Hi FF Friend. Today I'm will present the system call 3X ATR system that i found found YouTube
This is simply system. use 2 basic indicator. (this testing result for XAUUSD)
Indicator
1. ATR8 period
2. EMA260 period
Entry / Exit
BUY ( only buy when price above EMA260)
1. Looking for setup candle , mostly are "Big candle"
2. Hi-Low of the big candle must be greater than three time (3x) of ATR8 (see the picture for more clearly.)
3. Open buy at the next candle.
4. SL at the open of set up candle , and set TP for 1:1.5 RR
SELL ( only buy when price under EMA260)
opposite condition of Buy entry
Entry / Exit
TP/SL
The result of 100X tested
This system credit to Sharing trade school YouTube channel
This is simply system. use 2 basic indicator. (this testing result for XAUUSD)
Indicator
1. ATR8 period
2. EMA260 period
Entry / Exit
BUY ( only buy when price above EMA260)
1. Looking for setup candle , mostly are "Big candle"
2. Hi-Low of the big candle must be greater than three time (3x) of ATR8 (see the picture for more clearly.)
3. Open buy at the next candle.
4. SL at the open of set up candle , and set TP for 1:1.5 RR
SELL ( only buy when price under EMA260)
opposite condition of Buy entry
Entry / Exit
TP/SL
The result of 100X tested
This system credit to Sharing trade school YouTube channel