1h Breakout TradingStrategy | NoCoding |with AlgoBuilderX

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1h Breakout TradingStrategy

This strategy combines the effectiveness of the breakout on 1H timeframe with the aggressiveness of the Martingale. 
We use indicators such as Super Trend, ATR and ADX to identify high probability trading opportunities. We implement the Martingale strategy that multiplies the lot with each loss, offering a dynamic approach to risk management. Also built into the strategy is a Time Filter function that allows trading only within a specified hourly range, thus optimizing trades based on market conditions. 
The strategy involves the identification of bullish or bearish candlestick patterns: when there are two consecutive bullish candles, a line is created at the candlestick high; for buy entries, the price must exceed the Super Trend level and the ATR must exceed a defined threshold, while the ADX must be above a certain value. 
Conversely, when there are two consecutive bearish candles, a line is drawn at the candle low; for sell entries, price must be below the Super Trend level, ATR must exceed a predefined threshold, and ADX must be above a certain value. When price breaks the candlestick high on the upside (for buy positions) or the candlestick low on the downside (for sell positions), the corresponding position is opened.

If you want to buy the .algo and .abx of this cBot CLICK HERE
If you would like to try AlgoBuilderX: CLICK HERE

To create the cBot I invite you to watch this video I made on youtube: 

Please note that this is only an example and the cBot has not been optimised, I recommend you test it first in Demo