Strategy for binary options, Forex and CFD - Breakout the Phases Zone
Strategy for binary options, Forex and CFD - Breakout the Phases Zone
Strategy for binary options, Forex and CFD - Breakout the Phases Zone - a strategy based on breaking through support and resistance levels, helps determine the best moment to open a transaction.
Contents
- Minimum Time Frame and expiration time
- Recommended Time Frame and Expiration Time
- Indicators of the Breakout the Phases Zone strategy
- Risk management
- Breakout the Phases Zone strategy: signal to increase
- Breakout the Phases Zone strategy: downside signal
- Download the Breakout the Phases Zone strategy
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Minimum Time Frame and expiration time
- Time Frame: H1
- Expiration time: 3 hours (3 candles)
Recommended Time Frame and Expiration Time
- Time Frame: H1
- Expiration time: 4 hours (4 candles)
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Indicators of the Breakout the Phases Zone strategy
- Damiani_volatmeter
- Happs_Phases_v8
- MA_Shade 5-25
Risk management
Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.
Breakout the Phases Zone strategy: signal to increase
- The price has broken through the red or green area from bottom to top
- The column under the candle is painted green
- In the lower indicator there is a green line above the white line (optional)
Breakout the Phases Zone strategy: downside signal
- The price has broken through the red or green area from top to bottom
- The column under the candle is painted blue
- In the lower indicator there is a green line above the white line (optional)
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Trading on Forex and CFD
- Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
- The trade is opened after receiving a signal from the trading strategy
- The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
- The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
- Take Profit to Stop Loss levels are set depending on the selected time frame
- The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading
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Download strategy Breakout the Phases Zone
Download the Breakout the Phases Zone strategy......
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