Forex ATR Channel Trend Trading Strategy

Forex ATR Channel Trend Trading Strategy

Forex ATR Channel Trend Trading Strategy;

Forex ATR Channel Trend Trading Strategy

Here I shows a version modified. This forex system is a winning system, there is all documentation on the treat of FF. The original system is based on ATR Channel and stepchoppy indicators.

Below two examples of trading

In shortly

Buy

stepchoppy blu bar

stepchoppy (2.1 paint bar) blu bar.

Sell

stepchoppy red bar

stepchoppy (2.1 pait) bar red bar.

I add Rune trend and and RSI filter. Why I add an arrow of trend and RSI filter? For decrease the number of trades and for increase the profitability. This is only una idea, the orginal system works good and it’is great system (thank to Pabloski).

Time Frame 15 min or higher.

Currency pairs: EUR/USD, GBP/USD, USD/JPY, GPY/JPY, EUR/AUD, USD/CHF, NZD/USD, EUR/GBP, USD/CAD.

Metatrader 4 Indicators:

ATR channels (period 18, MA 49).;

Steppy choppy bars v.2, period 18 , KV 1.0;

Rune Trend period 18, slow trend arrow);

RSI filter (9 period); optional.

Step chppy V.1

Trading rules Atr channels trend

Buy

Rune Trend buy arrow filtered by:

Steppy choppy bars v.2, blue color;

Step chppy V.1 blue color;

RSI blue color;

Price action of the price below the second blue line.

Sell

Rune Trend sell arrow filtered by:

Steppy choppy bars v.2, red color;

Step chppy V.1 red color;

RSI red color;

Price action of the price below the second red line.

Exit fast : make profit at the next line of the channel, Stop loss below/above the previous line of ATR.

This exit is the more simple but also very profittable, there are other ways for exit the documentation is in the folder in attach.

In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.

For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.

How to install Forex ATR Channel Trend Trading Strategy?

  • Download Forex ATR Channel Trend Trading Strategy.zip
  • Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Load indicator on your chart

How to uninstall Forex ATR Channel Trend Trading Strategy?

To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.

Download Free Forex ATR Channel Trend Trading Strategy

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