304 # Scalping system with Bollinger Bands Stochastic and RSI

Scalping Forex Strategy CVN Signal

Submit Janus Trader 18/03/2013

 

Time Frame 1 min, or 5 min.

Currency pairs majors.

Metatrader Indicators:

CVN Signal ( modified for this strategy to see in the code);

RSI ( 9 period);

Stochastic ( 8, 5, 3,).

 

Buy

Price breaks lower Bollinger Bands bands;

RSI (9 period)<25;

Stochastic<20.

 

Sell

Price breaks upper Bollinger Bands bands;

RSI (9 period)>75;

Stochastic>80.

 

Take Profit of 5 to 10 pips or midlle band.

Stop loss 15-20 pips


 

scalping system with bollinger bands, rsi and stochastich
scalping trading system with bollinger bands, rsi and stochastich
scalping system with bollinger bands, rs
compressed file archive 996 Bytes

 

In the pictures below Scalping system with Bollinger Bands Stochastic and RSI in action.

Scalping system with Bollinger Bands, Stochastic and RSI
Scalping system with Bollinger Bands, Stochastic and RSI
Scalping system with Bollinger Bands, Stochastic and RSI
Scalping system with Bollinger Bands, Stochastic and RSI

CVN Signal

CVN Signal Metatrader Indicator
CVN Signal.rar
compressed file archive 1.5 KB

 

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 3
  • #1

    Yashodhan (Saturday, 05 July 2014 20:36)

    Thts a pretty good system....thanks for sharing....

  • #2

    Mike (Tuesday, 30 December 2014 10:47)

    Thats bull shit, its only opening position... as usual, there is no information, when to close the trade...

  • #3

    Abdullah (Tuesday, 21 July 2015 18:30)

    Hi
    i use almost same strategy with 1 more condition and its work very well.
    for Buy position the Moving Average 50 should be Above Moving average 100 ( Moving average smoothed defuilt setting to close )

    The target for the buy the upper bolinger band

    The opposite for the sell position.

    Its amazing i trade it manual and i need an EA if you can do it for me.

    Regards

    Abdullah
    My email : amamayouf@gmail.com

1 min Scalping system