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.

SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5

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.

SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5

Sell

ATR Stop red line above the bars.

 

SR Breakout arrow sell red arrow.

SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5

Exit position

Stop loss below the ATR line.

 

Profit Target minimum ratio stop loss 1:1.

SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow with ATR Stop filter Strategy MT5
SR Breakout Arrow MT5.rar
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