Home / FREE DOWNLOAD MT4 Trading Systems / Forex Regression Channel Trading with FX Sniper Ergodic Filter

Forex Regression Channel Trading with FX Sniper Ergodic Filter


Super Channel Trading –  This “Forex Regression Channel Trading  System” will draw 2 channels. Strategy with this is simple: look at channel margins. You can enter if the price break the channel and is confirmed by FX sniper Ergodic, or if the price gets a rejection from the margins of the channels (and is confirmed by FX sniper Ergodic).

  • Time Frame: H1 or higher
  • Currency Pairs: Any

 

MetaTrader Trading Indicators
  • MJ Regression Channel
  • FX Snipper’s Ergodic CCI Trigger
  • THV4 TzPivotsD
  • ATM Pure Market Price
  • Candle Time and Spread

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • MJ Regression Channel: Up Trend
  • FX Snipper’s Ergodic CCI Trigger:
    • Blue line > Red line
    • The blue line above level 50

 

SELL Rules

  • MJ Regression Channel: Down Trend
  • FX Snipper’s Ergodic CCI Trigger:
    • Blue line < Red line
    • The blue line below level -50

 

Trading NOTES
  • Stop Loss is at the channel margin
  • Profit target for entry after rejection is or middle channel or opposite margin channel
  • Profit Target for breaks channel is when FX sniper crosses in opposite direction
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM


READ  Simple High Time Frame BUY SELL Trading Signals and Strategy

Leave a Reply

Your email address will not be published. Required fields are marked *