401# SSL Bar Scalping System

SSL Bar with IN10Tion newsreader lite

 

Submit By Mike Trader 29/11/2013

 

SSL Bar Scalping System is a intraday MTF forex strategy.

Currency pair: EuR/USD, GBP/USD, USD/CHF, AUD/USD, GBP/JPY, EUR/JPY, NZ/USD, AUD/JPY.

Time Frame 15 min.

 Metatrader indicators:

 

IN10Tion newsreader lite V 9.99(the last version, require CPU) it will remind you economic news releases, session open and close times;

SSl Bar (set 240 min);

SFX MCL ( 13, 6, 2);

Fibo pivot daily indicator.

Download Template and indicators and apply into your metatrader 4.

 

Rules for SSL Bar Scalping system

 

Trade only between 06:00 GMT and 21:00 GMT. Ignore the signals generated after these hours.

 

This is SFX MCL indicator determine buy or SellThe red line shows daily open value.SSL bar which detects trend on larger time frame.

 

Buy

Go long (buy) when SFX MCL crosses upward and SSL bar are green.

Sell

Go short (sell)when SFX MCL crosses downward and SSL bar are red.

 

 

Exit position SSL Bar Scalping system

Take profit: 30 pips or at the levels of the fibopivot daily.

Initial Stop-loss: 30 pips .

SSL Bar Scalping System
SSL Bar Scalping System
SSL Bar Scalping System (Template and Indicators
SSL Bar Scalping System.rar
compressed file archive 127.0 KB
INOTION NewsReader Templates
! IN10TION_templates.rar
compressed file archive 10.7 KB