297#Scalping System with Color Stochastic
Submit by Ghirus (US) 22/02/2013
Time Frame 5 -15- 30 min
Currency pairs any.
Color Stochastic short term (15,3,9, LWMA, High/Low 80-20);
Color Stochastic long term (30,16,18 LWMA Close/close 90-10);
color stochastic scalping
The two color stochastic be green at the same time.
The price is below lower band of the Bollinger Bands and it is for a pullback to reentry into the bands.
We buy on tick up of fast stoch with green candle.
The two color stochastic be red at the same time.
The price is below upper band of the Bollinger Bands and it is for a pullback to reentry into the bands.
We sell on tick down of fast stoch with red candle.
for buy 5 pips below lower band.
For buy 5 pis above the upper band.
2 pips before that the price touches the middle band.
Share your opinion, can help everyone to understand the forex strategy.
Stochastic Trading Systems