SUPER SIMPLE and “High Accuracy Volty Channel Stop Accelerator MT4 Forex Trading Strategy” – The Volty Channel Stop indicator uses the ATR and the Moving Average indicator for calculation of support/resistance lines.
- Time Frame: M5 or higher
- Currency Pairs: Any
- Volty Channel Stop
Recommendations to use in trading are standard.
If the Volty Channel Stop custom indicator forms blue lines below the price bars, it indicates BUY signal for the underlying asset.
If the VoltyChannel Stop custom indicator forms red lines above the price bars, it denotes price pressures to the downside i.e. bears market. It indicates a SELL signal.
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- Use a demo account or a small live account first to practice this trading system
Bullet points are a signal that the trend is reversed. This indicator can become a good alternative of a standard Parabolic SAR indicator in your trading systems.
- Download TraderVersity.Com-VoltyChannelStopAccelerator (Zip File)
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators /
- Copy the “TraderVersity.Com-VoltyChannelStopAccelerator.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.Com-VoltyChannelStopAccelerator
- You will see “Super Simple Volty Channel Stop Accelerator System” is available on your Chart
- Volty Channel Stop: the price is higher than “Blue lines” Volty Channel Stop
- Accelerator: Blue histogram
- Volty Channel Stop: the price is lower than “Red lines” Volty Channel Stop
- Accelerator: Red histogram
Simplicity is one word that traders ignore a whole lot of time as they advance their trading knowledge.
However, if things are kept simple it just might prove profitable in the long run.
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