DOWNLOAD “H4 Time Frame” Forex Channel Signal Trading with Trend Bars RSI and AFL Winner Filter – This high accuracy forex strategy is trend following.
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: H4
- Currency pairs: any
MetaTrader Trading Indicators
- Channel Signal
- Trend Bars
- Relative Strength Index
- AFL Winner
- Forex TP B
BUY Rules
BUY Entry is confirmed when
- There is a blue arrow pointing up
- Trend Bars indicator color is in green color
- RSI line above 55 level
- AFL Winner green color
- Forex TP B blue line above the black line
SELL Rules
SELL Entry is confirmed when
- There is a red arrow pointing down
- Trend Bars indicator color is in red color
- RSI line below 45 level
- AFL Winner red color
- Forex TP B blue line below the black line
Trading NOTES
- This system is traded on the 4-hour time frame chart. The suggestion for stop loss is around 100-150 pips from the entry.
- The profit target can be set from 200-400 pips.