2# Volatility Breakout Channel Trading System
Submit by Forexstrategiesresources
Pairs: all.
Time Frame: 15 or higher.
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 and ATR (Average True Range)(30)>EMA (5).
Short Entry:
When the price close out below lower band and ATR(30)>EMA (5).
Exit Position
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)
Share your opinion, can help everyone to understand the forex strategy.
Volatility Breakout
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