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Forex Channel Trading system with Bollinger Band Alert Sound

Forex Channel Trading system with Bollinger Band Alert Sound
Click to enlarge
Price: $15 $9
Availability: In Stock
Model: 101
Manufacturer: Missionforex
Average Rating: Not Rated

Forex Channel Trading system

 

Forex Channel Trading has developed our own trade system this year to take advantage of Adaptive Price Channel based trading. We have tested Forex markets using a range of indicator formulas to verify the best price channels available to the Forex trader. Forex Channel Trading specializes in price action based trading through the use of adaptive price channels. Using “adaptive” price channels that automatically adjust to changes in volatility is a major strength of our overall system. Through extensive testing, we completely understand the benefits of a structured approach to price action “benchmarking” with price channels. We prefer polynomial regression style price channels to identify optimal entry points, profit target locations, and trend direction guidance. The integration of non-time based price charts, with unique formula price channels, leads to an efficient trading method. Our simplistic trade system was developed with range bar and heiken ashi candlesticks to benefit from smoothed price action plots and multiple time frame flexibility.

The effective Forex Channel Trading System uses a very unique Forex price channel to differentiate the best BUY and SELL zones. The Forex Channel Trading system pin-points BUY side entries off the lower blue channel zone and pin-points SELL side entries off the upper red channel zone. The BUY or SELL side entries are qualified by separate trend watch indicators. The upper indicator region measures trend shiftsand the lower indicator region measures trend strength. Our trade system will fit well with traders who like to trade varrying time frames. The Heiken Ashi candlestick chart time frames are adjustable for scalping, position trading, and swing trading. We utilize “non-time” based chart time frames for our system, and you can adjust the candlestick “pip sizing” to set your chart time frames as needed – complete flexibility! The Forex Channel Trading indicators self-adjust to changes in volatility which is critical in these modern news driven markets.

Our system is very straight forward and designed for quick learning, it should take only 3 to 5 trade days to learn this simple approach. The Forex Channel Trading method includes all the indicators you see, indicator settings, chart templates, and trader adjustable variablesYou have the ability to adjust items like indicator colors, indicator parameters, time frames, etc. This Forex method has several basic rules which can be followed without the “brain lock” seen in most of the overly complicated systems. The Forex Channel Trading system was created to trade profitably with both market order or limit order entry types. You will not experience adverse performance decay while using market order entries. For a beginning trader, this is a key advantage with the Forex Channel Trading method. Usually newer traders don’t have established “quick response” limit order trade entry techniques. You can trade this system all day long with just market order entries if you wanted to. This system was built for easy trading right from the start and you can always use limit order entries if that is your preference.

Forex Channel Trading is a structured system designed to keep you out of the lower volatility chop, by only taking trades at the price channel zones. The system is also filtered by the lower region trend strength indicator, to keep you away from countering strong trends. This is a designed feature which is critical for higher probability trading. We all know that market chop and hard trends are usually the two worst price action environments. That type of common price action tears up most traders, and we developed the Forex Channel Trading method specifically to handle these conditions through a well designed system.

One built in feature which is critical to the success of the Forex Channel Trading system is the designed money management. As you enter trades, with tight stops, the mid channel and far channel targets work out to well over 1:2 risk to reward trading. There are several money management options offered within our training material to clearly explain your trade management options. The video training is simple to follow and all the basic system rules are broken down one-by-one. We do cover indicator installation and charting template installation for the MT4 platform within our in-depth private access video training. The Forex Channel Trading system also includes a .pdf manual which is clear to understand. The downloadable training document has text instructions and images to document our few system rules. You will find that installing our trading tools and learning the overall system will take about one day of dedicated training. We suggest using the rest of one trading week to watch the system live and get used to the entry signals. This trade system is not complicated and we do not build systems that take weeks or months to learn.

Forex Channel Trading is providing the first 250 traders limited access to our best new system for a one time fee of $97.00 . After the first 250 traders take advantage of this offer we will adjust pricing upward to enhance our ongoing support. This is one of the few simple to follow trade systems available at this time that can be utilized within a few days of system purchase. If you are looking for an “easy to learn” trading method, that is effective at trading profitably, then we recommend taking immediate advantage of our limited release offer. As you can see from the images below, we have a tight system that makes sense right away after you see the cut and dry trade entry points. Take a look at the various trade entries documented below and see if you can figure out how to use this system in your own trading. Our trade entry triggers are visually clear as you can see in some of the trade examples…

Basic Trade Entry Rules

 

I am sure you can see from the trade entries indicated in the images above this is not a hard system to understand. Let’s go through some of the basic rules for trade entry;

1) BUY at green candlestick close and SELL at red candlestick close (market order or limit order entry of your choice)

2) BUY when set up occurs at or below blue channel zone and SELL when set up occurs at or above red channel zone

3) BUY when trend shift indicator plots blue bar and SELL when trend shift indicator plots a red bar

4) BUY when trend strength indicator has “hook up” plot and SELL when trend strength indicator has “hook down” plot

Here is an algorithmic logic string for a LONG trade entry;

–> Price at or below blue channel zone [YES] –> Green candlestick close [YES] –> Trend Shift plots blue bar [YES] –>Trend Strength has “hook up” plot [YES] –> Enter trade LONG.

Forex Channel Trading system with Bollinger Band Alert Sound

Forex Channel Trading system with Bollinger Band Alert Sound

Forex Channel Trading system with Bollinger Band Alert Sound

Forex Channel Trading system with Bollinger Band Alert Sound

Forex Channel Trading system with Bollinger Band Alert Sound

Forex Channel Trading system with Bollinger Band Alert Sound

forexchanneltrading.rar :
FastTMALine.ex4
HeikenAshi3.ex4
Repulse 2.ex4
smFisherTransform3.ex4
TrendWave.ex4
fct1.tpl
FCTmanual1.tpl


BONUS SPECIAL:Bollinger Band Alert Sound

Indicator has been programmed for bollinger band indicator to be voice activated. There's a voice alert when the candle high breaks the band high, and when the candle low breaks the band low.

There is an adjustable limiter for the speech reporting. The AlarmDelay is the number of seconds the voice must wait to speak, after speaking. The robot voice was made using the MS Speech API. The wav files go in your metatrader 'sounds' folder.

AlertboxOn will turn the alert box on and show the candle, cross point and the high/low price.

There's lots of options so you can set it to your own preferences.

Forex Channel Trading system with Bollinger Band Alert Sound

Some indicators have unique speech characteristics, for instance the CustomCandles indicator now has tombstone, dragonfly, four price, and marubozu speech.

The package is shaping up to be an excellent educational tool that showcases the unique qualities and mechanics of Forex in 'realtime', its an immersive and interactive experience.

BandsDrawRange is how far back to draw the lines.

CandleAlertRange is the scope of the alert, in candles, starting with candle zero. If its' set to 1 then you will get alerts for candle o and 1.

DrawBands - Hide or Show Lines
BandsDrawRange- ( in candles ) Number of Candles to Draw.
BandsPeriod - ( in days ) Number of days for SMA calculation.
BandsShift - Moving Average Shift. Indicators line offset. ( default 0 ) BandsDeviations - Multiplication factor
BandsAlertBoxOn - Turns on the Alert Box window.
SoundAlert High/Low - Turns on the High and/or Low Band Alert.
AlarmDelay - Time delay for Speaking and the Alert Box.
Counter - Simple Counter ( default 0 )
CandleAlertRange - ( in candles ) described above.

The indicator also needs data coming from the server to speak, Sun-Fri.

Forex Channel Trading system with Bollinger Band Alert Sound


 

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