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