Forex Super Signal Channel “Buy Low Sell High” Price Action Trading Strategy

High Accuracy “Forex Super Signal Channel Engulfing Price Action Strategy” – Super Signals Channel System is another version of the construction of the price channel trading system, giving the signals of sufficiently high accuracy on any instruments and time periods.

Price action trading means basing your trading decisions on the price movements of an asset. You won’t use indicators or other methods of analysis, or you’ll give them very little weight in the trading decision process.

• Time Frame: M5 or higher
• Currency Pairs: Any

 

• Super Signals Channel
• Commodity Channel Index

Many price action strategies exist. One very common price action strategy is called a sell high buy low. “Buy low, sell high” is possibly the most famous adage about making money in the forex markets, and it’s so obvious it sounds like a joke. In reality, it’s a lot easier said than done.

Super Signal Channel indicator is a good tool for this strategy.

 

• Download “ForexWOT.Com-SuperSignalChannelSystem” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT.Com-SuperSignalChannelSystem.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT.Com-SuperSignalChannelSystem” trading  system and strategy
• You will see “Super Signal Channel “Buy Low Sell High” Price Action Trading System” is available on your Chart

 

• Super Signals Channel: Lime arrow below the previous swing low
• Commodity Channel Index: Above level 30 line
• Price Action Signals: Inside Bar breakout

 

• Super Signals Channel: Red arrow above the previous swing high
• Commodity Channel Index:  Below level -30 line
• Price Action Signals: Bearish Engulfing

 

By learning the “Buy Low Sell High” Price Action trading strategy, we can determine a market’s directional bias as well as trade from reoccurring price action patterns or price action setups that reflect changes or continuations in market sentiment.