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Double Price Channel Stop Trading with I-trend Filter Indicator


Double Price Channel Stop Trading System with I-trend Filter Indicator for higher timeframes.

Trading NOTES

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Double Price Channel Stop Strategy is a very simple strategy based on classic MT4 indicators as Price channel and I-Trend.

This is a trend following trading system for higher time frames.


  • TimeFrames: H1, H4, Daily or higher.
  • Currency Pairs:  All Major Pairs
MetaTrader Trading Indicators
  • Price Channel Stop (10)
  • Price Channel Stop (5)
  • I-trend default setting
BUY Rules
  • Price Channel Stop (10) and Price Channel Stop (5) lime color
  • I-trend default blue bars
SELL Rules
  • Price Channel Stop (10) and Price Channel Stop (5) magenta color
  • I-trend default red bars
Trading NOTES
  • The best time frame is daily. The signals on daily time frame are more accurate, Simple and effective. In the lateral phases, it can generate false signals.
  • Initial stop loss on the previous swing low (for BUY) or swing high (for SELL)
  • Profit Target discretionary

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