162# Parabolic Sar,Stochastic and ITM

Submit by Neptune 22/10/2015

Parabolic stochastic and ITM is a trend-momentum strategy for trading intraday and scalping in the financial markets good also for binary options high/low.

Time frame 1min or higher.

Markets: Forex, Indicies and Commodities.

Expiry time 5-7 candles.

Metatrader Indicators:

Bands /20, 2),

Magnified Market price,

Parabolic (0.02-0.2),

Moving average 50,

Support and Resistance (SR 3, SRZZ 90, Main RZZ 100, FP 120, SMF 3) this setting only time frames (1 min, 5 min and 30 min).

Alfa Profit.

Super Indicator V.2 nrp.

In the sub windw chart:

Stochastic oscillator (5, 3, 3),

ITM Financial.

Buy

Alfa profit buy arrow confirmed by following conditions:

price above Support;

Stochastic in oversold area or crosses upward but not in overbougth area;

ITM bar red or green bar in decline;

Parabolic below the price.

Sell

Alfa profit sell arrow confirmed by following conditions:

price below resistance;

Stochastic in overbought area or crosses downward but not in oversold area;

ITM bar green or red bar in decline;

Parabolic above the price.

Exit position for intraday trading and scalping with predetermined profit target or at the pivots levels. Place initial stop loss at the previous swing high/low.

In the pictures Parabolic Sar,Stochastic and ITM strategy in action.