225# Dynamic Channel Strategy

Price border trading

Super scalper trading with dynamic support and resistance

Submit by Alonso

 

Dynamic Channel Strategy is based on the dynamic support and resistance based on the price border indicator MT4. The main feature of this strategy is that the price tend to push when touches the dynamic lines.

 

This trading system is for trading with binary options high/low or for scalping and day trading.

Binary options high/low expiry time 10 candles.

Time Frame 1 min and 5 min.

Currency pairs: USD/JPY, EUR/USD, GBP/USD, USD/CHF, GBP/JPY, EUR/JPY, S&P 500, FTSE, DAX.

Trading Time: London and New York sessions.

Metatrader 4 Indicators

Price Border period 61, ATR multipler 2.6, period 110.

Price Border period 61, ATR multipler 2.7, period 110.

Price Border period 61, ATR multipler 3.4, period 110.

Price Border period 61, ATR multipler 3.8, period 110.

Price Border period 61, ATR multipler 4.2, period 110.

Price Border period 61, ATR multipler 4.6, period 110.

Price Border period 61, ATR multipler 5.0, period 110.

Super Scalper Indicator 28 period.

 

Trading rules Dynamic Channel Strategy

Buy or Call

The price go in the zone of support lines and crosses two or more lines.

Super Scalper changes color yellow to blue.

Open a call or buy position at the opening of the next bar.

Place Initial stop loss at the previous swing low.

Make profit at the middle band or with predetermined profit target.

 

Sell

The price go in the zone of resistance lines and crosses two or more lines.

Super Scalper changes color blue to yellow.

Open a put or sell position at the opening of the next bar.

Place Initial stop loss at the previous swing low.

 

Make profit at the middle band or with predetermined profit target.

In the pictures Dynamic Channel Strategy in action.

 Dynamic Channel Strategy
Dynamic Channel Strategy
 Dynamic Channel Strategy
Dynamic Channel Strategy
Dynamic Channel Strategy
Dynamic Channel Strategy

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Dynamic Channel Strategy
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