123# ATR Channels Strategy Forex System

Time Frame H1 or higher.

Pairs:all,

 

Indicators:

MACD (12, 26,9);

ATR Channel (14)

 

Long Entry:

MACD>0

ATRChannel Crosses up middle Band (red line).

Not to open positition if price is > Blue line.

Short Entry:

MACD<0

ATRChannel Crosses down middle Band (red line).

Not to open positition if price is < Blue line.

 

Exit Position:

Place stop loss 3 pips above or belowe middle band (red line).

Profit Target 5 pips below green bands, or trailing stop after 25 pips in gain.



In the pictures ATR Channels Strategy forex system in action.

 

Forex Trading System
atr channels strategy.rar
compressed file archive 713 Bytes
ATR Channel
Trading System
ATRchannel.rar
compressed file archive 1.1 KB
ATR Channel strategy Template
Atrchannel Template Update
atr+channels+strategy.rar
compressed file archive 713 Bytes

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 4
  • #1

    Prasanna Kumar Acharya (Saturday, 28 September 2013 12:33)

    I downloaded the link, but channel is not displaying as shown in the image

  • #2

    Forextradingstrategiesresources (Saturday, 28 September 2013 18:44)

    Udated template.
    admin

  • #3

    ramana (Sunday, 10 November 2013 08:20)

    Still channel is not displaying

  • #4

    Alex (Thursday, 28 April 2016 10:54)

    Doesn't work. The indicator works, but doesn't show up with the template. What are the settings for the ART channel?