Forex Channel Gain is a forex trading system. The Forex Channel Gain is a swing trading forex trading system. The Forex Channel Gain is highly profitable forex trading system. The Forex Channel Gain is a very simple yet very powerful forex trading system. The Forex Channel Gain can be used in timeframes like 5 minute, 15 minute, 60 minute, H4, and daily time frames. When you trade in the direction of the major trend you have the higher possibilities of winning that trade. So, when you use Forex Channel Gain forex trading system to trade in the markets, just trade in the major direction of the trend.
When you install Forex Channel Gain in your trading platform, your chart should look like this:
- Besar
Besar indicator is the two bands that you see in the main chart window. The upper band of the besar indicator acts as a resistance and the lower band of the besar indicator acts as a support. \
- Adaptive Laguerre Filter
Adaptive Laguerre Filter is a middle band of the besar indicator. This middle band helps to determine the trend of the market. When the market is above this middle band, it indicates buying signal and when the market is below this middle band, it indicates selling signal.
- AQ
AQ consists of histogram which fluctuates in positive and negative territory. When the histogram is in positive territory it indicates bullish sentiment and when the histogram is in negative territory, it indicates bearish sentiment.
- Trend CCI
Trend CCI consists of oscillators which fluctuate in sportive and negative territory. When the oscillators are in positive territory, it indicates buying signal and vice versa.
Buying Conditions Using Forex Channel Gain.
- Market should be up trending.
- Market should be bouncing from the recent swing low.
- Market should bounce from the lower band of the besar indicator.
- Market should be above the middle band.
- The AQ indicator should be in positive territory.
- The Trend CCI indicator should be in positive territory.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the market touches the upper band of the besar
Selling Conditions Using Forex Channel Gain.
- Market should be down trending.
- Market should be pulling back from the recent swing high.
- Market should pull backfrom the upper band of the besar indicator.
- Market should be below the middle band.
- The AQ indicator should be in negative territory.
- The Trend CCI indicator should be in negative territory.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the market touches the lower band of the besar
Download Free Forex Channel Gain Strategy
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