740# Atr Channels Trend

Submit by Andrey 05/2017

Atr channels trend is a trading system created by Pabloski trader and pubblied on www.forexfactory.com

Here I shows a version modified. This forex system is a winning system, there is all documentation on the treat of FF. The original system is based on ATR Channel and stepchoppy indicators.

 Below two examples of trading

In shortly

Buy

stepchoppy blu bar

 stepchoppy (2.1 paint bar) blu bar.

Sell

stepchoppy red bar

 stepchoppy (2.1 pait) bar red bar.

I add Rune trend and and RSI filter. Why I add an arrow of trend and RSI filter? For decrease the number of trades and for increase the profitability. This is only una idea, the orginal system works good and it'is great system (thank to Pabloski).

Time Frame 15 min or higher.

Currency pairs: EUR/USD, GBP/USD, USD/JPY, GPY/JPY, EUR/AUD, USD/CHF, NZD/USD, EUR/GBP, USD/CAD.

Metatrader 4 Indicators:

ATR channels (period 18, MA 49).;

Steppy choppy bars v.2, period 18 , KV 1.0;

Rune Trend period 18, slow trend arrow);

RSI filter (9 period); optional.

Step chppy V.1

Trading rules Atr channels trend

Buy

Rune Trend buy arrow filtered by:

Steppy choppy bars v.2, blue color;

Step chppy V.1 blue color;

RSI blue color;

Price action of the price below the second blue line.

Sell

Rune Trend sell arrow filtered by:

Steppy choppy bars v.2, red color;

Step chppy V.1 red color;

RSI red color;

Price action of the price below the second red line.

Exit fast : make profit at the next line of the channel, Stop loss below/above the previous line of ATR.

 This exit is the more simple but also very profittable, there are other ways for exit the documentation is in the folder in attach.

Reference: https://www.forexfactory.com/showthread.php?t=23592

In the picture examples of trading.

 In the first picture four trades 4 Wins.