iStoch Price Action Trend Channel Trading Strategy

iStoch Price Action Trend Channel Trading Strategy is a very simple high accuracy trend momentum system. The system is based on three indicators (trend, momentum and price action).

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

DOWNLOAD INDICATOR

• Time Frame: M15 or higher
• Currency Pairs: GBPUSD, EURUSD, USDJPY, and all Major Pairs

• iStochTXT
• enLight Channel Draw
• enLight LR Channel Draw
• Trader Wawasan TE
• Essam
• BtTrendTrigger T Signal

• Channel 1 and Channel 2 in up direction
• Essam Yellow bar > red Bar
• Trader Wawasan blue color line
• BtTrendTrigger bullish (yellow line above red line)

• Channel 1 and Channel 2 in down direction
• Essam Yellow bar < red Bar
• Trader Wawasan red color line
• BtTrendTrigger bearish (yellow line below red line)

• Trade only in the direction of the trend (the direction of Channel 1 and Channel 2)
• Exit Positon
  • Initial stop loss on the previous swing
  • Predetermined Profit Target
    • 150-200 pips for H1 time frame
    • 300-400 pips for H4 time frame
    • 800-1400 pips for Daily time frame
• Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM