Breakout from Coiling

Use Simple Oscillator Pro's Coiling to spot quiet markets, then let Pro Signals V5 tell you which way they break.

When to use it#

• Volatility has dried up and price is moving sideways.
• You use both Pro Signals V5 and Simple Oscillator Pro.

Settings#

Anything not listed stays on its default. See the Full Settings Reference for every option.

Step by step#

1. 1
   Spot purple columns

   Coiling means tight volatility for 3 candles in a row with momentum near the middle. A bigger move often follows.
2. 2
   Don't guess the direction

   Wait. A coil can break either way.
3. 3
   Take the first signal out of the coil

   Check that the Pressure columns agree with the signal's direction.
4. 4
   Watch Trade Fuel

   Strong fuel means momentum and pressure both support the trade.

Managing the trade#

• Breakouts that turn Fading quickly are worth trimming early.
• If price falls straight back into the coil, consider closing the trade.

When to skip it#

• The coil sits right under a major level.
• A major news release is about to hit.

Common mistakes#

• Entering inside the coil to 'get in early'.
• Using different Signal Modes in the two indicators, so they disagree.

Related playbooks#