280# Antix Stochastic Scalping System
Scalping with Stochastic Indicator
Submit by jetro (written by Antix source http://antixforexsystem.weebly.com/)
Time Frame 5min, 15 min, 30min, 60min.
Currency pairs;any
Three moving averages:
16EMA
96EMA
XPS7 QQE alert (SF=4,RSI period=2, WP=1.236);
Rules:
-
Determine trends with moving averages;
-
up Trend= 2EMA>16EMA>96EMA; down trend = 2EMA<16EMA<96EMA.
Buy
-
2EMA>16EMA>96EMA;
-
XPS7 QQE alert (SF=4,RSI period=2, WP=1.236);>0;
-
4 time frame Stochastic green.
Sell
-
2EMA<16EMA<96EMA;
-
XPS7 QQQE alert (SF=4,RSI period=2, WP=1.236);<0;
-
4 time frame Stochastic Red.
Exit position
Depends by time frame and Currency pairs.
Options:
fast profit target predetermined;
pivot levels;
or when XPS7 QQE alert cross downward for buy and upward for sell (for time frame 30 min or 60 min).
In the pictures Antix Stochastic Scalping System in action.
Share your opinion, can help everyone to understand the forex strategy.
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