This trading system uses only three indicators, one of which is a signal – draws an arrow to enter the position, the second draws a channel in which dangles price well and filter indicator trend. So how are we going to trade within the channel system that can truly be called channel system forex for more chiseled under the flat is, however, and in a trend she feels fine.
INSTALLATION OF TRADING SYSTEM
The trading system is established in the general standard scheme, so that the indicators throw in your daddy indicators terminal, if you can not find this folder is inside the folder experts your terminal. Template throws in a folder called Templates. Next we go to press your terminal 2 Mouse, click on the item templates and choose a template called Fxpro System. You should go something like this schedule:
Signals to buy:
1. Price is within the channel or near the lower boundary of the channel.
2. After the up arrow is blue, but do not forget that if there was an arrow by channel, the needle is simply ignored.
3. In a further indicator window at the bottom of Fps Trend indicator is colored blue. Entrance to the closed position on the bar and not as an arrow zablymaet, as it is redrawn.
Signal to buy:
1. The price is within the channel or at the upper boundary of the channel.
2. After the down arrow of red color, but do not forget that if there was an arrow by channel, the needle is simply ignored.
3. In a further indicator window at the bottom of Fps Trend indicator is red.
PUTTING A STOP ORDER AND EXIT FROM THE POINT
It’s no secret that I always say to put a stop on the orders of local minima and maxima in each vehicle, so here you will not see something new. Just do not ignore the support and resistance levels as they are ideal places for setting stops. Output with the purchase or sale will perform at the appearance of the arrow in the opposite direction. How to put a stop order and when to exit the position look at the pictures !!!
As can be seen from the examples in the trading system is very small feet on the potential profit, so that the system can be considered as already relatively profitable. Main observe money management and not risk more than 3 percent of the deposit. Good luck to you !!