BAT Strategy Trading System

BAT Strategy Trading System is a follow trend trading system. It's based on the signals of 2 forex indicator : BAT ATR Indicator and Fibonacci Retracement.

Currency Pairs : Any pair.

Time Frame : 15 min or higher (H1 for best time frame).

Indicators :

• BAT ATR : Period 5, Factor 4
• Fibonacci Retracement

BAT Strategy Trading System Rules

Setting Fibonacci Retracement :

• Level 0 = Swing level (Stop-Loss)
• Level 0382 = Entry 4 (last entry)
• Entry Level 0.5 = 3
• Level 0618 = Entry 2
• 1.00 = Entry Level 1 (or Target for entry 4 and 3)
• Level 1618 = Target 1 (or Common Target for entry 2 and 1)
• Level 2618 = Target 2 (target Extreem, Strong movement)

Naturally, the decision of many entry points depending on your own personal, entry doesn't have to follow the setting above. You can use one or two Entry Level line according to efficiency. BAT ATR Indicator v.1 will display the blue as the Support and red lines as the Resistant, which will dynamically follow the fluctuations of prices. If the price of trying to test Support or Resistant, it's time to use "BAT Strategy".

1. Price before in Uptrend conditions, and then try to test the Support price (blue line).

2. Price has the chance to :

• Support prompt breakout.
• Bounce back away from Support price.

In the picture above is a scenario to get the chances down trend, so the draw Fibonacci Retracement, starting from high point to the Support line (blue line).
Yupz, you already realize the Fibonacci levels now. You can edit it to adjust the levels according to the settings above.

3. If the price momentum to break down the very strong Support, you can directly take a position 'SELL' at 1:00 Fibo level (blue line support). However, it's recommended to wait for prices to retrace first, you know it has a risk and reward is better.

4. You can wait for prices to retrace up to the 0618 level, 0.5 level, and the last level of 0:38. or you can also put 'SELL LIMIT' at these levels.

5. Stop-Loss is a level 0 (swing high), when the price to move past the bearish scenario has failed.

6. Take a normal profit is at 1618 level, but if the price has a strong momentum the profit level of 2168 is the next target.

Note :

The above conditions are trending movement, what if the price ranging?

You can exit or place the target level of profit in just 1:00, for any of your entry, both Entry Level 0:38, 0.5, and 0618. You still have the risk and reward is very good.

Don't forget to Stop-Loss, because it's the last limit of this BAT Strategy scenario revealed a success or not.

Credit : Maximo Trader

Free Download BAT Strategy Trading System

Download BAT ATR v.1