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733# Forex Channel Gain

Reversal-Trend trading

Submit by Andy

 

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.

Make profit with ratio 1.18 stop loss or at middle band.

 

In the pictures Forex Channel Gain in action.

Forex Channel Gain
Forex Channel Gain
Forex Channel Gain
Forex Channel Gain
Forex Channel Gain with renko chart
Forex Channel Gain with renko chart

Forex Channel trading

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