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289# Price Action Scalping with I-targets

Price Action Trading System

Gamma indicator time frame 1 min and 5min

Submit by Leroy 04/02/2013

 

Time Frame 1min or 5min

Currency pairs majors.

 

Metatrader Indicators:

Gamma* (time frame 1 min)

Gamma (time frame 5 min)

Beta oscilator /time frame (1 min)

i-targets.

 

Rules setup 1 min

Buy

Red Dot Gamma indicator TF 1min, TF5min, and Beta red bar.

Sell

Green Dot Gamma indicator TF 1min, TF5min, and Beta red bar.

 

Rules setup 5 min

Buy

Red Dot Gamma indicator TF 5min, TF15min, and Beta (TF5min) red bar.

Sell

Green Dot Gamma indicator TF 5min, TF5min, and Beta (TF 5min) red bar.

 

Exit

Targets:

Pink lines = Targets for buy trades but fast target also grey line;

Green lines = Targets for sell tradesbut fast target also grey line.


Note for 5min time fra Target also profit target predetermated (8-14) pips

 

Stop loss always the previous line.

 

In the pictures Price Action Scalping with I-targets in action.

Price Action Scalping
Price Action Scalping
Price Action Scalping
Price Action Scalping

 

Share your opinion, can help everyone to understand the forex strategy.

 

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Price action Trading Systems