Forex Dynamic Price Action Channel Trading System

High accuracy Forex Dynamic Price Action Channel Trading System – The Dynamic Price Channel indicator is based on the Bollinger Bands on three different shifts, the ATR and the Keltner channels.

Trading NOTES

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• Use a demo account or a small live account first to practice this trading system

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• Time Frame: M30 or higher
• Currency Pairs: Any

• Exponential Moving Average
• Dynamic Price Channe
• Commodity Channel Index
• Williams’ Percent Range

• Exponential Moving Average:
  • 50 EMA > 200 EMA
  • 5 EMA > 10 EMA
• Commodity Channel Index: upward and above the 50 level
• Williams’ Percent Range: upward and above the 50 level

• Exponential Moving Average:
  • 50 EMA < 200 EMA
  • 5 EMA < 10 EMA
• Commodity Channel Index: downward and below the -50 level
• Williams’ Percent Range: downward and below the 50 level

• Put the initial stop loss one pip above the last high or low
• The Take Profit at the Dynamic Price Channe line
• Use a demo account or a small live account first to practice this trading system

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