27# SR Breakout Arrow with ATR Stop filter Strategy MT5
Trend Breakout
ATR as Filter
Submit by Dimitri
SR Breakout Arrow with ATR Stop filter Strategy MT5 is a trend breakout trading system based on two indicators Breakout arrow filtered by the Atr stop. The strategy is very simple and clear to manage. This strategy can be used for both day trading and swing trading.
Strategy setup
Time frame 1 minute or more.
Currency pairs: any.
Metatrader 5 indicators
SR Breakout arrow default setting.
Mod ATR Stop default setting.
Trading Rules
Trade only in the direction of the trend defined by the ATR Stop.
Buy
ATR Stop green line under the bars.
SR Breakout buy green arrow.
Sell
ATR Stop red line above the bars.
SR Breakout arrow sell red arrow.
Exit position
Stop loss below the ATR line.
Profit Target minimum ratio stop loss 1:1.