61# Breakout the Phases Zone

Breakout the Support and Resistance Area

 

Breakout the Phases Zone is a forex strategy base on the breakout of the support and Resistance area.

Time Fra H1, H4.

Currency pairs:Any.

 

Metatrader indicators

Phase V.8;

MA-Shade 5-25;

Damiani Volameter (7,50, 1.3, true).

 

Rules Breakout The Phases Zone

 

Long Entry

Wait that the price broken the support or resistance area (red zone or green zone) from down to up.

MA-shade green bar.

Damiani Volameter green line above white line (optional)

Initial stop loss 5 pips below the Phase Zone H1 TF ( TF H4 15 pips)

Make profit on the next pivot level or profit target predetermined ratio 1.3 stop loss.

 

Short Entry

Wait that the price broken the support or resistance area (red zone or green zone) from up to down.

MA-shade blue bar.

Damiani Volameter green line above white line (optional).

Initial stop loss 5 pips above the Phase Zone H1 TF ( TF H4 15 pips).

Make profit on the next pivot level or profit target predetermined ratio 1.3 stop loss.

 

In the pictures Breakout the phases Zone.

In the picture Breakout the phases Zone (time Frame H1)
In the picture Breakout the phases Zone (time Frame H1)
In the picture Breakout the phases Zone (time frame 4H).
In the picture Breakout the phases Zone (time frame 4H).
Breakout the Phases Zone
Template and Indicators.
Breakout the Phases zone.rar
compressed file archive 28.7 KB

Write a comment

Comments: 2
  • #1

    asaens (Wednesday, 18 June 2014 20:36)

    where are indicators / templates ?

  • #2

    Toghai (Wednesday, 18 June 2014 20:54)

    Hello Admin,

    Please provide Indicators and Template,

    Regards,