83#Open Scalping Volatility Trading System

Submit by Janus Trader ( written by Nix)

 

Time Frame 5 min.

Currency Pairs: Majors.

 

Indicators

nonlagdot‎

Volatility Pivot Open‎

precentualzz_victor

PriceTrigger

 

LONG ENTRY

If Price trigger == (1) and the candle above the trigger opens ABOVE the orange volatility 
pivot you enter LONG.

  • SHORT ENTRY

    If 
    Price trigger == (-1) and the candle above the trigger opens BELOW the orange volatility pivot you enter SHORT.

  •  

  • EXIT RULES

 

  • I have spotted 2 (or actually 3) EXIT scenarios:

  1. Exit at the opposite Price Trigger Signal (see box B)

  2. Trail your STOP LOSS using the value of the VolatilityPivot indicator (see box C where the LOW wick of the last candle in the box crosses the Volatility Pivot)

  3. Exit when a candle closes with an opposite nonlagdot (for example: if we go LONG we wait for a candle to close with a RED nonlagdot, if we go SHORT we wait for a closed candle with a BLUE nonlagdot


 

In the pictures Open Volatility scalping forex system in action.

Volatility forex open
Volatility.Pivot.Open.rar
compressed file archive 952 Bytes
Templete Open scalping volatlity
pzz.rar
compressed file archive 884 Bytes

 

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