471# ATR stop and reversal professional

ATR reversal trading

Submit by Joy22 04/07/2015


ATR stop and reversal professional is an intraday trading system based on ATR stop and reverse. This indicator is filtered by two indicators Bollinger bands squeeze and Pet-D ( similar rsi bar).

Time frame 5 min or higher.

Currency pairs: Majors.

Metatrader indicators:

Pet D,

Bollinger bands Squeeze, (when appears yellow dots do not trade flat).

ATR Trend, ( Mode 0, delat price 0.03, multiplier 2.0, Atr period 10, )

Key levels,

Pet-D (similar RSI candle).

Trading Rules ATR stop and reversal professional


Buy

ATR Trend dots aqua color,

PET-D green color,

Bollinger band squeeze green color.

When these conditions are agree entry at opening of the next bar.


Sell

ATR Trend dots red color,

PET-D red color,

Bollinger band squeeze red color.

When these conditions are agree entry at opening of the next bar.


Exit positions

Make profit when ATR trend change direction.

Make profit with predetermined profit target or on the key levels.

Place stop loss below/above Key levels.

In the pictures ATR stop and reversal professional in action.

 ATR stop and reversal professional in action.
ATR stop and reversal professional in action.
 ATR stop and reversal professional in action.
ATR stop and reversal professional in action.
ATR stop and reversal professional is an intraday trading system based on ATR stop and reverse.
ATR stop and reversal professional.rar
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