TYPE : Volatility BreakOut
Maximun risk : -2,50%
Time frame signal : Daily
Bolinger bands narrowing at a minimum and the price break the upper band. Meantime the weekly chart presents upward vias on Momentum and DM indicators and ADX started to climb 2 weeks ago so the long term trend is up. I never trade against main trend.
Initially stop loss is always set at a maximum loss of 2,50% of balance account. Then, day after day, the trailing stop will be rising to minimize possible losses.
Maximun risk : -2,50%
Time frame signal : Daily
Bolinger bands narrowing at a minimum and the price break the upper band. Meantime the weekly chart presents upward vias on Momentum and DM indicators and ADX started to climb 2 weeks ago so the long term trend is up. I never trade against main trend.
Initially stop loss is always set at a maximum loss of 2,50% of balance account. Then, day after day, the trailing stop will be rising to minimize possible losses.