111# MJ Regression Channel Strategy and Fx Sniper Ergodic Trading System

Time Frame: 1H or 4H

Pairs:all

Indicators: MJ RegressionChannel

Fx sniper ergodic (2, 5, 3)

 

This will draw 2 channels. Strategy with this is simple: look at channel margins. You can enter if the price break the channel and is confirmed by FX sniper Ergodic, or if the price get a rejection from the margins of the channels ( and is confirmed by FX sniper Ergodic).

 

Stop Loss is at the channel margin

Profit targetfor entry after rejection is or middle channel or opposite margin channel.


Profit Targetfor breaks channel is when FX sniper crosses in opposite direction.


In the pictures Mj Regression Channel and forex system in action.

MJ Regression Channel
Trading System
MJ Regression Channel.rar
compressed file archive 3.5 KB

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

Comments: 1
  • #1

    Terede (Wednesday, 05 September 2018 13:38)

    hello,
    i agree with your system have an Expert advisor for this system

FX_Sniper's_Ergodic_CCI_Trigger
Metatrader indicator
FX_Sniper's_Ergodic_CCI_Trigger.rar
compressed file archive 1.1 KB
mj regression channel and FX Sniper
Forex Trading System
mj regression channel and FX Sniper.rar
compressed file archive 2.8 KB
MJ.doc
Microsoft Word Document 513.5 KB

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