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Trend Reversal Trading System with Channel High Low as Support and Resistance


High accuracy Trend Reversal Trading System with Channel High Low as Support and Resistance. This trading strategy is based on channel high / low as support and resistance.

The purpose of this system is to catch the bounce on the channel confirmed by three indicators including fisher an indicator recalculates.

I introduced fisher to have more price action, but it can be replaced.


  • Time Frame : 15 min or higher
  • Currency Pairs: All Major Pairs

 

MetaTrader Trading Indicators
  • Moving Average 10 period
  • Signal Line
  • Price Channel Stop
  • Super signal channel
  • GG-river flow
  • Trigger 5, 13, 1
  • Fisher period 10

 

BUY Rules
  • When appears the BUY arrow wait that the four indicators are agree in the same direction
  • Signal Line blue color
  • Price Channel Stop aqua color
  • Fisher green bar
  • Trigger gree bar

 

SELL Rules
  • When appears the SELL arrow wait that the four indicators are agree in the same direction
  • Signal Line red color
  • Price Channel Stop magenta color
  • Fisher green bar
  • Trigger gree bar

 

Trading NOTES

Exit position place initial stop loss above/below the channel.

Risk Reward Ratio = 1:2 or 1:3.

DOWNLOAD TRADING SYSTEM


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