ATR stop and reversal professional MT4 (Source Code)

ATR stop and reversal professional MT4 (Source Code)

$5.00

It works like a magic!

As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.

Christina K

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Content: Indicators: bbsqueeze.mq4, HPT – ATR Trend.mq4, Key Levels.mq4, PET-D.mq4 (Unlocked-Source Code), Template: ATR stop and reversal professional.tpl,  NO MANUAL.

 

ATR Stop and Reversal Professional Trading SystemThis intraday trading strategy utilizes the ATR Stop and Reverse indicator, enhanced by Bollinger Bands Squeeze and Pet-D (a custom RSI bar-like indicator), to generate accurate buy and sell signals for major currency pairs.

Key Indicators:

  1. Pet-D (RSI-like candle)

  2. Bollinger Bands Squeeze (Yellow dots indicate no trade during flat markets)

  3. ATR Trend

    • Mode: 0

    • Delta Price: 0.03

    • Multiplier: 2.0

    • ATR Period: 10

  4. Key Levels

Trading Rules:

Buy Signal:

  • ATR Trend: Aqua-colored dots

  • Pet-D: Green color

  • Bollinger Bands Squeeze: Green color

  • Action: Enter at the opening of the next bar when all conditions align.

Sell Signal:

  • ATR Trend: Red-colored dots

  • Pet-D: Red color

  • Bollinger Bands Squeeze: Red color

  • Action: Enter at the opening of the next bar when all conditions align.

Exit Rules:

  1. Profit Taking:

    • Exit when ATR Trend changes direction.

    • Alternatively, exit at the predetermined profit target or when price reaches key levels.

  2. Stop Loss:

    • Place your stop loss below/above the key levels.

Time Frame: 5 min or higher

Currency Pairs: Majors

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