185# Barishpoltz Channel

Submit by Romy 01/04/2016

Barishpoltz Channel is a trading strategy with two great tools for trading in sideways market: Barishplzt Cannel and Vaue CHT Chart indicator.

Time frame 5 min or higher.

Financial Market any.

Metatrader indicators:

Barishpoltz Channel

Barishpoltz Fractal Channel

CHT Value Chart: reference:”The CHT_Value_Chart program is free software: you can redistribute

* it and/or modify it under the terms of the GNU General Public License as

* published by the Free Software Foundation, either version 3 of the License, or

* (at your option) any later version.

*

* CHT_Value_Chart is distributed in the hope that it will be useful, but WITHOUT ANY

* WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR

* A PARTICULAR PURPOSE. See the GNU General Public License for more details.

*

* You should have received a copy of the GNU General Public License

* along with CHT_Value_Chart. If not, see <http://www.gnu.org/licenses/>.

*

* FILE: CHT_Value_Chart_v2.5.mq4

* VERSION: 2.5

* AUTHOR: Thierry Chappuis <tc77@pygnol.ch>

* DESCRIPTION:

• MT4 Custom indicator that aims at calculating and displaying a value chart.

Expiry time with binary options high/low 1 or 2 candles.

Trading rules Barishpoltz Channel

Find the sideways market with Barishpoltz Channel and Barishpoltz Fractal Channel.

a market is in lateral phase when the channels are parallel.

Buy

In sideways market CHT value chart touches (aggressive) or close below ( conservative) oversold asymmetric green line, buy at open of the next bar.

Sell

In sideways market CHT value chart touches (aggressive) or close above ( conservative) overbougth asymetric red line, buy at open of the next bar.

I prefer to use the conservative approach because it has a higher profitability.

The key of this strategy is the sideways market.

In the pictures Barishpoltz Channel in action.

Share your opinion, can help everyone to understand the forex strategy