Breakout Channel Strategy
This system is applicable to all pair and uses 15 minute or higher timeframe.
Forex Indicators :
- ATR(30) (Average True Range) whit EMA 5
- ATR(14) (Average True Range) with Ema 4
- 30 SMA High;
- 30 SMA Low.
Long Entry:
- When the price close out above upper band.
- ATR (Average True Range)30 is greater than EMA 5.
Short Entry:
- When the price close out below lower band.
- ATR 30 is less than EMA 5.
Exit Position:
- Place stop loss at the lower band if position is buy. Put it on the upper band if position sell.
- Exit position also with aggressive Target Profit is recommended.
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