3# Volatility Double Channel Breakout Trading System
Submit by Forexstrategiesresources
Time Frame: 15 or higher.
20 SMA High;
20 SMA Low;
5 SMA High;
5 SMA Low.
When 5 SMA High <20 SMA High ,RSI (11)<35 .
note:if the bar setup is more than double the previous do not enter.
Stop loss is placed on the lower band of The 5 SMA if position (Buy), on the upper band of 5 SMA if position (Sell).
Exit Position also with aggressive Target Profit is recommended. (to see example)
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Volatility Forex Strategies
Channel Breakout Forex Strategies