831# Forex Rebellion Version 3.0
QQE with Donchian Channel
2 Moving Averages Signal
Submit by Dimitri
Forex Rebellion Version 3 is the enhancement of an early two trading system for Metatrader 4 produced by J. Russ. In this new version we have an expert who helps us to evaluate the positions to be taken on the market by indicating when the conditions that generate a market entry are in agreement. In addition, you can follow the entry of the moving average with the arrows and break of the Donchian Channel.
Time frame H1 or higher, But the best time frame is the daily in which the system expresses all its potential for trading by generating clear and precise signals that mitigate stress, even when it goes into loss the system manages to recover the losses having good profitability.
Setup strategy
Time frame 30 min or higher, best time frame daily.
Currecy Pairs: Majors, minors and Indices.
Metatrader 4 Indicators
Main chart
Donchian Channel period 21, close.
EMA Crossover 4, and 5 periods, close.
2 moving averages signal (5, 7, 1),
Moving average 10 periods, close.
First window below main chart
QQE ADV 1, 8,3, close.
second window below main chart
MACD with EMA (10, 20, 1, 7), trend momentum indicator.
Expert Tarek, this EA help us to manage positions.
Trading rules Forex Rebellion Version 3.0
Buy
Entry rule 1 the trend is bullish.
Entry rule 2 EMAs cross is bullish.
Entry rule 3 QQE cross is bullish
Entry rule 4 QQE is bullish.
Sell
Entry rule 1 the trend is bearish.
Entry rule 2 EMAs cross is bearish.
Entry rule 3 QQE cross is bearish
Entry rule 4 QQE is bearish.
Exit position:
Place initial stop loss above/below the previous swing high/low.
Make profit at the support or resistance levels or when the trading system generates agree opposite conditions .
Examples of trades.
Telegram Channel: https://t.me/freeforexresources
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