219# Wick Scalping Trading System
Submit by joy22 07/06/2012
Setup 5 min
Currency pairs:EUR/USD, GBP/USD
Spread: max 0.00013
Wick Atr H1 Scalping
Time Frame H1.
Wick 0.3 (atr true; katr 0,4).
Wait that the wick indicators is below or touches atr lower band after Buy at the open of the next bar,only, if the closure is greater than the half of the bar.
Wait that the wick indicators is below or touches atr higher band after Sell at the open of the next bar,only, if the closure is minor than the half of the bar.
Stop lossthe low or high of the previous bar.
Profit Target10 pips-12pips
In the picture Wick Atr H1 Scalping in action.
Metatrader 4 Template
Template wickatr h1.rar
compressed file archive [588 Bytes]
Share your opinion, can help everyone to understand the forex strategy.