System for Forex trading “Volty Channel System”
Extremely powerful trading system “Volty Channel” generates highly profitable signals. A distinctive feature of the system is that it has a lot of indicators to confirm transactions. This feature makes it possible to use the system to trade different currency pairs, indices, commodities, stocks, options, etc. But the choice of a broker is important for trading different financial instruments.
The system includes more than a dozen indicators installed on the main chart and in the lower windows of the terminal. The main indicator of the system is “Volty Channel”, displayed on the chart with red and blue lines. The main principle of the system is to buy above the red line and sell below the blue line. An important element of the system is the “SHI True channel” indicator, which automatically draws channels.
The attached templates contain filtering indicators “Trix index”, “VQ bars”, “Super channel 3vd”, “Trend channel”, “MACD CCI MTF” and “WSS filter” located in the lower windows of the terminal. The most important of them, the “Trix index”, consists of a histogram and two oscillators. It is necessary to look for opportunities to buy only when the histogram is in a positive territory, and vice versa. Other indicators indicate the color of lines, bars, direction and color of arrows.
The link at the bottom of the article allows you to download the archive with indicators and two templates, which differ in the set of indicators. The Volty channel template is simpler, and Finsbury is more complicated. Depending on the trading style and timeframe, each trader can choose his own set. Here we will consider the scheme of a simplified scheme of work on the “Finsbury” template on hour and four-hour charts.
– There’s got to be a green shooter.
– The price should be near the lower limit of the SHI True channel.
– The VQH4 indicator should be green.
– The Trix index should be in a positive territory.
Set the stop-loss just below the recent low. Close the position when the yellow arrow or red candle bar appears. The stop-loss can also be set to the “Volty channel” level and moved as the change occurs.
– There’s got to be a yellow shooter.
– The price should be near the upper limit of the SHI True channel.
– The VQH4 indicator should be red.
– The Trix index should be in a negative territory.
Set the stop-loss just above the recent high. Close the position when the green arrow or green candle bar appears.
The stop-loss can also be set to the “Volty channel” level and moved as the change occurs. You can close positions according to the filter indicators.