SmartATR/STRATEGIES/EURUSD_Breakout.md

EURUSD Volatility Breakout Strategy (with SmartATR MT5)

Instrument: EURUSD
Timeframe: 15 min (works also on H1, H4)
Indicator: SmartATR MT5 (default settings)

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Strategy Description

This breakout strategy uses SmartATR MT5 to identify periods of high volatility and catch strong moves on EURUSD.

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Entry Rules

• Buy:
  Enter long when price breaks above the previous swing high and SmartATR exceeds 2x its rolling mean.
• Sell:
  Enter short when price breaks below the previous swing low and SmartATR exceeds 2x its rolling mean.
• Filter:
  Avoid new trades if the current bar is highlighted as a news event (orange/red in SmartATR).

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Stop Loss & Take Profit

• Stop Loss:
  Set SL at 1.5 x SmartATR below (long) or above (short) entry price.
• Take Profit:
  Set TP at 3 x SmartATR from entry, or use a trailing stop based on SmartATR.

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Example

If (SmartATR > 2 x rolling mean) AND (breakout of previous range) AND (no news event):

• Open trade in breakout direction.
• Set stop and take profit as described.

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Why SmartATR?

• Filters for genuine volatility – no more fake breakouts!
• Adaptive stops that fit the real market regime.
• News bar overlay keeps you out of dangerous events.

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Test and adapt to your risk and trading style.
SmartATR MT5 – smarter trading for every market condition!