Breakout the Phase Zone is a forex trading system. Breakout the Phase Zone is a highly trusted and very popular forex trading system. Because of its reliability and performance traders love this forex trading system. The Breakout the Phase Zone is a trend following system. It is highly recommended to not trade against the trend. By taking trades only in the direction of the trend, you will have higher chances of winning. Trading against the trend is always considered not a good idea by the traders.
The salient feature of this forex trading system is its visual presentation. The various technical indicators used in Breakout the Phase Zone system makes it too easy to spot the trading opportunities in the market. Even the layman can use this forex trading system to profit substantially. The Breakout the Phase Zone forex trading system uses only three technical indicators. Two of the indicators are in the main chart window while an indicator is located at the indicator window.
When the Breakout the Phase Zone forex trading system is correctly installed on your trading platform, your chart should look like this:
- Happs Main
Happs Main is a custom made technical indicator. It is one of the main signal generator indicators of this forex trading system. Happs Main is the green and red horizontal region that you can see on the main chart. When the market crosses above the green horizontal region, it’s a buy signal and versa.
- MA Shade
MA Shade is a technical indicator which consists of shades which are derived from the moving averages. These shades help you define the direction of the trend. When these shades are green, it’s a buy signal and when these shades are blue, it’s a sell signal.
Damianiis a custom made technical indicator. It consists of two oscillators; green and grey. The crossovers of these two oscillators confirm the trading signals generated by the indicators in the main chart window.
Buying Conditions Using Breakout the Phase Zone System.
- The MA Shade indicator should be green.
- The market level should cross above the Happs Main
- The Damianiindicator should be trending higher.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the Happs Main (red horizontal region) appears on the main chart.
Selling Conditions Using Breakout the Phase Zone System.
- The MA Shade indicator should be blue.
- The market level should cross below the Happs Main
- The Damianiindicator should be trending lower.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the Happs Main indicator (green horizontal region) appears on the main chart.
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