ATR Channel scalping technique is an currency exchange technique in line with ATR Channel and the ZB Clouds strains indicator,that is a trend indicator.
For a conservative trading process, trades in route of the trend.
Setup for time period 30min and 60 min
Forex pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF,
Metatrader symptoms:
ATR Channel (20, 1, Multifactor zero.7);
ZB cloud strains (eight-28-34);
Regulations for ATR Channel Scalping Technique
Buy
The price is above the ZB Cloud strains;
Wait that a Red candlesticks candle closes below the ATR scale back band and buy at the hole of the following bar.
Promote
The fee is under the ZB Cloud lines;
Wait that a withe candlesticks candle closes above the ATR top band and promote at the opening of the next bar.
Initial Cease loss 20 pips.
Profit Target 25 pips after 17 pips in gain movement give up loss on the entry point.
That’s an exciting inspiration of trading that might be more advantageous.
ATR Channel Scalping Procedure
ATR Channel Scalping Technique
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