27# SR Breakout Arrow with ATR Stop filter Strategy MT5

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.