87# Polygon Scalper Modified

Submit by Janus Trader

Polygn Scalper is a trend momentum trading strategy originally based on only two indicators, the first trend indicating the direction of the market and the second the entry timing. I added a third indicator as a trailing stop, but it can also be used aggressively as an entry timing in the direction of the major trend outlined by the trend analyzer of the original system. The result is a clear and simple trading system to use even by beginners.

Strategy Setup

Time frame 5 minutes or higher.

Currency majors and minors with low spreads, BTCUSD, ETHUSD, NASDAQ 100, CrudeOil.

Metatrader 4 indicators:

Polygon Trend (sensitive 10 periods);

Polygon Scalper arrow (default setting)

Volty Channel stop on Jurik atr 3.7;

Trading Rules

Trade in the direction of the main trend.

Market status is based on the most current colored background.

Buy

A buy signal occurs when the background is colored blue and a blue arrow appears on the chart.

Sell

A sell signal occurs when the background is colored red and a red arrow appears on the chart.

Exit position

Traling stop with Volty Channel stop on Jurik.

Profit Target 1;1.2

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