(MA) High-Low Trend Follower Trading Strategy – Moving Average Channel. Even though many traders believe that price action trading is better than indicator signals, I will not ignore the power of trading indicators and even some of the best traders of all time use indicators in their trading.

- 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
Moving averages are a perfect trading tool for trending markets because they often describe the trend effectively.
As we follow the bullish trend, we can see many cases when prices move back into the channel and then reject the channel before moving higher. Signals like this can provide great opportunities to follow the trend.
The advantage of using indicators is that their signals are 100% objective. New and inexperienced traders often struggle with the subjective nature of pure price action trading; an indicator might be a nice addition to your arsenal if you are looking for an objective tool to complement your decision making.
- Download “TraderVersity-InsideBarSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity-InsideBarSystem.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Metatrader Client.
- Select Chart and Timeframe where you want to test your forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity-MoneyFlowIndexSystem” trading system and strategy
- You will see “TraderVersity-InsideBarSystem” is available on your Chart
On this chart, we can see that the bullish trend moves above the moving average channel. Trend followers look for signals when prices move back into the channel and then they trade the rejection from the channel.
As we follow the bullish trend, we can see many cases when prices move back into the channel and then reject the channel before moving higher. Signals like this can provide great opportunities to follow the trend.
On this chart, we can see that the bearish trend moves below the moving average channel. Trend followers look for signals when prices move back into the channel and then they trade the rejection from the channel.
As we follow the bearish trend, we can see many cases when prices move back into the channel and then reject the channel before moving lower. Signals like this can provide great opportunities to follow the trend.
Trend following is a way of trading that many traders use to make money. They think that by following the trend, they can win more trades by catching the long-lasting movements of the market.