411# Double Channel MA Filtered Trading System

Submit by JamesUK 30/11/2012

Time Frame 30 min or higher.

Currency pairs: any.

Metatrader Indicators:

Xard MACD flat Trend (24,48,12);

RSI Histo alert v.2 (RSI 21, Buy level aler 10, Sell level alert -10, MA 4);

21 exponential moving average High;

21 exponential moving average High;

11 exponential moving average High ;

11 exponential moving average High .

This is picture setup of trading system, Double Channel MA Filtered.

Buy Trade

1. Price closes above the blue 21 EMA of the highs;

2. RSI histo alert is above the 10 line (blue bars);

3 Xard MACD flat Trend is green.

Sell Trade

1. Price closes below the red 21 EMA of the lows;

2. RSI histo alert is above the -10 line (blue bars);

3, Xard MACD flat Trend is red.

Stop loss

Stop loss for buy trade will be placed a 3 pips under the red 21 EMA of the lows;

Stop loss for sell trade will be placed a 3 pips above the blue 21 EMA of the lows;

Trailing Stop loss

Trailing stop loss for sell trade the red 11 EMA of the highs (dotted line);

Trailing stop loss for Buy trade the blue 11 EMA of the lows (dotted line)

Profit Target Ratio 1:1. If stop loss is 20 pips target=20 pips.

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