Channels are built by the last three extremes - the line on the two lower classes and the parallel through the vertex, or vice versa, a line of two vertices and two parallel lower classes. Lines are constructed from the maximum (minimum) value, ie the shadows of candles. The distance between adjacent extrema is not limited. There are "group extremes" - two or three candles with practically the same maximum (minimum).
Identify them as one extreme, the channel line draw over the top (bottom) of the right of them.
Position Opening - when you reach the channel - into the canal. The signal for the opening occurs when the price gets in the zone ± 5 points from the line of the channel. Number of lots continuously for a week (better - the whole month).
Stop with the turn at the opening: 50-70 points.
The purpose - the opposite boundary of the channel.
Permanently open only one position (with the selected number of lots). After opening a position focusing on the best exit from the market for this: When the distance from the opening price of 50 points (in the direction of profit) stop is moved to the point of discovery.
Then - at a distance of compression of 50 points every 10 points (trailing stop). When approaching the target value of compression is reduced. Compression of produced only in the direction of increasing profits, but never - to decrease. With a smooth reaching the channel (currently in!), Close position, and opening a new position in the opposite direction.
When firing the foot with a loss - the opening position to the opposite side to 57 points (spread). Principles of compression - the same. According to the new position is established stop order, without turning away 57 points. If the circuit second stop - a break in the trade for two days.
This strategy provides a clear take money from a measured movement of a currency pair. It is not recommended to sell a powerful news and in the case of the alleged abrupt change in trend. But the main thing - time to close the income, not to be greedy!
The strategy is designed for all levels of experience.