INSTANT DOWNLOAD!
Price: $5.00
Indicators: True Breakout Levels.ex4, True Breakout Basic.ex4 (Unlocked), Template: True Breakout Basic.tpl, NO MANUAL.
Note: This product only works on EURUSD 5min. time frame.
True Breakout System — Price Action Based Forex Trading Strategy
The True Breakout System is a straightforward yet powerful forex trading strategy rooted in pure price action. Unlike many complex systems overloaded with technical indicators, this system focuses on the essentials: key support and resistance zones that help identify real breakout opportunities.
How It Works
Breakouts happen when price decisively moves beyond an important support or resistance level. The True Breakout System captures these moments, signaling traders to enter the market in the direction of the breakout — buy on a breakout above resistance, or sell on a breakout below support.
Key Features
Minimal indicators to avoid clutter and confusion
Automatic plotting of True Breakout Levels directly on your price chart:
Light green horizontal lines indicate potential resistance zones
Tomato red horizontal lines indicate potential support zones
True Breakout Basic Indicator changes color to guide entry timing:
Yellow color signals a favorable time to open a position
Grey color signals it’s not the right time to trade
Trading Rules
Buying Setup:
Price breaks above the light green resistance line
True Breakout Basic indicator is yellow
Place stop loss just below the recent swing low
Take profit once a grey horizontal line appears above your entry price
Selling Setup:
Price breaks below the tomato red support line
True Breakout Basic indicator is yellow
Place stop loss just above the recent swing high
Take profit once a grey horizontal line appears below your entry price
When to Trade
For optimal performance, trade the True Breakout System during periods of high market volatility, particularly during the overlap of London and New York sessions, when price movement is most aggressive and breakouts are more reliable.
Summary
The True Breakout System is ideal for traders who want a clean, price action-based strategy with clear visual cues for breakout entries and exits. With automatic level plotting and easy-to-follow signals, this system makes breakout trading straightforward — rewarding disciplined traders with high-probability setups during volatile market sessions.
