260# 2 Minute Goldmine
Trend following pullback system
Support and Resistance as filter
2 Minute Goldmine is a trend following system based on pullback of the price and the breakout of levels of support and resistance. The strategy has also two filters of momentum Value chart and Money Flow Index.
Time frame 1 min.
Expiry time 2 minute.
Currency pairs: minors and majors.
Metatrader 4 Indicators
Fractals
Ichimoku (9, 26, 52).
Resistance and support MTF (current time frame).
Money flow Index period 2.
Rules 2 Minute Goldmine
Call
1 Price breaks the resistance.
2 Money flow index touches zero level.
3 Value chart bullisch Divergence.
If you have all three factor take a 2 minute trade.
Sell
1 Price breaks the support.
2 Money flow index touches 100 level.
3 Value chart bearish Divergence.
If you have all three factor take a 2 minute trade.
