487# TrendRange Channel Trading System
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,
BTS Exist,(BTS Exit repaints because it is based on fractal algorithm)
MTF Stoshstic (Current time frame)
Rules for TrendRange Channel Trading System.
The Signal BTS exit indicator touches the lower band.
Stochastic below the window chart is blue.
Entry position, at the first swing green arrow.
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.