Dynamic SR lines breakout system.

 Dynamic SR lines breakout system. As the name suggests the basis for this system is dynamic support\resistance level which price has struggle to break.
Time Frame 15 min or higher.
Currency pairs: any.
 When price touches this level we will wait for signs that price is reversing- and will enter the trade.
The dynamic SR level will be the Moving Average level. Preferably the 20- period Moving Average, though you can use any other period.
Step 1: Waiting for the MA to become sloped We wait for the MA to become sloped. This is a sign that the trend is strong.A sloped moving average means that the trend is strong and therefore any
retracement to the MA will probably lead to a continuation in price, and a good trading signal for us to trade.
Step 2: Wait for price to touch MA Wait for price to touch the MA, and reverse. Reversal is confirmed when price goes above the high of the previous candle (for long trades) or below the low of the previous candle (for short trades).
Dynamic SR lines breakout system.

Dynamic SR lines breakout system.

Dynamic SR lines breakout system.
Step 3: Placing Stop Loss
Stop Loss is placed:
• 5 pips below the lowest low of last 4 candles (for long trades)
• 5 pips above the highest high of last 4 candles (for short trades)
Exiting the Trade
Trade is closed when the moving average is no longer sloped = is flat.
Examples for trades
Dynamic SR lines breakout system.

Dynamic SR lines breakout system.

Dynamic SR lines breakout system.

Dynamic SR lines breakout system.

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