166# ATR Trend Strategy
Trend Following Intraday
Dots color, Ma color with Atr
ATR Trend Strategy is a classic intraday strategy trend following based on moving average, parabolic sar and Atr. You can apply this strategy a more currency pairs at the same time. This is a winning strategy happy pips.
This strategy is also suitable with median renko chart.
Time frame 30 min or 60 min.
Currency pairs Majors and Minors
MA Color (period).
ATR Stop V.3 (20 , 2).
Simple moving average 60 period, median price, as filter.
Pivot point levels
Dots color default setting.
Trading Rules ATR Trend Strategy
Gold rule: find the currency pairs in trend at the 4H time and apply this template. Trades only in the direction of the main trend.
Price above Ma simple 60 period.
MA Color aqua color.
Xsupertrend candles green.
Dot colors below the candle.
Atr blue dot below the candle.
Price below Ma simple 60 period.
MA Color red color.
Xsupertrend candles red .
Dot colors above the candle.
Atr blue dot above the candle.
Profit Target 20-25 pips or at the pivot points levels.
Stop loss at the levels of ATR stop blue dot for bue, white dot for sell.
Exit loss position if the price dot not hit tp and It's going against our direction with Ma color and dots color that changed color.
In the pictures ATR Trend Strategy in action.
Share your opinion, can help everyone to understand the forex strategy.
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