386# 3 candles reversal intraday system

3 candles reversal with pivot point levels and stochastic indicator

 

Submit by joy22

 

This is an simple Scalping System that works also at the higher time frame , 3 candles reversal intraday system is based on the reversal indicator.

 

Time Frame 15 min, 30 min or higher but with support and resistance indicator.

Financial Markets:any.

Session: London and New York.

 

Forex indicators:

reversal indicator V.2 Numbers of Candles (3) this indicator not reapint;

Pivot Points levels;

JMO indicator ( 3,3,3).

 

Rules: 3 candles reversal intraday system

 

Long Entry

Wait that appears the buy arrow;

Buy when the JMO indicator cross upward.

 

Short Entry

Wait that appears the sell arrow;

Sell when JMO Indicator cross downward.

 

Exit

With fast profit target (15 min: 8-10 pips, 30 min: 12-16 pips or at the pivot points levels).

Stop loss 15 pips below or above the entry bar.

3 candles reversal intraday system Template and Indicators

3 candles reversal intraday system
3 candles reversal intraday system Template and Indicators.
3 candles reversal with pivot point levels and stochastic indicator.
3 candles reversal intraday system.rar
compressed file archive 23.1 KB

In the pictures 3 candles reversal intraday system in action

3 candles reversal intraday  system
3 candles reversal intraday system
3 candles reversal intraday  system
3 candles reversal intraday system

Write a comment

Comments: 7
  • #1

    helmut (Tuesday, 15 October 2013 15:01)

    Hi Joy .
    Why this system is called "3 candles" ? maybe because you have to open a trade within 3 candles, after the arrow ?
    Please let me know , thanks.

  • #2

    Forextradingstrategiesresources (Tuesday, 15 October 2013 17:18)

    Reversal indicator has 3 candles reversal,
    admin

  • #3

    helmut (Wednesday, 16 October 2013 16:17)

    Sorry admin , but I don't understand your answer...

  • #4

    Forextradingstrategiesresources (Wednesday, 16 October 2013 17:08)

    The setting of the reversal indicator is 3 Bars (candles).

    Of this system to the site have posted the version for Binary Options, I'm considering whether to post and share. On Binary options do not publish all the systems that they send us.
    Thanks
    admin

  • #5

    nguyen (Friday, 01 November 2013 02:29)

    i'm just following this method..but i see many false signal when don't have indicator. and when i use your indicator the false signals decrease..so thank you for sharing what i'm looking for(sorry my bad english :D)

  • #6

    Raj (Saturday, 30 November 2013 17:40)

    Anyone tried this?Does this works on lower TF?

  • #7

    David (Thursday, 02 April 2015 23:37)

    Es posible añadir a el indicador una alerta con mensaje, cada vez que aparece la flecha?