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In this strategy, a spike as a bar that is higher than previous Bars Number bars, higher than previous bar by Percentage Difference and that closed in the lower Third or Half part of its length. For bullish signal, everything is inverted. The position is kept open until Hold bars pass or an opposite signal is received. If a new signal in the same direction is received, the position's timer is reset and no new position is opened. The strategy can be used in any currency pairs. Optimized results f
Simple ATR breakout is a product that capitalizes on ATR (Average True Range) breakout points as entry points in the market. The product can be utilized in most diverse currency pairs but the most recommended is CADCHF. This adviser is designed to capitalize on morning breakouts as entry points and trade their consequent trends. You can still trade on other breakouts during the day. For live trading you can use a lot size of 0.02 but this can be increased.