61 lines
1.6 KiB
Markdown
61 lines
1.6 KiB
Markdown
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# Range Breakout Strategy (with SmartMA MT5)
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**Concept:**
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Trade only when price breaks out of a well-defined range—and confirm the move with a real volatility signal from SmartMA MT5.
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---
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## Setup
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- **Timeframe:** 15 min or 1 hour (M15/H1)
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- **Asset:** Any (FX, indices, gold)
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- **Indicator:** SmartMA MT5 (default or adaptive settings)
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---
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## Entry Rules
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1. **Identify a Range:**
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- Mark previous support and resistance levels (typically last 10–20 bars)
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- Price must be moving sideways (SmartMA regime = “Range” or “Neutral”)
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2. **Breakout Detection:**
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- Wait for a clear close above resistance (long) or below support (short)
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- SmartMA regime switches to “Trend” and risk band widens (ATR increases)
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3. **News Filter:**
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- Do not trade breakouts on or just before major news (SmartMA “frozen”)
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---
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## Stop Loss & Take Profit
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- **Stop Loss:**
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Just outside the opposite side of the broken range, or
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1.2 x SmartATR from entry
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- **Take Profit:**
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At least 2x stop distance, or trail using SmartMA risk band
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---
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## Example Pseudocode
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If (SmartMA.regime == "Range" OR "Neutral") AND (price is within range):
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Wait for breakout bar
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If (SmartMA.regime == "Trend") AND (ATR widens) AND (no news):
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Enter trade in breakout direction
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SL = just outside range or 1.2 * SmartATR
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TP = 2x stop distance or trailing
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---
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## Why This Works
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- Filters out “fake” breakouts in low-volatility phases
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- Only acts when price and volatility confirm the move together
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- News filter keeps you safe from whipsaws
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---
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*SmartMA MT5 – No more chasing false breakouts. Trade contextually!*
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