154# MHDMT with Momentum Scalper
MHDMT filter for trading
Submit by Lukas 22/09/2015
MHDMT with Momentum Scalper is a trading system for intraday trading but also for swing. This method is also good for trading with binary options high/low. MHDMT with Momentum Scalper is a trend-momentum strategy.
Time frame 5 min or higher.
Financial markets: any.
Sessions : London and New York with time frame 5 min, 15 min and 30 min.
Expiry time for Binary Options High/Low 3-4 candles.
MHDMT ZT History;
MHDMT Gray Belt;
Trading rules MHDMT with Momentum Scalper
RED Bull Range only Buy do not short,
Green Bear range only short do not long,
Bias interval: long and short two ways ( I recomended flat)
RED Bull Range
Red Bar bar momentum scalper or red/white bar (above 0 level).
X(ma) above grey belt (magenta channel) ( for scalping you can use only this condition without Momemtum scalper)
Green Bear range
Red Bar bar momentum scalper or red/white bar (below 0 level).
X(ma) below grey belt (magenta channel) ( for scalping you can use only this condition without Momemtum scalper)
Exit position for scalper fast profit target, initial stop loss 10 pips below/above of the entry bar.
In pictures the MHDMT with Momentum Scalper in action.