740# Atr Channels Trend
Atr trading with the trend
Submit by Andrey 05/2017
Atr channels trend is a trading system created by Pabloski trader and pubblied on www.forexfactory.com
Here I shows a version modified. This forex system is a winning system, there is all documentation on the treat of FF. The original system is based on ATR Channel and stepchoppy indicators.
Below two examples of trading
stepchoppy blu bar
stepchoppy (2.1 paint bar) blu bar.
stepchoppy red bar
stepchoppy (2.1 pait) bar red bar.
I add Rune trend and and RSI filter. Why I add an arrow of trend and RSI filter? For decrease the number of trades and for increase the profitability. This is only una idea, the orginal system works good and it'is great system (thank to Pabloski).
Time Frame 15 min or higher.
Currency pairs: EUR/USD, GBP/USD, USD/JPY, GPY/JPY, EUR/AUD, USD/CHF, NZD/USD, EUR/GBP, USD/CAD.
Metatrader 4 Indicators:
ATR channels (period 18, MA 49).;
Steppy choppy bars v.2, period 18 , KV 1.0;
Rune Trend period 18, slow trend arrow);
RSI filter (9 period); optional.
Step chppy V.1
Trading rules Atr channels trend
Rune Trend buy arrow filtered by:
Steppy choppy bars v.2, blue color;
Step chppy V.1 blue color;
RSI blue color;
Price action of the price below the second blue line.
Rune Trend sell arrow filtered by:
Steppy choppy bars v.2, red color;
Step chppy V.1 red color;
RSI red color;
Price action of the price below the second red line.
Exit fast : make profit at the next line of the channel, Stop loss below/above the previous line of ATR.
This exit is the more simple but also very profittable, there are other ways for exit the documentation is in the folder in attach.
In the picture examples of trading.
In the first picture four trades 4 Wins.