176# Super Support and Resistance Trading
Super Dynamic Scalping
Submit by Leandro 13/01/2016
Super Support and Resistance trading is a strategy very fast designated for high frequency traders.
This is a trend momentum system but there are also dynamic and static line of support/resistance.
Time frame 1 min, for scalping intraday 5 min or 15 min.
Expiry time for binary options high/low 3 candles.
Financial market any.
XS time frame 5 min,
XS time frame 15 min,
XS time frame 60 min,
XS time frame 240 min,
exponential moving average 60, close,
exponential moving average 200, close.
All pivots v. 4 buil 600,
Zone Tf 5,
Zone Tf 1,
Dynamic support and resistance:
Bands (2. 0 - 20),
Bands (2. 5 – 20),
Bands (3.0 – 20),
Bands (3. 5 – 20),
GSP ( alias Zig Zag pointer)
In first Sub window
Similar FX Mnt
Commodity channel index ( 8 period, close),
RSX-coron forex ( predictor indicator),
On Balance volume,
In second subwindow
Trading rules Super Support and Resistance Trading
The purpose of this template is to filter the signals of the probabilistic vertex indicator.
The signals can be filtered with support and resistance static and dynamic momentum indicators with or with both approaches.
They are taken as valid signals vertex only at certain levels of support and resistance, and are confirmed when momentum indicators short cross indicator of momentum slow.
RSX (2), ICC (2)> OBV and CCI (100),
RSX (2), ICC (2) <OBV and CCI (100),
Make profit at first support and resistance.
Initial stop loss 10-14 pips on the 1 min time frame, 15- 18 pips on the 5 min time frame.
In the pictures Super Support and Resistance Trading in action.