High accuracy WATR Price Channel Stop Trading with FXforecaster eMOD and Triline 3 MTF + SigMA TT filter.
WATR Price Channel Stop is suitable for trend following and trend momentum trading as filter or entry.
- Time Frame: 15 min or higher
- Financial Markets: any
MetaTrader Trading Indicators
- WATR Indicator
- Price Channel Stop
- FX Forecast (OSMA 12, 26, 9 – MA1 9- MA2 45)
- Triline 3 MTF + SigMA TT filter
BUY Rules
- WATR blue color
- Price Channel Stop blue color
- FX Forecast (OSMA 12, 26, 9 – MA1 9- MA2 45) above the 0 line
- Triline 3 MTF + SigMA TT filter green color histogram and above 0 line
SELL Rules
- WATR red color
- Price Channel Stop red color
- FX Forecast (OSMA 12, 26, 9 – MA1 9- MA2 45) below the 0 line
- Triline 3 MTF + SigMA TT filter red color histogram and below 0 line
Trading NOTES
- Initial stop loss at the previous swing high (for SEEL) or low (for BUY)
- Risk Reward Ratio = 1:2 or 1:3
- You can use WATR or Price Channel Stop indicator as trailing stop tool
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