297#Scalping System with Color Stochastic

Scalping System

Submit by Ghirus (US) 22/02/2013

 

Time Frame 5 -15- 30 min

Currency pairs any.

Scalping System Metatrader indicators:

Color Stochastic short term (15,3,9, LWMA, High/Low 80-20);

Color Stochastic long term (30,16,18 LWMA Close/close 90-10);

Bollinger Bands (20: 2).

 

Stochastic Color

color stochastic scalping

Buy

The two color stochastic be green at the same time.

The price is below lower band of the Bollinger Bands and it is for a pullback to reentry into the bands.

We buy on tick up of fast stoch with green candle.

 

Sell

The two color stochastic be red at the same time.

The price is below upper band of the Bollinger Bands and it is for a pullback to reentry into the bands.

We sell on tick down of fast stoch with red candle.

 


Stop loss

for buy 5 pips below lower band.

For buy 5 pis above the upper band.

 

Profit Target

2 pips before that the price touches the middle band.

 

Stochastic Color
Forex Stochastic Color
StochasticColor.rar
compressed file archive 3.7 KB
color stochastic scalping
color stochastic scalping
color stochastic scalping
color stochastic scalping
color stochastic scalping
Forex Signal color stochastic scalping
color stochastic scalping.rar
compressed file archive 4.7 KB

 

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