Quantum super channel intraday trading strategy
Quantum super channel trading strategy is based on the principle of trading in the channel with the use of oscillator signals to confirm the signals. It is optimal to use the strategy for intraday trading on small timeframes M5 and M15. It is recommended to choose currency pairs with a smoother movement, without sharp jumps.
Input parameters
- Currency pairs: any.
- Timeframe: M5, M15.
- Bidding time: London, New York.
- Risk Management: After calculating the stop loss, choose this lot sizeto risk no more than 2-5% of the deposit per trade.
Used indicators
- Quantum super channel;
- Ema Neural;
- Super Trader trend;
- Stochastic oscillator (11, 3, 3);
- MTF Stochastic (11, 3, 3).
Setting up the price chart
- Unpack the archive.
- Copy the template into the templates folder.
- Copy the indicators to the folder MQL4 -> indicators.
- Restart the terminal.
- Open the chart of the desired currency pair.
- Install the template with the name Quantum Super Channel with NN.
The schedule should look like this:
Signals indicating the opening of a long position (buying)
- The moving average crosses the center line of the channel from bottom to top.
- The Super Trader Trend indicator is blue.
- Both Stochastics are directed upwards and are as close to the oversold zone as possible.
- A stop is placed just below the nearest local minimum.
Signals indicating the opening of a short position (sale)
- The moving average crosses the center line of the channel from top to bottom.
- The Super Trader Trend indicator is red.
- Both Stochastics are pointing downwards and are as close as possible to overbought area.
- A stop is placed just above the nearest local maximum.
Additional recommendations
- Take Profit is put on the opposite border of the channel or used trailing stop.
- On the timeframe M5, it is recommended to trade with a channel width of at least 30 pips, on the TF M15 - at least 35 pips.
Download template and indicators
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