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.

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)

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)

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