FXPASS Channel Breakout Trading Method with CCI Filter

Trend Following Breakout System – High Accuracy FXPASS Channel Breakout Trading Method with CCI Filter.

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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FXPASS Channel Breakout Trading Method is a channel breakout trading method based on high accuracy MT4 indicators.

In this version there is also as filter Half Trend indicator, Price Channel Stop, and CCI. This is a trend following breakout system.

• Time Frame: 15 min or higher
• Financial Market: any

• FXPass Signals: 10 ,15
• FXPass Channels: 10
• Half Trend 1.02 (default setting)
• Price Channel Stop
• FXPass Mash Channel (10, 100, 10)
• CCI

• FXPass Signals green arrow
• Half Trend 1.02 aqua line
• FXPass Mash Channel green bar
• Price Channel Stop  aqua color
• CCI line above 55

• FXPass Signals green arrow
• Half Trend 1.02 aqua line
• FXPass Mash Channel green bar
• Price Channel Stop  aqua color
• CCI line above 55

• Exit position with predetermined profit target: ratio 2:1 stop loss
• Stop loss for BUY below red line
• Stop loss for SELL above blue line
• You can use martingale between 1.5 and 2.0 for position management
  • When you use the martingale always remember to use stop loss and profit target constants that depend on the time frame.

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