487# TrendRange Channel Trading System

Channel Trading

 

Submit By Cohen Trader 23/08/2013

 

This Trading system is Trend following and Reversal and it's based on the indicator Trend Range v.2 MT4 (channel trading).

 

Time Frame 30 min. 60 min, 240min,

Markets Any.

 

Metatrader Indicators:

TrendRangeV2,

BTS Exist,(BTS Exit repaints because it is based on fractal algorithm)

Swing Arrow,

MTF Stoshstic (Current time frame)

 

Rules for TrendRange Channel Trading System.

 

Buy

The Signal BTS exit indicator touches the lower band.

Stochastic below the window chart is blue.

Entry position, at the first swing green arrow.

 

Sell

The Signal BTS exit indicator touches the upper band.

Stochastic below the window chart is red.

Entry position, at the first swing red arrow.

 

Non trade against the Trend

Exit Position with BTS Exit or wait Nex oposite signal.

Initial Stop Loss 5 pips above or below the previous swing.

TrendRange Forex Trading System

TrendRange Trading System
TrendRange Trading System. Indicators and Template.
Forex Trading System
TrendRange Trading System.rar
compressed file archive 29.1 KB
TrendRange Forex Trading System
TrendRange Forex Trading System

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