12# System 17 with ATR Strategy

ATR as filter of trend following forex strategy

Atr filter with MA smoothed

Submit by Lorenz 07/2017

 

System 17 with ATR Strategy is a trend-Momentum system filtered by volatility. Averange true range is the indicator of volatility that I use as filter.

Best time frame for this trading system is 30 min.

 

Currency pairs: EUR/USD, USD/CAD, USD/JPY, AUD/USD, GBP/USD, GBP/JPY, NZD/USD, EUR/JPY.

Metarader Indicators:

System 17 (trend following indicator with arrow buy and sell), this indicator is formed by moving average 12 period, close,

Bollinger Bands period 8, deviation 0.75,

Moving average 21 period, close,

Bollinger Bands period 9, deviation 0.75,

Average True Range (ATR) 14 period with moving average smoothed 5 period.

RSI Filter 9 period.

 

Trading rules System 17 with ATR Strategy

Trades only when ATR is above moving average smoothed 5 period.

Buy

Arrow buy of System 17.

ATR is above moving average smoothed 5 period.

RSI blue bar.

Initial stop loss below the previous low swing.

Make profit at the opposite arrow or with predetermined profit target.

 

Sell

Arrow sell of System 17

ATR is above moving average smoothed 5 period.

RSI red bar.

Initial stop loss above the previous high swing.

Make profit at the opposite arrow or with predetermined profit target.

 

Tip: max two trades a day.

 

This is a winnin strategy.

In the pictures System 17 with ATR Strategy in action.

System 17 with ATR Strategy
System 17 with ATR Strategy
System 17 with ATR Strategy
System 17 with ATR Strategy
System 17 with ATR Strategy
System 17 with ATR Strategy

Share your opinion, can help everyone to understand the forex strategy.

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System 17 with ATR Strategy
System 17 with ATR Strategy
System 17 with ATR Strategy.rar
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