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Forex channel reversal trading system

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Forex channel reversal trading system is a part of the MT4 trading system that uses a strategy based on Reversal-Trend MetaTrader 4 for trading. The purpose of this strategy is to limit the negative influence of the variability of the bars that occurs in forex. This variability of the bars makes the trading in forex, very complex and difficult.

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Forex channel reversal trading system chart AUDUSD, Time Frame M30 (click to zoom)

The Nibiru MT4 trading system works on every currency pair and we recommend to use it for 30 min or higher.

Using Forex channel reversal trading system

Forex channel reversal trading system used a strategy based on four indicators which signify buying and selling signal. It uses an indicator named Adaptive Laguerre Filter look 20, median 5 TMA band modified (half length 56, Band Deviation 2.5), Special Awesome modified and Double CCI with EMA: trend period 70, entry CCI period 30, SMA1- 30, SMA2 – 5, SMA3 – 2.

Forex channel reversal trading system

Buying signal: When the price close below the lower band wait that the price came back above the Laguerre filter, SMA1, SMA2, SMA3 of Trend CCI above the aqua line and the awesome histogram above the SMA line then place the initial stop loss below the lower band.

 

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Forex channel reversal trading system chart AUDUSD Buying & Selling signal, Time Frame M30 (click to zoom)

 

Selling signal: When the price close above the upper band wait that the price came back below the Laguerre filter, SMA1, SMA2, SMA3 of Trend, CCI below the aqua line and the awesome histogram below the SMA line the place initial stop loss above the upper band.

Download Forex channel reversal trading strategy and Trading system

You can download Forex channel reversal trading system for free by clicking the “Download” button located at the top right corner.

Create your own custom EA or indicator

If you would like to create your own custom indicator or an EA, please contact AtoZ team saying “I want to create my own EA/indicator,” and describing your desired tool. Also, don’t miss out on various other indicators and EAs you can find in our database here.

How do you install an indicator?

In order to install Forex channel reversal indicator on your MT4, you need to:

1. Click on “Download” button above to download Forex channel reversal indicator;
2. Save the file to your computer;
3. Extract and move the files into [terminal];
4. Restart your Metatrader platform;
5. Navigate to “Templates”;
6. And select “Forex channel reversal” template to apply it on the chart;

Note: Forex channel reversal trading system was developed by Andy Trader and sent by an AtoZforex follower from Norway, Kristoffer. AtoZforex does not carry any copyrights over this trading tool.

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