337# Bollinger Bands and Chaos Awesome Scalping System
Chaos Awesome Scalping Stystem
Submit by Marco 14/05/2013
Time Frame:1 , 5, 10, 15 ,30, min.
This technique is for those who want the most simple method that is
almost fool-proof. It must be done ONLY during the busiest trading hours,
3 am to 11 am EST. This method doesn't work in sideways markets, only in
volatile trending markets.
SET UP YOUR CHARTS:
1. Open a EUR/USD candlestick chart with a white background.
2. Add a moving average of 3, Exponential, Close( EMA). Change the color of the 3
ema line to black.
4. Add your Chaos Awesome Oscillator.
Here's the strategy:
Enter a long position when the black 3 EMA has crossed up through the red 20
EMA (middle band). At the same time, the Chaos should be approaching or crossing it's zeroline, going up.
Enter a short position when the black 3 EMA has crossed down through the red
20 EMA (middle band). At the same time, the Chaos should be approaching or crossing it's zero line, going down.
When to take your profit:
Simple...when your Chaos Awesome Oscillator turns a different color!
Here's a screenshot of “Bollinger Bands and Chaos Awesome Scalping System” in the 1 minute chart
Here's a screenshot (picture 2) of “Bollinger Bands and Chaos Awesome Scalping System” in the 10 minute chart.
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