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).
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- 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
- 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