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“Flat Filter & Residual Impulse” Strategy – A Volatility Based Forex Trading System

“Flat Filter & Residual Impulse” Strategy – A Volatility Based Forex Trading System

Strategy Flat filter & Residual impulse is a trading strategy that can be applied to major currency pairs. Works on all timeframes. To implement the Flatfilter & Residualimpulse strategy, the Flat_Detector indicator is used.

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The strategy involves opening positions when an impulse is detected using the Flat_Detector indicator.

Conditions for entering a long position

For a long position, the following conditions of the strategy must be met:

  • A deal is opened immediately upon the detection of these conditions.
  • Stoploss is set at the minimum of the last closed candle.
  • The deal closes when the red line of the indicator crosses the upper boundary of the channel from top to bottom.

“Flat Filter & Residual Impulse” Strategy – A Volatility Based Forex Trading System

Conditions for entering a short position

For a short position, it is necessary to fulfill the same conditions, but in the opposite direction.

  • A trade should then be opened when these conditions are detected.
  • Stoploss is set at the maximum of the last closed candle.
  • The deal closes when the red line of the indicator crosses the lower border of the channel back from the bottom to the top.

“Flat Filter & Residual Impulse” Strategy – A Volatility Based Forex Trading System

Conclusion

The Flat filter & Residual impulse strategy, as can be seen from the description, is completely built on the Flat_Detector indicator. Using this trading strategy, try to observe its simple conditions. Since the take-profit is not set according to the rules of this strategy, and the deal is closed depending on the situation, it is necessary to observe and control the progress of the deal.

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