Forex Channel Gain Trading Strategy
Forex Channel Gain Trading Strategy;
Forex Channel Gain is a template Reversal-Trend metatrader 4 for trading. The pourpose of this strategy is limit the negative influence of the variability of the bars that occurs in forex. This variability of the bars, makes the trading in forex, very complex and difficult. This is only a my idea.
Renko Chart box size 5 pips or higher. The renko chart are cleaner but are more challenging.
Time frame 30 min or higher.
Currency pairs: any.
Mretatrader Indicators:
Adaptive Laguerre Filter look baak 20 , median 5
TMA band modified (half length 56, Band Deviation 2.5 , )
Special Awesome modified
Double CCI with EMA : trend period 70, entry CCI period 30, SMA1- 30, SMA2 – 5, SMA3 – 2.
Trading rules Forex Channel Gain
Buy
When the price close below the lower band wait that the price came back above the Laguerre filter.
SMA1, SMA2, SMA3 of Trend CCI above aqua line.
Awesome histogram above the SMA line.
Place initial stop loss below the lower band.
Sell
When the price close above the upper band wait that the price came back below the Laguerre filter.
SMA1, SMA2, SMA3 of Trend CCI below aqua line.
Awesome histogram below the SMA line.
Place initial stop loss above the upper band.
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 Channel Gain Trading Strategy?
- Download Forex Channel Gain 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 Channel Gain 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”.
