Advanced system#16(30min atr breakout)

Customer reviews
I think you're wrong. I can prove it.
If porno films are not fun but only sad memories you should try the drug!
For many men of your age it is impossible to maintain erection sufficient for having normal sex.
Bravo, your idea is useful
and you do not want this one
Looked in bad quality, it is necessary to look in the normal state.

Advanced system#16(30min atr breakout)Advanced system #16 (30 min ATR breakout)

Time frame: 30 min

Currency pair: any.


EMA 14 set on ATR 14.

i-FractalsEx: period 3, max bars (500 or any other number - it doesn't matter here).

Steps to set EMA14 over ATR 14 properly:

a. put ATR on the charts as usual.

b. from the Navigator window (on your left) drag Moving Average on ATR and in the settings make sure to put:

To take a trade when the market prepares to accelerate.

This happens in a distinctive cycle where slow conditions by the end of the day (end of the New York session, through the Asian session) are changed by a fresh morning session (right after 00:00 EST).

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.

The rules:

When ATR is reading above 14 EMA - the market is active - that's where we want to be trading.

When ATR is resting below 14 EMA - there isn't much activity going on - that's where we don't need trade.

Use Fractals to set a breakout range.

Set a pending order above and below the range when ATR approached the 14 EMA from below and is about to cross (approximate timing here).

Preparing for the first trade:

- Find the last occurrence where ATR went below 14 EMA.

- use colored fractals from iForexEx indicator to create a breakout range. Use only those colored fractals that fall withing the period where ATR is below 14 EMA.

- if there are several same color fractals found, use the most distant ones - those that will create a wider range.

- when ATR approaches the 14 EMA from below and is about to cross (it's always an approximate timing, rather an anticipation, but you'll learn to identify it quickly after a few days), set pending orders above and below the range. One of them will be triggered on the breakout.

- SL - the opposite side of the range.

- min TP target = the width of the range, after that you can:

a. keep a position as long as ATR is rising and its above 14 EMA.

b. close when ATR goes below 14 EMA.

c. if you took partial TP or have a second order in place, you can keep them running for the rest of the day, even when ATR goes below 14 EMA until ATR falls to 0.0014, after that initiate a trailing stop and let it close with a stop.

That's the strategy. Hope you like it.