514# Dax Scalping

Scalping with the trend

Submit by Ifogenius6 09/04/2016

 

Dax Scalping is a system trend following very simple and clear. This system was created for Dax but can also be used on other stock indices and major forex pairs.

Time frame 5 min or higher.

 

Financial Markets: Dax, S&P 500, Dow, FTSE, CAC40, MIB30 and other indices, EUR/USD, GBP/USD, USD/JPY, USD/CAD.

Metatrader Indicators:

Confirm1 (line dot blue and line dot red);

Confirm2 (dot blue and red);

Confirm3 (dot blue, dot yellow and red);

 

You can use this trading system as a filtering tool, of other indicators of arrow.

In this case it is very efficient.

 

Trading rules

 

Simple buy entry

line dot blue crosses above line dot red.

Confirm 2 blue dot,

Confirm 3 indicator two blue dot.

 

Simple sell entry

line dot red crosses above line dot blue.

Confirm 2 red dot,

Confirm 3 indicator two red dot.

 

When the confirm 3 has a yellow dot the direction is flat.

 

Another type of entry is on the retracement of the price on the lines, for experts.

 

Exit positions:

 

at the opposite cross, with predetermined profit target or at the pivots levels.

In the pictures, Dax scalping in action.

Dax scalping in action
Dax scalping in action
Dax scalping trading system
Dax scalping trading system
Dax Scalping trading system
Dax Scalping trading system
Dax Scalping
514# Dax Scalping.rar
compressed file archive 9.2 KB
Comments: 2
  • #2

    Praveen kumar (Sunday, 23 October 2016 12:41)

    Hi does this system still works. How abt repainting... do it repaint. And what is preferable time frame.

  • #1

    Fred (Sunday, 10 April 2016 18:08)

    Hi Ifogenius , thank for your nice system.
    Confirm 2 and Confirm 3 indicators does repaint ?
    Thank you for replay.
    Fred