Breakout the Phase Zone |
Breakout the Phase Zone trading system is a forex strategy which work based on levels which are considered important. Breakout the Phase Zone is one of trusted and very popular forex trading system. Many traders love this forex trading system because of its reliability and performance. To use this system is recommended to not trade against the trend because the Breakout the Phase Zone is a trend following system where it will produces the signals depend on trend strenght. By taking trades order only in the same direction as the trend, you will have higher chances of winning. Trading against the trend is not recommended especially for new trader because it always considered not a good idea.
The combination of several technical indicators that are used in this system makes it too easy to find the trading opportunities in the market. Even the new trader can benefits this forex trading system to gain profit substantially. The Breakout the Phase Zone consist of three technical indicators. Two of the indicators are located in the main chart window while other one is located at the indicator separated window.
Mt4 Indicators:
Happs Main is a custom technical indicator. It is one of the main signal generator indicators of this system. Consist of the green and red horizontal region that shown on the main chart. When the market price bar crosses above the green horizontal region, means it’s a buy signal and while the market price bar crosses below the red horizontal region, means it’s a sell signal.
MA Shade is a technical indicator which consist of blue and green shades which are derived from the moving averages indicator that moves following the market price. These shades assist user to define the trend direction. When these shades are green means it’s a buy signal while the blue means it’s a sell signal.
Damiani is also a custom technical indicator which is an oscillator indicator. Consists of two oscillators green and grey lines. The crossovers between of these two oscillators confirm the main signals that generated by the indicators in the main chart window.
Buy entry:
Breakout the Phase Zone buy condition |
- The MA Shade indicator must be green.
- Market level must cross above Happs Main
- The Damiani indicator must be a higher trend.
- Place your buy position as soon as the conditions above are met.
Breakout the Phase Zone Sell condition |
- The MA Shade indicator must be blue.
- Market level must pass under Happs Main
- The Damiani indicator must be of lower direction.
- Place your short position as soon as the above conditions are me
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