7# ATR Breakout Trading System
Submit by Janus Trader 17/02/2012
BB Tiger (2,10,5,14)
SETUP EUR/USD 30min
To take a trade when the market prepares to accelerate.
ATR will help us to anticipate and prepare for that exact moment where the market is about to accelerate, while we'll focus on preparing a breakout range to catch the move.
When ATR is >130 level and is >MA9 - the market is active - that's where we
want to be trading.
When ATR is <130 and is<MA9 no trade.
Use Fractals to set a breakout range.
Set a pending order above and below the range.
ATR>130 and >MA;
BB tiger cross up;
The price break up fractal.
BB tiger cross down;
The price break down fractal.
Stop Loss -the opposite side of the range.
Profit Target - Ratio Stop Loss 1:3. if stop is 30 pips PT is 40.
Close position when ATR goes below 14 EMA.
In the pictures belowATR Breakout Trading System in action.
BB Trigger Indicator
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