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