162# Parabolic Sar,Stochastic and ITM
Parabolic ITM strategy
Submit by Neptune 22/10/2015
Parabolic stochastic and ITM is a trend-momentum strategy for trading intraday and scalping in the financial markets good also for binary options high/low.
Time frame 1min or higher.
Markets: Forex, Indicies and Commodities.
Expiry time 5-7 candles.
Bands /20, 2),
Magnified Market price,
Moving average 50,
Support and Resistance (SR 3, SRZZ 90, Main RZZ 100, FP 120, SMF 3) this setting only time frames (1 min, 5 min and 30 min).
Super Indicator V.2 nrp.
In the sub windw chart:
Stochastic oscillator (5, 3, 3),
Alfa profit buy arrow confirmed by following conditions:
price above Support;
Stochastic in oversold area or crosses upward but not in overbougth area;
ITM bar red or green bar in decline;
Parabolic below the price.
Alfa profit sell arrow confirmed by following conditions:
price below resistance;
Stochastic in overbought area or crosses downward but not in oversold area;
ITM bar green or red bar in decline;
Parabolic above the price.
Exit position for intraday trading and scalping with predetermined profit target or at the pivots levels. Place initial stop loss at the previous swing high/low.
In the pictures Parabolic Sar,Stochastic and ITM strategy in action.