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Forex “Daily Time Frame” ATR Stops Trading System and Strategy


High accuracy “Forex ATR Stops Trading System and Strategy” – This system is designed for longer time frames, it’s a trend following system that just rides the trend to the maximum profit, you can use shorter time frames but you will be exposed to more market noise, this system works perfectly in D1 time frame.

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frame: H4 and D1
  • Currency Pairs: Any

 

MetaTrader Trading Indicators
  • ATR Stops
  • Dots Color
  • HistoBands
  • CCI T3
  • Bar Color
  • Commodity Channel Index

 

How to install “ATR Stops Trading System

  • Download “TraderVersity.Com-ATRStopsTrading” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-ATRStopsTrading.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity.Com-ATRStopsTrading” trading  system and strategy
  • You will see “ATR Stops Trading System” is available on your Chart

 

BUY Rules


  • ATR Stops: The indicators must be below the charts
  • Dots Color: Blue
  • HistoBands: Blue histogram
  • CCI T3: Blue Histogram
  • Bar Color: Blue color
  • Commodity Channel Index line: Upward and above the level 50

 

SELL Rules

  • ATR Stops: The indicators must be above the charts
  • Dots Color:  Red
  • HistoBands: Red histogram
  • CCI T3: Red Histogram
  • Bar Color: Red color
  • Commodity Channel Index line: Downward and below the level -50

 

Trading NOTES
  • Have you know this is a trend following system, so you want to ride the trend
  • The shorter ATR line is for taking profits, the longer ATR line is for stop loss, the stop loss and take profit are dynamic.
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM


READ  Double MACD MTF Trend Trading

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