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.
Metatrader Indicators:
MHDMT ZT History;
MHDMT Gray Belt;
MHDMT XMA;
Momentum Scalper.
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)
Buy
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)
Sell
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.
Share your opinion, can help everyone to understand the forex strategy
jesus (Tuesday, 17 April 2018 18:05)
muy bueno como identifica los cambios de tendencia
Gab (Tuesday, 10 November 2015 04:08)
This is a good system. Thanks
Hiro (Friday, 25 September 2015 18:05)
Amazing!!