MBFX Breakout Trading System
Trading Systems Last update: December 20, 2024The MBFX Breakout System utiliz specific approach defined by two indicators: i-regression and mbfx timing. The first one mentioned is responsible for displaying the curved channel and it helps to understand market direction by analysing where its leaning to. The second one accurately recognizes overbought and oversold price levels that provides perfect entry points.
How to trade with mbfx breakout system?
In order to better understand the way of the trading with this strategy, let’s take a look at these two setups.
Sell opportunity
The i-regression channel should be bend towards bottom which strong suggest ongoing downtrend. The mbfx timing is meant to reach overbought zone (above 70) and ultimately turn orange for a short trade trigger. As you can see, the price made one little pullback more and then drop significantly resulting in a great potential profit.
Buy opportunity
For a long opportunities very similar rules apply. The channel needs to be pointing upwards and the oscillator should drops to oversold zone and then turn green.
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