The 3X ATR Trading system tested 100X re
Hi FF friends. Today I'm going to introduce the system call 3X ATR system that I found on YouTube. It's simply a system. Use 2 basic indicators. (This test result is for XAUUSD)
index
1.ATR8 era
2. EMA260 period
Enter/Exit
Buy (only buy if price is above EMA260)
1. Look for installation candles, mostly "big candles"
2. The Hi-Low of the large candle must be greater than three times (3x) of ATR8 (see the picture for more clarity.)
3. Open a buy position at the next candle.
4. Set a stop loss at the opening of the set candle and set the target price to 1:1.5 RR
Sell (Buy only if price is below EMA260)
Buy entry conditions are opposite
Enter/Exit
TP/SL
100X test results
This system is credited to the Share Business School YouTube Channel
index
1.ATR8 era
2. EMA260 period
Enter/Exit
Buy (only buy if price is above EMA260)
1. Look for installation candles, mostly "big candles"
2. The Hi-Low of the large candle must be greater than three times (3x) of ATR8 (see the picture for more clarity.)
3. Open a buy position at the next candle.
4. Set a stop loss at the opening of the set candle and set the target price to 1:1.5 RR
Sell (Buy only if price is below EMA260)
Buy entry conditions are opposite
Enter/Exit
TP/SL
100X test results
This system is credited to the Share Business School YouTube Channel
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