DOWNLOAD Price Channel Stop Trend Manager Trading With Flat RSI Filter – Price Channel Stop Trend Manager trading strategy is a slow trend-momentum trading System.
This system works best on 15M – 30M – 1H and 4H time frames. Any currency pair.
- Price Channel Stop
- Trend Manager
- Flat RSI
- Price Channel Stop aqua color
- Trend Manager blue color
- Flat RSI blue color
- RSI line upward and above 50
- Price Channel Stop magenta color
- Trend Manager red color
- Flat RSI red color
- RSI line downward and below 50
- Targets can be based on :
- The fixed number for each trade. (Example, 65 pips for H-1 chart and 95 pips on H-4 chart)
- Opposite signal. (Example, if the current opened trade is a sell trade then close it when you get a BUY signal)
- You can also use support and resistance, pivot points or Fibonacci levels.
Like any other trading system, this system is not the holy grail. That means you will have losing trades!
There are many strategies to use to keep your account safe …
- Use trailing ( moving ) stop loss
- Always use money management
- For example, never trade with stop loss larger than your target. Never trade when the major economic news is released. Never trade with “scary/crazy” lot sizes!